Pulp & paper, food, agri-business & financial services
This Indonesian conglomerate has extensive interests in both the palm oil and pulp and paper sectors. It is Indonesia's largest palm oil producer and the second-largest globally. Controlled by the family of Indonesian tycoon Eka Tjpta Widjaja.
|Sinar Mas Group||IDN||website|
|Sinar Mas Group|
The Forest 500 identifies, ranks, and tracks the governments, companies and financial institutions worldwide that together could virtually eradicate tropical deforestation. Rankings are based on their public policies and commitments and potential impacts on tropical forests in the context of forest risk commodities (palm oil, soy, beef, leather, timber and paper). This company received a score of 37%.
Source: Forest 500 (2019)
A 2008 report on the sustainability claims of Malaysia's palm oil lobby, with a special focus on the state of sarawak.
Source: FOE (2008)
This Greenpeace report reveals how Sinar Mas is engaged in clearing rainforests and destroying peatlands. The group also has significant interests in palm oil and coal mining, amongst other sectors.
Source: Greenpeace (2010)
Criticisms in this Greenpeace report include illegal logging, large-scale deforestation and expansion of palm oil plantations into previously forested areas. [Listed under Information due to age of report]
Source: Greenpeace (2008)
This company appeared ninth on RepRisk's top ten "most environmentally and socially controversial companies of 2010". Companies on the list were severely criticised during 2010 by the world's media, governments and NGOs. Criticisms of Sinar Mas include excessive deforestation to make way for palm oil production in Indonesia, destroying the habitats of endangered orangutans and Sumatran tigers, illegally burning forests, damaging rivers and fish stocks, destroying indigenous ways of life, and creating social conflict through land rights and resources disputes. [Listed under Information due to age of report]
Source: RepRisk (2010)
Follow the link to see Wikipedia's profile on this company
Source: Wikipedia (2020)
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)
|Subsidiaries||Asia Pulp & Paper Company Ltd
- Nippecraft Ltd (64% owned)
Flambo International Ltd
- Golden Agri Resources Ltd (50% owned)