RGE stands for Royal Golden Eagle, or Raja Garuda Emas. A holding company with activities ranging from paper, palm oil, construction, and energy business sectors.
|RGE Pte Ltd||SGP||website|
|RGE Pte Ltd|
This company has been caught sourcing from a palm oil mill and producer that have been expelled from much of the global palm oil marketplace due to breaches of anti-deforestation and peatland destruction policies. This latest investigation by Rainforest Action Network (RAN) proves that RGE Group remains one of the most controversial actors in the Indonesian forestry and palm oil sectors.
Source: RAN (2021)
Forest 500 identifies the 350 companies and 150 financial institutions with the greatest exposure to tropical deforestation risk, and annually assesses them on the strength and implementation of their deforestation and human rights commitments. This company received a score of 30%.
Source: Forest 500 (2022)
BankTrack is a global network of civil society organisations and individuals tracking the operations of the banking sector and the activities they finance. Banktrack aims to promote fundamental changes in the banking sector so that banks adopt just and sustainable business practices. BankTrack also has profiles on companies, such as this one, which have been the subject of civil society campaigns for damaging the environment or society. Follow the link to see this company's profile.
Source: BankTrack (2018)
One of Indonesia's richest men , Sukanto Tanoto, controls Royal Golden Eagle (RGE), a holding company with activities ranging from paper, palm oil, construction, and energy business sectors.
Source: Wikipedia with links (2020)
|Subsidiaries||Asia Pacific Resources International Holdings Ltd
Paper milling & manufacturing
Indonesia's #2 pulp & paper company, after Asia Pulp & Paper. APRIL's plantations are located on the equator in Sumatra, Indonesia.
Products / BrandsAPRIL
Paper One Printer Paper