Genting Plantations – Green Tigers Index Rankings

2019 PALM OIL SCORE

60

Genting Plantations is one of Malaysia’s largest palm oil producers with a 247,655 ha landbank.

The company’s annual report makes clear that it understands the key issues surrounding deforestation. Moreover, some of its policies are up to industry standards, such as its commitment to avoid development on High Conservation Value areas. Yet, while the company is committed to following the RSPO’s New Planting Procedures for High Carbon Stock areas and its Best Management Practices for peat, the company appears to lack clear, firm-wide policies that prohibit development in High Carbon Stock and areas and on peat, regardless of depth.

Genting Plantations is a member of the Roundtable on Sustainable Palm Oil. Its majority shareholder (54 percent) is Genting Bhd, an investment holding company, which makes ambitious policy changes and implementation unlikely.

See all of the rankings of major palm oil and soy companies on their adherence to forest conservation requirements on the Green Tiger and Green Jaguar index.