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Companies at risk sourcing illegal palm oil despite zero deforestation commitments
2014-09-05 23:03:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: Major palm oil suppliers may be continuing to buy tainted palm oil despite high-profile commitments to eliminate deforestation from their supply chains, reports a new investigation published by Eyes on the Forest. The study tracked fresh fruit bunches illegally produced within the protected Bukit Batabuh tiger corridor in Sumatra's Riau, Jambi, and West Sumatra Provinces, finding that the contraband fruit entered palm oil processing facilities owned by Agro Muko, Asian Agri, Darmex, Incasi Raya,...
Burger King urged use Tom Hortons acquisition to correct appalling' palm oil policies
2014-08-28 10:51:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: Burger King's newly-announced $11bn acquisition of Canadian coffee and doughnuts chain Tim Hortons may have already faced criticism over its tax arrangements, but now the deal is also taking flak over the two companies' environmental track record. The Union of Concerned Scientists (UCS) this week called on both companies to use the planned merger as an opportunity to re-evaluate palm oil policies, which saw Burger King ranked at the bottom of the NGO's recent league table on companies' sustainable...
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NY comptroller reports ConAgra palm oil accord
2014-08-14 10:39:59| Food - Topix.net
The New York comptroller has withdrawn a shareholder proposal that ConAgra Foods curtail palm oil buying from suppliers destroying forests after the company adopted a new purchasing policy.
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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Indonesia: Half of Riau's oil palm plantations are illegal
2014-08-12 03:18:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: Half of the oil palm plantations in Sumatra's Riau Province are illegal, said Indonesia's top forestry official. Speaking to Antara News, Minister of Forestry Zulkifli Hasan said that two million of Riau's four million hectares of Riau's oil palm plantations lack permits. "Only two million of the total four million hectares of oil palm plantation area have official permit for forest conversion," Zulkifli was quoted as saying. Four million hectares represents half the area set aside for plantations...
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