Palm Oil Processors and Traders Operational Profile 1.1 Please state your main activity(ies) within the supply chain Refiner of CPO and CPKO Trader 1.
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1 Particulars About Your Organisation Organisation Name Louis Dreyfus Commodities Asia Corporate Website Address Primary Activity or Product Processor and/or Trader Related Company(ies) Membership Membership Number Membership Category Membership Sector Ordinary Palm Oil Processors and/or Traders
2 Palm Oil Processors and Traders Operational Profile 1.1 Please state your main activity(ies) within the supply chain Refiner of CPO and CPKO Trader 1.2 Operation and Certification Progress Do you have a system for calculating how much palm oil and palm oil products you use? 1.3 Total volume of all palm oil products handled in the year Total volume of Crude Palm Oil (CPO) handled in the year 520, Total volume of Palm Kernel Oil (PKO) handled in the year 82, Total volume of other Palm Oil Derivatives and Fractions handled in the year 1,200, Total volume of all palm oil and palm oil derived products handled in the year 1,802, Volume handled in the year that is RSPO-certified : Description Crude Palm Oil Palm kernel oil All other palm-based derivatives and fractions handled in the year that is RSPO-certified Book & Claim Mass Balance Segregated Identity Preserved Total volume of Oil Palm handled that is RSPO-certified: 6,
3 What is the percentage of certified sustainable palm oil in the total palm oil your company sells in: Europe 100% India % China % South East Asia % rth America % What is the percentage of certified sustainable palm kernel oil in the total palm kernel oil your company sells in: Europe % India % China % South East Asia % rth America % Time-Bound Plan 2.1 Date of first supply chain certification (planned or achieved) Time-bound plan - Year expected to achieve 100% RSPO certification of all supply chains What are your interim milestones towards achieving this RSPO certification commitment (year and progressive CSPO%)? Please state annual targets/strategies. A key start point for LDC regarding RSPO certification was to attain value chain certification at our two Indonesian storage and refining facilities, which was achieved in late This will allow us to handle greater volumes of certified material as we work towards our 2020 goals. 2.4 Timebound plan - Year expected to only "handle/supply" RSPO certified oil palm products What are your interim milestones towards achieving this RSPO certification commitment (year and progressive CSPO%)? Please state annual targets/strategies. as above 2.6 How do you promote RSPO and RSPO certified sustainable palm oil to your customers proactively? As a 164-old company, with approx 22k employees in 100 countries, we take our sustainability responsibilities very seriously. Being a good member of the RSPO is critical to meet this objective. We have endorsed the RSPO principles, and based our own Palm Principles around them. We strongly commit to them, and seek to embed our sustainability principles throughout the organization both within our own staff (though the intranet, internal meetings, publications), but also through promotion with the numerous counterparties with whom we interact. We are regular attendees of roundtable events across all commodities, and publish our sustainability progress and ongoing ambition in annual sustainability reports. GHG Emissions 3.1 Are you currently assessing the GHG emissions from your operations? 3.2 Do you publicly report the GHG emissions of your operations? Actions for Next Reporting Period
4 4.1 Outline actions that you will take in the coming year to promote CSPO use along the supply chain We seek to engage all of our supplier base according to our Palm & RSPO principles and strive to work with our suppliers to meet these. We have, and will continue to work with suppliers specifically to rectify an sustainability issue. In 2015 we have engaged an external consultant so as to together conduct a supply chain mapping of all our suppliers. This will enable us to identify which suppliers we need to support to advance their sustainability practices. Over half of our assets in the palm value chain are certified by RSPO (mass balance & segregation) and all our other assets in the palm value chain are currently undergoing certification. Reasons for n-disclosure of Information 5.1 If you have not disclosed any of the above information please indicate the reasons why not applicable Application of Principles & Criteria for all members sectors 6.1 Related to your sourcing, do you have (a) policy/ies, that are in line with the RSPO P&C such as: Land Use Rights Ethical conduct and human rights Labour rights Stakeholder engagement 6.2 Where relevant, what prevents you from trading/processing only CSPO? limited supply Commitments to CSPO uptake As you don't source 100% CSPO through physical supply chains (IP/SG/MB), please answer the following questions: Do you have plans to? Please specify: Current time-bound commitment to source 100% CSPO by Do you have plans to immediately cover the gap using Book & Claim? Please explain why: this is something we need to investigate further, but educating buyers on the merits of this system is also required. Concession Map Do you agree to share your concession maps with the RSPO? Please explain why:
5 Challenges 1 What significant economic, social or environmental obstacles have you encountered in the production, procurement, use and/or promotion of CSPO and what efforts did you make to mitigate or resolve them? Often premiums are required when purchasing palm oil products at origin, that are not paid by buyers at destination. Regarding environmental issues, we will have better visibility of our entire supply chain from this perspective once our appointed consultant delivers their report. We will then work with them to implement their recommendations through the requisite action plan 2 How would you qualify RSPO standards as compared to other parallel standards? Cost Effective: Robust: Simpler to Comply to: 3 How has your organization supported the vision of RSPO to transform markets? (e.g. Funding; Engagement with key stakeholders; Business to business education/outreach) We have learnt a great deal about sustainable visions in relation to palm oil from direct engagement with our peers and industry leaders. We are now looking to apply this knowledge to out own sourcing operations, and in turn engage with our buyers to raise their awareness of these same issues. 4 Other information on palm oil (sustainability reports, policies, other public information) Please find below the link to our most recent Sustainability Report;
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