Bumitama Agri Ltd https://www.spott.org/palm-oil/bumitama-agri-ltd/
Established in 1996, Bumitama Agri is an investment holding company whose core business activities include oil palm cultivation and harvesting and processing of fresh fruit bunches into crude palm oil and palm kernel. The company also owns a biodiesel plant. Bumitama's oil palm plantation estates are located in Indonesia.
Landbank (oil palm):232,837 hectares
Palm cultivation revenue:100%
Market cap:913,143,000 USD
Thomson Reuters ticker:BUMI.SI
Bloomberg ticker:BAL SP
Other initiatives:Indonesian Sustainable Palm Oil (ISPO)
Activities:Oil palm grower & miller
Locations:Indonesia (Central Kalimantan, West Kalimantan and Riau)
Related companies:IOI Corporation has a 31.8% stake in Bumitama Agri.
Company assessment: Bumitama Agri Ltd – November 2018
SPOTT assesses companies against over 100 indicators across ten categories. Click on the icons or bars below to expand each category for further details, scoring and links to reports and sources.
Media monitor: Bumitama Agri Ltd
SPOTT monitors global media sources for coverage of assessed companies. The media monitor gathers reports about specific activities related to the assessment indicator categories. ZSL does not assess the validity of media coverage, but users can explore the media monitor to provide context on implementation, and infer risks associated with reported operations on the ground.
News Release: Update on Land Clrearing near PT LGI (April 2019)
RSPO Complaint filed Jul 2012 - PT Hati Prima Agro (Status: Reopen - Investigation)
Bumitama Clarifies on the "Dying For A Cookie" Report
Has this Singapore-listed palm oil firm been concession laundering?
FUEL TO THE FIRE: How a U.S. law intended to reduce dependence on fossil fuels has unleashed an environmental disaster in Indonesia
Dying for a cookie: How Mondelez is feeding the climate and extinction crisis
RSPO Complaint filed July 2016 - PT Bumitama Gunajaya Abadi (Status: Investigation)
Fires burning inside palm oil concessions linked to major household brands
The Final Countdown: Now or never to reform the palm oil industry
Draw the line: A black book about the shady investments by Dutch banks in palm oil
5 reasons companies are collaborating to end deforestation
Dirty Bankers: How HSBC is Financing Forest Destruction for Palm Oil
RSPO Complaint filed Nov 2015 - Bumitama Gunajaya Abadi (Status G: Monitoring progress of Action Plan)
Indigenous and forest community leaders tour the EU to call for conflict-free palm oil
Bumitama refers to the article 'Oil palm plantations need to protect orangutans'
Oil palm plantations need to protect orangutans (commentary)
Bumitama Refers to FoE's Report and Press Release Named 'Up in Smoke'
Up in Smoke: Failures in Wilmar's promise to clean up the palm oil business
Under Fire: Indonesia's fire crisis is a test of corporate commitment to forest protection
Bumitama's statement in response to Greenpeace's report titled 'Indonesia's Forests: Under Fire'
RSPO Complaint field April 2013 - PT Ladang Sawit Mas, a subsidiary of Bumitama Agri Ltd (Status H: Closed)
RSPO Complaint filed March 2013 - PT Nabatindo Karya Utama, a subsidiary of Bumitama Agri Ltd (Status H: Case Closed)
Complaint on: PT Andalan Sukses Makmur, a subsidiary of Bumitama Agri Ltd. (Status H: Closed)
RSPO Complaint filed July 2012 - PT Hati Prima Agro (a subsidiary of Bumitama Agri Ltd.) (Status H: Closed)
Palm Oil supplier Bumitama cuts ties with illegal plantation following Friends of the Earth pressure
Bumitama tests RSPO's credibility
Chain Reaction Research Risk Analysis: Bumitama Agri
Indonesia: Supreme Court rules against Big Palm Oil
Rabobank under fire over Indonesia palm oil investments
Banktrack report on Bumitama - Updated May 2014
Orangutan rescued from Bumitama plantation
Indonesia: Deutsche Bank finances deforestation
Bumitama's diary of destruction: Broken promises, land grabs and illegal palm oil in Indonesia
P&G's dirty secret: Media briefing on Greenpeace International's investigation of how P&G's palm oil suppliers are pushing Sumatran tigers and orang-utans closer to extinction
Valuation of Bumitama Agri's compliance to its own public statements and to RSPO
PT NKU and PT ASMR conduct independent audit to verify HCV clearance and encroachment issues
Scoring criteria: Bumitama Agri Ltd
Scoring criteria guide how ZSL conducts SPOTT assessments and allocates scores to ensure a fair and consistent approach, setting the expectations for companies on how they should publish ESG data. The full palm oil indicator framework contains 119 indicators across 10 categories, aligned with corporate reporting initiatives.