AgroAmerica Ranks Among the Top 10 of the Most Transparent Companies in Sustainable Palm Oil Practices in the World
AgroAmerica ranked as the 7th sustainable company out of 100 oil palm companies in the world. This year the company received a rating of 84.95% in the latest Sustainability Policy Transparency Toolkit (SPOTT) Assessment recently released by the UK-based Zoological Society of London (ZSL).
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201110006035/en/
AgroAmerica ranked in the top 10 out of 100 palm oil producers, processors, and traders on the public disclosure of their policies, operations, and commitments to environmental, social, and governance (ESG) best practice, in the results published by the renowned SPOTT Transparency evaluation. On the image, one of the most notable AgroAmerica's conservation project, The Maya Biosphere Conservation Project, that promotes the protection of 19,000+ hectares of land and the biodiversity of the area. (Photo: Business Wire)
The SPOTT platform promotes the transparency of companies by disclosing their policies, practices, and commitments related to environmental, social, and governance issues.
Fernando Bolaños, CEO of AgroAmerica, said that this is the third consecutive year that AgroAmerica participates in this sustainability evaluation, intending to improve, year after year, its practices and commitments, and continue to offer food products sustainably produced and distributed.
SPOTT evaluates 180 indicators grouped into 10 categories: Sustainability and leadership; Landbank, maps and traceability; Certification standards; Deforestation and biodiversity; HCV, HCS and impact assessments; Peat, fire and GHG emissions; Water, chemical and pest management; Community, land and labor rights; Smallholders and suppliers; Governance and grievances.
The evaluation aims to measure the progress of companies towards sustainable production and marketing of palm oil. Among the most notable results, AgroAmerica obtained the complete qualification in HCV, HCS and impact assessments, for its commitment to the conservation of ecosystems, especially in areas of High Conservation Value.
Additionally, its commitment to zero deforestation and the use of technological tools for the optimization of natural resources, as well as the implementation of programs and projects for compliance with labor and land rights and the verifiable establishment of good relations with communities, allowed AgroAmerica to be among the top 10 of the companies evaluated in the transparency ranking.
The SPOTT evaluation team, comprised of professionals from prestigious London universities, belongs to ZSL, and is part of the Palm Oil Roundtable (RSPO).
“Participating in this evaluation is part of our policy of being transparent in our sustainable production practices and reaffirming our commitment to comply with international standards, which leads us to differentiate ourselves and have a competitive advantage in the oil palm sector, as well as promote a sustainable production and trade, ”stated Bolaños.
AgroAmerica is an agro-industrial company dedicated to the production and commercialization of food products, through sustainable and responsible methods. Our company has operations in Europe, the United States, Mexico, Guatemala, Ecuador, Peru, and Panama.
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Anark Deepens Commitment to Customer Engagement with Additions to Executive Leadership Team, Marketing, and Sales Enablement1.12.2020 20:51:00 CET | Press release
Anark Corporation, a leading provider of Intelligent Information Management (IIM) and collaboration software, announced today that Greg Caldwell, former marketing executive at 3D Systems and Microsoft, has joined as Vice President of Marketing and Sales Enablement. Caldwell will join the executive leadership team and be responsible for elevating Anark’s global brand, expanding market opportunity, and growing the business. Caldwell is a seasoned marketer, strategist, and business leader with an extensive background in IT hardware, software, and manufacturing. Throughout his career he has always believed in putting the customer first and creating modern, relevant, digital initiatives that help customers educate themselves and make more informed buying decisions. Prior to joining Anark in November of 2020, Caldwell was Vice President of Marketing and Communications at 3D Systems, one of the world’s leading additive manufacturing companies. Before 3D Systems, he spent almost 11 years as Gl
Lineage Logistics Enters the Polish Cold Storage Market With the Acquisition of Pago Sp. z o.o.1.12.2020 18:04:00 CET | Press release
