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Home › Companies
Wilmar GroupSingapore
Sectors: agriculture - palm oil
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On record

This profile is no longer actively maintained, with the information now possibly out of date

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Created before Nov 2016
Last update: 2016-06-22 06:29:58

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Overview

Wilmar International (WLIL.SI), founded in 1991 and headquartered in Singapore is one of the world's largest agribusinesses. It is involved in a wide range of businesses, mainly in oil palm cultivation, oilseeds crushing, edible oils refining, sugar milling and oleochemicals. It is the world's largest processor and merchandiser of palm and lauric oils and is the leading source of edible oils and specialty fats and oleochemicals to China, India and the Ukraine, east and southeast Africa. Wilmar International is listed on the Singapore stock exchange, and is one of the world's largest palm oil plantation owners and the largest palm oil refiner in Indonesia and Malaysia.

In 2012, Wilmar International revenue was USD45.6 billion, with net profit of USD1.3 billion. As of December 2012, the company owned 255,648 hectares of oil palm, 73 percent of which is located in Indonesia, 23 percent in East Malaysia and 4 percent in Africa - up 14 percent from its 2008 holdings of 223,000 hectares.. Wilmar International and its various subsidiaries also operated 97 palm and lauric oil refineries in 2012, 48 in China, 25 in Indonesia and 13 in Malaysia. Wilmar's total refining capacity for palm oil and soft oils stands at 25 million tons per year. Wilmar operates in more than 20 countries, employing 88,000 people and more than 300 processing plants, and sells its products in 50-plus countries.

In 2011 and 2012, Newsweek ranked Wilmar as the world's least sustainable company in terms of environmental performance (last among the 500 largest publicly traded companies in the world).

But in December 2013, it announced a comprehensive “No Deforestation, No Peat, No Exploitation” policy that required its suppliers to immediately cease any development of forests, including HCV and HCS lands, and peat of any depth. Wilmar has partnered with TFT to implement the policy, and issued its first compliance report in May 2014, and its second one in August 2014. However, with more than 400 suppliers, there have inevitably been serious challenges. Suppliers like Bumitama have continued to engage in deforestation despite commitments to cease land clearing. The independent Indonesian organization Greenomics has found that Kencana Agri, a company 20 percent owned by Wilmar, has recently engaged in deforestation in Sulawesi.

Divestment from Wilmar by the Norwegian Government Pension Fund Global (GPFG) In 2012, the Norwegian Government Pension Fund Global (GPFG) divested from Wilmar and 22 other palm oil companies.

Headquarters
Singapore
CEO/chair Kuok Khoon Hong
CEO
Website http://www.wilmar-international.com/
Ownership

Wilmar was established in 1991 by Kuok Khoon Hong of Malaysia and Martua Sitorus of Indonesia. In June 2007, Wilmar International completed a major merger with the palm oil and edible oil operations of the Kuok Group. Major shareholders of the company include Kuok Khoon Hong, Robert Kuok and Martua Sitorus. Robert Kuok is currently the richest man in Malaysia and the 64th richest man worldwide.

Shareholders and banks are the most important financial stakeholders of Wilmar International. As of the end of 2012, shareholders financed 34.2 percent of its assets, while banks accounted for 52.4 percent, largely in the form of short-term loans. European and U.S. financial institutions own or manage 4 percent of Wilmar International’s outstanding shares, with a value of USD481 million. The pension funds hold USD71.75 million of Wilmar International shares.

Archer Daniels Midland owns 16 percent of shares in Wilmar.

Subsidiaries
Kencana Group – Singapore (profile)

Location

Issues

Social impact

Sumatra: in August 2010, Wilmar destroyed the small village of Sungai Beruang, located in the middle of a big palm oil plantation 40.000 hectares in size.

Environment

Indonesia Since 2007, three complaints have been submitted to the IFC Compliance Advisor Ombudsman (CAO) against Wilmar's operations in Indonesia for clearing land without appropriate community approvals, legally required permits, or the completion of Environmental Impact Assessment processes, in violation of national laws and Roundtable on Sustainable Palm Oil (RSPO) principles. The most recent complaint, filed in 2011, concerned Wilmar calling on government forces to dismantle a community settlement on disputed land. As of 2013, mediation continues unresolved.

