In another move, a group of palm growers as well as palm oil processors and consumer goods producers came together in September to collectively address sustainability issues, according to an initiative led by Apical Group, the Singapore-based palm oil exporter that also produces palm oil in Indonesia.
Apical’s Sustainability team hosted its tri-annual Shared Value Programme (SVP) in Harris Vertu Hotel, Harmoni, Jakarta.
If you have been following Apical’s sustainability journey closely, you might have already heard of the newly-formed alliance known as SUSTAIN (Sustainability Assurance & Innovation Alliance). A little over a month old, you may wonder what the value of this initiative is and if this alliance is really going to help solve the traceability and sustainability issues faced by the palm oil industry.
The Japan Sustainable Palm Oil Conference 2018 (JaSPOC2018) took place at the IINO Hall & Conference Center in Tokyo, Japan on 22 October. The annual event was attended by organisations such as WWF, Kao Corporation, Ajinomoto, Nissin Foods Holding, AEON Co and Lion Corporations to name a few.
Director of Sustainability for Apical Group, Bremen Yong represented the palm oil trader and exporter at Enterprise Singapore’s Sustainability Forum which took place on 18th September 2018 at the agency’s headquarters in Victoria Street, Singapore.
Singapore-headquartered palm oil operator Apical has secured funding through a borrowing base facility syndicated to local and European institutions.
