It is essential that natural assets are nurtured while fostering economic growth. We aim to build a supply chain that delivers more efficient land use and forest protection with a focus on smallholders and women to support improvements in their productivity and incomes.
3F Industries Ltd. is committed to implementing practices that will lead us to a more sustainable world. It has always been a part of the group’s culture to create economic value, contribute to a healthy ecosystem and build strong communities.
Our responsible palm oil programme is a journey and, as we learn more about the challenges and complexities, we shall continue to evolve and drive sustainability throughout our supply chain so that we make the greatest progress as fast as possible. We are committed to procure raw material primarily from RSPO complaint companies and organisations who do not support deforestation, employment of forced labour and child labour and use of fire for land clearance.
We have been a member of the Roundtable on Sustainable Palm Oil (RSPO) since 2014.
We endorse the Roundtable on Sustainable Palm Oil (RSPO) as the primary global sustainability standard for palm oil products and support the efforts of RSPO to develop mechanisms to distinguish sustainable palm oil products. As part of our commitment to being transparent on our progress and requirements, we have set out what our focus and intended actions will be during 2018 and beyond.
Transforming the industry relies on many partners. Our inclination is to do the right thing, even when it is arduous.
We intend to build a traceable and transparent palm oil supply chain firmly committed to:
No deforestation of high conservation value (HCV) lands or high carbon stock (HCS) areas
No development on peat
No exploitation of rights of indigenous peoples and local communities
We will work to ensure that palm oil and palm products that we trade or process are in line with these commitments. We will advocate, collaborate and seek the support of suppliers, customers, governments, nongovernmental organizations and other stakeholders to implement this policy so that we can improve the economic and social well-being of local community for a better tomorrow.