In February 2013, Friends of Borneo, SAVE Wildlife Conservation Fund, Jakarta Animal Aid Network and others filed a complaint with the RSPO stating that Wilmar subsidiary PT Mekar Bumi Andalas is encroaching onto High Conservation Value Forests and building crude palm oil shipping stations in Balikpapan Bay, home to one of the five largest known populations of proboscis monkeys, as well as Irrawaddy dolphins, dugongs, green turtles, and unique coral reefs and sea grass beds.

In April 2013, controversy erupted around Bumitama Agri LTD, one of Wilmar's major suppliers (in 2011, Wilmar bought 56.8 percent of Bumitama's Crude Palm Oil and Palm Kernel Oil), and in which Wilmar holds roughly five percent of shares. Subsidiaries of Bumitama had cleared thousands of hectares of forest within protected forest areas, displaced endangered orangutans, and were revealed to hold at least 5,000 hectares of unpermitted plantation landbank. Wilmar continued to purchase palmoil from Bumitama Agri in 2014, which continued to operate a plantation without the necessary permits, thereby bringing illegal palm oil into the supply chain.

In June 2013, WWF published a report which documents how Asian Agri purchased palm oil fruit that was illegally grown within the boundaries of the Tesso Nilo Forest Complex, an area that includes Tesso Nilo National Park and surrounding forest concessions where it is illegal to plant palm oil.

In December 2013 a report detailed the conflicts on the concessions of subsidiary PT Permata Hijau Pasaman I (PT PHP I), where it is involved in land conflicts with the local Kapa community. It started land clearance and planting before it obtained environmental and land use licenses. PT PHP I is also not yet RSPO certified and has still to conduct a High Conservation Value. The same report also showed how Wilmar's subsidiary PT MS has still not solved all the conflicts with the local communities, despite the fact that it was awarded RSPO certification on 11th August 2010.

PT Sawindo Cemerlang and its subsidiary PT Sawit Tiara Nusa cleared primary forest belonging to indigenous forest communities in 24 villages in the West Popayato subdistrict of Gorontalo Province up until spring 2014. Wilmar affiliate PT Sawindo Cemerlang also took over land in the Batui Banggai subdistrict in the midst of active land conflict with local communities, effectively preventing them form obtaining a Community Forest Permit.

A Greenomics report from May 2015 shows that in the first quarter of 2015, Wilmar was buying CPO produced by PT Austindo Nusantara Jaya (ANJT), a company that continues to extensively clear high carbon stock (HCS) forest in West Papua province to date. According to a Mongabay article, Wilmar stopped sourcing from ANJT in April 2015.

On 11th May 2015 human rights and environmental organization Lingkaran Advokasidan Riset (LinkAR) Borneo delivered a complaint letter to the Roundtable on Sustainable Palm Oil (RSPO) alleging multiple violations of RSPO requirements (including landgrabbing, the lack of permits and the use of fire) by PT. Swadaya Mukti Prakarsa (PT. SMP) - a key Wilmar Group supplier and subsidiary of First Resources Group.

In Nigeria, in April 2014, Wilmar was grabbing forestland in the vicinity of Afi Wildlife Sanctuary, close to the Cross River National Park Okwangwo Division, which contains high-conservation value forest. This territory is a buffer zone to the wildlife sanctuary of the National Park and Afi Forest reserve.

There is no Environmental Impact Assessment on any of the concessions made to Wilmar, yet Wilmar has already deforested and bulldozed several thousand hectares of land in contravention of NIgeria's Act CAP E12.

Nigerian NGO Rainforest Resource and Development Centre (RRDC) made a formal complaint to the RSPO, accusing Wilmar of unlawful acquisition of land, failure to comply with national laws and regulations, encroachment on large portions of the Cross River National Park (CRNP) and the Ekinta forest reserve and lack of transparency. In 2013, RRDC filed a lawsuit against Wilmar in the Federal High Court of Nigeria.

