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|
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 31%.
Source: Forest 500 (2022)
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)
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 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)
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)
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)
Follow the link to see Wikipedia's profile on this company
Source: Wikipedia (2020)
|Subsidiaries||Asia Pulp & Paper Company Ltd
- Nippecraft Ltd (64% owned)
Flambo International Ltd
- Golden Agri Resources Ltd (50% owned)