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Ways to lift palm oil industry



KUALA LUMPUR: The palm oil industry must get itself certified as environmentally friendly and sustainable, otherwise consumers will look for alternatives, warned Synergy Drive Berhad, the world’s largest palm oil producer.

Its president and chief executive officer Datuk Seri Ahmad Zubir Murshid pledged that his company would use the best sustainable practices in all its plantations.

Synergy Drive will officially become the world largest palm oil producer when the merger of three big plantation companies – Sime Darby, Golden Hope and Kumpulan Guthrie – takes place next week.

“The newly-merged business will be an entity involved in five core activities – plantations, property, automotive, heavy equipment and energy and utilities.

“Our commitment to sustainable practices is across all operating sectors,” Ahmad Zubir said on Tuesday in his keynote speech at the fifth Annual Meeting of the Roundtable on Sustainable Palm Oil (RSPO).

“We are developing sustainable practices not just on the plantation but at the mill and in the processing plants in our oils and fats division,” he said.

The certification of sustainable palm oil practices would benefit the environment, economy and all stakeholders, said Ahmad Zubir.

Although there are hurdles to be overcome such as the need for adequately trained auditors to carry out certification and the high cost of implementing certification, the industry must solve them, he said.

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