Price Outlook Conference or POC is the largest annual gathering of producers, traders and customers in the vegetable oils sector, specifically palm, globally. After a three-year hiatus thanks to COVID,...
Golden Agri-Resources reaps the benefits of its integrated business model Proposed final dividend of 0.991 Singapore cents per share for a total of 1.791 Singapore cents per share for full...
Golden Agri-Resources Ltd (GAR) resigned from the High Carbon Stock Approach (HCSA) membership on 30 December 2022. Despite the resignation, GAR will continue to abide by the latest HCSA Toolkit...
Commercial edible oils, bakery & specialty fats Golden Agri-Resources’ (GAR’s) comprehensive range of high-quality, versatile edible oils, bakery products, and specialty fats cater to the diverse needs of the food...
Sustainable food production, including palm oil, has become a priority in Indonesia and other countries. This comes at the same time as the world aims to keep global temperature rise...
We recently concluded our exciting month-long 2022 Photography Challenge in October. This annual engagement encourages our employees to take photographs as part of a competition and share them with us....
Together with GAR colleagues at COP27 in Sharm El Sheikh, Egypt As a first-time attendee of the Climate COP, I’m still reflecting on the cacophony of COP27. The sheer...
EBITDA1 for year-to-date September 2022 reached over US$1.3 billion, whilst net profit more than doubled to US$675 million Splendid performance across upstream and downstream business segments FINANCIAL HIGHLIGHTS Singapore, 14...
08 November 2022 Sinarmas Cepsa Pte Ltd (SCPL) and its parent companies, the chemicals business of CEPSA and agribusiness Golden Agri-Resources (GAR), today signed a Memorandum of Understanding to expand...
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The roadmap focuses on reducing emissions from land use change in the palm oil, soy and cattle sectors, while protecting global food systems and producer livelihoods. It is the next...
Jakarta, November 1, 2022 – Golden Agri-Resources (GAR) works with TaniFoundation, a non-profit organization dedicated to farmer empowerment, to improve agricultural literacy among 80 built horticultural farmer groups all over...
Sustainable food production is a critical driver in the transition towards a healthier future for the people and the planet. In the food sector, where climate change is a material...
Pontianak, October 25, 2022 — Golden Agri-Resources (GAR) and Tanjungpura University signed a biodiversity research collaboration agreement in the company’s conservation area in Kapuas Hulu Regency, West Kalimantan Province. Monitoring...
Golden Agri-Resources (GAR) is collaborating with MARS and Fuji Oil to roll out the Sawit Terampil programme, an upskilling programme for more than 4,000 independent smallholders from the Leuser Ecosystem...
A sustainable supply chain is an outcome of a collaborative effort that ensures all actors play their part along the value chain. As a responsible producer, GAR invests in building...
Wednesday, October 5, 2022 – Sinar Mas Agribusiness and Food created the GeoSMART Fire-Hotspot Monitoring Site (GSF) digital application as an early detection method for forest and land fires. Potential...
Believe it or not, we are all loyal consumers of palm oil. From toothpaste, soap, detergent, lipstick, shampoo, chocolates, bread, and ice cream to biofuel, palm oil is in all...
Riau, 31 August 2022 – Sinar Mas Agribusiness and Food launched the second and third volume of its children’s storybook – Rumbun and Jungle Friends – in Siak (Riau province)...
Singapore, 31 August 2022– Golden Agri-Resources (GAR) has won the 2022 Singapore Environmental Achievement Awards (SEAA) – Regional Award (Merit). This is the second time that GAR has received an...
Top five commonly overlooked facts about sustainably-produced palm There are quite a few celebrities who have created food brands that support sustainability. According to Forbes, sustainably-produced snacking options are an...
Singapore, 18 August 2022 – Golden-Agri Resources (GAR), one of the world’s largest seed-to-shelf agribusiness, was honoured with a Bronze Stevie® Award in the Creative Department of the Year category...
EBITDA1 for the first half of 2022 grew to US$807 million, whilst net profit more than doubled to US$390 million Well sustained margins achieved across upstream and downstream business segments...
GAR’s long-term fire prevention community programme bears fruit in Kalimantan In Indonesia, forest and peat fires are a persistent issue and are common during the dry season that typically runs...
Golden Agri-Resources’ (GAR) latest Sustainability Report shows the company continuing to strengthen its efforts in responsible production. Chairman and CEO Franky O. Widjaja said, “As we continued to work on...
West Kalimantan, 24 June 2022 – Golden Agri-Resources (GAR) is launching a WASH (Water, Sanitation, Hygiene) project in West Kalimantan to address the urgent lack of good sanitation in the area....
Earlier this morning, a report from the Gecko Project on Indonesian plasma fulfilment was released. Based on GAR previous letter on 30 March 2022 – titled: GAR Advisory ahead of...
EBITDA in the first quarter of 2022 increased by 61 percent year-on-year to US$372 million, while net profit was excellent at US$188 million Continued strength in CPO market prices more...
Golden-Agri Maritime becomes the 32nd Signatory to the global framework for aligning chartering activities with responsible environmental behavior Singapore, 11 May 2022 – Specialising in palm oil shipping, Golden-Agri Maritime...
Image Source: The Grocer Over the years, palm oil has been regarded as a controversial ingredient, and its advantages have mainly remained unrecognised. But the recent reversal of Iceland Foods’...
Meet Eva Dyana Ramli. A General Manager in Sales for the Margarine & Shortening category in Indonesia. Of her two-decade long career in Sales, Eva has spent almost nine years...
We would like to advise our key stakeholders that an investigative journalism initiative, the Gecko Project, will publish an article about GAR and our plasma implementation efforts. GAR has been...
Look around in the supermarket, and you will find many food products in some type of packaging or container made from plastic, paper, rubber or metal. Although this packaging may...
Second half EBITDA continued its strong growth, resulting in record full year EBITDA of US$1.21 billion Excellent performance primarily supported by continued high CPO market prices and increased downstream business...
What comes to your mind when you think of the Winter Olympics? Definitely, snow. And lots of it. But this year, as China geared up to host this coveted event,...
Picture this. You are walking down the cooking oil section in the supermarket and wondering which oil would best serve your family’s nutritional needs—from sunflower, canola, groundnut to palm oil,...
The past two years have been a challenging time for businesses due to the COVID-19 pandemic. While the COVID-19 pandemic is not yet ended, with a vaccine and booster insight,...
The outbreak of the COVID-19 pandemic has spurred many individuals to rethink their lifestyle habits, placing more emphasis on their health. A huge number of individuals have switched to healthier...
Singapore, 16 December 2021 – Global palm oil company Golden Agri-Resources (GAR) has won in two categories in the Sustainable Business Awards (SBA) 2021, namely Supply Chain Management and Business...
Achieving 95% traceability to the plantation key to Golden Agri-Resources’ efforts to support a sustainable palm oil industry Singapore, 15 December 2021 – After four (4) years of investment, and...
Gender equality in agriculture has been a trending topic in recent years. As an industry leader in the responsible production of palm oil, Golden Agri-Resources (GAR) wants to be a...
Palm oil is an ingredient you would not commonly associate with trending do-it-yourself (DIY) cultures such as #cottagecore and #5minutecrafts. However, when I started my career at GAR in 2019,...
EBITDA for the first nine months of 2021 reached a record of US$828 million, a substantial increase of 164 percent Results were supported by continued high CPO market prices and...
Singapore, 11 November 2021 – Golden Agri-Resources (GAR), one of the world’s leading integrated palm-based agribusinesses, has appointed Anita Neville to join its executive leadership team in the new role...
PT Primatama Kreasimas regrets that the incident between the security officers and certain members of the Suku Anak Dalam (SAD) people could not be resolved amicably, which resulted in serious...
We are living in an unprecedented time in history. As Golden Agri-Resources (GAR) turns 25, everyone around the world is still grappling with the ongoing global pandemic and it continues...
16 September 2021 In the article published by Bloomberg regarding its own ESG ratings of Golden Agri-Resources (GAR), the authors claim that Bloomberg’s high ESG ratings protects bad actors. GAR...
Palm oil is found in many products, from cookies and bread to lipsticks and soaps. The presence of this controversial product in many everyday products is believed to negatively affect...
Biofuel, also referred to as biomass, is energy converted from organic matter from plants or animals. The two most commonly used types of biofuel are ethanol and biodiesel. Ethanol is...
Orangutans are extraordinary and endangered. Golden Agri-Resources (GAR) works on orangutan conservation with our long-term partner Orangutan Foundation International (OFI). Over the last decade, we have supported the rehabilitation and...
Net profit for the first half 2021 increased to US$153 million whilst EBITDA1 more than doubled to US$523 million First half 2021 palm product output recovered strongly by 31 percent...
GoNutri’s rebranding marks a new chapter in GAR’s animal feed business in Spain as it seeks to deliver value directly to farmers and producers, helping them improve yields and health...
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It’s that time of the year again when I heave a sigh of relief as the Sustainability Report (SR) is put to bed and published. Normally, the SR contains a...
June 30 2021 Golden Agri-Resources’ (GAR) latest Sustainability Report entitled Working as One: Driven by the Power to Persevere highlights GAR’s determination to continue implementing responsible practices as outlined in...
Did you know that in palm oil processing, transportation is one of the most important aspects to manage? Delays in the admission of FFBs to a palm oil mill will...
EBITDA1 for the first three months more than doubled year-on-year to US$232 million, as CPO market prices continued to rise First quarter 2021 palm product output improved significantly by 32...
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Golden Agri-Resources (GAR) has been at the forefront of Indonesia’s Smallholders Replanting Programme (PSR), which replaces old, unproductive oil palm trees with new ones. Sounds straightforward? Well, not quite. The...
Singapore, 16 April 2021 – Golden Agri-Resources (GAR) has launched a website with a modern and dynamic look at www.goldenagri.com.sg. This update aims at helping users find information through easy-to-use...
Golden Agri-Resources (GAR) is at the forefront of Indonesia’s nationwide initiative to replant ageing oil palm trees. But, implementing the Smallholders Replanting Programme is so much more than just providing...
GAR adopts a robust investor relations policy to promote regular, effective and fair communication with shareholders. Building A Resilient Business Innovation and Sustainability. Download our Investor presentation document here or...
Annual Report 2021 Leading change, emerging stronger A leading global palm-based agribusiness, Golden Agri-Resources (GAR) is driven by visionary leadership focusing on innovation, collaboration, learning, and performance. We seek ground-breaking...
Quarterly reports 202320222021202020192018201720162015201420132012201120102009200820072006 Title View Download Full Year 2022 Financial Statement and Dividend Announcement Performance Update – Third Quarter 2022 Half Year 2022 Financial Statement and Dividend Announcement Performance Update...
Jakarta, 17 March 2021 – The global COVID-19 pandemic has led to an increase in consumer concerns about food safety and nutrition. Golden Agri-Resources (GAR), one of the world’s largest...
Robiduan Damanik or Pak Robi, is a Mill Manager at the Kasuari Mill owned by Sinar Mas Agribusiness and Food in Papua. He has been at Kasuari for more than...
Four years ago, we featured several of GAR’s employees in our Extraordinary Everyday campaign, aimed at showcasing the people behind responsible palm oil production. Among these people were four women...
Second half EBITDA reached US$480 million, an increase of 154% from the previous semester, resulting in full year EBITDA of US$669 million. Better performance contributed by CPO price appreciation and...
GAR acknowledges the recent High Carbon Stock Approach (HCSA) decision on a complaint for HCS clearance and infringement of HCSA social requirements by Golden Veroleum Liberia (GVL), which GAR is...
There are so many ways to express love for those we care about. There are five love languages that humans commonly practice: words of affirmation, quality time, gifts, acts of...
Golden Agri-Resources (GAR) has retained its position as a constituent of the FTSE4Good Index for the third consecutive year. GAR’s ESG rating is 3.3 out of 5. The FTSE4Good Index...
Products & Service FAQ What are vegetable oils? Vegetable oils are oils derived from plant sources. Examples are palm oil, corn oil, soybean oil, cottonseed oil, coconut oil and palm...
INDONESIA, 7 January 2021 – COVID-19’s impact continues to be felt, especially among vulnerable parts of in rural Indonesia where food security and income generation have been put at risk...
Golden Agri-Resources (GAR), one of the world’s leading integrated palm-based agribusinesses, announced a new executive leadership team, with Tony Kettinger’s appointment as Chief Operating Officer. Mr Kettinger joins GAR from...
Shareholder meetings 29 April 2022 | Annual Meeting Resolutions: Adoption of Audited Financial Statements for the year ended 31 December 2021 together with the Directors’ and Auditors’ Reports thereon Declaration...
Send us a message Please complete this form to contact our specialist teams. Name Topics Business/Sales Enquiry – AsiaBusiness/Sales Enquiry – EuropeBusiness/Sales Enquiry – IberiaBusiness/Sales Enquiry – OleochemicalsBusiness/Sales Enquiry –...
Discover your passion Interested in Agronomy? Trading? Product design? Biotechnology? We’ve got you covered. As one of the world’s leading seed-to-shelf agribusinesses, our internships will give you great insight into...
Pursue your passions We believe education is essential to drive social transformation and deliver a sustainable future. Education can lift families out of poverty and uplift entire communities. We’ve certainly...
Join us in our mission to feed and fuel the world, sustainably From overseeing our approximately 500,000 hectares of sustainably managed plantations, to innovating in our three state-of-the-art R&D institutions,...
Make a difference The global population is growing rapidly. That population is going to demand more food, more fuel, more resources; and it needs them to be produced in a...
Frequently Asked Questions Interested in being our supplier but need more information? Explore the FAQs below. For all suppliers How can I become a supplier for GAR/Sinar Mas Agribusiness and...
Helping suppliers achieve more, sustainably Golden Agri-Resources (GAR) sources crude palm oil and palm kernel oil for our downstream operations from our own mills as well as over 400 third-party...
Become our supplier Golden Agri-Resources (GAR) procures a wide a range of goods and services from suppliers. All suppliers, their employees and subcontractors must follow the Supplier Code of Conduct and...
A responsible, transparent supply chain As an integrated seed-to-shelf agribusiness, Golden Agri-Resources (GAR) works with thousands of suppliers who provide us with different services. These range from supplying us fresh...
SGX filings 20232022202120202019201820172016201520142013201220112010200920082007 Date Title View Download 14 Mar 2023 Cessation as Substantial Shareholder 28 Feb 2023 Announcement Pursuant to Rule 706A of the SGX Listing Manual 28 Feb 2023...
Dividend policy The Company’s dividend policy is to distribute up to 30 percent of its underlying profit. Underlying profit is described as net profit attributable to owners of the Company,...
Ownership structure Golden Agri-Resources (GAR) operates under an independent shareholding structure. The Widjaja Family Master Trust(2) holds just over 50 percent of shares through Flambo International Ltd and the remaining...
Company profile Listed on the Singapore Stock Exchange since 1999, Golden Agri-Resources (GAR) is a leading seed-to-shelf agribusiness, producing an extensive portfolio of palm-based products with efficient end-to-end supply chain,...
Meet our experts Meet our experts Experience and expertise inform every step of our business, from seed-to-shelf. Hear from our technical experts and leaders in the fields of agronomy, sustainability,...
Reports and publications Browse Golden Agri-Resources’ (GAR’s) library of publications, from in-depth reports to at-a-glance infographics covering our business and products, the palm oil industry, sustainability and conservation, as well as...
Gallery Browse Golden Agri-Resources’ (GAR’s) library of images, all available to download for editorial purposes. Any GAR multimedia content that is used, reproduced, and or electronically modified, whether in hardcopy...
Hear from our people, discover their stories, and delve deeper into the palm oil industry. Learn about Golden Agri-Resources’ (GAR’s) products and innovations, our sustainability efforts, and community engagement programmes.
Press releases & latest news Read the latest press releases from Golden Agri-Resources (GAR). 20232022202120202019201820172016201520142013201220112010200920082007
Championing healthier global diets Consumers are becoming increasingly health-conscious. In recent years there have been worldwide calls for humanity to adopt more plant-based diets, which in most cases, is better...
From our plantations to the world Golden Agri-Resources’ (GAR’s) integrated shipping and logistics capabilities enables us to ship our products world-wide. We ship about 4.5million metric tonnes of cargo to...
Sugar storage and distribution Golden Agri-Resources (GAR) trades, stores and delivers white sugar to customers worldwide. With our expertise in trade and operations, coupled with an efficient supply chain model,...
Sowing the seeds of a sustainable future The quality of the seeds is the most critical factor in maximising palm oil yields. Oil palms with high yield are not only...
Powering a sustainable future Golden Agri-Resources (GAR) produces biofuel from responsibly sourced crude palm oil (CPO). We operate two biofuel plants – one near Jakarta and another in South Kalimantan...
Palm-derived oleochemicals, a sustainable and versatile alternative Oleochemical products are derived from naturally occurring fats and oils from vegetable and animal sources. Oleochemicals are present in hundreds of daily household...
Commercial edible oils, bakery & specialty fats Golden Agri-Resources’ (GAR’s) comprehensive range of high-quality, versatile edible oils, bakery products, and specialty fats cater to the diverse needs of the food...
Our products in Indonesia In Indonesia, our range of margarines, shortening, sauces, and beverages are staples in homes and the top choice in food services industries. We produce trans-fat free...
Our products in India Through our subsidiary, GEF Limited, we sell our packaged edible oils under the ‘Freedom’ and ‘First Klass’ brands. GEF Limited sells its products to household consumers,...
Our products in China In China, our snack and instant noodle brands are household names synonymous with convenience and taste. Embracing the growing wellness movement, GAR has launched nutrition-focused product...
Trusted for generations, enjoyed by millions Golden Agri-Resources (GAR) owns more than 30 leading consumer brands. Our branded products include household names such as Hua Feng instant noodles in China,...
Feeding the world. Fuelling the future. Sustainably. Golden Agri-Resources (GAR) is a global leader in the production, processing, packaging, and merchandising of palm and other vegetable oil products including oleochemicals,...
Sustainability Report 2021 Our Sustainability Reports are developed in line with international best practice. We report based on Global Reporting Initiative (GRI) Standards Reporting Guidelines (Core Option). Our GRI index can be...
ISPO certification The Indonesian Sustainable Palm Oil (ISPO) Scheme adopted by Indonesia’s Ministry of Agriculture aims to improve the competitiveness of the Indonesian palm oil on the global market, as...
ISCC certification The International Sustainability and Carbon Certification (ISCC) aims to establish an internationally oriented, practical and transparent system for the certification of biomass and bioenergy. ISCC is oriented towards...
RSPO certification The Roundtable on Sustainable Palm Oil’s (RSPO) objective is to promote the growth and use of sustainable oil palm products through credible global standards and multistakeholder governance. Our...
At the forefront of industry best practices Industry certification is part of Golden Agri-Resources’ (GAR’s) ongoing commitment to responsible palm oil production. We work closely with nationally and internationally recognised...
Reducing our operational footprint Sustainably produced palm oil requires ambitious commitments on many fronts. In addition to our conservation efforts, Golden-Agri Resources (GAR) is also committed to reducing the environmental...
Grievance reports We investigate grievances raised and conduct site visits as part of GAR’s commitment to ensuring responsible practices throughout our supply chain. These visits serve to assess and verify...
Handling grievances GAR values the input of all stakeholders in helping achieve the aims of our sustainability policies. We operate a transparent and accountable system where stakeholders can inform us...
Engagement, assessment, and training Our supplier assessments give us baseline information on suppliers’ compliance with our sustainability commitments. They are a vital part of GAR’s supply chain transformation efforts. Supplier...
After the black swan event aka the global pandemic of 2020, most of us are looking forward to saying an emphatic goodbye to one of the most tumultuous years in...
Golden Agri-Resources (GAR) has again been ranked as an Achiever in Global Child Forum’s latest Corporate Sector and Children’s Rights Benchmark study of 250 of the largest companies in Southeast...
