Sustainability Report 2018
Welcome to the 8th edition of the GAR Sustainability Report
Sustainability Report 2018
Our Sustainability Reports are guided by international best practice. We are reporting based on Global Reporting Initiative (GRI) Standards Reporting Guidelines (Core Option). Our GRI 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:
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 2018
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 of our stakeholders.
See here for a full description of how we engage with our stakeholders and the outcomes of engagement.
Responsible Palm Oil on the Ground
Insect biodiversity in palm oil plantations
It is not widely known that established palm oil plantations can still house a surprisingly diverse and abundant insect population. Maintaining and enhancing biodiversity especially of insects, arachnids and other small creatures is a particular focus of R&D being carried out by GAR’s SMART Research Institute (SMARTRI) in collaboration with Cambridge and Southampton universities. Read more in our blog and on the BEFTA website.
Spotlight on SMART SPOT
"My hope in the long term, is for oil palm industry players in East Kutai to be able to add value to such conservation areas, and learn to coexist with these protected animals."
- Nur Patria, Head of Kutai National Park -
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.