Outdated narrative around palm oil is misleading investors, says former company CSO

Quick Summary:

A recent study found that the more transparent palm oil firms are in reporting their ESG performance, the less they are valued by investors.

The findings of CGS’s study also suggested that investors in palm oil producers are “indirectly endorsing unsustainable practices” and therefore contributing to environmental degradation.

This is largely the result of a dated narrative that has shaped investor confidence in the sector, a former palm oil company sustainability chief has said.

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Article Details

Author / Journalist: Siva Selan

Category: EconomyBusiness

Markets: SingaporeIndonesiaJapanMalaysiaUnited Kingdom

Topics: ASEAN Reporting Palm oil Chief sustainability officer Supply chain Research ESG Agribusiness Agriculture Investment Crops

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-15 @ 07:21:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: eco-business.com

Language: English

Article Length: 917 words

Reading Time: 6 minutes read

Sentences: 25 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Eco-Business

News ID: 21625035

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