Quartz: A palm oil giant has been sanctioned over forced labor and trafficking workers

“FGV Holdings Berhad isn’t having a great week.

First, the colossal palm oil giant, owned in part by the Malaysian government, posted its second consecutive quarterly loss, attributed to falling crude palm oil prices. Then today (Nov. 29), the Roundtable on Sustainable Palm Oil (RSPO) announced it would be sanctioning the company formerly known as FELDA Global Ventures. The charges include forced labor, complicity in the trafficking of workers, terrible living conditions, widespread illegality and over 25 breaches of the organization’s sustainability certification criteria on FELDA plantations.” (Read More)