Lineage Logistics Holdings, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced it has acquired Pago Sp. z o.o. (“Pago”), a leading warehousing, distribution and transport logistics provider in Poland from its current ownership, including Tönnies International Holding GmbH (“Tönnies”). The strategic acquisition marks the Company’s entrance into the Polish market and adds six exceptional assets to Lineage’s global network of temperature-controlled facilities. Lineage was founded and continues to be managed by Bay Grove Capital, LLC (“Bay Grove”), a principal investment firm dedicated to partnering with strong management teams to build long-term platform investments. Financial terms of the transactions were not disclosed. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201201005951/en/ The acquisition of Pago Sp. z o.o
Sumitomo SHI FW fluidized bed technology – upscaling thermochemical energy storage to a commercial level1.12.2020 17:47:00 CET | Press release
One of the largest obstacles in using renewable energy efficiently is the possibility to store energy on a large scale. SaltX Technology AB has partnered with Sumitomo SHI FW (SFW) to solve this in terms of heat energy. "The storage solution is like a "salt battery". It is based on a basic chemical process with a very common material, calcium oxide produced from limestone, with enhanced properties by our nanocoating process", explains Carl-Johan Linér, CEO of SaltX. Simplified, when calcium oxide reacts with water, it turns into calcium hydroxide and releases heat. Respectively, when calcium hydroxide is dried, it absorbs heat. SFW has designed a fluidized bed pilot reactor, which serves as the point of discharge, where the salt releases the heat. The new 100 kW reactor in SaltX's new testing installation in Sweden, near Stockholm, combines the performance of SaltX's patented nanocoated salt with SFW's fluidized bed technology. "SFW's technology has huge potential to take the salt batt
PierianDx Announces Expanded Partnership with Illumina to Support Cancer Genomic Reporting in Global Markets1.12.2020 17:00:00 CET | Press release
PierianDx, the leading clinical genomics informatics company, today announced an expanded partnership with Illumina to enable PierianDx genomic reporting solutions for use with AmpliSeq™ for Illumina® Focus Panel, AmpliSeq™ for Illumina® Myeloid Panel and the TruSight™ Hereditary Cancer Panel. Adding these panels expands the existing relationship between Illumina and PierianDx, which currently covers use of the PierianDx platform to support genomic reporting in key global markets for the TruSight Oncology 500 portfolio. Performing a comprehensive NGS test and delivering an accompanying genomic report were once only accomplished via a send-out test to a commercial lab. However, in performing tests as send-outs, healthcare organizations relinquish control over samples, turnaround time, and quality. The PierianDx platform enables healthcare organizations to accelerate their precision medicine programs by empowering them to create accurate, timely, and comprehensive clinical genomic report
Rhizen Pharmaceuticals Announces US FDA Acceptance of its IND Application for RP7214 in SARS-CoV-2 Infection; Phase 1 Clinical Trial of RP7214 Set to Begin Early December 20201.12.2020 16:01:00 CET | Press release
Rhizen Pharmaceuticals, a clinical-stage oncology-focussed biopharmaceutical company, today announced the approval of its Investigational New Drug (IND) application by the U.S. Food and Drug Administration (FDA) to study its oral DHODH inhibitor for SARS-CoV-2 infection. The company announced that initial study shall evaluate single ascending doses of RP7214 in healthy volunteers and that dosing is expected to commence in early December 2020. The company also announces positive feedback from the FDA during its pre-IND discussion on its plans to follow-up this study with a multiple-ascending dose study in Covid-19 patients. Dihydroorotate dehydrogenase (DHOHD) is a key enzyme involved in pyrimidine biosynthesis in the cell. RP7214 is potentially a best-in-class selective DHODH inhibitor that has shown potent inhibition of Covid-19 viral replication. RP7214 has also been studied extensively across multiple inflammation models where it has demonstrated excellent anti-inflammatory activity
Andersen Global Adds Collaborating Firm in Azerbaijan1.12.2020 15:30:00 CET | Press release
Andersen Global expands into Azerbaijan by way of a Collaboration Agreement with independent Baku-based law firm MGB Law Offices, adding coverage and positioning the organization for further expansion between Europe and Asia. Founded in 1995, MGB Law Offices, which has ten lawyers, has been recognized by IFLR1000, Legal500 and Chambers and Partners as the leading law firm in Azerbaijan. Led by Managing Partner Ismail Askerov, the full-service firm offers solutions in various industries such as oil and gas, aviation, banking and finance, insolvency and restructuring, tax, privatization law and foreign investment. The firm’s client base includes blue-chip multinationals, international financial institutions, insurance companies, airlines, telecom companies and other business entities. “We are proud of our ability to consistently deliver best-in-class services, and our comprehensive solutions position us to be one of the most reputable law firms in the market by allowing us to meet the di