Singapore's
JOil the world's first corporate to obtain Gold Standard sustainability
certification for its Jatropha plantation
• NGO-backed Gold Standard certification
obtained for Ghana plantation
• JOil's proprietary Jatropha varieties a
highly productive non-food crop for multiple sustainable industrial
applications including biofuel
• Second certification following ISCC certification
since 2019 SINGAPORE, March 7, 2022 /PRNewswire
Singapore-based Jatropha JOil Singapore Pte Limited (JOil) has become the first corporate to be awarded the worldclass sustainability certification Gold Standard for its Jatropha plantation in Ghana. Its Jatropha trees produce fruits that are a non-food, low carbon footprint source material for a variety of eco-friendly industrial applications, including biofuel. A best-in-class certification globally for climate and development projects, the prestigious Gold Standard certification has been awarded to JOil's Jatropha plantations in Bono East Province, Ghana, as afforestation, reforestation and re-desertification (ARR) project, the first corporate to achieve this, since the certification was established in 2003 by WWF and other international NGOs as a best practice standard for sustainable development. A joint venture between Temasek Holdings Limited, Tata International and Skyland Holdings, JOil is a pioneer in developing a sustainable Jatropha value chain. It uses a technology-led approach in planting variety research and downstream application technologies for industrial uses such as bio-resins, bio-plastics, bio-candles, to name a few. As part of upstream development, JOil will directly plant about 6,000 hectares (ha) of Jatropha and establish about 14,000 ha of Jatropha Plantation through an estimated 14,000 small holder outgrowers. This is expected to create agricultural employment opportunities for an estimated 1,500 people, especially women. JOil plans to certify all the plantations under Gold Standard or other appropriate carbon certification standards.