Equatorial Palm Oil plc Sustainability Report 2016
February 21 2017 - 4:00AM
RNS Non-Regulatory
TIDMPAL
Equatorial Palm Oil plc
21 February 2017
21 February 2017
EQUATORIAL PALM OIL plc
("EPO" or the "Company")
Equatorial Palm Oil Sustainability Report 2016 Outlines
Company's Community Relations and CSR Work to Show Value to Host
Communities
Equatorial Palm Oil's second sustainability report published
today
Equatorial Palm Oil today publishes its second sustainability
report, intended to provide an update on EPO's Sustainability
Report 2015. This 2016 publication is an interim report which
updates on the Company's community work in Liberia, illustrating
its corporate social responsibility ("CSR") following the detailed
report released in 2015. The 2016 report reviews projects to date
and detailing how the Company has resolved some of the land rights
issues in Liberia, its country of operation.
The 2016 report can be found at:
http://www.epoil.co.uk/uploads/epo-sustainability-report-2016.pdf
The 2016 Sustainability Report also outlines EPO's long-term
positions on sustainability, the place of sustainable palm oil in
Liberia, EPO's commitment to "No-deforestation" and land rights
issues.
The report also addresses:
-- EPO's commitment to the Roundtable on Sustainable Palm Oil
(RSPO), including the key principle of - free, prior informed
consent (FPIC) - from communities as essential for land
development
-- The Company's plans to help make the certified sustainable
palm oil industry the basis of stable, long term economic
development in Liberia
-- EPO and the World Bank Smallerholder Tree Crop Revitialisation Project
-- Human Rights Impact Assessment being commissioned
-- EPO's tax and royalty regime, employment and training policy
-- "Concession Company of the Year 2016" awarded by The Inquirer newspaper
-- Case study: EPO schools and clinics
-- Data outlining all EPO CSR initiatives for an illustrative time period.
EPO's General Manager - Commercial, Sandy Barblett
commented:
"Since launching our first Sustainability Report in 2015, we
have had valuable feedback and encouragement for our CSR and
sustainability initiatives. This has culminated in EPO being
awarded "Concession Company of the Year 2016" by a leading Liberian
newspaper.
"EPO has a long term commitment to Liberia and its people, and
the Sustainability Report 2016 details what we have done well and
where we can add more value."
Contact:
Sandy Barblett, EPO
enquires@epoil.co.uk
Laurence Read, CSR21
lread@csr21.org
EPO's on-going progress on CSR and sustainability can be
monitored via the Company's dedicated microsite, which can be found
at:
www.csr21.org/company/equatorial-palm-oil
This information is provided by RNS
The company news service from the London Stock Exchange
END
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