Selecting and managing land responsibly
Land conversion is a key concern for many stakeholders with associated risks of loss of land rights, community displacement, deforestation and biodiversity impact. We comply with performance standards such as RSPO, FSC® and IFC in our own plantations, concessions and farms and we are a signatory of the UN Guidelines on Responsible Land Tenure. We rarely acquire land, favouring lease arrangements. The concept of acquiring or leasing land that we do not intend to develop – ‘land banking’, has no place in our company. Where there is a lack of clarity within the national laws and weak governance, it is our responsibility to clearly demonstrate our commitment to credible standards and ensure there is an established process of continued engagement and dialogue with local communities.
Read more about the challenges we face, our approach and our goals in the Land section of our 2015 CR&S Report.