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Key message
The palm sector has strong roots to anchor ESG disclosure
With historically strong sustainability reporting, companies in the palm 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), there is also already some reporting related to the Taskforce on Nature-related Financial Disclosures’ (TNFD) core global metrics for nature-related dependencies and impacts. For example, greenhouse gas (GHG) emissions, total spatial footprint, waste generation and disposal, and resource use / replenishment. Leveraging on these existing disclosures can serve as a foundation for further integration of TNFD’s metrics within the palm sector to streamline reporting and minimise duplication of efforts.
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