Sustainable Palm Oil
As the most widely used vegetable oil in the world, with the highest oil yield per hectare, palm oil is likely to remain a crucial part of food production in the future.
As food consumption continues to grow, demand for palm oil is rapidly rising too. That’s why finding ways to source it responsibly is the subject of our increasing concern.
We work extensively with both Roundtable on Sustainable Palm Oil’s (RSPO) and International Sustainability & Carbon Certification (ISCC), both of which certified our palm-related assets and entities.
Building on the commitments specific to the RSPO 2013 Principles and Criteria for Sustainable Palm Oil Production, we expanded our policies further, particularly with regards to environmental objectives.
Our Palm Sustainability Policy affirms LDC's commitment to:
- Safeguard all high conservation value (HCV) lands or high carbon stock (HCS) areas
- Leave all peat untouched, regardless of depth
- Uphold the rights of local communities and / or indigenous people
- Comply with International Labour Organization (ILO) conventions on forced labor and discrimination
- Abide by rigorous anti-bribery and corruption standards
LDC is also a member of the Earthworm Foundation (previously known as The Forest Trust), a leading environmental and social not-for-profit organization which helped us to achieve rapid progress in our No Deforestation, No Peat, No Exploitation Policy (NDPE) commitment. We are already at 100% mill-level traceability for palm processed at LDC assets, and close to achieving 100% mill-level traceability for all palm oil supplied to us.
For more information regarding our priorities, traceability, mill lists and grievances, please download our Traceability Progress report, Traceability to Mill list for H2 2019, Palm Grievances Protocol and Palm Grievance list.
Our commitments are described in more detail in LDC’s Palm Sustainability Policy.
