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Sustainability Report 2019
Our Sustainability Reports are developed in line with international best practice. We report based on Global Reporting Initiative (GRI) Standards Reporting Guidelines (Core Option). Our GRI index can be downloaded here.
The SR2019 also contains disclosures recommended in the Agricultural Products Sustainability Accounting Standard (Industry Standard, Version 2018-10) that was developed by the Sustainability Accounting Standards Board (SASB). The SASB disclosure index can be downloaded here.
We also participate in several disclosure platforms including CDP (which incorporates the Task Force on Climate-related Financial Disclosures (TCFD) recommendations and elements of the Accountability Framework Initiative),SPOTT, FTSE4Good and DJSI.
Our latest CDP disclosures:
Material issues
Our assessment of material issues informs our sustainability strategy and management
approach, as well as our reporting on sustainability.
In 2017, we conducted an in-depth materiality assessment across our entire value chain.
This exercise built on our previous assessment in 2015. The result of the assessment is a prioritised list of 19 sustainability issues. Click here to see a summary of our materiality process.
Performance summary 2019
(subject to possible delays due to COVID-19 pandemic)
(subject to possible delays due to COVID-19 pandemic)
Stakeholder engagement
The issues facing palm oil production are complex and multi-faceted. This is why a key element of our approach to responsible palm oil relies on engagement and close collaboration with stakeholders.
We believe that enhanced mutual understanding between us and our key stakeholders will support the development of more effective solutions and partnerships, which can better balance environmental protection with the economic and social needs.
See here for a full description of how we engage with our stakeholders and the outcomes of engagement.
Commitment to United Nations Global Compact
The United Nations Global Compact is a call to companies everywhere to align their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption, and to take action in support of UN goals and issues embodied in the Sustainable Development Goals.
GAR, through its subsidiary SMART has subscribed to the UN Global Compact principles since 2006. In 2018, GAR became a signatory, signifying our continuing commitment.
We progressively incorporate the ten principles as well as align ourselves with the UN Guiding Principles for Business and Human Rights in the way we do business. This, together with our commitments to responsible palm oil production and human rights contained in the GAR Social and Environmental Policy (GSEP), helps make us a better corporate citizen. As an active participant of the UN Global Compact, our Sustainability Reports serve as our Communication on Progress (COP) to the UN Global Compact.
Download Sustainability Report
INTERACTIVE SR 2019
HIGHLIGHTS OF SR 2019
SR2019 GRI INDEX
SR2019 SASB INDEX
Sustainability Report 2018
Download here
Sustainability Report 2017
Download here
Sustainability Report 2016
Download here