In Uganda a large proportion of the palm oil plantations are in areas previsouly covered by natural forest, of which an estimated 3,600 have been destroyed to make way for palm oil plantations. Wilmar's joint venture Bidco Oil Refineries and its subsidiary Oil Palm Uganda Limited (OPUL) have violated several national land laws including the Ugandan Constitution, the Land Acquisition Act, and the National Environmental Act 1988. On 19 February 2015, a group of farmers filed a lawsuit against Bidco Uganda and Amos Ssempa, who leased the land to Opul.

Human rights

Nigeria - As of May 2014 Wilmar had yet to sign a Memorandum of Understanding with any of the 20 host communities in the Cross River State area, where thousands of smallholder farmers are loosing their ancestral land. Local NGO RRDC filed a complaint to the RSPO in 2012.

Uganda - Several communities have been displaced, often with little or no compensation or alternative livelihood options. In February 2015, farmers filed a lawsuit against the joint venture co-owned by Wilmar.

Liberia - The concession agreements signed between CRC and the Government failed to recognise communities customary ownership of the land, do not stipulate the need for FPIC and inlcude provisions allowing involuntary resettlement. When communities protested the non-payment of wages by SIFCA, they suffered violence and illegal arrest at the hands of the paramilitary unit of Liberia National Police Emergency Response Unit.

Governance

Updates

Wilmar announces its no deforestation, no peat, no exploitation policy

2013-12-05 00:00:00

On December 5 2013 Wilmar announced its No Deforestation, No Peat, No Exploitation Policy.

