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Big palm oil companies move forward on carbon study

2014-08-14 06:41:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Seven palm oil giants have agreed to fund a study that will define what constitutes "High Carbon Stock" (HCS) forest, a move that will potentially determine the fate of ecosystems around the world as more companies commit to "zero-deforestation" policies based on the amount of carbon stored in vegetation. The companies - IOI Corporation Berhad, Kuala Lumpur Kepong Berhad, Sime Darby, Asian Agri, Musim Mas Group, Cargill and Wilmar International - are jointly funding the year-long study, which...

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