According to Mongabay, Olam, a Singapore-based agribusiness giant and FSC-certified palm oil producer, has allegedly deforested over 25,000 hectares of wildlife-rich rainforest in Gabon to develop palm oil plantations. Mighty Earth first filed a complaint against Olam in 2016 after publishing a report in December that year, alleging that Olam cleared nearly 40,000 hectares of rainforest. Olam denies these claims, arguing the cleared areas were highly logged and degraded secondary forest, not high carbon stock (HCS) forests as claimed by Mighty Earth. Olam's group head of external affairs, Steve Fairbairn, stated that areas of high conservation value (HCV) were left untouched and are now strictly protected. He mentioned that about 50% of the most severely impacted and low-value regrowth areas were available for plantation development. Additional reports, such as one by the World Rainforest Movement, accused Olam of neglecting local community rights and making insincere deforestation commitments. It is suggested that Mighty Earth was motivated by the commercial timber value in the cleared areas, with timber revenues being invested in community-managed social funds.