Malaysian palm oil giant bars supplier


The palm industry "still has issues around deforestation, we don't deny that, but somehow the attention is always on us," Rashyid Redza, principal sustainability officer at Sime Darby, told Reuters

CAREY ISLAND, Malaysia: Sime Darby Plantation, the world's largest palm oil planter, has suspended a supplier for failing to meet its environmental standards and identified 54 others as "high-risk" in Malaysia and Indonesia in recent months as it fights against deforestation.

Sime Darbyis potentially one of the biggest losers from a European backlash against an industry accused of clearing vast areas of tropical rainforest to make way for plantations.

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