
Golden Agri-resources sets ambitious 12% increase in CPO yield by 2015
Higher yield strategy part of sustainability plan.
In a presentation made before RI Asia 2013, the director of corporate communications and sustainability Peter Heng said that Golden Agri-resources (GAR) plans to achieve a 12% increase in average CPO yield from its 2010 level by 2015.
GAR is determined to produce more palm oil from less land and reduce its impact on the environment through higher yields. Heng said that higher yields is also a sound financial proposition for smallholders, who will see improved livelihood income, as well as reduce the pressure on the environment since less land will need to be opened.
Heng also noted four best practices that will ensure that the yield improvement plan is met. This includes using higher-yielding planting material, better agronomical practices, a more collaborative management style with leading research institutions and universities, and prioritizing development on mineral soils with suitable climate.