JOHOR BAHRU, Oct 12 (Bernama) — Kulim (Malaysia) Berhad (KULIM) announced today that it has entered into a two-year purchase agreement of Certified Fresh Fruit Bunch (FFB) with Wild Asia and Eng Lee Heng Trading that will bolster the company’s production of traceable and sustainable palm oil that meets the stringent standards of the Roundtable on Sustainable Palm Oil (RSPO).
With the assistance of Wild Asia, KULIM was able to create a new model for working with FFB dealers. This new purchase agreement ensures there is a fair benefit share of RSPO premiums, allowing dealers to empower more smallholders. By working with Wild Asia under the Wild Asia Groups Scheme (WAGS), smallholders are supported to meet the global RSPO certification standard. WAGS is a programme developed by Wild Asia to provide technical and management support for smallholders to have their production to be independently certified, allowing them to participate in the global sustainable palm oil value chain.
