Olam defends against attack on its palm oil practices in Gabon. Author: The Straits Times (Singapore) Olam International...has hit back against a report by a US-based environmental lobbying group accusing it of endangering the forest habitats of African wildlife with widespread deforestation in its palm oil concessions in Gabon...Olam said the report...has important factual errors, and several ...
Olam fails to reveal the third party suppliers that provide over 99% of its palm oil. Less than 1% of Olam’s palm oil comes from its own plantations. Olam’s lack of transparency is in sharp contrast to the other major traders in the industry like Wilmar International, Musim Mas, and Golden Agri-Resources, all of which identify third party suppliers and palm oil mill locations.
Get PriceThis influential company has about 20,000 employees, is run by one of the 40 richest people in Malaysia, creates a market for deforestation palm oil at a time when most of the industry is heading in the opposite direction, and is a supplier to many leading companies around the world. For these reasons, and because of its long track record of ...
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Get PricePalm oil users test new satellite technology to track deforestation 02.15.2025. Read More Indonesia defends palm oil after EU targets 2030 phase-out in road fuel 02.15.2025. Read More Danish Dairy Giant, Arla Foods Switches to Eco-Friendly FSC-Certified Cartons for its Arla 24 Milk Product 02.15.2025. Read More
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Get PriceOlam defends against attack on its palm oil practices in Gabon An aerial view showing palm oil plantations belonging to Olam in Kango, central Gabon, in 2014. PHOTO: AFP
Get PriceOlam defends against attack on its palm oil practices in Gabon The Singapore Straits Times Dec. 12, 2016
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