Golden Plantation Tbk PT
Palm oil assessment- Latest update: November 2023
- Next scheduled: November 2024
Download data (CSV)
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About this company:
Established in 2007, Indonesian producer Golden Plantation is... Read more.
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Parent company:PT JOM Prawarsa Indonesia
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Landbank (oil palm)10,889 hectares
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Thomson Reuters ticker:GOLL.JK
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Bloomberg ticker:GOLL IJ Equity
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RSPO member?No
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Website:
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Media Monitor
- ZSL's SPOTT team monitors international media for news on assessed companies, collecting articles about pertinent activities. They don't confirm the accuracy of the media coverage, but it can be leveraged by SPOTT users to gain insights into a company's operations and possible risks. To access this company's media reports, scroll down or click here.
Company assessment: Golden Plantation Tbk PT – November 2023
Assessment date:
Score by disclosure type:
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Sustainability policy and leadership
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0 / 11. Sustainable palm oil policy or commitment for all its operations?
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0 / 1
2. Sustainable palm oil policy or commitment applies to all suppliers?
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0 / 1
3. High-level position of responsibility for sustainability?
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0 / 1
4. One or more members within the board of the company have responsibility for sustainability?
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0 / 1
5. Percentage or number of women in senior management team?
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6. Percentage or number of women board members?
0 (0%) - The company states that it has 0 women on its board of directors. However, gender balance is not directly reported by the company.
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0 / 1
7. Member of multiple industry schemes or other external initiatives to reduce negative environmental or social outcomes associated with palm oil production?
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8. Collaboration with stakeholders to reduce negative environmental or social outcomes associated with palm oil production?
The company mentions its partnership with other third parties to identify areas containing biological, ecological and sociocultural values in its subsidiaries' concession areas. However, the partnership is not clearly focused on reducing negative environmental or social outcomes associated with palm oil production. The information is between two to five years old.
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9. Sustainability report published within last two years?
The sustainability issues are integrated into the Annual Report 2020. However, the report is between two to three years old.
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0 / 1
10. Reports through standardised reporting systems?
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11. Verification report on compliance with POIG Charter, if a POIG member?
This indicator is disabled as the company is not a POIG member.
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0 / 1
12. Climate risks assessment available?
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Landbank, maps and traceability
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13. Lists countries and operations?
The company operates palm oil plantations through its subsidiaries PT Persada Alam Hijau and PT Bailangu Capital Investment located in Jambi and South Sumatra respectively. However, the location of downstream operations is not reported.
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0 / 1
14. Lists countries sourcing from?
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15. Total land area managed/controlled for oil palm (ha)?
10889 - The company has 10,889 ha of the total land area managed/controlled for oil palm. However, the information is between two to five years old.
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16. Total oil palm planted area (ha)?
3230 - The company reports having 3,230 ha of palm oil planted area. However, the information is between two to five years old.
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17. Scheme smallholders planted area (ha)?
The company reports that its subsidiary PT Bumiraya Investindo entered into a partnership with plasma farmers in 2010 to manage a plantation of 3000 hectares located in Pulau Laut Selatan, South Borneo. However, the subsidiary was declared bankrupt in 2019 and its data has not been consolidated into the 2020 financial year.
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0 / 1
18. Unplanted (areas designated for future planting) (ha)?
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0 / 1
19. Conservation set-aside area, including HCV area (ha)?
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20. Maps of estates/management units?
The company has published a static image which shows the locations of all estates. However, no coordinates and geo-referenced maps were available.
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0 / 1
21. Maps of all scheme smallholders?
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0 / 1
22. Maps of all third-party supplying plantations?
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23. Number of company-owned mills?
1 - The company reports that it has 1 mill. However, the information is between two to five years old.
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24. Names and locations of company-owned mills?
The GFW publishes a map of the company-owned subsidiary's mill. However, the subsidiary was declared bankrupt in 2019 and its data has not been consolidated into the 2020 financial year.
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0 / 1
25. Number (or percentage) of company-owned mills that source from company-owned operations and third parties?
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0 / 1
26. Reports total volumes (or percentages) sourced by company-owned mills that come from company-owned operations and third-parties?
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0 / 1
27. Number of third party supplying mills?
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0 / 1
28. Names and locations of all third-party supplying mills?
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0 / 1
29. Number (or percentage) of third party supplying mills that source from their own plantations and third party plantations?