Supply chain transparency Below is a map of our downstream facilities (refineries, kernel crushing plants, bulking stations) and GAR-owned mills in Indonesia. Click on the locations to learn more about...
The need for transformation in the palm supply chain The palm supply chain is complex, ranging from large scale producers like ourselves to family farms and independent mills. Across the...
Dedy working at the plantation. Sinar Mas Agribusiness and Food has been running scholarship programmes to help Indonesians go further in life and eventually be able to fulfil their dreams....
Sustainability starts at the source Golden Agri-Resources (GAR) recognises we must source our raw materials (both palm and non-palm) from responsible suppliers who follow the same high standards of production...
Championing human and labour rights Being an industry leader in responsible operations means being a responsible employer. Golden Agri-Resources (GAR) created jobs for over 170,000 people in Indonesia including providing...
Partnership – cornerstone to achieving goals When palm oil is responsibly farmed, it is an effective way to create jobs and alleviate poverty, and provides opportunities for communities to secure...
Empowering communities The global COVID-19 pandemic has shown that it is critical to ensure farming communities, who form the basis of food supply chains and global food security, are taken...
Fighting climate change Climate change may be the biggest challenge of our times. Fighting climate change requires urgent and decisive action. Golden Agri-Resources (GAR) is committed to reducing the Greenhouse...
Why we care about peat rehabilitation Peatlands are a type of wetland, formed through the accumulation of partially decayed vegetation or organic matter in waterlogged conditions. Peatlands are important because they...
Fire and haze management Forest fires and the resulting haze are a perennial concern and have a direct impact on many of our employees and the communities living in and around...
Protecting and promoting biodiversity Indonesia, where we mostly operate, has some of the richest biodiversity on Earth. Indonesia’s tropical forests are home to thousands of species of plants, mammals and birds...
Forest conservation Tropical forests, like those in Indonesia, are some of the most biodiverse areas on Earth. These forests are not only vital to the species (large and small) housed within, but also...
Our Leadership Get to know the leaders behind our business Get to know the leaders behind our business. Executive ManagementBoard of Directors Franky Oesman Widjaja Chairman and Chief Executive Officer...
Upholding the highest standards of governance Golden Agri-Resources Ltd (the “Company” or “GAR” and together with its subsidiaries the “Group”) is committed to observing high standards of corporate governance, to promote...
2020 is undoubtedly going to be remembered as the year that we can’t get over fast enough. Everyone everywhere has been affected by the events of this year. Clearly, some...
What we do Golden Agri-Resources (GAR) is a leading palm-based seed-to-shelf agribusiness with a commitment to responsible palm oil production. In Indonesia, GAR’s primary activities include cultivating oil palms, extracting crude...
Who we are Golden Agri-Resources (GAR) is one of the world’s largest seed-to-shelf agribusinesses. We grow oil palms with farmers and produce food and fuel for today and for the future...
Recent graduate Waluyo was a recipient of the SMART Planters scholarship programme back in 2016. Originally from Cilacap, Waluyo developed his knowledge at the INSTIPER campus in Yogyakarta, majoring in...
What comes to mind when you think about working in a palm oil company? For many, the image might be plantations, trees and rural areas. Well, I work in a...
I work as a social media specialist at Golden Agri-Resources (GAR), and it has been just under a year since I stepped into the fascinating world of palm oil. On...
Allegations of sexual harassment and assault in parts of the palm oil industry, as reported by AP, are deeply concerning, according to Golden Agri-Resources (GAR). GAR employs more than 30,000...
Replanting ageing oil palm trees is a priority in Indonesia. Old trees become less productive, and to maintain or even increase yields to meet the demand for palm oil without...
Global hunger is on the rise, and the COVID-19 pandemic is making things worse. In the midst of this rise in malnutrition, the UN World Food Programme (WFP), which provides...
Golden Agri-Resources (GAR) regrets that Greenpeace’s latest report focuses narrowly and solely on the number of fire incidents in Indonesia, and once again neglects real issues, challenges and complexities surrounding...
The COVID-19 global crisis is forcing us to slow down and reflect on the things we took for granted. Many of us are rekindling our appreciation of something so basic...
The world population is expected to hit 9.8 billion by 2050. That’s a 25 percent increase from the current 7.8 billion in 2020. The average global oil consumption per capita...
6 October 2020, Sao Paolo, Brazil: Golden Agri-Resources (GAR), one of the leading integrated palm oil producers in the world, is enhancing its sugar trading business by incorporating a fully...
Margarine and butter – you often use them interchangeably; for spreading on toast, pan-frying eggs, cooking pancakes, baking etc. But do you actually know the difference between the two? If...
I love visiting the supermarket. What many people view as a weekly chore to stock up on groceries is something I look forward to. Be it to check out new...
It has been four or five months – I have lost count – since the global pandemic hit us in Indonesia. While businesses are slowly recovering, most schools remain closed. ...
Picture this: it is a typical morning. You wake up and follow your standard routine of booting up your computer for work. While waiting, you prepare a simple breakfast –...
Golden Agri-Resources (GAR) is committed to ensure sustainable practices in all of its operations and supply chain. A recent report from RAN alleges that one of our indirect suppliers does...
Gradual improvement in the second quarter 2020 with the easing of lockdown measures in consuming countries First half 2020 EBITDA saw only a slight decline to US$189 million as upstream...
People in masks, half-filled offices, and plenty of takeout. This is what normal looks like now, eight months into a year COVID-19 has taken over. This pandemic is no longer...
Every first seven months of the year, I live and breathe sustainability reports. Financial regulators in Singapore and Indonesia set strict deadlines for our Annual and Sustainability Reports. And the...
Peatlands are a unique ecosystem formed through the accumulation of partially decayed vegetation or organic matter in waterlogged and acidic conditions over thousands of years. They store tremendous amounts of...
Golden Agri-Resources’ (GAR) latest Sustainability Report entitled “Staying the Course” details GAR’s commitment to continued implementation of the GAR Social and Environmental Policy (GSEP). Published amidst the COVID-19 pandemic, the...
Our supplier engagement team often conducts SMART SPOT (Sustainability Palm Oil Training) on topics like traceability and forest conservation. However, with COVID-19 having such a significant impact on the palm...
We are now months into this global pandemic known as COVID-19. By now most people would know plenty about it, but this was not the case earlier this year when...
COVID-19 brings so many changes in our personal and professional life. Recently, I had a chat with Wahyu Wijayanti, a soft spoken lady who is funny, motherly and also has...
The agriculture industry is quite a conservative one – some might call it old fashioned. With the onset of COVID-19, many of our employees have had to adapt to radical...
The agriculture industry is quite a conservative one – some might call it old fashioned. With the onset of COVID-19, many of our employees have had to adapt to radical...
Plantation and palm oil mills segment mitigates softer downstream performance in first quarter 2020 that was affected by supply chain disruption With its strong vertically integrated business model, GAR is...
SURABAYA, 11 May 2020 PT SMART Tbk has coordinated with Rungkut COVID-19 Task Force in Surabaya, to ensure the health and safety of all employees and the community surrounding the...
Like many others, I have been working from home since the start of Singapore’s circuit breaker. As an HR practitioner, I started looking at ways to help fellow colleagues stay...
At the onset of the COVID-19 pandemic, crowds, long queues and empty shelves in supermarkets highlight natural anxieties about the availability of food in urban communities. Such anxieties are understandable...
View Download View Download View Download View Download View Download View Download View Download Download all backgrounds here. Change your Zoom background on the desktop app In the Zoom app,...
Volunteers are ironing materials to make cloth masks. The COVID-19 pandemic affecting millions globally is a virus that attacks the human respiratory system and has claimed tens of thousands of...
Jakarta, 27 April 2020 – Stuck at home due to the Covid-19 restrictions? While we stay home to keep ourselves, our loved ones and our fellow citizens safe, we are...
I was reading a message from a friend who is a teacher. One of her students said to her, “Madam, it’s weird to think that what is happening today will...
Summary of COVID-19 measures in GAR’s Indonesian operations Last updated 22 April 2020 As COVID-19 has progressed globally so GAR and its subsidiaries have responded. The policies and measures briefly...
In tropical villages, wastewater is typically released untreated into the environment. The result is a health tragedy. Worldwide, about 2,000 children die every day as a result, 370 in Indonesia...
On March 13th 2020, GAR was alerted to a new complaint filed by the Forest People’s Programme (FPP) with the RSPO via a journalist with the Wall Street Journal. See...
The World Health Organisation (WHO) reminds us that good personal hygiene is critical to keep the COVID-19 outbreak at bay. It urges the public to regularly and thoroughly clean one’s...
In Indonesia, a country home to dense rainforests and extensive biodiversity, agribusinesses often receive criticism for deforestation, habitat destruction, and monoculture. GAR has been addressing these key issues for many...
Golden Agri-Resources (GAR) is preparing to refute allegations in a new complaint to the RSPO filed by the UK NGO, Forest People’s Programme (FPP). GAR was notified of the content...
The last few weeks have been trying for many of us given the COVID-19 outbreak. With the escalation of the situation globally, businesses and governments are encouraging social distancing and...
Ever wondered how orangutans are returned to the wild? Rehabilitating and returning any wild animal back to its natural habitat is a complicated and complex process. Animals that have been...
Equality. The world over, and throughout history, people have fought for it. From the suffragette movement starting in the late 19th century to the civil rights movement of the mid-20th...
Full year EBITDA grew by 22 percent to US$697 million while Underlying Profit achieved at US$272 million Increased contribution from downstream business to EBITDA resulted in stronger yearon- year results...
In South East Asia, 65.8 million people don’t have food security, and 25.8 percent of children under five years are being stunted because of malnutrition and widening income inequalities. These...
Golden Agri-Resources (GAR) is implementing Business Continuity Plans (BCP) at its operations in light of the continuing spread of COVID-19. Our priority is to ensure the safety and wellbeing of...
Rainforest Action Network (RAN) mentions Golden Agri-Resources (GAR) in one of its case studies in the report. However, the cases it refers to are not new and GAR has previously...
