In the business report that Malaysia's 2nd largest palm oil company is under scrutiny "following allegations about land disputes and illegal deforestation" it is a sign that the world is paying attention to industries that covertly destroy the world's remaining forests, and though I have no doubt that the company in question will clear its name, it is nevertheless an encouraging sign that our Govt has openly accepted such scrutiny.
The industry group has advised that it would consider further sanctions, including the suspension of licences for new certified sustainable transactions, if the company cannot satisfactorily respond by a certain deadline.
It would certainly do Malaysia a lot of good too, if the Timber industry will come under a similar scrutiny, and be issued licences for certified sustainable transactions, for their products to be internationally recognised as causing minimum harm to the environment. At the moment, I am not sure if anyone in the world is concerned if the timber exported from Malaysia has been extracted illegally from encroached forest reserves and native lands..Moreover, the re construction of Japan after the quake and tsunami, will be a prime motivator for more encroachment.
Socially Responsible Industries
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