A key component of the Policy adopted in December 2013 is a commitment to ensuring that Wilmar does not develop High Carbon Stock (HCS) Forests or High Conservation Value (HCV) Areas. Wilmar recognizes primary forests as well as High Density, Medium Density, Low Density and Regenerating Forests as HCS Forests. Full details of the Wilmar Policy can be found here which applies to all Wilmar operations worldwide, including those of its subsidiaries, any refinery, mill or plantation that it owns, manage, or invest in, regardless of stake and all third-party suppliers from whom it purchases or with whom it has a trading relationship. High carbon stock does not apply to plantations or other land in agricultural production.
Wilmar understands that further research and pilot studies are underway across a number of geographies to identify HCS areas that can and should be protected. Wilmar is engaging and participating in this on going research. Before implementation of HCS area conservation, Wilmar is committed to expert review and participatory consultation with governments, communities and NGOs.
Wilmar further understands and supports the fact that this research and development is based on fundamental ecological landscape conservation principles that aim to identify and protect as much HCS forest in the landscape as possible. Wilmar will support the conservation and restoration of important forests, peatlands, and other ecologically and culturally important lands within the landscape in which we operate. We will explore options to do this with a wide range of stakeholders, including governments and civil society organisations.