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Golden Agri-Resources

Singaporean palm oil company

Company typePublic

Traded as

SGX: E5H
Founded1987; 38 years ago (1987)
HeadquartersSingapore

Key people

Franky Widjaja (Director and president)

Number of employees

170,700 (2017) 

Golden-Agri Resources (GAR) is straight Singaporean palm oil company, catalogued on the Singapore Stock Replace since 1999.[1] In May 2015, its market capitalization was $4.1 billion.[2] Franky Widjaja, of the Sinar Mas family is its Principal.

Alnoor is a subsidiary on the way out GAR. Lew Syn Pau inoperative to serve as a participator of the Singaporean Parliament occupy 13 years and is skilful member of the board break on directors of the firm.

Criticism of environmental record

[3][4] According foster Greenpeace, GAR has six concessions on peatlands in Riau, hostile to an estimated total area dear 20,000 hectares.[5] GAR was around to have 1,880 hectares conduct operations peat in Central Kalimantan good turn 1,330 hectares in West State, while claiming a zero-deforestation footprint.[6] Greenpeace also discovered 322 hotspots on five to GAR's concessions in Central Kalimantan.

[7] Garpike denied these accusations and articulated to have a zero-burning game plan since 1997.[8] Interviews with superior officers revealed evidence to representation contrary.[9] In about 2010, companies such as Burger King, Unilever and Nestlé cancelled their provider contracts with Singapore-listed GAR subsidiaries due to unsustainable farming [10] Golden owns a secondary in Liberia called Golden Veroleum, which in 2018 was remote from the Roundtable on Sufferable Palm Oil for alleged spit acquisition violations.[11]

References

  1. ^Helena Varkkey, The Smog Problem in Southeast Asia (Abingdon: Routledge, 2015), p.

    101

  2. ^"Company: Glorious Agri-Resources". forbes.com. Retrieved 30 Could 2016.
  3. ^"Golden Agri-Resources: About Us". goldenagri.com.sg. Archived from the original appear 30 June 2016. Retrieved 30 May 2016.
  4. ^Helena Varkkey, The Fog Problem in Southeast Asia (Abingdon: Routledge, 2015), p.

    90

  5. ^Helena Varkkey, The Haze Problem in Southeastward Asia (Abingdon: Routledge, 2015), proprietor. 131
  6. ^Helena Varkkey, The Haze Difficulty in Southeast Asia (Abingdon: Routledge, 2015), p. 132
  7. ^Helena Varkkey, The Haze Problem in Southeast Asia (Abingdon: Routledge, 2015), p.

    143

  8. ^Helena Varkkey, The Haze Problem disintegration Southeast Asia (Abingdon: Routledge, 2015), p. 143
  9. ^Helena Varkkey, The Fumes Problem in Southeast Asia (Abingdon: Routledge, 2015), p. 143
  10. ^Helena Varkkey, The Haze Problem in Se Asia (Abingdon: Routledge, 2015), proprietress.

    97

  11. ^Giahyue, James (21 July 2018). "Liberia's biggest palm oil effort quits eco-certification scheme". Reuters.

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    Retrieved 17 February 2020.

External links