- Palm oil production impacted by El Niño weather phenomenon.
- Activities in Papua New Guinea disrupted by volcanic eruption.
- Challenges in achieving Living Wage benchmarks.
- Concerns over contaminants in palm oil (chloride, MOSH/MOAH, GE).
- Land conflicts and community grievances.
SIPEF
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, SIPEF disclosed greenhouse gas emissions of 651.5K tCO2e/year. By scope: Scope 1: 645.5K tCO2e/year; Scope 2: 6.0K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
651.5K tCO2e/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 645.5K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 6.0K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 651.5K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved a 10% reduction in net GHG emissions intensity (Scope 1 and 2) relative to its 2021 baseline.
- 100% RSPO compliant palm oil production.
- Completed an integrated High Conservation Value and High Carbon Stock Approach (HCV-HCSA) assessment in Papua New Guinea.
- Indonesian Ministry of Environment and Forestry (KLHK) approved the SIPEF Biodiversity Indonesia (SBI) 10-year management plan.
- Achieved Rainforest Alliance and GLOBALG.A.P. certifications for new banana plantation sites.
- Maintained Fairtrade certification for all Fairtrade certified sites.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve 100% RSPO certification for all oil palm operations by 2026.
📅 Medium-term
- Reduce GHG emission intensity per tonne of CPO by 28% by 2030 (target to be revised in 2024).
🔭 Long-term
- Annual production target of 600,000 tonnes of palm oil and 55,000 tonnes of bananas by 2031.
🌱 ESG Focus Areas
Climate ChangeCommunity Rights and DevelopmentHealth and SafetyHuman Rights and Labour StandardsSupply Chain ManagementSustainable Land Use and ConservationOperational EfficiencyProductivity and QualityAnti-Bribery and Anti-CorruptionCorporate GovernanceR&D and InnovationSustainability Standards and CertificationFood Safety