- Responsible Development
As a part of its Responsible Management Policy, Socfin Group is fully committed to eliminating deforestation in all of its operations and suppliers, and to avoiding the development of plantations on peatlands, regardless of depth.
Socfin has committed to no greenfield development will be carried out until mapping and studies of HCV areas and HCS forests and peatland have been completed and approved.
Responsible management also means that the rights of indigenous populations must be respected and that local communities have the right to give or withhold their Free, Prior and Informed Consent (FPIC) to all operations affecting the land or resources on which they have legal, community or customary rights.
To achieve this, no greenfield development will be carried out until mapping and studies of high conversation value (HCV) areas, high carbon stock (HCS) forests and peatland areas have been completed and approved by the competent bodies. These assessments will help to identify those regions that need protection and the communities that need to be involved when development is planned.
Additionally, communities’ FPIC will be sought, including carrying out participatory mapping, for the development of all new plantations or infrastructures.
HCV assessment summary reports: