Jakarta, 30 May 2018—A new report published today by the Koalisi Anti Mafia Hutan is calling on the Government of Indonesia to take firm actions against global pulp and paper producer Asia Pulp & Paper (APP) after unmasking their corporate links with wood fiber plantation companies (HTI). The report entitled Removing the Corporate Mask reveals an apparent close relationship between the Sinar Mas Group, the parent conglomerate of APP, and 24 declared wood suppliers that APP has called "independent partners". The report also traces out the ownership structure of the forestry business group within the Sinar Mas Group, which extends to a network of companies in numerous offshore jurisdictions.
(EoF News) -- World Wide Fund for Nature (WWF) Indonesia released this week Advisory to Buyers and Investors of Royal Golden Eagle / Asia Pacific Resources International Limited (RGE/APRIL). Herewith the full version of the Advisory:
Several green organizations criticized Asia Pulp & Paper (APP) for lack of progress in some areas which made the company has yet to be on sustainable track, while its Forest Conservation Policy (FCP) is entering the fifth year this week.
Today, WWF-Indonesia together with Auriga, Forest Peoples Programme, Hutan Kita Institute, Jikalahari, KKI Warsi, Rainforest Action Network, Titian, WALHI Riau, WALHI Jambi, Wetlands International, and Woods& Wayside International published Evaluating the Environmental, Social and Corporate Governance Performance of Sinar Mas Group (SMG) and Royal Golden Eagle (RGE) Companies-Criteria and Indicators for Assessing and Verifying Performance.