SINGAPORE — The United Overseas Bank (UOB) has extended a $200 million sustainability-linked loan to Wilmar International Limited to help advance the agribusiness’ sustainability agenda. SE Asia News -SINGAPORE - Two senior executives of Singapore-based Wilmar International, the world's largest palm oil trader, have resigned, days after a Greenpeace report linked them to an During the ethanol manufacturing process we produce a co-product called dunder, which we use to make a range of liquid fertiliser and stockfeed products. THE BUSINESS TIMES Wilmar International - Find Wilmar International News & Headlines, ... Wilmar obtains US$150m sustainability-linked loan from OCBC. 2 0 obj Wilmar had launched their NDPE policy in December 2013 with minimal pressure from non-governmental organizations (NGOs) at the time due to the belief that sustainability is Wilmar’s business model. News Release - Wilmar Debuts on Dow Jones Sustainability Index 2020-11-16 18:16:00 General Announcement Disclosure of Change in Interest by Director - … … This ethanol is produced for the Australian fuel market and also to meet the demands of a wide range of industries and applications. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 595.32 841.92] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> The liquid fertilisers are applied to a variety of crops throughout North and Central Queensland, including sugarcane, horticulture and orchards. The application of Bio Dunder® liquid fertiliser products on Queensland sugarcane paddocks represents a full renewable cycle, as our liquid fertilisers originate from the production of Queensland raw sugar. Sustainable operations are what we do best. Careers     GrowerWeb login    HarvestWeb login    Contact us. It has the legs to create a global revolution in how we grow food. Our ethanol is made from molasses – a 100% Australian renewable feedstock derived from the sugar manufacturing process. 08 Sep 2016 --- Wilmar International Limited have annouced the publication of its Sustainability Report 2015. 31 Mar 2021. We recognise this commitment in our Sustainability Policy. Our liquid stockfeed supplements are a renewable source of natural protein and essential amino acids for livestock. Wilmar's commitment represents the latest but also by far the most significant "no deforestation" commitment yet. We continue to focus on measures that minimise our impact on the environment, such as optimisation of our energy and water demands, and reduction of our waste footprint. We're also Australia’s leading producer of renewable energy from biomass. stream endobj Sustainability - Wilmar The Wilmar Women’s Charter signifies a commitment to respect women’s rights while ensuring a fairer and more inclusive workplace for women in our workforce. The co-founder of the world’s largest palm oil trading company Wilmar International, Martua Sitorus, and Hendri Saksti, Wilmar’s country head for Indonesia, have resigned.. Suzanne Kroger, a palm oil campaigner at Greenpeace, said the NGO was “very supportive of the fact that Wilmar is making transparency a key element of the implementation of their policy”. <> Wilmar International Ltd and Crédit Agricole CIB announced that the former’s US$100 million two-year sustainability-linked facility has been closed. Founded in 1991, it is one of Asia's leading agribusiness groups alongside the COFCO Group.It ranks amongst the largest listed companies by market capitalisation on the … Singapore, 5 October 2018- Wilmar International Limited (Wilmar) launched a new and ambitious time-bound plan, developed collaboration in with The Forest Trust (TFT), with the Annual Report 2020; Sustainability Report 2019; Company Factsheet Our eight Queensland sugar mills operate on renewable energy generated onsite by using bagasse from the raw sugar production process. OCBC Bank Extends Wilmar a Three-Year US$150 Million Sustainability-Linked Loan. 3 0 obj Sustainability Report 2018 Participant. Wilmar’s surprise announcement comes after months of intense campaigning for a no deforestation policy by Greenpeace International, a staunch advocate for palm oil sustainability and long critic of the firm. Wilmar urges Greenpeace to take collaborative and constructive action: 25 Sep 2018: Wilmar’s reply to Greenpeace’s letter of 25 September 2018: 10 Sep 2018: Wilmar encourages suppliers to voluntarily publish concession maps: 10 Aug 2018: DBS and Wilmar Sign US$100 Million Sustainability-Linked Loan: 08 Jun 2018: OCBC Bank Partners Wilmar … We are committed to maintaining a responsible and sustainable sugar supply chain, while creating opportunities for our people and rural communities. Sugar Australia is leading the industry on commitments to optimise packaging material efficiency, label products with disposal and recovery information, and investigate opportunities to divert onsite waste from landfill. We believe sustainability is about planning for the future and so we constantly monitor the prevailing economic and political climate, as well as the environmental and social impacts of our business, so we can continue to meet the challenges that lay ahead. We also comply with sustainability criteria set by our federal and state governments. Wilmar's 2020 crushing season is under way after rain delayed start dates in three of our milling regions. Crédit Agricole CIB supports Wilmar International Limited with its USD100 million Sustainability-Linked Facility. x��=]oܶ������{�UDR%�0;IO��6�1P��A���"��g����33����] ]��8�!9�O����~���O?