Palm oil sector in focus:

Improving disclosures for better insight and prioritisation

Palm oil sector in focus: Improving disclosures for better insight and prioritisation
  • Report
  • 5 minute read
  • February 2025

With historically strong sustainability reporting, companies in the palm oil sector have a good foundation to build on in the disclosure of metrics related to climate and nature. In addition to producing reports using the framework of the Taskforce on Climate-related Financial Disclosures (TCFD), some reporting in relation to the Taskforce on Nature-related Financial Disclosures’ (TNFD) core global metrics for nature-related dependencies and impacts has been observed.

This publication shares the key focus areas that can be considered by palm oil companies when prioritising nature and conservation, recommending a holistic and data-driven approach to support better decision making. It discusses some points for consideration among companies in the palm oil sector, around potential for disclosure efficiency, enhanced clarity on roles between the sustainability and finance department to enable better quantification of climate, nature and sustainability related risks, and the need to manage the narrative around risks and opportunities.

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Andrew Chan

Andrew Chan

Asia Pacific Sustainability, Strategy & Transformation Partner, PwC Malaysia

Tel: +60 (3) 2173 0348

Perpetua George

Perpetua George

Director, Asia Pacific Sustainability, Nature & Biodiversity, PwC Malaysia

Tel: +60 (3) 2173 0188

Beatrice Ch'ng

Beatrice Ch'ng

Senior Manager, Sustainability and Climate Change Policy, PwC Malaysia

Tel: +60 (3) 2173 0051

Norleen Lowrans

Norleen Lowrans

Manager, Asia Pacific Sustainability, Nature & Biodiversity, PwC Malaysia

Tel: +60 (3) 2173 0495