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0 / 1
30. Reports total volume (or percentages) sourced from third-party supplying mills that come from the supplying mills' own operations and third parties?
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0 / 1
31. Total volume (or percentage) sourced for refineries that comes from intermediary traders and/or refiners rather than directly from mills?
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0 / 1
32. Time-bound commitment to achieve 100% traceability to mill level?
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0 / 2
33. Percentage of supply traceable to mill level?
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0 / 1
34. Time-bound commitment to achieve 100% traceability to plantation level?
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0 / 2
35. Percentage of fresh fruit bunches (FFB) supply to own mills traceable to plantation level?
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0 / 2
36. Percentage of supply from third-party mills traceable to plantation level?
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0 / 1
37. Publishes traceability data at refinery level?
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0 / 1
38. Publishes traceability data at crusher level?
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Certification standards
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0 / 1
39. Member of the Roundtable on Sustainable Palm Oil (RSPO)?
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0 / 1
40. RSPO-certified within three years of joining the RSPO or by November 2010, for companies joining prior to finalisation of the RSPO certification systems in November 2007?
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0 / 1
41. Submitted most recent RSPO Annual Communication of Progress (ACOP)?
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0 / 1
42. Percentage of area (ha) RSPO-certified?
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0 / 1
43. Percentage of mills RSPO-certified?
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0 / 1
44. Time-bound plan for achieving 100% RSPO certification of estates and mills within 5 years?
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0 / 1
45. Time-bound plan for achieving 100% RSPO certification of all palm product processing facilities within 5 years?
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0 / 1
46. Percentage of scheme smallholders (ha) RSPO-certified?
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0 / 1
47. Time-bound plan for achieving 100% RSPO certification of scheme/associated smallholders and outgrowers within 5 years or target already achieved?
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0 / 1
48. Percentage of FFB supply (tonnes) from independent smallholders/outgrowers/third-party FFB suppliers that is RSPO-certified?
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0 / 1
49. Percentage of all palm oil and oil palm products handled/traded/processed (tonnes) that is RSPO-certified?
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0 / 1
50. Sells RSPO-certified palm oil through Segregated or Identity Preserved supply chains?
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0 / 1
51. Processes/trades RSPO-certified palm oil through Segregated or Identity Preserved supply chains?
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0 / 1
52. Indonesia Sustainable Palm Oil (ISPO) certified (100%)?
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53. Malaysia Sustainable Palm Oil (MSPO) certified?
This indicator is disabled as the company does not operate in Malaysia.
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0 / 1
54. Certified under voluntary sustainability certification scheme (e.g. ISCC, SAS, RSB)?
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Deforestation and biodiversity
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0 / 1
55. Commitment to zero conversion of natural ecosystems?
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0 / 1
56. Commitment to zero conversion of natural ecosystems applies to all suppliers?
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57. Commitment to zero deforestation?
The company commits to zero deforestation.
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0 / 1
58. Commitment to zero deforestation applies to all suppliers?
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0 / 1
59. Criteria and cut-off date for defining deforestation?
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0 / 1
60. Criteria and cut-off date for defining deforestation in supplier operations?
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0 / 1
61. Evidence of monitoring deforestation and/or ecosystem conversion?
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0 / 1
62. Evidence of monitoring deforestation and/or ecosystem conversion in supplier operations?
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0 / 1
63. Amount of deforestation and/or ecosystem conversion recorded in own operations since cut-off date?
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0 / 1
64. Amount of deforestation and/or ecosystem conversion recorded in supplier operations since cut-off date?
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0 / 1
65. Commitment to restoration of deforestation/conversion in own operations since cut-off date?
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0 / 1
66. Commitment to restoration of deforestation/conversion in supplier operations since cut-off date?
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0 / 1
67. Implementing a landscape or jurisdictional level approach?
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0 / 1
68. Biodiversity policy?
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0 / 1
69. Biodiversity policy applies to all suppliers?
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0 / 2
70. Identified species of conservation concern, referencing international or national system of species classification?
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0 / 1
71. Examples of species and/or habitat conservation management?
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0 / 1
72. Commitment to no hunting or only sustainable hunting of species?
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0 / 1
73. Commitment to no hunting or only sustainable hunting of species applies to all suppliers?
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HCV, HCS and impact assessments
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74. Commitment to conduct High Conservation Value (HCV) assessments?
The company conducts a series of High Conservation Value (HCV) assessments as part of its commitment to sustainable oil palm plantation development. However, the commitment is unclear.
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0 / 1
75. Commitment to conduct High Conservation Value (HCV) assessments applies to all suppliers?
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0 / 1
76. High Conservation Value (HCV) assessments for planting undertaken prior to January 2015, and associated management and monitoring plans?
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0 / 1
77. High Conservation Value (HCV) assessments for all estates planted/planned planting since January 2015?
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0 / 1
78. High Conservation Value (HCV) or combined HCV/HCS management and monitoring plans for all estates planted/planned planting since January 2015?
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0 / 1
79. Commitment to only use licensed High Conservation Value (HCV) assessors accredited by the HCV Resource Network's Assessor Licensing Scheme (ALS)?
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0 / 1
80. Commitment to only use licensed High Conservation Value (HCV) assessors accredited by the HCV Resource Network's Assessor Licensing Scheme (ALS) applies to all suppliers?
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0 / 1
81. Satisfactory review of all High Conservation Value (HCV) assessments undertaken since January 2015 by the HCV ALS Quality Panel?
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0 / 1
82. Commitment to the High Carbon Stock (HCS) Approach?
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0 / 1
83. Commitment to the High Carbon Stock (HCS) Approach applies to all suppliers?
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0 / 1
84. High Carbon Stock (HCS) assessments available?
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0 / 1
85. Peer review of all High Carbon Stock (HCS) assessments undertaken since April 2015 by the HCSA Quality Assurance Process?
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86. Commitment to conduct social and environmental impact assessments (SEIAs)?
The company commits to conducting Social Impact Assessment (SIA). However, it does not include an environmental impact assessment (EIA).
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0 / 1
87. Commitment to conduct social and environmental impact assessments (SEIAs) applies to all suppliers?
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0 / 1
88. Social and environmental impact assessments (SEIAs) available, and associated management and monitoring plans?
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Peat, fire and GHG emissions
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89. Commitment to no planting on peat of any depth?
The company commits to clearing lands without planting in peatlands. However, the commitment is unclear and does not specify the depth of peatlands.
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0 / 1
90. Commitment to no planting on peat of any depth applies to all suppliers?
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0 / 1
91. Landbank or planted area on peat (ha)?
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0 / 1
92. Implementation of commitment to no planting on peat of any depth?
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0 / 1
93. Commitment to best management practices for soils and peat?
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0 / 1
94. Commitment to best management practices for soils and peat applies to all suppliers?
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0 / 2
95. Evidence of best management practices for soils and peat?
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96. Commitment to zero burning?
The company commits to no burning.
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0 / 1
97. Commitment to zero burning applies to all suppliers?
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98. Evidence of fire monitoring and management?
The company reports that it has constructed a fire tower every 1,000 hectares throughout its plantations, conducts fire drills and patrol and has implemented a new policy requiring monitoring fire as far as 5 kilometres outside plantation boundaries. However, the information is between two to five years old and self-reported.
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0 / 1
99. Details/number of hotspots/fires in company estates?
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0 / 1
100. Details/number of hotspots/fires within surrounding landscape/smallholders?
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0 / 1
101. Time-bound commitment to reduce greenhouse gas (GHG) emissions intensity?
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0 / 1
102. GHG emissions intensity?
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0 / 1
103. GHG emissions from land use change in company's own operations (scope 1)?
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(NEW: not scored this year) -
104. GHG emissions from land use change in supplier operations (scope 3)?
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0 / 1
105. Progress towards commitment to reduce GHG emissions intensity?
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0 / 1
106. Methodology used to calculate GHG emissions?
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0 / 1
107. Percentage of mills with methane capture (100%)?
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Water, chemical and pest management
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0 / 1
108. Time-bound commitment to improve water use intensity?
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0 / 1
109. Water use intensity?
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0 / 1
110. Progress towards commitment on water use intensity?
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0 / 1
111. Time-bound commitment to improve water quality (BOD and COD)?
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0 / 1
112. Progress towards commitment on water quality (BOD and COD)?
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113. Treatment of palm oil mill effluent (POME)?
The company reports that it has applied the Palm Oil Mill Effluent (POME) utilisation principle through the development of land application in the form of 14 waste storage ponds as organic fertiliser.