�~��W�Us������ۛ�>��m^�֛m�ߴ�ן{,z߶�fwr��=����E'�_QH%QVf��Q����Ѯy��Dۗ/N�_�x��E��I�y�['�2!b�F�e 1 0 obj <> The company has worked out an innovative financial deal with ING to link its existing loan to its sustainability performance, and has unveiled a policy aimed at protecting children living on its palm oil plantations. Central to Wilmar’s sustainability strategy is our No Deforestation, No Peat, No Exploitation (NDPE) policy, which extends across our global operations, including our joint-venture partners and third-party suppliers. Dutch bank ING has restructured a loan with commodity house Wilmar so that the company pays lower interest if it meets sustainability targets. The decision was announced on Tuesday, about a week after non-governmental environmental organisation Greenpeace issued a report that exposed Sitorus’ links to Gama Plantation, a … The sustainable management of our branded products is a key priority for our refineries. Wilmar International Limited Sustainability Report 2009 This is our first Sustainability Report. �JFL�����4�2N�=�Y���-�4���^:ÉS�~�)nn�,S���T�x,�/��1�I�%��He8k�=��x2;l��j���N�`s��g:g��`5K���䔝�>DP+C q�:QD�^�. Titled “Focused on Driving Value”, the Group’s fourth Sustainability Report centres on a commitment to value creation through sustainable business practices. 4 0 obj January 2018 – December 2018 Files In this interview with Eco-Business, the Singapore-listed company's chief sustainability officer Jeremy Goon talks about the challenges of implementing the most challenging sustainability pledge in its history. As part of our Sustainability Policy, we: We’re dedicated to developing products and implementing technologies that are better for our environment and support a sustainable future for our industry, customers and the community. 01 Apr 2021. Wilmar International and Crédit Agricole CIB have announced the successful closure of a two-year US$100 million ($132.9 million) sustainability-linked facility. implement, maintain and continuously improve the processes supporting certification to our chosen sustainability standards. As at 12.39pm, shares in Wilmar were trading 3 cents higher, or 0.7% up, at $4.18. As the diagram below shows, our ethanol manufacturing process is part of a renewable cycle. Chelsea's long history of supporting sustainable operations includes pursuing multiple projects that limit energy consumption, maximise water efficiency and reduce solid waste generated onsite. Volac Wilmar Feed Ingredients is a joint venture which combines the nutritional reputation, global brand and sales network of Volac with the operational raw material logistics and scale of Wilmar.. Volac and Wilmar aim to set the agenda for sustainable and ethical sourcing and we believe that feed fats play a vital role in sustainable and productive livestock nutrition. Wilmar and ING collaborate on sustainable loan. 15 Sep 2020 | Chito Santiago Asia’s leading agribusiness group Wilmar International and one of Hong Kong’s leading conglomerates Swire Pacific have secured sustainability-linked loans from Singapore banks to advance their sustainability agenda. New stockfeed product Published: 01 July 2020 Wilmar launches new ambitious action plan to accelerate NDPE implementation . InfoSAWIT, SINGAPURA - United Overseas Bank (UOB) Limited encouraged Willmar International Limited (Wilmar), palm oil plantation and agribusiness company in Asia to make the sustainable agenda better through the green (sustainable) loan/fund scheme for the next two years for about US$ 200 million. For example, sugarcane production on our farms is based on practices that limit erosion, minimise chemical application and reduce run-off into waterways. Sustainability is a critical part of our Wilmar BioEthanol business. Latest News; SGX Announcements; 22 Apr 2021. 