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âIndependent complaints panel finds Golden Veroleum liable of destroying Liberiaâs forestsâ 17 February 2021
Monrovia, Amsterdam, Washington D.C. â The High Carbon Stock Approach (HCSA), an agribusiness industry sustainability body, has confirmed longstanding allegations that Golden Veroleum Liberia, the Liberian investee of palm oil giant Golden Agri-Resources, committed widespread deforestation over a thousand hectares of forest, including endangered species habitat and important wetlands. In a comprehensive report published this month, the company was also found to have violated the land and cultural rights of local communities, including the right to free prior and informed consent and social requirements on basic needs and grievance and remedy.
Monrovia, Liberia – Earlier this month an independent investigation in Liberia found that over a thousand hectares of a sensitive and already-threatened forest ecosystem in the Upper Guinean Rainforest had been cleared. The finding was the result of the first formal complaint heard by the High Carbon Stock Approach (HCSA), an environmental auditing body.
The perpetrator, Golden Veroleum Liberia (GVL), is a project of the world’s second largest palm oil company, Golden Agri-Resources (GAR). Internationally, GAR supplies palm oil to leading retail brands including Procter & Gamble, PepsiCo, Mondelez and Nestle. One of a small number of multinational companies growing palm oil in West Africa, GVL operates its plantation on lands that are customarily owned by Liberian communities. The region also serves as a habitat for endangered, endemic species, including chimpanzees and pygmy hippopotami.
Independent Complaints Panel Finds Golden Veroleum Liable of Destroying Liberia’s Forests
Independent Complaints Panel Finds Golden Veroleum Liable of Destroying Liberia’s Forests
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Monrovia, Amsterdam, Washington D.C. – The High Carbon Stock Approach (HCSA), an agribusiness industry sustainability body, has confirmed longstanding allegations that Golden Veroleum Liberia, the Liberian investee of palm oil giant Golden Agri-Resources, committed widespread deforestation over a thousand hectares of forest, including endangered species habitat and important wetlands. In a comprehensive report published this month, the company was also found to have violated the land and cultural rights of local communities, including the right to free prior and informed consent and social requirements on basic needs and grievance and remedy.
The company is also found to have violated the land and cultural rights of local communities, including the right to free prior and informed consent and social requirements on basic needs and grievance and remedy.