(File pix) FGV Holdings Bhd said complaints panel (CP) of the Roundtable for Sustainable Palm Oil (RSPO) expressed satisfaction that FGV had fulfilled the major conditions that were laid out for rectification and is confident that FGV will continue to meet the milestones in its action plan.

KUALA LUMPUR: FGV Holdings Bhd says the complaints panel (CP) of the Roundtable for Sustainable Palm Oil (RSPO) has lifted the suspension on its Serting complex and reinstated its RSPO certification effective August 5.

FGV said the CP based its decision on the actions implemented by it since the suspension of the Serting complex in November last year.

Furthermore, it said the CP expressed satisfaction that FGV had fulfilled the major conditions that were laid out for rectification and is confident that FGV will continue to meet the milestones in its action plan.

FGV said in response to its suspension eight months ago, it had developed an action plan to address the concerns raised by the panel, and steps were taken to rectify any gaps in its practices.

To date, FGV submitted two quarterly progress reports to update RSPO on the implementation of its action plan.

The lifting of the suspension sets FGV back on track to achieve full RSPO certification by the end of next year.

“The decision serves to reinforce our commitment to sustainable and responsible business practices,” FGV group chief executive officer Datuk Haris Fadzilah Hassan said in a statement today.

“FGV will continue to take all necessary measures to entrench respect for human rights throughout our operation. We shall be true to our genesis as an organisation founded on the principles of social equity,” he said.

Meanwhile, the RSPO will continue to monitor the implementation of our action plan.

FGV said it was confident of meeting all of RSPO’s requirements in this regard.

To date, 34 of FGV’s total 68 mills are certified and a further 32 complexes are expected to be ready for auditing by the year-end.

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