Sime Darby Plantation ranks top in ASEAN business study

KUALA LUMPUR, A collaborative study by ASEAN CSR Network and Mahidol University’s Institute of Human Rights and Peace Studies on ASEAN business and human rights agenda saw Sime Darby Plantation Bhd (SDP) taking the top spot.

Titled ‘Human Rights Disclosure in ASEAN’, the study involved 250 listed companies in Indonesia, the Philippines, Malaysia, Thailand and Singapore, measuring the companies’ disclosure through materials made public against the United Nations Guiding Principles on Business and Human Rights (UNGPs) and the Global Reporting Initiative Standards.

In a statement today, SDP said the findings reaffirmed that the company’s sustainability journey was on the right path.

Chief sustainability officer Dr Simon Lord said the findings were a positive encouragement for the company to continuously improve its sustainability standards and protection of human rights.

The palm oil industry continues to be under scrutiny over allegations of unsustainable practices and human rights abuses, and SDP is serious in addressing the risks of these issues occurring within our operations through various policies and initiatives.

The commitments we pledged in our Human Rights Charter and Responsible Agriculture Charter are further strengthened by our partnership with various other independent organisations and non-governmental organisations, to ensure that we are on the right track where human rights are concerned, he added.

SDP said the companies involved in the study were scored based on a diagnostic framework under six categories, namely fundamental human rights commitments; policy statements on human rights; operational information; due diligence; monitoring and reporting as well as claims and remediation.

The UNGPs were endorsed by the UN Human Rights Council in June 2011, and were globally accepted as an objective measure of social responsibility and sustainability.

Source: BERNAMA (News Agency)