SDP submits action plan ahead of schedule

KUALA LUMPUR: Sime Darby Plantation (SDP) Bhd has submitted its action plan on the findings from an independent verification assessment to the Roundtable Sustainable Palm Oil (RSPO) ahead of schedule.

This followed a letter it sent to the RSPO on Nov 17 which stated that the RSPO assessment team’s findings “do not reflect the current state of the company’s operations.”

The plantation company noted that the assessment team had identified violations of RSPO Standards, including the payment of unreported recruitment fees to agents, sub-agents or other third parties, and the retention of passports.

The plantation company said it has assessed and addressed the findings through the implementation of substantial revisions, improvements, and modifications of its policies and practices over a year ago.

“We take pride in our efforts over the last 18 months and share again the initiatives taken in relation to each of the items, which we trust, in many instances are above the RSPO principles and criteria requirements.

“We truly believe to achieve the RSPO’s vision of making sustainable palm oil the norm, using the theory of change, SDP has adopted continuous improvement efforts, including regular training and awareness initiatives, coupled with internal audits, verification, exercise, regular surveys of workers, the establishment of grievance channels and social dialogues as key enablers,” SDP told the RSPO in a letter dated Nov 25.

The RSPO had on Nov 14 asked SDP to complete an action plan over the next six months to address the weaknesses identified in its existing systems and processes. — Bernama

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!


Next In Business News

Global shares slide as interest-rate risk rises and geopolitics heat up
US CBP's modification of forced labour finding on SDP is credit positive: Moody’s
Thai baht faces worst day in 23 years as strong dollar pressures Asia FX
Dell to cut about 6,650 jobs, battered by plunging PC sales
Indonesia to suspend some palm oil export permits - officials
Oil prices edge higher as IEA's Birol talks up China demand outlook
Indonesia 2022 GDP growth races to 9-year high on resource boom
Foreign investors' latest targets in China
Asia shares skid, dollar gains as yields spike
CIMB cautious on net interest margin for this year

Others Also Read