Tunas Baru Lampung Tbk PT
Palm oil assessment- Latest update: November 2024
- Next scheduled: November 2025
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Parent company:Sungai Budi Group
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Landbank (oil palm)79,424 hectares
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Market cap:263,600,000 USD
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Thomson Reuters ticker:TBLA.JK
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Bloomberg ticker:TBLA IJ Equity
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LEI:
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RSPO member?No - The company was a member of RSPO, but resigned in 2020.
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Website:
Company assessment: Tunas Baru Lampung Tbk PT – October 2015
Assessment date:
SPOTT scores are based on the presence of external evidence made available by the company or third-parties.
Media monitor: Tunas Baru Lampung 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. The media monitor undergoes a full update at the time of publishing an assessment round, with ad-hoc updates throughout the year. This is not an exhaustive list of all media reports relevant to the company.
January 2025
Boycott Sinar Mas Products in Europe: 27 Companies Implicated in Indonesia's Cooking Oil Scandal
April 2024
PT Tunas Baru Lampung Tbk Digugat Dua Karyawan, Kuasa Hukum: Sekelas Perusahaan Tbk Tidak Mampu Bayar Pesangon (PT Tunas Baru Lampung Tbk Sued by Two Employees, Attorney: A Tbk Company Cannot Afford to Pay Severance Pay)
February 2020
The Chain: Repeat Offenders Continue to Clear Forests for Oil Palm in Southeast Asia
November 2019
Anggota RSPO dan Pemasok Pertamina Terlibat Kebakaran Lahan Agar Ditindak Tegas (RSPO Members and Pertamina Suppliers Involved in Land Fires To Be Firmly Treated)
November 2019
Makers of Oreos, KitKats among brands linked to Indonesia forest fires
February 2019
The Chain: NDPE Uptake Impacts List of Top 10 Deforesters in SE Asia
September 2018
The Final Countdown: Now or never to reform the palm oil industry
May 2018
The Financing of Leakage Refiners: Shareholders and Loan Issuers Include International Financial Institutions with Palm Oil Policies
March 2018
TBLA's clarification in response to Chain Reaction Research report 'Tunas Baru Lampung: Contested Land and Peat Clearing Could Drive Substantial Value Loss'
March 2018
TUNAS BARU LAMPUNG: CONTESTED LAND AND PEAT CLEARING COULD DRIVE SUBSTANTIAL VALUE LOSS
November 2017
Unsustainable Palm Oil Faces Increasing Market Access Risks: NDPE Sourcing Policies Cover 74 Percent of Southeast Asia?s Refining Capacity (Updated Version) [July 2018]
May 2017
Nordic Investment in Indonesia, Singapore Linked to Deforestation: Report
December 2016
Chain Reaction Research 2016 Sustainability Benchmark: Indonesian Palm Oil Growers
November 2016
Anak Usaha Tunas Baru Lampung Diduga Langgar Penggunaan HGU (Tunas Baru Lampung Subsidiary Suspected of Violating HGU use)
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Media monitor: Tunas Baru Lampung 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.