Friday, 5 July 2013

Sime Darby expected to be exonerated from forest fires in Sumatra that caused haze

Sime Darby Bhd, the world's largest producer of certified sustainable palm oil, is expected to be exonerated from the forest fires in Sumatra that caused smoky haze shrouding the skies of Malaysia, Indonesia and Singapore in recent weeks. Sime Darby was among the five companies being investigated by the Roundtable on Sustainable Palm Oil (RSPO), an international organisation that monitors and promotes sustainable farming of palm oil.
  • The other companies are PT Jatim Jaya Perkasa, Sinar Mas, Tabung Haji Plantations and Kuala Lumpur Kepong Bhd. The companies, which are RSPO members, were asked to submit digital maps of their plantations in Kalimantan and Sumatra as part of the investigation process. It is not known how many of the five will be cleared of the blame by RSPO but a source said Sime Darby will be exonerated. 
  • "Sime Darby had submitted the maps and RSPO is satisfied that they are not involved," said an industry source. RSPO is expected to issue a statement on the matter soon. (BT)

Source: CIMB Daybreak - 05 July 2013

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