KUALA LUMPUR, July 9 (Bernama) — FGV Holdings Berhad (FGV) is pleased to announce that on 30 June 2024, the Group submitted its petition to the United States Customs and Border Protection (CBP) for the modification of the Withhold Release Order (WRO) that was issued in September 2020 on palm oil and palm oil products made by FGV. The submission comes after significant remediation efforts across its operations towards ensuring full enjoyment of labour rights and improving the welfare of workers.
FGV appointed LRQA (formerly known as ELEVATE) as an independent third-party to assess FGV’s palm oil operations against the relevant labour standards, in particular the International Labour Organization (ILO) Indicators of Forced Labour. FGV also appointed Crowell & Moring as its legal counsel to advise the Group on requirements stipulated by US and international law to address the WRO.