When massive forest fires swept Indonesia in 2015, I remember being assigned to a forest fire prevention programme. My main job was to design and run a campaign in communities...
Understanding our suppliers is a vital starting point in getting them to adopt better, more sustainable practices in their own businesses. An effective way to learn about them is through...
Ketapang, 1 February 2020 – Golden Agri-Resources launched a children’s book titled Rumbun and Jungle Friends to help teachers educate elementary school students on the importance of preventing forest and...
We may already be one month into 2020, but come end January across the world, over a billion Chinese will be celebrating the Lunar New Year – the Year of...
When the clock strikes twelve on 31 December this year, it will not only signify a new year, but a new decade. With extreme weather occurrences on the rise and...
Looking back at 2019, what do you see? I see a year of progress. Will we hit 100 percent deforestation free supply chain targets in palm oil? No. Have we...
Embargoed until October 31 at 9:00PM EDT (Jakarta: November 1 at 8:00AM) World’s largest palm oil producers and buyers, including Bunge, Cargill, Golden Agri-Resources (GAR), Mondelēz International, Musim Mas, Nestlé,...
Sinar Mas Agribusiness and Food has been working with humanitarian aid organisation Tzu Chi in Indonesia for over two decades, to care for and help those in need. To increase...
As a responsible producer, GAR wants to ensure that forests and neighbouring villages are well taken care of wherever we operate. This can be tricky sometimes when the villages rely...
GAR’s latest supplier support programme, Ksatria Sawit, pairs our supplier mills with agtech company Koltiva, to help us achieve 100 percent Traceability To Plantation (TTP) by 2020. The programme aims...
Golden Agri-Resources (GAR) may be widely known for its agribusiness, particularly in palm oil in Indonesia, but our company also has a diverse business portfolio in China. Having visited plantations...
What started as a four-month internship for experience grew into a deeply engaging year-long affair into palm oil, when I decided to extend my internship with Sinar Mas Agribusiness and...
Reports of lumps of palm oil, often called ‘bergs’, washing up on beaches have been in the news. Why do they happen and what causes them? We speak with Bjorn...
Have you ever looked forward to leading your own team when joining a company, only to be relegated to training and coursework? To be dismissed as a junior manager-in-training by...
We live in a digital era – where computers and gadgets are a big part of our daily lives. Children are exposed to technology from a young age, and that...
Golden Agri-Resources (GAR) believes Greenpeace’s latest press statement, released on 11 June 2019 entitled “50 million hectares destroyed as companies disregard zero deforestation pledge”, fails to give an accurate picture...
Having been exposed to the palm oil industry for nearly half a year during this internship, I have witnessed both sides of the debate on palm oil, and one of...
“I hope you can be an assistant in the plantation, I’m praying for you to be an assistant, my son.” Bambang was born in Rantauprapat on 11 July, 1988, and...
The palm oil industry is changing. Extraordinary Everyday tells the stories of the people behind responsible palm oil production. The third video of the series is about our teacher, Siti...
Dr. Edgar Turner, curator of insects at the University of Cambridge’s Museum of Zoology, talks about Sinar Mas Agribusiness and Food’s partnership with them on BEFTA – Biodiversity and Ecosystem...
The palm oil industry is changing. Extraordinary Everyday tells the stories of the people behind responsible palm oil production. The second video of the series is about our food technologist,...
The palm oil industry is changing. Extraordinary Everyday tells the stories of the people behind responsible palm oil production. “The Journey”, the first in the series, introduces farmer, Yatimin, and...
Do you know cooking oil & margarine made with palm oil is healthier & tastier? Hear from celebrity chef, Nina Bertha, about why she uses our brands such as Filma...
Biogas is a renewable energy that is produced from the breakdown of organic waste, and is a great way to ensure zero waste in palm oil production. GAR operates biogas...
The human cost was equally high as the fires and haze disrupted daily lives, prevented children from going to school, and worsened respiratory and other ailments. We are focused on...
In the palm oil industry, one of the most important things producers look for in oil palm trees is yield. Trees with high yield are not only good for business,...
We are one of the largest palm oil plantation companies in the world. Our plantations are located in Indonesia and we manage more than 500, 000 hectares of palm oil...
Biogas is a renewable energy that is produced from the breakdown of organic waste, and is a great way to ensure zero waste in palm oil production. GAR operates biogas...
Biodiesel is a renewable fuel, typically produced from animal fat or vegetable oil in the form of fatty acid methyl ester (FAME), and has long been touted as an eventual...
16 March 2019 – PT Binasawit Abadipratama acknowledges the findings of the Jakarta Corruption Court in the matter of three executives of PT BAP accused of bribery of government officials....
16 March 2019 – Golden Agri-Resources acknowledges the findings of the Jakarta Corruption Court in the matter of three executives of PT Binasawit Abadipratama accused of bribery of government officials...
Reading my morning news headlines the other day, my attention was caught by a story about the global insect population collapse. It seems that we are seeing unprecedented rates of...
Growing up in a city like Singapore and having no exposure to the agricultural industry previously, I had never imagined the growing of oil palm trees and the harvesting of...
In a bid to increase domestic palm oil consumption, the Indonesian government’s usage of biodiesel entered the B20 phase in September 2018. What is B20? B20 refers to a fuel...
The splendour of West Kalimantan’s blue sky that day amazed Anita Dradjat. Along with other Tzu Chi Foundation volunteers from Sinar Mas Agribusiness and Food, she tenderly extended her helping...
In addition to accomplishing our mission of revealing how the palm oil industry has improved many people’s lives, my own experience of putting together our Extraordinary Everyday campaign was revealing...
The East Kutai Regency in East Kalimantan is home to Kutai National Park, a natural orangutan habitat with a well maintained population of this endangered species. The Regency is also...
I am what you would expect from a university student who chose to dedicate her tertiary education to geography. I marvel at the beauty of the environment we live in...
Oil palm plants are so productive, every part of it can be used such that nothing is wasted. Even the by-products of palm oil production and processing can be turned...
After reflecting on our 2018 achievements, GAR looks forward to continuing our sustainability implementation efforts in the new year. What does 2019 hold in store for the palm oil industry?...
This article was originally published on medium.com on 19 December 2018. We often hear references to the environmental importance of peatland to Indonesia’s rainforest, particularly when discussing the topic of palm oil....
Each year has its ups and downs, and for many, those new year resolutions made in January seem far away now that we’re in December. As we prepare for 2019...
Golden Agri-Resources (GAR) customer Neste, a Finnish energy company, invited GAR to share our experience on the topic of ‘Women at work and Gender Diversity’ during a workshop for their...
Halting deforestation, more inclusivity for smallholders, and clearer governance on human rights – these are what RSPO aims to achieve with the new Principles and Criteria 2018 (P&C 2018) certification...
Being socially responsible is an important aspect of our work, and through our long-standing partnership with the Tzu Chi Foundation Indonesia, our employees engage in various types of community work....
This article was originally published on medium.com on 13 November 2018. In recent years, Indonesia has been making gradual progress in improving the accessibility of education to young children in Indonesia. According...
As the industrial sector that contributes most significantly to Indonesia’s economy, the palm oil industry must be able to carry out its operations incorporating environmental sustainability. Zero waste management, is...
28 October 2018 – Following the formal announcement by KPK (Indonesian Corruption Eradication Commission) on 27 October 2018, regarding the investigation into DPRD Kalteng (Central Kalimantan House of Representatives) on...
27 October 2018 The announcement by the Indonesian corruption eradication commission, known as KPK, that senior executives of subsidiaries connected to Golden Agri-Resources (GAR) are suspects in the KPK’s investigation...
Against the background of issues surrounding decent work conditions in the palm oil sector, Sinar Mas Agribusiness and Food and the International Labour Organisation (ILO) have been collaborating to improve...
We recently sat with Dr. Paul Wassell, Head of Research and Development at Golden Agri-Resources (GAR), to discuss the questions many people have on palm oil and its benefits to...
This article was originally published on medium.com on 8 October 2018. In a recent interview, Oil World Executive Director Thomas Mielke called for major palm oil producers to work together and send...
Since 2016, Sinar Mas Agribusiness and Food along with Sinar Mas Forestry (SMF) have been working closely with Canada-based MacDonald & Detweiler Associates (MDA) in monitoring deforestation through a Forest...
A recent study on the disclosure of anti-corruption practices (business integrity) has found Golden Agri-Resources (GAR) to be in the top 10 companies in ASEAN reporting on business integrity. This...
10 October 2018 Golden-Agri Resources is aware and deeply regrets the incident involving members of the Orang Rimba people and a security guard of our subsidiary Primatama Kreasimas (PKM), within...
A month into working for Sinar Mas Oleochemical, I was asked to help in organising of one of its biggest milestones – the company’s 25th anniversary celebrations. It was a...
Food security is a pressing global issue, with the Food and Agriculture Organisation reporting that over 815 million people are chronically undernourished. Palm oil, as an SDG commodity, plays a...
When you picture an oil palm plantation, what comes to mind? Rows and rows of leafy oil palm trees? How about the reddish orange palm fruit being harvested for its...
Every year, GAR publishes its Sustainability Report which contains essential information on how the company is doing in fulfilling its commitments on responsible palm oil. This includes tracking our progress...
Human rights in the workforce is one of the issues frequently associated with the oil palm industry. Although the larger industry players have put in place labour policies and ensure...
“NGOs often criticise us but when asked for clarification, often they refuse to give us data. If NGOs were to make the allegations, we hope they can come with the...
Over the years, Sinar Mas Agribusiness and Food has initiated several Corporate Social Responsibility (CSR) activities in Siak region such as: free medical treatment (in cooperation with Tzu Chi Foundation),...
Palm oil is the most abundant natural edible vegetable oil in the world and yet, consumers probably don’t intuitively associate palm oil as being “natural”. In light of an increasingly...
This article was originally published on medium.com on 25 June 2018. When I am asked what is the biggest challenge in implementing sustainable production practice in the palm oil sector...
This post was originally written by Amy Eycott, a Postdoctoral Research Associate in the Insect Ecology Group of University of Cambridge, and published on the website of the BEFTA programme....
This speech was first presented by Franky Widjaja, Chairman and CEO, Golden Agri-Resources, at RBF 2018 in Jakarta, on 27 March 2018 and has been modified slightly to fit the...
Close your eyes and imagine this: it’s a relaxing Sunday morning, and you’re at your breakfast table. You take a sip of your delicious creamy hot chocolate, and then a...
IIMPACT is an NGO with the objective of providing primary education to girls in rural and backward areas, where there are no formal schools nearby. It’s a challenge to get...
PRAYATNA is a School of Excellence in Jharsa Village. The centre provides tuition to school-going children of migrant labourers from nearby villages. The students are from lower kindergarten to Class...
There are no shortcuts when it comes to producing food items for consumption, which is why our cooking oil, margarine, and other palm oil food products are prepared at the...
The world just commemorated a flurry of environmentally themed days – World Wildlife Day, World Water Day, International Day of Forests and most recently, Earth Hour. I’ve always wondered why...
In today’s interconnected world, companies are judged not just on their performance but are expected to bear responsibility for their supply chain. It is not enough for a company to...
GAR Announces 100% Traceability to the Plantation for Owned Mills Golden Agri-Resources (GAR) has finished mapping all its suppliers to its own mills (44), covering more than 600,000 hectares of...
Promoting ethical work conditions in our supply chain is part of Golden Agri-Resources’ (GAR) commitment towards responsible employment. To enhance labour compliance and working conditions, we are collaborating with the...
On 7 December 2017, Sinar Mas Agribusiness and Food held its third annual SMART SEED (Social and Environmental Excellence Development) themed “Ensuring Traceability and Responsible Employment in Palm Oil Industry”,...
18 January 2018 Golden Agri-Resources (GAR) is disappointed at the EU Parliament vote in support of a total ban on palm oil in biofuels by 2021, a move that risks...
“As a leading agribusiness sustainability is ultimately at the heart of our business. It’s not a choice, it is a business imperative. To be able to continue to grow oil...
Six months after joining Sinar Mas Agribusiness and Food, I had the chance to visit the company’s oil palm plantation in Libo, Riau as part of an official media tour...
Jakarta, December 7, 2017 – Sinar Mas Agribusiness and Food, a subsidiary of Golden Agri-Resources (GAR), today hosted SMART SEED III (Social and Environmental Excellence Development) at the Pullman Hotel...
This speech was presented by Gopul Shah, Director, Corporate Treasury and Structured Trade Finance, Golden Agri-Resources, at the Responsible Business Forum in Singapore on 23 November 2017. Having engaged with...
In conjunction with World Science Day, we explore the significance of Research and Development (R&D) and biotechnology in agribusiness, and especially in palm oil. We speak with Tony Liwang, Head...
Meeting a smallholder and his workers in the field. Tackling smallholder issues is central to the sustainable transformation of the palm oil industry. Palm oil production is a key livelihood...
Our fire-free programme, Desa Makmur Peduli Api (previously known as Desa Siaga Api) works with communities and indigenous groups living in fire-prone areas to minimise incidences of forest fires and haze through both...
The Alternative Livelihood Programme (now known as the Integrated Ecological Farming Programme), introduced by Golden Agri-Resources (GAR) in 2016, teaches villages sustainable agriculture practices without using intensive chemicals and fire...
Interview with Ismène Stalpers, SNV Development’s Country Director for Indonesia, on her thoughts regarding partnering Golden Agri-Resources (GAR)/SMART, to help palm oil smallholders increase their field productivity and income, and...
Golden Agri-Resources (GAR) conducted a a sustainable palm oil training for suppliers operating in Aceh, from 3 – 5 May 2017. The session was aimed at educating attendees on...
Sinar Mas Agribusiness and Food recently launched high-yielding oil palm planting materials named Eka 1 and 2. These planting materials were developed in the company’s research centres, SMART Research Institute’s...
Gender equality in agriculture has become a widely-contested topic recently, and here in the palm oil industry, where employment in the plantations has long been male-dominated, there is a range...
Regular visitors of this blog know we work closely with local communities and villages to implement sustainability practices and conserve forests. Why is this so? If Golden Agri-Resources (GAR) owns...
Land clearing using fire by independent farmers and individuals is still prevalent in many parts of Kalimantan. In order to reduce the number and intensity of fires in the areas...
Sustainability reporting is still relatively new to us here in Asia. In Singapore, only a handful of listed companies – Golden Agri-Resources (GAR) being one of them – publish Sustainability...
It is likely that in the course of our daily lives, we consume several food products containing some form of palm oil. What kind of nutritional value does palm oil...
Daniel Yoshua Ramlan (3rd from left), CFO of Sinar Mas plantation 2, and Ismene Stalpers (4th from right), SNV Country Director for Indonesia, at the MoU signing event, accompanied by...
Eka Syamsiah Hidayah Nasution, Environment, Health, Fire & Safety Inspector, 26 years old, Jakarta “Even one incident is one too many. I want to minimise the risks further, even eliminate...
There are many steps needed before we get that golden palm oil you see at the supermarket. One of the main steps in this long process is palm oil refining....
Imagine a world where there is no more fossil fuel. What would you use to power your vehicles? How would you heat your homes? What would keep power plants and...
Golden Agri-Resources’ (GAR) Sustainability Report 2016 highlights the company’s progress in implementing innovative approaches to forest conservation. Elaborating on the theme of “Realising Sustainable Policies in Practice” the report details...
A decade ago, the palm oil industry faced challenges on deforestation. Today, labour has been brought into similar light for the industry as non-governmental organisations (NGOs) report widespread abuses of...
Siti Musyaropah, Elementary Teacher, 29 years old, West Kalimantan “Education is important for children as it gives them the tools they need to achieve their future dreams. I’m a teacher...
Punjung Renjani, Food Technologist, 28 years old, Marunda “As a food technologist for Golden Agri-Resources (GAR), I work on product development, specifically margarine and shortening, which are palm oil-based ingredients...
Diversity is the embodiment of everything that makes us different from one another. These differences can be traced back to our different heritage and upbringing, resulting in different perspectives. Research...
Dr. Yossy Ani Pritarini Purba, 48 years old, Riau “I’m the resident doctor at the Sentral Ujung Tanjung Clinic in Siak, Riau. The clinic opens 24 hours every day, tending...
Sustainable palm oil training with GAR suppliers in Aceh. Aceh is a region in Indonesia, perhaps most recognised globally for its devastation in the 2004 Tsunami. In the aftermath of...
Yatimin, Farmer, 63 years old, West Kalimantan “I have been farming my whole life. This land has fed my community and my family for decades. My five children and 11...
At Golden Agri-Resources (GAR), all fresh fruit bunches (FFBs) harvested in the plantations are delivered to the mills within 24 hours. Doing so results in a higher yield and quality...
Agus Firdaus, Truck Driver, 33 years old, West Kalimantan Agus, the truck driver “When I first started working for Golden Agri-Resources (GAR) as a field worker around eight years ago,...
Nurhamid, Owl Keeper, 42 years old, Riau “Rats are a large problem in the plantation because not only do they make nests at the base of the oil palms, they...
Increased climate change and weather volatility; health concerns of the increasingly discerning consumer; food supply shortages; rising sustainability expectations; these are some of the challenges facing agriculture-related businesses such as...
Two clones of high-yielding oil palm planting material registered in Indonesia’s Catalogue of Seeds and approved for use by the Ministry of Agriculture These planting materials to potentially increase crude...
Update 20/3/2018: Golden Agri-Resources (GAR) has been collaborating with the Orangutan Foundation International (OFI) for eight years, to rehabilitate & release wild-born, captive orangutans back to their natural habitat. We...
Did you know that palm oil contributes to the UN’s Sustainable Development Goals? Here’s how palm oil helps promote seven SDG goals: Palm oil has played a huge role in...
You’ve probably heard that palm oil is an ingredient for about half of all products that you buy in the supermarket. Ever wondered why? That’s because of its extraordinary qualities....
At Golden Agri-Resources (GAR), we grow around 10 million tonnes of fresh fruit bunches (FFBs) on more than 480,000 hectares of land every year. Getting the first phase of planting...
Budin Nur Nasution, Farmer Trainer, 46 years old, Kampar “Whenever there’s a question about new farming methods, everyone says, “Ask Budin!” As a farmer trainer with Golden Agri-Resources (GAR), I’m...
Novianti Mandasari, Environmental Engineer, 25 years old, Riau “Almost 70 percent of oil palm fresh fruit bunches becomes waste once crude palm oil (CPO) is extracted. We are referring to...
Did you know that palm oil is one of Nature’s most versatile crops and has a myriad of uses? You’re probably most familiar with it as cooking oil and as...
Fresh fruit bunch For one of the world’s most important foods, palm oil can still seem pretty mysterious to many people. Here’s a couple of things you might not know:...
Erman Muhammad Ali, Shopkeeper at Rumbai Market, 48 years old, Riau While Indonesia produces enough food to meet the needs of its 250 million people, access and distribution vary greatly....
Suranto, Harvester, 23 years old, West Kalimantan “The trees only bear fruit about three to four years after planting. When individual fruits start falling off the main fresh fruit bunch...
Ketut Suyadnya, Refinery Operations Manager, 40 years old, Marunda Ketut at work. “I manage operations at SMART Marunda, which is one of eight refineries owned by Golden Agri-Resources (GAR) in...
Franciscus Didik Dwi Budi Saputro, Mapper, 36 years old, Jakarta “I don’t think people necessarily understand the real purpose of a map. They only see lines on a page, rivers,...
Q. Isn’t palm oil bad for the rainforest? The challenges facing palm oil are shared with many other types of farming in tropical regions – as well as containing some...
Captain Roni Sutanto, 41 years old, Marunda Waters Captain Roni Sutanto on his ship. “I knew sailing was in my blood. I graduated from the Maritime Nusantara Academy in my...
Shining a light on the extraordinary, everyday lives of the people transforming the palm oil sector. The makers of palm oil Palm oil is perhaps the world’s most misunderstood ingredient...
H. Misdan, Community Leader and Chairman of the Smallholder Cooperative, 52 years old, Riau “I moved to Riau from West Java 25 years ago as a migrant farmer to grow...
Price Outlook Conference (POC) held annually in Kuala Lumpur is where the entire palm oil industry decamps for a week of discussions about future price outlooks, and increasingly sustainability. Golden...
Supporting smallholders is essential if we are to achieve food and nutrition security within the ASEAN region – that was one of the key messages from Responsible Business Forum (RBF)...
At GAR we have long carried out research into improving productivity, yield and agronomic practices in our plantations. In addition, we conduct research on improving the quality of our processed...
Golden-Agri Resources (GAR) is one of the world’s biggest integrated palm oil companies. This means we don’t just grow oil palm trees and harvest the fruit bunches, we also process...
The Leuser Ecosystem is a rainforest area which spans over 2.6 million hectares, covering large parts of the provinces of Aceh and North Sumatra. It is home to several endangered...
As we kick off 2017 it is traditional to predict likely trends, make commitments and set some goals for the new year. 2017 promises to be an interesting year on...
PT SMART has received the highest ranking in an evaluation on sustainability carried out by Chain Reaction Research – a consortium consisting of Aidenvironment, Climate Advisers and Profundo. Ten of...
Earlier this month, we achieved another important milestone – our company has received the highest number of Indonesian Sustainable Palm Oil (ISPO) certificates in the country. With two of our...
New evidence questions the popular picture of the palm oil industry as the leading destroyer of forests, suggesting the reality on the ground is very different and that a broader...
Since the launch of the UN’s Sustainable Development Goals nearly a year ago, we in the corporate sector have been hearing more and more about the 17 SDGs which range...
GAR’s supplier support team is made up of a diverse set of individuals –their different backgrounds and expertise provide a great resource for our suppliers. Previously, I introduced you to...
We’ve often pointed out in our blogs that the palm oil industry in Indonesia is actually made up of a large number of smallholder farmers. Any conversation about improving the...
In the past few months, due to the nature of my work, I’ve gotten to know a lot about one of the flagship programmes that my company is currently carrying...
At the end of her field trip, Clairie reflects on what she has learnt We wrapped up our visit to the methane capture facility. Pak Gotz and I had separate...
Earlier this month I joined some 700 people at the 14th RSPO Roundtable, a four-day conference bringing together growers, traders, brands, retailers, civil society organisations and others engaged with the...
In this installment of Postcards from the Field, Clairie spends her last day visiting a methane capture facility Tired after all the scientific adventures at SMARTRI, we were once again...
In this instalment of Postcards from the Field, Clairie continues her tour of SMARTRI and learns more about research projects that help boost palm oil productivity After looking at the...
Many farmers believe preparing land for cultivation without using fire requires a lot of money for heavy machinery. But through GAR’s Home Garden Project, we helped the Nanga Bian sub-village...
8 November 2016 Bangkok, Thailand Following a year of intensive work, the HCS Convergence Working Group announced in Bangkok that they have reached agreement on convergence between the HCSA and...
In Part Three of Postcards from the field, Clairie goes on a tour of the SMART Research Institute (SMARTRI). I wondered if it was the Indonesian air but I realised...
The RSPO RT14 scheduled for 7 to 10 Nov 2016 is just around the corner. Arguably the RSPO RT is the most important palm oil conference annually because it defines...
In the second instalment of Postcards from the Field, GAR intern and Environmental Science student, Clairie Ng, continues her journey of discovery on a palm oil estate in Riau, and...
It generally surprises people who are unfamiliar with the Indonesian palm oil industry to learn that it is not dominated by a handful of big companies. Instead, some two million...
In Indonesia, the government has introduced and is strengthening the ISPO certification (Indonesian Sustainable Palm Oil), a certification scheme that contains a set of mandatory government regulations regarding social, operational...
A few days after receiving awards for Social Business Innovation 2016 and the Green CEO 2016 from Warta Ekonomi, Daud Dharsono, President Director of PT SMART Tbk, outlines his view...
Shortly after receiving awards for Social Business Innovation 2016 and Green CEO 2016 from Warta Ekonomi, Pak Daud Dharsono shared his thoughts on the company’s sustainability journey. See his full...
One of the key challenges in the certification of sustainable palm oil is ensuring smallholders are not left out of the picture. Over 40 percent of Indonesia’s palm oil estates...
In Part One of “Postcards from the Field”, GAR intern and Environmental Science student, Clarie Ng, takes a trip to Libo, Riau and meets some plasma farmers. My journey...
We’ve just passed the one-year mark since we launched our updated and enhanced sustainability policy, the GSEP, and it’s a good time to take a look at what’s been happening...
Recently, WWF released their latest scorecard on Palm Oil – this tracks how well big brand companies are keeping to their commitments to use sustainable palm oil in their products....
Greenpeace released a report entitled “A Deadly Trade-Off”. It delved into the various alleged misdemeanours of the IOI group and its supply chain, claiming that nothing is being done about...
Smallholder farmers are the pioneers and backbone of an industry that contributes 15 percent of Indonesia’s GDP. Even so, only a small percentage of bank lending went to this group...
In response to the devastating fires and haze last year, the Government of Indonesia imposed a moratorium on new palm oil development earlier this year. Many have welcomed this development...
Over the last few months we’ve been blogging about GAR’s work with its suppliers to achieve a more resilient and sustainable supply chain. We’ve talked to suppliers, FFB brokers and...
In conjunction with the publication of GAR’s Sustainability Report 2015, we held a series of webinars for key stakeholders recently. The presentations showed the highlights of our sustainability progress including...
An estimated two million smallholders in Indonesia own over 40 percent of palm oil estates in the country. We believe that reaching out to this section of the industry is...
An estimated two million smallholders in Indonesia own over 40 percent of palm oil estates in the country. We believe that reaching out to this section of the industry is...
Keeping up with the latest developments in Indonesia’s agribusiness sector is a must if you dream of being the next successful generation of business leaders and entrepreneurs in the country....
Partnerships are absolutely key for GAR to move forward on our sustainability journey. You can read all about this in our latest Sustainability Report 2015 which is based on the...
Palm oil is an essential contributor to the Indonesian economy and rural livelihoods in particular. But it has also faced increasing international scrutiny over its sustainability. In 2009, the Indonesian...
It’s taken months of preparation and the collaboration of many colleagues and departments within GAR/PT SMART to produce our 2015 Sustainability Report which covers events in 2014 and 2015. Finally...
Golden Agri-Resources’ (GAR) Sustainability Report 2015 shows the company’s progress in meeting its commitments under the updated GAR Social and Environmental Policy (GSEP). Based on the theme “Initiate, Collaborate and...
Last night, GAR’s subsidiary, PT SMART Tbk (SMART) received three sustainability awards at two high-profile events in downtown Jakarta. “SMART aims to complete RSPO certification by 2020, and commit to...
Golden Agri-Resources (GAR) subsidiary, PT SMART Tbk (SMART) has been recognised for its sustainability efforts, winning three awards in two separate sustainable business awards nights. SMART was awarded the Sustainable...
In our continuing series on SDGs and the GSEP, we’re taking a look at SDG17: Revitalise the global partnership for sustainable development. At GAR we have a long history of...
August 19 is International Orangutan Day. These primates are currently facing a dire future and considered an endangered species. At GAR/PT SMART we believe in protecting the rich biodiversity found...
August 19 is International Orangutan Day. These primates are currently facing a dire future and considered an endangered species. At GAR/PT SMART we believe in protecting the rich biodiversity found...
EBITDA1 for the second quarter 2016 reported at US$86 million leading to first half EBITDA1 of US$228 million Palm product output in the first half of 2016 was 25 percent...
In June, the Roundtable on Sustainable Palm Oil (RSPO) held their annual European conference in Milan. Members gathered to discuss improvements in the RSPO Principles and Criteria and reported on...
Last week I joined the GAR/SMART team, to witness our partners from Orangutan Foundation International (OFI) release two ex-captive, wild born orangutans, Poco and Rich, into the wild in Central...
In last week’s blog on Sustainable Development Goals or SDGs and the GSEP, we looked at SDG 15: Life on Land – Sustainably manage forests, combat desertification, halt and reverse...
It’s hard to believe that seven weeks have flown by since we launched our World Environment Day Internal Campaign. As part of the organising committee for the campaign in our...
Pangkalan Bun, July 28, 2016 – Orangutan Foundation International (OFI), an international nonprofit organization dedicated to the conservation of wild orangutans and their rainforest habitat, worked together with Golden Agri-Resources...
In our continuing series on Sustainable Development Goals or SDGs and the GSEP, we’re taking a look this week at SDG 15: Life on Land – Sustainably manage forests, combat...
We are one of the largest palm oil plantation companies in the world. Our plantations are located in Indonesia and we manage more than 480, 000 hectares of palm...
GAR/PT SMART focus on fostering partnerships between major growers and buyers of palm oil, and networks of smallholders. GAR/PT SMART’s Smallholder Development Programmes offers support for smallholders to get high-quality...
GAR’s traceability to the plantation plan (TTP) builds on the first phase of our supply chain mapping. In December 2015, GAR completed mapping 489 individual mills supplying its eight downstream...
Innovative Financing Scheme is a public-private partnership involving the Indonesian Government, the Indonesian Chambers of Commerce (KADIN) and the Indonesian Economists Association (ISEI) under the umbrella of Partnership for Indonesia’s...
As a new intern at GAR, I had the opportunity to join the last session of the World Environment Day (WED) campaign and I learnt that with just a few...
Ian Welsh from Innovation Forum talks to Anita Neville, Vice President, Corporate Communications and External Affairs at GAR about the challenges of achieving traceability, access to markets and sustainability targets...
Last week, I wrote about how GAR through the GSEP is already working on some of the 17 goals launched by the UN known as the Sustainable Development Goals or...
As part of the continuing World Environment Day (WED) campaign on sustainability in our daily lives at the GAR Singapore office, we took a look at water sustainability last week....
Last year, the United Nations launched 17 Sustainable Development Goals (SDGs). These goals are related to 17 critical areas including eradicating poverty, tackling climate change, achieving gender equality, and zero...
It’s been a long time since we attended an art and craft workshop. Last week, as part of the ongoing World Environment Day (WED) campaign on sustainability in our daily...
Meet Pak Jondris Pakpahan, a palm oil Fresh Fruit Bunch (FFB) broker from Kandis Village, in central Sumatra. He collects and buys FFB from many different palm oil farmers which...
Took a little time off from work to participate in the GAR Transport Week activity as part of the ongoing World Environment Day (WED) internal campaign on sustainability in our...
Last week, as part of the ongoing World Environment Day campaign on sustainability in our daily lives, GAR staff in Singapore were offered a chance to attend a cooking demonstration...
Since World Environment Day on 5 June, GAR has been running a sustainability campaign with our Singapore-based staff to help them learn more about the GAR Social and Environmental Policy...
Not too long ago, I wrote about how financial services firm Morgan Stanley had signalled to investors that GAR shares deserved higher valuation based on our progress and performance in...
Last week, in the run-up to the World Environment Day (WED), I wrote about the GAR Social and Environmental Policy (GSEP) and our sustainability commitments which centre around four main...
Smallholder farmers manage over 40 percent of all palm oil estates in Indonesia. The average yield for an independent smallholder is between two and three tons of fruit per hectare...
This year’s World Environment Day (WED) falls on the 5th of June. WED is the United Nations’ most important day for encouraging worldwide awareness and action for the protection of...
Reaching out and working with a wide group of stakeholders is crucial when tackling the thorny problem of forest fires in Indonesia. GAR’s Desa Siaga Api programme aims to do...
24 May 2016 Golden Agri-Resources Chairman and CEO Franky O. Widjaja has reiterated the company’s support for the Indonesian Government’s moratorium on new palm oil licenses. This statement clarifies Mr....
Building Indonesia’s Food Security through Public Private Partnership About PISAgro The Partnership for Indonesia’s Sustainable Agriculture (PISAgro) is a collaborative platform between the Indonesian government, public and the private sector...
Programme improves farmers’ productivity & welfare, supporting sustainable agriculture production in Indonesia Jakarta, 23 May 2016 – Over the next four years one million farmers from different agriculture commodities across...
Indonesian smallholder farmers manage over 40 percent or 4.5 million hectares of palm oil estates in the country. More than half are managed by independent smallholders with the remainder run...
In our continuing series on GAR’s long-term forest fire prevention initiative – Desa Siaga Api, we take a look at how a variety of tactical approaches are being implemented on...
In his keynote speech during the supplier workshop organized by GAR in March 2016, Bayu Krisnamurthi President Director of Indonesia Estate-Crop Fund for Palm Oil (BPDP Sawit) called on suppliers...
Plantation business impacted by the severe El Niño weather condition in 2015 and softer average CPO market prices Integrated business model delivers resilient results as palm and lauric segment posts...
With the memory of the worst haze season in 20 years still fresh in everyone’s minds, GAR has been focusing on long-term workable solutions to tackle forest fires in Indonesia....
GAR is taking another step forward in mapping its supply chain by announcing a time-bound plan to achieve traceability all the way to the plantation – at the end of...
26 April 2016 Golden Agri-Resources has developed a four year plan to trace more than seven million tons of palm oil through 489 mills all the way back to the...
Last week I wrote about Morgan Stanley’s report which advised investors to look at GAR’s share price from the perspective of sustainability – they recommended GAR as a good buy...
In a report released on April 7 2016, Morgan Stanley recommended that Golden Agri-Resources (GAR) shares are a good buy due to its substantial improvement in sustainability performance. In its...
Sustainability within our supply chain is a shared commitment – our suppliers help us achieve our sustainability goals, and we help them drive sustainability into their processes and practices. We...
This is Ibu Sohriah. She is a housewife from Simpang Tiga Semblangaan Village. We had the opportunity to listen to her experience during the land and forest fire last year....
In December 2015, we completed mapping our supply chain to the mill. This meant that we identified all the individual mills – nearly 500 – which supply our downstream refineries...
In 2011 we took a ground-breaking step to decouple palm oil production from the destruction of forests by launching our Forest Conservation Policy (FCP) – the first palm oil company...
On December 19, two orangutans were released at the Tanjung Putting National Park. This was a result of efforts by the Orangutan Foundation International (OFI) in partnership with Pt SMART...
Climate change and all things climate-related are becoming part and parcel of our everyday vocabulary. As we live through the effects of haze, drought, floods, unseasonably high or low temperatures...
21 March 2016 Golden Agri-Resources is proud to announce that it will be sponsoring the Responsible Business Forum on Food and Agriculture (RBF) on April 25 -26, 2016, in Jakarta....
Concludes Fifth International Conference on Oil Palm and Environment in Bali The palm oil industry can adapt to climate change challenges; Stakeholders are encouraged to work together to support Indonesian...
“WWF calls for concerted actions to mitigate dire impact of GHGs emissions from irresponsible oil palm development” Nusa Dua-Bali, 17 March 2016 – The second day of the fifth International...
ICOPE aims to find climate change adaptation and mitigation solutions that will benefit the environment and the industry Bali, 16 March 2016 – The fifth International Conference on Oil Palm...
As someone working in sustainability communications in GAR, I am often awed by the sheer scale of the challenges we face in setting up and running sustainable operations. These could...
Empowering Local Communities to Prevent Land and Forest Fires Ketapang, March 3, 2016 – Ahead of the 2016 dry season, PT SMART Tbk, the subsidiary of Golden-Agri Resources (GAR), has...
GAR has been working with the Orangutan Foundation International (OFI) for a number of years. The partnership marks the continuation of efforts by our company to protect rare, threatened or...
The development of a plantation has provided the local community with a significant amount of job openings for both men and women. Hundreds of residents are currently employed and has...
Going to school for the children of Mantan Village was once a difficult feat due to the distance and the lack of good roads. The situation changed when the palm...
Since 2008, we have been actively enhancing the lives of communities where we operate. One example is in PT Kartika Prima Cipta (PT KPC) in West Kalimantan. The plantation area...
We have a significant research and development programme led by our PT SMART Research Institute. We are using technology as well as innovative new community engagement techniques to implement our...
GAR provides employment for almost 174,000 people in Indonesia; 49,000 direct employees, 67,000 smallholders and 58,000 casual workers, most of whom live and work in the rural communities where our...
Fourth quarter 2015 EBITDA1 and core net profit2 experienced year-on-year growth of four and ten percent, respectively Full year palm product output reached record high of 2.97 million tonnes Palm...
Golden Agri-Resources has finished mapping its supply chain to 489 individual mills Golden Agri-Resources will use supply chain mapping and knowledge to further engage and support independent suppliers Golden Agri-Resources...
The supply chain is key in any enterprise. These days, consumers don’t simply require businesses to behave according to certain standards and principles, they also increasingly expect the company’s supply...
International Conference on Oil Palm and Environment (ICOPE) will be back again from 16-18 March 2016 in Nusa Dua, Bali. The international bi-annual conference is now entering its fifth year...
Indonesia is ready to become part of the solution for tackling climate change. This was the essence of the Government of the Republic of Indonesia’s statement during the recent Climate...
Upholding the Highest Governance Standards Golden Agri-Resources Ltd (“GAR”) remains committed to observing high standards of corporate governance, to promote corporate transparency and to enhance shareholder value. GAR has complied...
WEBSITE TERMS AND CONDITIONS OF USE Terms & Conditions The Site is owned and operated by Golden Agri-Resources Ltd. The following Conditions govern your use and/or access to the Site....
Following on from the historic COP21 meeting in Paris which reached a global consensus on reducing emissions, the fifth International Conference on Oil Palm and Environment (ICOPE), will focus on...
Our Vision Golden Agri-Resources (GAR) aims to be the best, fully-integrated, global agribusiness and consumer product company – the partner of choice Our Mission We want to efficiently provide sustainable...
RSPO RSPO Notification of Proposed New Planting This notification shall be on the RSPO website for 30 days as required by the RSPO procedures for new plantings (http://www.rspo.org/?q=page/535). It has...
Feeding and fuelling the world, sustainably As a leading agribusiness, Golden Agri-Resources’s (GAR’s) future is dependent on: 1 A healthy environment including a stable climate, good soil health and abundant fresh...
In an effort to ensure environmental sustainability and long-term economic development, Sinarmas is involving the community in the management of conservation areas within its concessions. Work on this has begun...
Open letter from CEOs to world leaders urging climate action We are CEOs from 78 companies and 20 economic sectors. With operations in over 150 countries and territories, together we...
This blog first appeared on scottpoynton.com – 20 November 2015 Golden Agri Resources’ Jesslyne Widjaja brings honesty, transparency and a clear vision for the palm oil industry. Scott Poynton caught up with...
Golden Agri-Resources to further help Indonesia tackle the complex causes of fire and haze Golden Agri-Resources will launch peatland rehabilitation project Enhanced sustainability commitments developed in consultation with leading NGOs...
Following the suspension of TFT’s work with GAR on its upstream operations on May 19th 2015, the two organisations agreed on a series of time bound conditions which would see...
Third quarter 2015 EBITDA and net profit1 saw increases year-on-year despite lower CPO prices Plantation production recovered with third quarter 2015 palm product output growing by 3% from the same...
Sukri Tarigan, originally from Medan, has been working as a firefighter with the Emergency Response Team at PT Agro Lestari Mandiri (West Kalimantan) for three years. At 50, he continues to...
October Progress Update on Re-Engagement by TFT on GAR’s Upstream Plantation Operations Following the suspension of TFT’s work with GAR on its upstream operations, announced on May 19th 2015, the...
In conjunction with the expected formation of the ASEAN Economic Community by the end of 2015, professional services firm, EY is conferring a special award – the EY Asean Entrepreneurial...
Net profit1 for the second quarter 2015 reported at US$39 million, more than double the previous quarter Palm product output during second quarter 2015 increased by 13% from first quarter...
Following the suspension of TFT’s work with GAR on its upstream operations, announced on May 19th 2015, the two organisations agreed on a series of time-bound conditions which both TFT...
Golden Agri-Resources (GAR) is aware of the Global Witness Report concerning Golden Veroleum Liberia (GVL). Both our Forest Conservation Policy (FCP) and the Social and Community Engagement Policy (SCEP) apply...
As part of Golden Agri-Resources’ (GAR) commitment towards transparency and open and inclusive dialogue with stakeholders, the company has established a Grievance Procedure which can be found on its Sustainability...
General Announcement::Annual Communication of Progress (ACOP) Report 2014 – Submission to RSPO Issuer & Securities Issuer/ Manager GOLDEN AGRI-RESOURCES LTD Securities GOLDEN AGRI-RESOURCES LTD – MU0117U00026 – E5H Stapled...
Agreed Action Plan for the Re-Engagement by TFT on GAR’s Upstream Plantation Operations. Following the suspension of The Forest Trust’s (TFT) work with GAR on its upstream operations, announced on...
Golden Agri‐Resources (GAR) has introduced an upgrade to its on‐line sustainability dashboard. The dashboard was originally launched in May last year, and was developed in partnership with The Forest Trust(TFT)....
Golden Agri-Resources (GAR) and The Forest Trust (TFT) have collaborated closely for the past four years since the development, announcement and implementation of our Forest Conservation Policy (FCP) and Social...
The Board of Directors of Golden Agri-Resources Ltd (“GAR” and together with its subsidiaries, the “Group”) has appointed Mr. Agus Purnomo as the Managing Director, Sustainability and Strategic Stakeholder Engagement....
Core net profit1 reported at US$52 million, 13% higher than the previous quarter Palm product output impacted by the dry weather conditions experienced in 2014 Singapore, 12 May 2015 –...
We have received a letter from the Roundtable on Sustainable Palm Oil (RSPO) on 6 May 2015 and noted the press release by Forest Peoples Programme (FPP) dated 7 May...
In response to a press release by NGOs on 15 April 2015 titled: “Briefing to banks and potential investors on the ongoing risks and outstanding social conflicts in the palm...
Response in relation to Forest Peoples Programme (FPP) complaint regarding New Planting Procedure(NPP) in PT Kartika Prima Cipta (KPC) Jakarta, Singapore, 25 March 2015 – Golden Agri-Resources Ltd (GAR) has...
2014 EBITDA and core net profit reached US$566 million and US$221 million, respectively Palm product output at a record high of 2.95 million tonnes Singapore, 27 February 2015 – Revenue...
Twelve students from the Harvard Business School in Boston had first-hand insight into the operations of Sinar Mas Agribusiness and Food, as they spent a few days with the company...
Golden Agri-Resources (GAR) is aware of challenges in the implementation of our pioneering Forest Conservation Policy (FCP), which was launched in 2011. As part of our policy, we have set...
We thank Greenpeace for their feedback as published in their press release on 13 November 2014 titled “Palm Oil Giant GAR Needs to Step Up Efforts on Social, Environmental Commitments”....
As part of our Forest Conservation Policy (FCP) and Social and Community Engagement Policy implementation, we have been mapping our supply chain and will be conducting risk assessments withsupport from...
Year-to-date September 2014 revenue grew by 24% to US$5.80 billion Palm product output rose 14% to 2.23 million tonnes compared to the same period last year Interim dividend of 0.408...
We have received a complaint from Forest Peoples Programme (FPP) on the recent New Planting Procedure (NPP) submissions by GAR and our subsidiary PT SMART Tbk (SMART) to the Roundtable...
New York Declaration on Forests is a collective vision by the public and private sector to address deforestation and promote restoration of forests This is aligned to the goals of...
General Announcement::Annual Communication of Progress Report (2013- 2014) – Submission to RSPO Issuer & Securities Issuer/ Manager GOLDEN AGRI-RESOURCES LTD Securities GOLDEN AGRI-RESOURCES LTD – MU0117U00026 – E5H Stapled...
First half 2014 revenue grew by 27% to US$3.95 billion Palm product output rose to 1.45 million tonnes from 1.26 million tonnes during the same period last year Singapore, 14...
Financial Statements and Related Announcement::Notifications of Result Release Issuer & Securities Issuer/ Manager GOLDEN AGRI-RESOURCES LTD Securities GOLDEN AGRI-RESOURCES LTD – MU0117U00026 – E5H Stapled Security No Announcement...
General Announcement::Release by PT Sinar Mas Agro Resources and Technology Tbk Issuer & Securities Issuer/ Manager GOLDEN AGRI-RESOURCES LTD Securities GOLDEN AGRI-RESOURCES LTD – MU0117U00026 – E5H Stapled Security...
Progress Report on Yield Improvement Policy Implementation 1. Introduction Golden Agri-Resources Ltd (“GAR”) launched a Yield Improvement Policy (“YIP”) on 15 February 2012.The YIP is jointly developed with The Forest...
Revenue grew by 34% to US$1.91 billion from expanded downstream operations and increasing fresh fruit bunch and palm product output Favourable outlook with rising production and stronger prices supported by...
4Q 2013 core net profit almost triple previous quarter’s Double digit quarter-on-quarter recovery in palm products output for 4Q 2013 Proposed final dividend of 0.515 Singapore cents per share, adding...
Golden Agri-Resources (GAR) has had meetings with Forest Peoples Programme (FPP) and has been discussing the situation at PT Kartika Prima Cipta (PT KPC) since early July 2013. We thank...
Year-to-date Sep 2013 revenue was 3% higher compared to previous year Third quarter 2013 palm products output increased strongly quarter-onquarter in line with seasonal trend Interim dividend of 0.585 Singapore...
Update: The First Six Months of the High Carbon Stock Forest Conservation Pilot Project Preamble Progress of pilot criteria The High Carbon Stock (HCS) implementation process Feedback from stakeholders Summary...
Miscellaneous * Asterisks denote mandatory information Name of Announcer * GOLDEN AGRI-RESOURCES LTD Company Registration No. UF 24045G Announcement submitted on behalf of GOLDEN AGRI-RESOURCES LTD Announcement is submitted with...
First half 2013 revenue increased by 9% compared to last year Palm products output moderated by palm tree’s biological cycle Singapore, 2 August 2013 – Revenue of Golden Agri-Resources Ltd...
No Deforestation Palm Oil HCS Forest Conservation Pilot Project Daud Daud Dharsono President Director, PT SMART Tbk Tropical Forest Alliance 2020: Promoting Sustainability and Productivity in the Palm Oil and...
Golden Agri-Resources Ltd (GAR) and our subsidiary PT Sinar Mas Agro Resources and Technology Tbk (SMART) (together, the Company) reiterate that we are absolutely against burning. There are currently no...
Net profit1 for the first quarter of 2013 more than doubled from the previous quarter at US$113 million, while EBITDA increased to US$211 million FFB and palm product output grew...
Pilot to be catalyst for multi-stakeholder engagement process to find solutions for sustainable and no deforestation palm oil production Jakarta, Singapore, 13 March 2013 – Golden Agri-Resources Ltd (GAR) together...
Supported by favourable weather conditions, bumper harvest in the fourth quarter of 2012 brought full year palm products output to another record level of almost three million tonnes 2012 financial...
Sweden, Singapore – 4 February 2013 – Stena Bulk A/B (“Stena Bulk”) and Golden Agri-Resources Ltd (“GAR”) have set up a new joint venture, Golden Stena Bulk. For a start,...
Jakarta, Singapore, 4 June 2012 – Golden Agri-Resources Limited (GAR), together with its subsidiary PT SMART Tbk (SMART), today publish the High Carbon Stock (HCS) Forest Study Report and will...
Jakarta, Singapore, 31 May 2011 – Golden Agri-Resources Ltd’s (GAR) subsidiaries PT SMART Tbk (SMART) and PT Ivo Mas Tunggal (IMT), submit the High Conservation Value (HCV) compensation and deep...
Jakarta, Singapore, 9 February 2011 – Golden Agri-Resources Limited (GAR) and its subsidiaries including PT SMART Tbk (SMART) announced today that it will work with multi- stakeholders including the Government...
Jakarta, 19 August 2010 – SMART is not guilty of “Burning up Borneo”. The field verification could not find evidence of burning in land clearing and preparation. SMART refutes claims...
REPORT CLEARLY DEMONSTRATES THAT: SMART is not responsible for deforestation of primary forests and the destruction of orang-utan habitats in Indonesia as claimed by Greenpeace SMART operates responsibly and within...
Jakarta, 29 July 2010 – PT SMART Tbk (“SMART”) understands that there have been aerial photographs taken by journalists who were on a flight organised by Greenpeace around 5 and...
Jakarta, 6 July 2010 – PT SMART Tbk (“SMART”) and its parent company Golden Agri-Resources Ltd (“GAR”) clarifies statements made by Greenpeace in its report “How Sinar Mas is Pulping...
Jakarta, 5 July 2010 – PT SMART Tbk (“SMART”) and its parent company Golden Agri-Resources Ltd (“GAR”) refutes latest allegations by Greenpeace that appeared on its website which stated that...
Jakarta, 1 July 2010 – PT SMART Tbk (“SMART”) today implements its enhanced Standard Operating Procedures (SOPs) relating to sustainable palm oil production. This is part of the company’s revitalised...
Jakarta, 28 June 2010 – PT SMART Tbk (“SMART”) is a responsible company that is committed to producing sustainable palm oil. As part of our overall strategy to conserve high...
Indonesian Economy Palm oil is an increasingly important industry for Indonesia. In 2005, it accounted for US$ 3.8 billion of exports, or 6% of non oil and gas exports of...
Jakarta, 27 April 2010 – PT Sinar Mas Agro Resources and Technology Tbk (“SMART”) would like to reaffirm that it remains committed to achieving sustainable palm oil production. With effect...
JAKARTA, 15 April 2010 – Two leading experts from Indonesia’s Bogor Agricultural Institute (“IPB”), will provide independent expert assistance over verification of the claims in recent Greenpeace reports. Prof. Dr....
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