Factors influencing sustainability certification among plantation companies in Malaysia: A panel approach
The adoption of palm oil sustainability standards remains limited, especially among plantation companies. This is a concern since plantation companies are pivotal for the palm oil industry, not only because of their own production but because they form an important nucleus for smallholders. Using a panel technique, this study investigates the drivers underlying the certification of the Roundtable on Sustainable Palm Oil (RSPO) standard by plantation companies in Malaysia. We examine the period between 2007 and 2016. Panel logistics analysis allows for changes in variables, including company capacity (proportion of planted area and debt-to-equity ratio) and the time-dependent price of crude palm oil. Despite the fact that these variables influence adoption, our findings reveal that adoption is found to be elastic to changes only in proportion to the planted area. Plantation companies that have undertaken conservation efforts may present “low-hanging fruits”. Given the currently limited response to adoption, a partially targeted approach encompassing education and technical assistance, financial assistance, and regulation is recommended to create a more inclusive and enabling environment.
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Subjects: | E21 - Agro-industrie, D50 - Législation, P01 - Conservation de la nature et ressources foncières, durabilité, certification, huile de palme, Elaeis guineensis, plantations, normes environnementales, industrie de l'huile de palme, http://aims.fao.org/aos/agrovoc/c_33560, http://aims.fao.org/aos/agrovoc/c_35702, http://aims.fao.org/aos/agrovoc/c_5514, http://aims.fao.org/aos/agrovoc/c_2509, http://aims.fao.org/aos/agrovoc/c_5990, http://aims.fao.org/aos/agrovoc/c_79d7363d, http://aims.fao.org/aos/agrovoc/c_ccc27fe2, http://aims.fao.org/aos/agrovoc/c_4533, |
Online Access: | http://agritrop.cirad.fr/599450/ http://agritrop.cirad.fr/599450/1/599450.pdf |
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dig-cirad-fr-5994502024-01-29T03:49:25Z http://agritrop.cirad.fr/599450/ http://agritrop.cirad.fr/599450/ Factors influencing sustainability certification among plantation companies in Malaysia: A panel approach. Tey Yeong Sheng, Brindal Mark, Darham Suryani, Sidique Shaufique Fahmi Ahmad, Djama Marcel. 2020. Sustainable Production and Consumption, 22 : 231-238.https://doi.org/10.1016/j.spc.2020.03.005 <https://doi.org/10.1016/j.spc.2020.03.005> Factors influencing sustainability certification among plantation companies in Malaysia: A panel approach Tey, Yeong Sheng Brindal, Mark Darham, Suryani Sidique, Shaufique Fahmi Ahmad Djama, Marcel eng 2020 Sustainable Production and Consumption E21 - Agro-industrie D50 - Législation P01 - Conservation de la nature et ressources foncières durabilité certification huile de palme Elaeis guineensis plantations normes environnementales industrie de l'huile de palme http://aims.fao.org/aos/agrovoc/c_33560 http://aims.fao.org/aos/agrovoc/c_35702 http://aims.fao.org/aos/agrovoc/c_5514 http://aims.fao.org/aos/agrovoc/c_2509 http://aims.fao.org/aos/agrovoc/c_5990 http://aims.fao.org/aos/agrovoc/c_79d7363d http://aims.fao.org/aos/agrovoc/c_ccc27fe2 Malaisie http://aims.fao.org/aos/agrovoc/c_4533 The adoption of palm oil sustainability standards remains limited, especially among plantation companies. This is a concern since plantation companies are pivotal for the palm oil industry, not only because of their own production but because they form an important nucleus for smallholders. Using a panel technique, this study investigates the drivers underlying the certification of the Roundtable on Sustainable Palm Oil (RSPO) standard by plantation companies in Malaysia. We examine the period between 2007 and 2016. Panel logistics analysis allows for changes in variables, including company capacity (proportion of planted area and debt-to-equity ratio) and the time-dependent price of crude palm oil. Despite the fact that these variables influence adoption, our findings reveal that adoption is found to be elastic to changes only in proportion to the planted area. Plantation companies that have undertaken conservation efforts may present “low-hanging fruits”. Given the currently limited response to adoption, a partially targeted approach encompassing education and technical assistance, financial assistance, and regulation is recommended to create a more inclusive and enabling environment. article info:eu-repo/semantics/article Journal Article info:eu-repo/semantics/publishedVersion http://agritrop.cirad.fr/599450/1/599450.pdf text Cirad license info:eu-repo/semantics/restrictedAccess https://agritrop.cirad.fr/mention_legale.html https://doi.org/10.1016/j.spc.2020.03.005 10.1016/j.spc.2020.03.005 info:eu-repo/semantics/altIdentifier/doi/10.1016/j.spc.2020.03.005 info:eu-repo/semantics/altIdentifier/purl/https://doi.org/10.1016/j.spc.2020.03.005 info:eu-repo/semantics/dataset/purl/https://doi.org/10.17632/tcwvy7dzbf.1 |
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E21 - Agro-industrie D50 - Législation P01 - Conservation de la nature et ressources foncières durabilité certification huile de palme Elaeis guineensis plantations normes environnementales industrie de l'huile de palme http://aims.fao.org/aos/agrovoc/c_33560 http://aims.fao.org/aos/agrovoc/c_35702 http://aims.fao.org/aos/agrovoc/c_5514 http://aims.fao.org/aos/agrovoc/c_2509 http://aims.fao.org/aos/agrovoc/c_5990 http://aims.fao.org/aos/agrovoc/c_79d7363d http://aims.fao.org/aos/agrovoc/c_ccc27fe2 http://aims.fao.org/aos/agrovoc/c_4533 E21 - Agro-industrie D50 - Législation P01 - Conservation de la nature et ressources foncières durabilité certification huile de palme Elaeis guineensis plantations normes environnementales industrie de l'huile de palme http://aims.fao.org/aos/agrovoc/c_33560 http://aims.fao.org/aos/agrovoc/c_35702 http://aims.fao.org/aos/agrovoc/c_5514 http://aims.fao.org/aos/agrovoc/c_2509 http://aims.fao.org/aos/agrovoc/c_5990 http://aims.fao.org/aos/agrovoc/c_79d7363d http://aims.fao.org/aos/agrovoc/c_ccc27fe2 http://aims.fao.org/aos/agrovoc/c_4533 |
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E21 - Agro-industrie D50 - Législation P01 - Conservation de la nature et ressources foncières durabilité certification huile de palme Elaeis guineensis plantations normes environnementales industrie de l'huile de palme http://aims.fao.org/aos/agrovoc/c_33560 http://aims.fao.org/aos/agrovoc/c_35702 http://aims.fao.org/aos/agrovoc/c_5514 http://aims.fao.org/aos/agrovoc/c_2509 http://aims.fao.org/aos/agrovoc/c_5990 http://aims.fao.org/aos/agrovoc/c_79d7363d http://aims.fao.org/aos/agrovoc/c_ccc27fe2 http://aims.fao.org/aos/agrovoc/c_4533 E21 - Agro-industrie D50 - Législation P01 - Conservation de la nature et ressources foncières durabilité certification huile de palme Elaeis guineensis plantations normes environnementales industrie de l'huile de palme http://aims.fao.org/aos/agrovoc/c_33560 http://aims.fao.org/aos/agrovoc/c_35702 http://aims.fao.org/aos/agrovoc/c_5514 http://aims.fao.org/aos/agrovoc/c_2509 http://aims.fao.org/aos/agrovoc/c_5990 http://aims.fao.org/aos/agrovoc/c_79d7363d http://aims.fao.org/aos/agrovoc/c_ccc27fe2 http://aims.fao.org/aos/agrovoc/c_4533 Tey, Yeong Sheng Brindal, Mark Darham, Suryani Sidique, Shaufique Fahmi Ahmad Djama, Marcel Factors influencing sustainability certification among plantation companies in Malaysia: A panel approach |
description |
The adoption of palm oil sustainability standards remains limited, especially among plantation companies. This is a concern since plantation companies are pivotal for the palm oil industry, not only because of their own production but because they form an important nucleus for smallholders. Using a panel technique, this study investigates the drivers underlying the certification of the Roundtable on Sustainable Palm Oil (RSPO) standard by plantation companies in Malaysia. We examine the period between 2007 and 2016. Panel logistics analysis allows for changes in variables, including company capacity (proportion of planted area and debt-to-equity ratio) and the time-dependent price of crude palm oil. Despite the fact that these variables influence adoption, our findings reveal that adoption is found to be elastic to changes only in proportion to the planted area. Plantation companies that have undertaken conservation efforts may present “low-hanging fruits”. Given the currently limited response to adoption, a partially targeted approach encompassing education and technical assistance, financial assistance, and regulation is recommended to create a more inclusive and enabling environment. |
format |
article |
topic_facet |
E21 - Agro-industrie D50 - Législation P01 - Conservation de la nature et ressources foncières durabilité certification huile de palme Elaeis guineensis plantations normes environnementales industrie de l'huile de palme http://aims.fao.org/aos/agrovoc/c_33560 http://aims.fao.org/aos/agrovoc/c_35702 http://aims.fao.org/aos/agrovoc/c_5514 http://aims.fao.org/aos/agrovoc/c_2509 http://aims.fao.org/aos/agrovoc/c_5990 http://aims.fao.org/aos/agrovoc/c_79d7363d http://aims.fao.org/aos/agrovoc/c_ccc27fe2 http://aims.fao.org/aos/agrovoc/c_4533 |
author |
Tey, Yeong Sheng Brindal, Mark Darham, Suryani Sidique, Shaufique Fahmi Ahmad Djama, Marcel |
author_facet |
Tey, Yeong Sheng Brindal, Mark Darham, Suryani Sidique, Shaufique Fahmi Ahmad Djama, Marcel |
author_sort |
Tey, Yeong Sheng |
title |
Factors influencing sustainability certification among plantation companies in Malaysia: A panel approach |
title_short |
Factors influencing sustainability certification among plantation companies in Malaysia: A panel approach |
title_full |
Factors influencing sustainability certification among plantation companies in Malaysia: A panel approach |
title_fullStr |
Factors influencing sustainability certification among plantation companies in Malaysia: A panel approach |
title_full_unstemmed |
Factors influencing sustainability certification among plantation companies in Malaysia: A panel approach |
title_sort |
factors influencing sustainability certification among plantation companies in malaysia: a panel approach |
url |
http://agritrop.cirad.fr/599450/ http://agritrop.cirad.fr/599450/1/599450.pdf |
work_keys_str_mv |
AT teyyeongsheng factorsinfluencingsustainabilitycertificationamongplantationcompaniesinmalaysiaapanelapproach AT brindalmark factorsinfluencingsustainabilitycertificationamongplantationcompaniesinmalaysiaapanelapproach AT darhamsuryani factorsinfluencingsustainabilitycertificationamongplantationcompaniesinmalaysiaapanelapproach AT sidiqueshaufiquefahmiahmad factorsinfluencingsustainabilitycertificationamongplantationcompaniesinmalaysiaapanelapproach AT djamamarcel factorsinfluencingsustainabilitycertificationamongplantationcompaniesinmalaysiaapanelapproach |
_version_ |
1792500242760859648 |