Holding company
RGE stands for Royal Golden Eagle, or Raja Garuda Emas. A holding company with activities ranging from paper, palm oil, construction, and energy business sectors.
Company Assessment
(Last updated Aug 2024)
Praise
Criticism
Information
RGE Pte Ltd
Praise
Criticism
Information
Deforestation in Indonesia
This company has been caught sourcing from a palm oil mill and producer that have been expelled from much of the global palm oil marketplace due to breaches of anti-deforestation and peatland destruction policies. This latest investigation by Rainforest Action Network (RAN) proves that RGE Group remains one of the most controversial actors in the Indonesian forestry and palm oil sectors.
Source: RAN
(2021)
0/20 in Social Benchmark
The 2024 Social Benchmark assesses the world's 2,000 most influential companies on their responsibility in meeting society's fundamental expectations towards three measurement areas: respecting human rights, providing decent work, and acting ethically. This company was assessed in 2023 and received a score of 0/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
4.3% in Nature Benchmark
The Nature Benchmark ranks 816 companies across 20 industries on their efforts to protect our environment and its biodiversity. Companies were assessed in three phases between 2022 and 2024 using three measurement areas: governance and strategy; social inclusion and community impact; and ecosystems and biodiversity. This company was assessed in 2023 and is ranked #655/816, with a total score of 4.3/100.
30.8% in Forest 500 Rankings
Forest 500 identifies the 350 companies and 150 financial institutions with the greatest exposure to tropical deforestation risk, and annually assesses them on the strength and implementation of their deforestation and human rights commitments. This company received a score of 30.8%.
Source: Forest 500
(2023)
Wikipedia profile
One of Indonesia's richest men , Sukanto Tanoto, controls Royal Golden Eagle (RGE), a holding company with activities ranging from paper, palm oil, construction, and energy business sectors.
Source: Wikipedia with links
(2020)
BankTrack profile
BankTrack is a global network of civil society organisations and individuals tracking the operations of the banking sector and the activities they finance. Banktrack aims to promote fundamental changes in the banking sector so that banks adopt just and sustainable business practices. BankTrack also has profiles on companies, such as this one, which have been the subject of civil society campaigns for damaging the environment or society. Follow the link to see this company's profile.
Source: BankTrack
(2018)
Company Details
Subsidiaries:
Asia Pacific Resources International Ltd
Paper milling & manufacturing
Indonesia's #2 pulp & paper company, after Asia Pulp & Paper. APRIL's plantations are located on the equator in Sumatra, Indonesia.
Contact Details
Products / Brands
APRIL / Ball & Doggett (distributor)
Paper One
Printer Paper