Korindo: Korean palm oil giant stripped of sustainability status | The Daily Update

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Korindo: Korean palm oil giant stripped of sustainability status

A Korean palm oil giant has been rejected from the world's leading green certification body in the wake of a BBC investigation.

The BBC had earlier found evidence that the Korindo group had been buying up swathes of Asia's largest remaining rainforests in the remote Indonesian province of Papua.

A visual analysis suggested that fires had then been deliberately set to these forests, a clear violation of the Forest Stewardship Council (FSC).

The regulator's tree logo - found on paper products throughout the UK and Europe - is meant to tell consumers the product is sourced from ethical and sustainable companies.

At the time of the BBC's investigation late last year, the FSC said they would not expel Korindo but were working with the Korean company to address social and environmental problems.

But now the green body says the relationship has "become untenable" and Korindo's trademark licenses with FSC will be terminated from October.

"We were not able to verify improvements in Korindo's social and environmental performance," Kim Carstensen, FSC international director general said.

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