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10 months ago

Climate Action 2009-2010

NOT NECESSARILY SO, IN

NOT NECESSARILY SO, IN OUR OPINION. At Wilmar, we believe we can achieve an equitable balance between the two if we are committed, and if we try. And this is exactly what we are doing, especially on the climate change front. As Asia’s leading agribusiness group, we employ best agricultural practices that help mitigate greenhouse gas (GHG) emissions: zero-burn; no-tillage; biological nitrogen fixation by planting legume species; maintaining riparian zones along natural waterways; recycling organic waste such as empty fruit bunches (EFBs) for mulching in the plantations, and to replace inorganic fertilizers with organic ones. Furthermore, we are working on different projects, including setting aside contiguous tracts of High Conservation Value (HCV) forests for biodiversity conservation within our oil palm plantations and investing in clean development mechanisms – biomass boilers and methane-capture systems – at our mill and refinery sites. Both initiatives are also aimed at reducing GHG emissions by generating “green” power to replace fossil-fueled electricity. These projects also generate good returns on investments in carbon markets. The industry continues to face hurdles from detractors who argue that profits come at the expense of the planet. So we beg to differ. We are diligently working with various expert partners on several initiatives to improve on our environmental practices. We are pursuing certification for sustainable production of our products. We will continue to develop environmental management programmes to help tackle climate change. With continuous improvement, we believe we can mitigate the impact of our carbon footprint by 1.2 million tonnes of GHG emission annually by Year 2012. For more information, please visit www.wilmar-international.com/sustainability