05 Jun '12, 11pm

Palm oil giant moves forward on zero deforestation initiative via @mongabay

Palm oil giant moves forward on zero deforestation initiative via @mongabay

One of the world's largest palm oil companies has become the first to identify and disclose high carbon forests and peatlands in its concessions. Golden Agri-Resources Limited (GAR), the owner of Indonesia's palm oil giant PT SMART Tbk, on Monday published a carbon assessment [PDF] of its holdings in Indonesian Borneo. The report is an important milestone under GAR's forest conservation policy, which prohibits conversion of land with more than 35 tons of carbon per hectare and moves the company toward a zero deforestation target. The study reported carbon stocks exceeding the 35-ton cutoff in a range of forest types, including low to high density forests and in areas of old regrowth. Young scrub, deforested grassland, and open land were suitable for planting, according to the carbon assessment. The High Carbon Stock report was released just days after Greenomics, an Indone...

Full article: http://news.mongabay.com/2012/0605-gar-high-carbon-stock-...

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ACTION: #Palm oil is devastating #rainforests. Tell #EPA to listen to science, NOT #lobbyists from the industry.

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Palm oil giant making good on forest commitment in Indonesia, finds independent analysis via @mongabay

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