Golden Veroleum (Liberia) CEO, Patrice Lobet, announces a new sustainability action plan to strengthen and restore confidence in the company’s sustainability credentials. The time-bound action plan will enable GVL to:
Properly assess and implement meaningful programmes rather than try to construct fixes to meet externally mandated timelines;
Recruit locally experienced professionals to help guide the journey in a Liberia-appropriate way;
Reconnect with and rebuild the trust of communities in which GVL operates and which are a core constituency of the business.
Our journey will involve:
Contracting of well-respected and experienced implementation partners to address the most pressing issues.
Strengthening of the local management team through the hiring of a locally experienced GM Sustainability and a senior stakeholder engagement and communications professional.
Formalised support from GAR sustainability division to ensure compliance with GSEP given GAR’s majority investor role.
Third party assessments on GVL’s implementation of sustainability policies and procedures.
Patrice Lobet believes that full implementation of the action plan will allow GVL to emerge in 12-18 months as a strong example of, and advocate for, sustainable palm oil production in Liberia. Read the statement here And a summary of the sustainability action plan here.