Felda pulls environment certificates from 58 palm mills

Reuters | .

Malaysia's Felda Group, the world's third-largest palm plantation operator, has withdrawn certificates of environmental sustainability from all of its 58 processing mills that had them, it said on Tuesday.

The group said it and subsidiary Felda Global Ventures Holdings Bhd had withdrew the certificates granted by the Roundtable on Sustainable Palm Oil (RSPO).

"This exercise allows a more inclusive certification between commercially managed plantations by Felda Global Ventures and FELDA smallholders," it said in a statement filed to the local stock exchange, without elaborating.

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