Wilmar International Limited Managing Multiple Stakeholders in a Global Palm Oil Agribusiness Group Beng Geok Wee Geraldine Chen Ivy Buche 2010

Wilmar International Limited Managing Multiple Stakeholders in a Global Palm Oil Agribusiness Group Beng Geok Wee Geraldine Chen Ivy Buche 2010

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Topic: Wilmar International Limited Managing Multiple Stakeholders in a Global Palm Oil Agribusiness Group Beng Geok Wee Geraldine Chen Ivy Buche 2010 Section: Recommendations for the Case Study I also suggest a plan for improving Wilmar’s stakeholder management practices. This plan should include: 1. Define stakeholders: Wilmar needs to define each stakeholder, including customers, suppliers, investors, employees, and regulatory agencies. see this It should

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In my research on Wilmar International Limited, I have studied and analyzed the various stakeholders in this agribusiness group, and the management strategies that the company has implemented to manage these diverse groups effectively. I came across Wilmar as a multinational agribusiness group that is a leader in the palm oil industry in Asia and the Middle East. The company operates in more than 20 countries and generates approximately 50% of the world’s palm oil consumption. I conducted in-depth research in Wilmar

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Background Wilmar International Limited (Wilmar) is a multinational palm oil agribusiness group with a diverse portfolio of operations. It is the largest supplier of palm oil to the food and beverage industry globally. Wilmar’s principal products include vegetable oil, edible oil, margarine, biodiesel, and food ingredients, amongst others. Wilmar operates through three key business segments: wholesale, retail, and value-added products. The wholesale segment comprises over 60 percent

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Wilmar International Limited (Wilmar), the world’s largest palm oil producer, with its headquarters in Singapore, was founded by the Chia family in 1947. With roots in rubber plantation and commodity trading, Wilmar’s initial business comprised palm oil imports. In 1997, Wilmar’s core business expanded to the plantation, processing and trading of cocoa, rubber, and other commodities. Wilmar’s mission is to become “one of the world

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As a graduate student, I am always interested in knowing how the multi-stakeholder approach is used in a global agribusiness group. I have found Wilmar International Limited, a Singapore-based palm oil group with interests in Asia and Europe, to be an excellent example of how this approach is implemented. I conducted an extensive online search and read through several news articles and scholarly literature before preparing this case study. I will present Wilmar International Limited’s approach with an emphasis on the role of corporate social responsibility and sustainability issues.

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