Sipef NV 2018 AR2
The report highlights SIPEF's operational and financial performance for the fiscal year 2018, marking its 100th year of operations. The company achieved record production volumes, exceeding 1.5 million tonnes of palm fruit and 350,000 tonnes of crude palm oil, despite facing low palm oil prices that impacted net profits. Key sustainability milestones included obtaining Rainforest Alliance certification for rubber activities and ISO 9001:2015 certification for Indonesian operations. Additionally, the company continued its expansion in South Sumatra, reaching 79,787 total planted hectares, and advanced its green energy initiatives with methane capture systems at five of its nine palm oil mills.
Company: Sipef NV
Sector: Agriculture, forestry & fishing
Country: Belgium
Year: 2018
Type: AR2
Pages: 202
Sipef NV
The report highlights SIPEF's operational and financial performance for the fiscal year 2018, marking its 100th year of operations. The company achieved record production volumes, exceeding 1.5 million tonnes of palm fruit and 350,000 tonnes of crude palm oil, despite facing low palm oil prices that impacted net profits. Key sustainability milestones included obtaining Rainforest Alliance certification for rubber activities and ISO 9001:2015 certification for Indonesian operations. Additionally, the company continued its expansion in South Sumatra, reaching 79,787 total planted hectares, and advanced its green energy initiatives with methane capture systems at five of its nine palm oil mills.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees