Musim Mas becomes the second palm oil company to get net zero targets SBTi-approved

Quick Summary:

The Singaporean palm oil exporter plans to announce more details in early October.

This comes after its Malaysia-based counterpart Sime Darby Plantation got its climate goals verified by the Science Based Targets initiative in end-2023.

The company plans to officially announce its SBTi-approved targets on 3 October, after the release of its annual sustainability report this month, said Lim.

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Article Details

Author / Journalist: Gabrielle See

Category: EconomyBusiness

Markets: SingaporeIndonesiaJapanMalaysia

Topics: Carbon offsetting Farming Palm oil Scope 1 Deforestation Science-based targets Decarbonisation Scope 3 Carbon credits Net zero Emissions Agribusiness Scope 2 Agriculture

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-12 @ 10:55:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: eco-business.com

Language: English

Article Length: 797 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Eco-Business

News ID: 22469548

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