Sarawak Oil Palms Bhd 2017 AR2
The report outlines Sarawak Oil Palms Berhad's financial and sustainability performance for the fiscal year 2017. The company achieved a profit after tax of RM258.6 million, representing an 82% increase from the previous year, driven by higher palm oil prices and a 36% increase in fresh fruit bunches (FFB) production. On the sustainability front, the company committed to certifying all its planted areas, palm oil mills, and downstream facilities under the Malaysian Sustainable Palm Oil (MSPO) standards by the end of 2018. Additionally, the company set aside approximately 200 hectares of regenerating secondary peat forest for conservation and biodiversity purposes, known as the Tinbarap Conservation Forest.
Company: Sarawak Oil Palms Bhd
Sector: Consumer Staples
Country: Malaysia
Year: 2017
Type: AR2
Pages: 170
Sarawak Oil Palms Bhd
The report outlines Sarawak Oil Palms Berhad's financial and sustainability performance for the fiscal year 2017. The company achieved a profit after tax of RM258.6 million, representing an 82% increase from the previous year, driven by higher palm oil prices and a 36% increase in fresh fruit bunches (FFB) production. On the sustainability front, the company committed to certifying all its planted areas, palm oil mills, and downstream facilities under the Malaysian Sustainable Palm Oil (MSPO) standards by the end of 2018. Additionally, the company set aside approximately 200 hectares of regenerating secondary peat forest for conservation and biodiversity purposes, known as the Tinbarap Conservation Forest.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Renewable Energy
Women in Management
Workplace Fatalities
Employees