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0 / 1
114. Treatment of palm oil refinery effluent (PORE)?
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0 / 1
115. Commitment to protect natural waterways through buffer zones?
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0 / 2
116. Implementation of commitment to protect natural waterways through buffer zones?
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117. Commitment to minimise the use of chemicals, including pesticides and chemical fertilisers?
The company commits to minimise the use of chemical fertilisers only.
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0 / 1
118. Commitment to minimise the use of chemicals, including pesticides and chemical fertilisers, applies to all suppliers?
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0 / 1
119. Commitment to no use of paraquat?
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0 / 1
120. Commitment to no use of paraquat applies to all suppliers?
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0 / 1
121. Commitment to no use of World Health Organisation (WHO) Class 1A and 1B pesticides?
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0 / 1
122. Commitment to no use of World Health Organisation (WHO) Class 1A and 1B pesticides applies to all suppliers?
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0 / 1
123. Commitment to no use of chemicals listed under the Stockholm Convention and Rotterdam Convention?
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0 / 1
124. Commitment to no use of chemicals listed under the Stockholm Convention and Rotterdam Convention applies to all suppliers?
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0 / 1
125. Chemical usage per ha or list of chemicals used?
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126. Implementation of commitment to minimise inorganic fertiliser use?
The company reports that it has reduced the utilisation of chemical fertiliser and replaced it with nature-based fertiliser. However, data is between two to five years old and self-reported.
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127. Integrated Pest Management (IPM) approach?
The company reports implementing integrated pest control like the use of owls for rats to suppress pests. However, the information is between two to five years old and self-reported.
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128. Waste management system in place to avoid negative impacts?
The company has a waste management system in place under which it has created temporary storage for B3 waste from its plantations and mill in accordance with KEP-01/ BAPEDAL/09/1995. However, the information is between two to five years old and self-reported.
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Community, land and labour rights
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0 / 1
129. Commitment to human rights?
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0 / 1
130. Commitment to human rights applies to all suppliers?
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0 / 1
131. Progress on human rights commitment?
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0 / 1
132. Commitment to respect indigenous and local communities' rights?
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0 / 1
133. Commitment to respect indigenous and local communities' rights applies to all suppliers?
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0 / 1
134. Commitment to respect legal and customary land tenure rights?
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0 / 1
135. Commitment to respect legal and customary land rights applies to all suppliers?
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0 / 1
136. Commitment to free, prior and informed consent (FPIC)?
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0 / 1
137. Commitment to free, prior and informed consent (FPIC) applies to all suppliers?
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0 / 1
138. Details of free, prior and informed consent (FPIC) process available?
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139. Examples of local stakeholder engagement to prevent conflicts?
The company has reported an example of local stakeholder engagement to prevent conflicts. However, the information is over five years old.
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0 / 1
140. Details of process for addressing land conflicts available?
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0 / 1
141. Supports the inclusion of women across palm oil operations, including addressing barriers faced?
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0 / 1
142. Commitment to mitigate impacts on food security?
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0 / 1
143. Progress on commitment to mitigate impacts on food security?
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144. Commitment to provide essential community services and facilities?
The company reports that it operates CSR programs which help to improve the welfare of local communities. However, no commitment could be found.
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145. Progress on commitment to provide essential community services and facilities?
The company reports that it has a Social Infrastructure Program under which it has repaired the roads of various villages. However, the information is between two to five years old and self-reported.
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146. Commitment to provide business/work opportunities for local communities?
The company commits to providing work opportunities for local communities.
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0 / 1
147. Commitment to Fundamental ILO Conventions or Free and Fair Labour Principles?
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0 / 1
148. Commitment to Fundamental ILO Conventions or Free and Fair Labour Principles applies to all suppliers?
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0 / 1
149. Progress on commitment to respect all workers' rights?
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150. Commitment to eliminate gender related discrimination with regards to employment?
The company commits to promoting gender equality and employment opportunities. However, it does not include the elimination of gender-related discrimination.
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0 / 1
151. Commitment to eliminate gender related discrimination with regards to employment applies to all suppliers?
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0 / 1
152. Progress on commitment to eliminate gender related discrimination with regards to employment?
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153. Percentage or number of temporary employees?
0 (0%) - The company reports that it has 0 (0%) temporary employees in 2020.
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154. Percentage or number of women employees?
4 (36.36%) - The company reports that it has 4 (36.36%) women employees in 2020.
