ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Goldtree Mill and Independent Smallholders Attain Certified Sustainable Palm Oil in Sierra Leone

By: 3BL Media

Goldtree Achieves RSPO Certification for Nearly 5,000 Smallholders

SOURCE: SCS Global Services

DESCRIPTION:

SIERRA LEONE, October 13, 2021 /3BL Media/ - Goldtree S.L. Ltd is happy to announce that, as of the 13th of July, our operations have achieved certification to the acclaimed Roundtable on Sustainable Palm Oil (RSPO) from internationally recognized third-party certification body SCS Global Services (SCS). This means that Goldtree can offer palm oil products that are officially certified under the standards of the RSPO. By adhering to these standards, Goldtree demonstrates that our palm oil addresses various aspects of sustainability, including the protection and enhancement of the natural ecosystems our plantations are located in, as well as protecting the human rights of the local communities we work with, while operating our business in an ethical and transparent manner.

Additionally, 4,983 smallholder farmers, who are members of the Ngoyaï Gbaayegie Farmer Based Organisation FBO) that supply Goldtree with Fresh Fruit Bunches (FFBs) used in the production of our palm oil products, also achieved RSPO certification. The total certified area covers 8,667 hectares. These smallholders have attained certification according to RSPO’s newest standards, having achieved Milestone B of the ‘RSPO Independent Smallholder Standard’. The Ngoyaï Gbaayegie Farmer Based Organisation is the first group of independent smallholders in Africa to achieve this; they are also the largest group of independent smallholders worldwide - according to the number of members and area covered - to be currently certified at this level.

Marie Rosine Njomgang Motuo Epse Nsegbe, Sustainability Manager of Goldtree “As group manager of the Ngoyaï Gbaayegie Farmer Based Organisation (FBO), it has been a pleasure to work hand in hand with the smallholders, I see every day how their practices and lives are being improved. Even those farmers, who may have been at a disadvantage, the elderly, the widowed and the youth are developing their farms through Good Agricultural Practices, and they are excited to achieve this progress. It has been amazing for me and all of the group, we are happy for this achievement, and we will work together to maintain this high standard that has been reached.”

Smallholders are farmers that grow oil palm, in which the majority of labour comes from the family owning the farm, and this supplies the majority of their income. Smallholders account for around 40% of total global palm oil production, so they are an integral aspect towards a totally sustainable oil palm industry.

“SCS is proud to pioneer RSPO Principles & Criteria certification in Africa for Goldtree’s audit in collaboration with the most qualified local auditors,” said Adriana Cala, SCS Global Services’ Technical Manager of RSPO Principles & Criteria Program. “As the first group of smallholders in Africa and the largest worldwide to be certified, Goldtree is paving the way as a genuine leader in social and environmental responsibility. Third-party certification is the only impartial way to demonstrate sustainable operations for palm plantations.”

Goldtree S.L. Ltd has always been committed to ensuring all our palm oil products are produced in a sustainable way, and that our business operations also reflect this; achieving this RSPO certification demonstrates that we believe in this business principle. Alongside this, we will also continue to ensure that our business is one of prosperity for all those involved - the palm oil industry, the local farmers and suppliers, and the natural environment in which we operate.

READ MORE

About Goldtree

Goldtree’s operations are located near Daru in the Eastern Province of Sierra Leone and consists of a palm oil mill, with the capacity to process around 20 tonnes of Fresh Fruit Bunches (FFBs) per hour, with the main product from the mill being certified sustainable palm oil. For more information about Goldtree, visit https://www.goldtreeholdings.com.

Eric Senesei – the spokesperson for the Ngoyaï Gbaayegie FBO – expresses his excitement for having become RSPO certified. Farmers in the Ngoyaï Gbaayegie FBO have welcomed the RSPO’s presence, having provided training for better harvesting methods, allowing for their production rate to increase rapidly. While many of the farmers in this FBO were already applying Good Agricultural Practices on their farms, Mr. Senesei expresses his happiness and excitement that they have been recognised and certified by the RSPO.

About SCS Global Services

Founded in 1984, SCS Global Services is a global leader in third-party environmental and sustainability verification, certification, auditing, testing, and standards development. Its programs span a cross-section of industries, recognizing achievements in natural resource management, green building, product manufacturing, food and agriculture, supply chains, climate mitigation and more. Headquartered in Emeryville, California, SCS has representatives and affiliate offices throughout the Americas, Asia/Pacific, Europe and Africa. Its broad network of auditors are experts in their fields, and the company is a trusted partner to companies, agencies and advocacy organizations due to its dedication to quality and professionalism. SCS is a chartered Benefit Corporation, reflecting its commitment to socially and environmentally responsible business practices. For more information, visit www.scsglobalservices.com. For more information about RSPO Principles & Criteria Certification, visit https://www.scsglobalservices.com/services/rspo-principles-and-criteria-pc-certification.

MEDIA CONTACTS:

Nikki Helms nhelms@scsglobalservices.com

Kalindi Lorenzo Kalindi@plantingnaturals.com

###

Tweet me: As the first group of smallholder oil palm farmers in Africa and the largest worldwide to be RSPO certified, Goldtree is paving the way as a genuine leader in social & environmental responsibility. Read more: https://bit.ly/3v8tX5m @SCScertified @RSPOtweets #sustainable #palmoil

KEYWORDS: goldtree, Oil Palm, Palm Oil, Sustainable palm oil, smallholder farmers, scs global services, SCS Certified, SCS, RSPO, Roundtable on Sustainable Palm Oil

images of trees and logos for Goldtree, SCS Global, and RSPO group of people standing under trees group standing in forest group of people walking on path

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.