Palm Oil Sustainability Policy — No Deforestation, No Peat, No Exploitation

As a subsidiary of POSCO International, PT BIA upholds No Deforestation, No Peat, No Exploitation (NDPE) commitment under our group-wide Palm Oil Sustainability Policy. This policy applies to not only all subsidiaries and joint ventures under POSCO International, but also all third-party suppliers, including palm oil-related companies, outgrowers, and plasma smallholders that supply fresh fruit bunches (FFB), and crude palm oil (CPO).

Environmental Conservation and Management

Compliance with applicable environmental protection laws and standards is our utmost priority. We always strive to minimize the environmental impact from our operation through environmentally friendly planting techniques, High Conservation Value (HCV) protection, best management practices implementation, and strong commitment to biodiversity and conservation in our concession. We also contribute to climate change mitigation by continuously reducing our greenhouse gas (GHG) emissions.

Protection of and Respect for Human Rights

We are committed to protecting the rights of our workers and the local communities. This includes implementing ethical employment practices and providing a safe working environment. We work with the local communities to contribute to their welfare and well-being through plasma oil palm plantations and other community programs. 

Stakeholder Engagement and Communication

With the shared vision to maintain thoroughly sustainable operations, we maintain an open and transparent communication channel with all our stakeholders. This is manifested in our commitment to maintaining traceability of our products and providing seamless communication channels through our sustainability dashboard.