Sinar Mas
Pulp & paper, food, agri-business & financial services
This Indonesian conglomerate has extensive interests in both the palm oil and pulp and paper sectors. It is Indonesia's largest palm oil producer and the second-largest globally. Controlled by the family of Indonesian tycoon Eka Tjpta Widjaja.

Overall

Owned IDN
Rating F
About the Ratings
Sinar Mas Group
IDN

Company Assessment

(Last updated Aug 2024)
Sinar Mas Group
Criticism
7.4% 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 #589/816, with a total score of 7.4/100.
32.2% 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 32.2%.
Information
Deforestation & Palm Oil Plantations
Criticisms in this Greenpeace report include illegal logging, large-scale deforestation and expansion of palm oil plantations into previously forested areas. [Listed under Information due to age of report]
Friends of the Earth report
A 2008 report on the sustainability claims of Malaysia's palm oil lobby, with a special focus on the state of sarawak.
Source: FOE (2008)
Pulping the Planet
This Greenpeace report reveals how Sinar Mas is engaged in clearing rainforests and destroying peatlands. The group also has significant interests in palm oil and coal mining, amongst other sectors.
Most controversial companies of 2010
This company appeared ninth on RepRisk's top ten "most environmentally and socially controversial companies of 2010". Companies on the list were severely criticised during 2010 by the world's media, governments and NGOs. Criticisms of Sinar Mas include excessive deforestation to make way for palm oil production in Indonesia, destroying the habitats of endangered orangutans and Sumatran tigers, illegally burning forests, damaging rivers and fish stocks, destroying indigenous ways of life, and creating social conflict through land rights and resources disputes. [Listed under Information due to age of report]
Wikipedia profile
Follow the link to see Wikipedia's profile on this company
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.
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Company Details

Subsidiaries:
Asia Pulp & Paper Company Ltd
Pulp and paper company
With combined pulp, paper and packaging capacity of 7 million tonnes in Indonesia, it ranks number one in Asia, excluding Japan.
Nippecraft Ltd (64% owned)
Office supplies
Founded in 1977
Collins Debden Pty Ltd
Diaries and stationery
Sales offices in Australia, UK and Singapore. Based in Australia.

Contact Details

Address:
Indonesia
Website:
www.sinarmasgroup.com

Products / Brands

Collins Debden (64% owned)
Collins Bookkeeping
Collins Diaries & Planners
Debden Diaries & Planners