The sustainability policies and recent practices of 10 largest IDX-listed palm oil growers were analyzed and ranked. Together these companies harvest around 10 percent of the world’s oil palm. Climate change, biodiversity loss and human rights abuses were the key elements of screening. The sustainable purchasing policies of main traders/processors have strengthened the sustainability policies and practices of 4 of the 10 largest palm oil growers listed on the Indonesian stock exchange (IDX). Most of the IDX-listed palm oil growers still have poor sustainability standards. The IDX-listed palm oil growing companies PT Tunas Baru Lampung and PT Sawit Sumbermas Sarana are presently clearing forests and/or peatlands. The world’s top food processing companies Nestlé and Unilever are among their customers.
IDX-listed palm oil growers, sustainability scores: