Pada tahun 2020, Chain Reaction Research menemukan deforestasi di sejumlah area konsesi kelapa sawit di Indonesia, Malaysia, dan Papua Nugini dengan total sekitar 38.000 ha. 22.000 hektar dari total tersebut (58 percent) diakibatkan oleh sepuluh grup perusahaan kelapa sawit di Indonesia, sedangkan sisanya terbagi ke 112 perusahaan lainnya. Total pembukaan hutan tahun 2020 merupakan jumlah …
Chain Reaction Research (CRR) has detected approximately 38,000 hectares (ha) of deforestation on oil palm oil concessions in Indonesia, Malaysia, and Papua New Guinea in 2020. Approximately 22,000 ha (58 percent) can be attributed to just ten palm oil group companies in Indonesia, while the remaining part is distributed between 112 different companies. In 2020, …
A new report by Forest Peoples Programme (FPP) sheds light on the ownership overlap between three Indonesian companies, First Resources, FAP Agri (FAP), and Ciliandry Angky Abadi (CAA). The three companies are all linked to Indonesia’s Fangiono family and have been among the largest deforesters in the last few years. They also supply several buyers …
So far in 2021, there appears to be capital market movement from various players in the “big four” forest-risk commodity sectors. Major Palm Oil Company Moves Forward With IPO On January 4, 2021, PT Fangiono Agro Plantation (FAP Agri) issued the first initial public offering (IPO) of the year on the Indonesian Stock Exchange. The …
China is a key market for palm oil (PO), palm kernel oil (PKO) and derivatives from Indonesia and Malaysia. This paper maps the role of the Chinese market and Chinese actors along the palm oil supply chain, from upstream production to midstream trading to downstream consumption, as well as the position of Chinese financial institutions …
In December 2020, Indonesia’s Minister of Energy and Resources, Arifin Tasrif, announced at a parliamentary hearing that the country’s target for biofuel production would increase in order to curb the country’s current daily consumption of 1 million barrels of gasoline. To meet this target, the minister said an estimated 9 million to 15 million hectares …
In 2017, the Task Force for Climate-Related Financial Disclosure (TCFD) released its recommendations for climate-related disclosures in financial filings. The TCFD has since become the de facto global standard for the financial sector to report on climate change risks. This paper presents a framework for assessing deforestation-related risks in agricultural commodity supply chains that is …
After banning FGV’s palm oil products from entering the United States over alleged forced labor issues, the U.S. Customs and Border Protection (CBP) agency once again issued a Withhold Release Order (WRO) on palm oil produced by a Malaysian company. This time, the subject is the palm oil plantation owner and trader/refiner Sime Darby. The …
A recent article in Mongabay highlighted deforestation by Capitol Group in Indonesia and the lack of transparency and consistency in how companies with No Deforestation, No Peat, No Exploitation (NDPE) policies respond to cases of deforestation in their supply chains. The article also underlines concerns that fast-moving consumer goods (FMCG) companies and their investors face …
A new report by Forest Peoples Programme (FPP) sheds light on the ownership overlap between three Indonesian companies, First Resources, FAP Agri (FAP), and Ciliandry Angky Abadi (CAA). The three companies are all linked to Indonesia’s Fangiono family, have been among the largest deforesters in the last few years, and supply several buyers with NDPE …
