Golden Agri-Resources

Golden-Agri Resources (GAR) is a Singaporean palm oil company. It is listed on the Singapore Stock Exchange since 1999. ^[1] In May 2015, its market capitalization was $4.1 billion.^[2] Franky Oesman Widjaja is its CEO. Sinar Mas Group is a subsidiary of GAR. Lew Syn Pau used to serve as a member of the Singaporean Parliament for 13 years and is a member of the board of directors of the firm. ^{[3] [4]} According to Greenpeace, GAR has six concessions on peatlands in Riau, with an estimated total are of 20,000 hectares.^[5] GAR was reported to have 1,880 hectares of peat in Central Kalimantan and 1,330 hectares in West Kalimantan, while claiming a zero-deforestation footprint.^[6] Greenpeace also discovered 322 hotspots on five to GAR's concessions in Central Kalimantan. ^[7] GAR denied these accusations and said to have a zero-burning policy since 1997.^[8] Interviews with senior officers revealed evidence to the contrary.^[9] In about 2010, companies such as Burger King, Unilever and Nestlé cancelled their supplier contracts with Singapore-listed GAR subsidiaries due to unsustainable farming practices. ^[10]

References

1. Helena Varkkey, The Haze Problem in Southeast Asia (Abingdon: Routledge, 2015), p. 101
2. http://www.forbes.com/companies/golden-agri-resources/
3. http://www.goldenagri.com.sg/about_boarddirectors.php
4. Helena Varkkey, The Haze Problem in Southeast Asia (Abingdon: Routledge, 2015), p. 90
5. Helena Varkkey, The Haze Problem in Southeast Asia (Abingdon: Routledge, 2015), p. 131
6. Helena Varkkey, The Haze Problem 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 in Southeast Asia (Abingdon: Routledge, 2015), p. 143
9. Helena Varkkey, The Haze Problem in Southeast Asia (Abingdon: Routledge, 2015), p. 143
10. Helena Varkkey, The Haze Problem in Southeast Asia (Abingdon: Routledge, 2015), p. 97

External links

• Official Website