77% of certifiable area is RSPO-certified. Wilmar’s 2019 membership fees to the HCSA were due on April 2; failure to pay would have seen it suspended. Wilmar Sugar’s New Zealand team is working towards a transition to 100 per cent recyclable packaging by 2025. Read about our commitment to a responsible sugar supply chain and creating opportunities for our communities. © 2020 by Wilmar Sugar Pty Ltd. All Rights Reserved. <>/Metadata 93 0 R/ViewerPreferences 94 0 R>> Wilmar International Limited (Chinese: 丰益国际) is a Singaporean food processing and investment holding company that provides management services to its 400+ subsidiary companies. We export enough excess electricity to the Queensland grid to power more than 68,000 Australian homes for 12 months. News Release Wilmar Debuts on Dow Jones Sustainability Index Singapore, 16 November 2020 – Wilmar International Limited (Wilmar) today announced its inclusion to the Dow Jones Sustainability Indices (DJSI), under the Asia Pacific Index for the Food, Beverage and Tobacco industry grouping. Both the UOB and Wilmar created a … We see this as part of our ongoing engagement with our stakeholders, and would welcome your comments and questions. ING has partnered Wilmar International Limited on its first sustainability performance-linked loan in Asia. In order to plant the palm trees that produce the palm oil, Wilmar destroys thousands of hectares of virgin Indonesian rainforest and peatlands every year. Certification and Conservation. 2019/08/15 Time period. We recognise the importance of sustainably managing our operations so that present needs are met, without compromising future generations. Wilmar’s commitment was, and still is, a massive undertaking as it is applicable to their suppliers at group-level. It is important to Wilmar that we continue to improve our ESG performance as the business grows,” Loo adds. SGD 3.99 Buy now . New Britain Palm Oil Limited , one of the largest fully integrated industrial producers of sustainable palm oil and Wilmar International Limited Asia’s leading agribusiness group, today announce that they have agreed to set up an integrated supply chain and joint marketing arrangement for supplying Continental Europe with fully traceable and segregated sustainable … Less than a year ago, Wilmar made an industry-first promise to cut deforestation out of its entire supply chain. FOR IMMEDIATE RELEASE . ABN 44 081 051 792. promote and foster a culture of sustainability with our employees, contractors, visitors, suppliers, customers and community; seek continuous improvement of our sustainability performance by setting measurable objectives aimed at the reduction of greenhouse gas emissions and the promotion of resource and energy efficiency; identify and assess risks and opportunities related to the impacts of climate change across our business; conduct our operations in compliance with all applicable legislation, licences, codes of practice and industry standards; share and regularly report on our sustainability performance with our employees and other interested parties; and. Sustainability - Wilmar Sugar %PDF-1.7 Wilmar will convert a portion of its existing bilateral, committed revolving credit facility with the bank into a sustainability performance-linked loan. We strive to ensure sustainability is an integral part of our business model, across all of our business units. WILMAR International has obtained a three-year, US$150 million sustainability-linked loan from OCBC. The margin of the facility will depend on Wilmar’s performance of the pre-determined sustainability-linked key performance indicators (KPIs). At our distillery in Sarina, we manufacture ethanol as part of a renewable cycle. ��m��u�r%�7�M�-WŢ�wJX.�4���)��v/e�gQ��8���d�� Kd,�(�m��#D����@������N�6�1�Ӱ�\\�J��v��a:r�Dz���eq����a^��b�\�z��ٱੈ�|�Q� 1ﰑ�ߗ�����]��Ŷ���χn_m�i[] a6�l���>l�+��l��$t��Lډ?F�ц��!�Wȡ�,Fx|Fj�2ٮ�٢���v�49�c c Quick Links. Sustainability continues to play an integral role in our business strategy and operations. The margin of facility is connected to Wilmar’s performance of the sustainability-linked key performance indicators (KPI), where the achievement of each KPI is accorded a specified discount and the margin will … In arranging the green fund, UOB cooperates with Wilmar … 57����2Zw�u���B����ş��Wt���w����|1E��.XË o&��8O#@P$�����,�^�������(y܌r?=%���p���� �di\� ���ߣ�_���������|���K����\����g|{��E7B�3���H�M�tzy�e����x4Y\�Sxl News Release . Wilmar was rated the least sustainable publicly traded company in the world by Newsweek, lagging behind companies like Monsanto, Coal India, Dow Chemical and ExxonMobil. Wilmar International Limited; Published. 56 Neil Road Singapore 088830 Tel: (65) 6216 0244 . %���� Greenpeace, who in December 2013 cautiously welcomed Wilmar’s sustainability policy, also praised the company’s new initiative. endobj Wilmar International, the world’s largest producer of palm oil, has announced major steps forward in reducing its environmental and social impacts. endobj “We are very pleased to have UOB’s support with this sustainability-linked loan which aligns our sustainability and corporate financing strategies. Our ethanol is made from molasses – a 100% Australian renewable feedstock derived from the sugar making process. Wilmar International has unveiled a series of sustainability milestones including a landmark finance deal and a new child protection policy.

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