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0 / 1
155. Commitment to pay a Living Wage?
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0 / 1
156. Commitment to pay a Living Wage applies to all suppliers?
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0 / 1
157. Progress on commitment to pay a Living Wage?
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0 / 1
158. Reporting of salary by gender?
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159. Commitment to address occupational health and safety?
The company commits to address health and safety at work for all workers.
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0 / 1
160. Commitment to address occupational health and safety applies to all suppliers?
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161. Provision of personal protective equipment and related training?
The company reports that it provides all safety equipment and facilities, including Personal Protective Equipment to all employees. However, no provision for related training could be found. Data is between two to five years old and self-reported.
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0 / 1
162. Time lost due to work-based injuries?
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163. Number of fatalities as a result of work-based accidents?
0 - The company recorded 0 cases of minor, major or fatal work accidents in 2018.
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Smallholders and suppliers
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164. Commitment to support smallholders?
The company reports improving the welfare of surrounding smallholders by conducting training for and dissemination to smallholders. However, the commitment is unclear.
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165. Programme to support scheme smallholders?
The company reports improving the welfare of surrounding smallholders by conducting training for and dissemination to smallholders. However, the information is between two to five years old and self-reported.
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0 / 1
166. Percentage of scheme smallholders involved in programme?
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0 / 1
167. Programme to support independent smallholders?
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0 / 1
168. Percentage of independent smallholders/outgrowers involved in programme?
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0 / 1
169. Process used to prioritise, assess and/or engage suppliers on compliance with company's policy and/or legal requirements?
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0 / 1
170. Number or percentage of suppliers assessed and/or engaged on compliance with company's policy and/or legal requirements?
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0 / 1
171. Suspension or exclusion criteria for suppliers?
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0 / 1
172. Time-bound action plans (including Key Performance Indicators) for suppliers to be in compliance with palm oil sourcing commitments?
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(NEW: not scored this year) -
173. Proportion of supply from suppliers that is verified as deforestation- and/or conversion-free (DCF)?
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0 / 1
174. Time-bound plan to engage with all high risk mills within 3 years?
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0 / 1
175. Programme to support high risk mills to become compliant with sourcing policies?
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0 / 1
176. Regularly engages with a subset of high risk mills?
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0 / 1
177. Procedures in place to assess all own and third party supplying palm oil mills for risk level?
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0 / 1
178. Regularly assesses and categorises the risk level of all their own and third party supplying mills?
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0 / 1
179. Regularly reports the risk level of all own and third party supplying mills identified in its supply chain?
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Governance and grievances
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180. Commitment to ethical conduct and prohibition of corruption?
The company commits to ethical conduct and the prohibition of corruption.
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0 / 1
181. Commitment to ethical conduct and prohibition of corruption applies to all suppliers?
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0 / 1
182. Progress on commitment to ethical conduct and prohibition of corruption?
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0 / 1
183. Disclosure of the company's management approach to tax and payments to governments?
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184. Whistleblowing procedure?
The company has a whistleblowing system which includes information on reporting unethical conduct and protection of whistleblowers.
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185. Own grievance or complaints system open to all stakeholders?
The company has its own grievance mechanism which is open to both internal and external stakeholders.
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0 / 1
186. Details of complaints and grievances disclosed?
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SPOTT scores are based on the presence of external evidence made available by the company or third-parties.
Media monitor: Golden Plantation Tbk PT
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 or score 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.
Last media reports:
September 2020
Telat lapor kondisi keuangan dan bayar denda, BEI suspensi 26 perusahaan (Late in reporting financial conditions and paying fines, IDX suspended 26 companies)
October 2019
Wadaw! 9 Emiten Didenda Ratusan Juta, Ada Perusahaan Milik Samin Tan dan Bakrie! (Wadaw! 9 issuers are fined hundreds of millions, there is a company owned by Samin Tan and Bakrie!)
September 2019
peta pemain besar sawit dunia di indonesia dan kepatuhan terhadap inisiatif lingkungan (Map of the world big palm players in indonesia and compliance with environmental initiatives)
July 2019
Kata Golden Plantation (GOLL) soal anak usahanya yang terjerat PKPU (Said Golden Plantation (GOLL) about its subsidiary being entangled in PKPU)
February 2008
Losing Ground - The human rights impacts of oil palm plantation expansion in Indonesia
Media monitor: Golden Plantation Tbk PT
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 or score 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.
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