Sustainability Report 2017

RNS Number : 5306S

Equatorial Palm Oil plc

26 June 2018

 

26 June 2018

EQUATORIAL PALM OIL plc

("EPO" or the "Company")

Equatorial Palm Oil Sustainability Report 2017 Outlines Company's Community Relations and CSR Work to Show Value to Host Communities

Equatorial Palm Oil's third sustainability report published today

Equatorial Palm Oil today publishes its sustainability report for 2017, its third sustainability report publication ("Sustainability Report 2017"). The Sustainability Report 2017 describes the Company's ongoing community work in Liberia, illustrating its corporate social responsibility ("CSR") policies. The report also reviews projects to date and details how the Company commissioned and reported on an independent Human Rights Impact Assessment.

The Sustainability Report 2017can be found at:

http://www.epoil.co.uk/wp-content/uploads/2018/06/Sustainability-Report-2017.pdf

The Sustainability Report 2017 also outlines EPO's long-term policies on sustainability, the place of sustainable palm oil in Liberia, EPO's commitment to 'no-deforestation', land use commitments and buffer zones.

Key highlights:

·      Disclosure of EPO's taxation and financial contributions in Liberia

·      Employment statistics in relation to gender and remuneration

·      Case studies: Building Liberian careers

·      EPO's commitment to the Roundtable on Sustainable Palm Oil (RSPO), including the key principle of "Free, Prior and Informed Consent (FPIC)" from communities as essential for land development

·      EPO's new palm oil mill, on the Palm Bay estate, and its context within EPO's sustainable palm oil operations

·      EPO and the World Bank Smallholder Tree Crop Revitalization Support Project

·      Protocols and procedures relating to safety and workplace operations

·      Data detailing all EPO's CSR initiatives for an illustrative time period.

EPO's General Manager - Commercial, Sandy Barblett commented: 

"It is important to highlight the CSR work being undertaken in relation to the local community, environment and people around our operations in Liberia. We believe that doing business in a sustainable and viable manner is a corporate responsibility, integral to generating and sustaining short and long-term value for our stakeholders.

"EPO has a long term commitment to Liberia and its people, and the Sustainability Report 2017 details what we have done well and where we can add more value."

Contact:

Sandy Barblett, EPO

[e-mail]

Mark Nunn, CSR21

[e-mail]

EPO's on-going progress on CSR and sustainability can be monitored via the Company's dedicated microsite, which can be found at:

www.csr21.org/company/equatorial-palm-oil

 

END

 

 

NRABELLLVQFEBBE