FGV Holdings says it will achieve 100 pct traceability by 2021

FGV Holdings says it will achieve 100 pct traceability by 2021 - Hello loyal readers FeedGoogle, In the article you are reading this time with the title FGV Holdings says it will achieve 100 pct traceability by 2021, We have prepared this article well for you to read and take information in it. hopefully the contents of the post Article Malaysians, what we write you can understand. Alright, happy reading.

FGV Holdings, the world's largest crude palm oil producer, said on Thursday it expects to achieve 100 percent supply-chain traceability by the fourth quarter of 2021.Supply-chain traceability allows buyers to track the source of palm fruit back to the estate it is harvested from, and ensures that the palm oil is legally sourced and produced.The company said it had achieved an 81 percent traceability to plantation, in an effort to ensure its fresh fruit bunch (FFB) sources are not linked to deforestation, planting on peat and open burning."While we are 100 percent traceable to the mills, tracing FFB to the plantations of origin presents a unique set of challenges attributed to the complexity of the supply chain in FFB traders' network," Group chief executive officer Haris Fadzilah Hassan said in a statement.He said FGV sources two-thirds of its FFB from extern…