Reply To: For which specific industries is Environmental Due Diligence needed?


Kay Yong

The palm oil industry and possibly other agriculture industries. Due to environmental problems such as deforestation, illegal land conversion, land-grabbing, loss of biodiversity, etc., governments in countries where palm oil production is high (like malaysia and indonesia) have in place certification requirements to regulate the palm oil industry and ensure sustainability. Due diligence will be required on companies bound by these regulations to ensure that the company has complied with the certification requirements.

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