Palm Oil Giant Moves Forward

http://news.mongabay.com/2012/0605-gar-high-carbon-stock-report.html

One of the world's largest palm oil companies has become the first to identify and disclose high carbon forests and peatlands in its concessions.

Golden Agri-Resources Limited (GAR), the owner of Indonesia's palm oil giant PT SMART Tbk, on Monday published a carbon assessment [PDF] of its holdings in Indonesian Borneo. The report is an important milestone under GAR's forest conservation policy, which prohibits conversion of land with more than 35 tons of carbon per hectare and moves the company toward a zero deforestation target.