Financiers

banks

ABN AMRO Netherlands profile
banks
Debt – corporate loan
EUR 91 million
2013 - 2014
Total amount of 3 corporate loans provided by ABN Amro in the period 2013-2014
source: FoE Europe report (November 2015)
ANZ Australia profile
banks
Debt – corporate loan
EUR 332 million
2010 - 2012
Total amount of 3 corporate loans provided by ANZ in the period 2010-2012.
source: FoE Europe report (November 2015)
BNP Paribas France profile
banks
Debt – corporate loan
EUR 461 million
2010 - 2014
Total amount of 9 corporate loans provided by BNP Paribas in the period 2010-2014.
source: FoE Europe report (November 2015)
Bank of America United States profile
banks
Debt – corporate loan
EUR 81 million
June 2010 - June 2011
Part of a €325 million one-year credit facility from a syndicate of four banks that matured in 2011.
source: FoE Europe report (November 2015)
Bank of New York Mellon United States profile
banks
Uncategorised
EUR 11.78 million
October 2015
shares/bonds underwriter or manager - value of the shares it holds
source: FoE Europe report (November 2015)
Bank of Tokyo Mitsubishi UFJ Japan profile
banks
Debt – corporate loan
EUR 617 million
2010 - 2014
Total amount of 11 corporate loans in the period 2010-2014.
source: FoE Europe report (November 2015)
Barclays United Kingdom profile
banks
Debt – corporate loan
EUR 102 million
2010 - 2011
Total amount of two corporate loans provided by Barclays in the period of 2010-2011.
source: FoE Europe report (November 2015)
CIMB Malaysia profile
banks
Debt – corporate loan
EUR 289 million
2010 - 2013
Total amount of 4 corporate loans provided by CIMB in the period 2010-2013.
source: FoE Europe report (November 2015)
Bond issue – underwriter
EUR 28 million
January 2012
Bonds issuance January 2012, one of four participating financial institutions
source: FoE Europe report (November 2015)
Citigroup United States profile
banks
Debt – corporate loan
EUR 177 million
2011 - 2013
Total amount of several loans provided during the period 2011-2013.
source: FoE Europe report (November 2015)
Commonwealth Bank of Australia Australia profile
banks
Debt – corporate loan
EUR 436 million
2010 - 2014
The total amount of 9 corporate loans over the years 2010 to 2014
source: FoE Europe report (November 2015)
Crédit Agricole France profile
banks
Uncategorised
EUR 4.97 million
September 2015
shares/bonds underwriter or manager - shares owned
source: FoE Europe report (November 2015)
Debt – corporate loan
EUR 219 million
2011 - 2014
Total amount of 5 corporate loans provided by Crédit Agricole in the period 2011-2014.
source: FoE Europe report (November 2015)
DBS Bank Singapore profile
banks
Bond issue – underwriter
EUR 64 million
January 2012
January 2012 bond issuance, one of four participating financial institutions
source: FoE Europe report (November 2015)
Deutsche Bank Germany profile
banks
Uncategorised
EUR 5.44 million
February 2015
shares/bonds underwriter or manager - shares owned
source: FoE Europe report (November 2015)
Debt – corporate loan
EUR 36 million
June 2011
Corporate loan
source: FoE Europe report (November 2015)
HSBC United Kingdom profile
banks
Uncategorised
EUR 3.45 million
February 2015
shares/bonds underwriter or manager - shares owned
source: FoE Europe report (November 2015)
Debt – corporate loan
EUR 1,068 million
2010 - 2013
Total amount of 10 corporate loans given by HSBC over the period 2010-2013.
source: FoE Europe report (November 2015)
Bond issue – underwriter
EUR 64 million
January 2012
One of four participating financial institutions
source: FoE Europe report (November 2015)
ING Group Netherlands profile
banks
Debt – corporate loan
EUR 81 million
June 2010 - June 2011
Part of a €325 million one-year credit facility from a syndicate of four banks that matured in 2011.
source: FoE Europe report (November 2015)
JPMorgan Chase United States profile
banks
Uncategorised
EUR 42.05 million
May 2015
shares/bonds underwriter or manager - value of the shares it holds
source: FoE Europe report (November 2015)
Bond issue – underwriter
EUR 100 million
July 2014
source: FoE Europe report (November 2015)
Bond issue – underwriter
EUR 27.96 
April 2014
Bonds issuance April 2014
source: FoE Europe report (November 2015)
KBC Belgium profile
banks
Debt – corporate loan
EUR 87 million
2011 - 2014
Total amount of several loans from 2011 to 2014.
source: FoE Europe report (November 2015)
Mizuho Japan profile
banks
Debt – corporate loan
EUR 402 million
2011 - 2014
Total amount of 7 corporate loans provided by Mizuho in the period 2011-2014.
source: FoE Europe report (November 2015)
National Australia Bank Australia profile
banks
Debt – corporate loan
EUR 215 million
2010 - 2014
Total amount of 4 corporate loans provided by NAB over the years 2010-2013.
source: FoE Europe report (November 2015)
OCBC Singapore profile
banks
Debt – corporate loan
EUR 546 million
2010 - 2014
Total amount of 11 corporate loans provided to Wilmar by OCBC in the period 2010-2014.
source: FoE Europe report (November 2015)
RHB Banking Group
banks
Bond issue – underwriter
EUR 56 million
January 2012
January 2012 bonds issuance, one of four participating financial institutions
source: FoE Europe report (November 2015)
Rabobank Netherlands profile
banks
Debt – corporate loan
EUR 366 million
2010 - 2014
Total amount of six corporate loans provided by Rabobank in the period 2010-2014.
source: FoE Europe report (November 2015)
Société Générale France profile
banks
Uncategorised
EUR 0.75 million
September 2015
shares/bonds underwriter or manager - shares owned
source: FoE Europe report (November 2015)
Sumitomo Mitsui Banking Corporation Japan profile
banks
Debt – corporate loan
EUR 576 million
2010 - 2014
Total amount of 12 corporate loans provided by Sumitomo in the period of 2010-2014.
source: FoE Europe report (November 2015)
United Overseas Bank Singapore profile
banks
Debt – corporate loan
EUR 289 million
2010 - 2013
Total amount of 4 corporate loans provided to Wilmar by United Overseas Bank in the period 2010-2013.
source: FoE Europe report (November 2015)

insurance companies

AXA
insurance companies
Uncategorised
EUR 4.07 million
June 2015
shares/bonds underwriter or manager - Value of the shares it holds
source: FoE Europe report (November 2015)
Aegon
insurance companies
Uncategorised
EUR 1.11 million
June 2015
shares/bonds underwriter or manager - value of the shares it holds
source: FoE Europe report (November 2015)

investment funds

Blackrock Advisors
investment funds
Uncategorised
EUR 65.25 million
October 2015
shares/bonds underwriter or manager - value of the shares it holds
source: FoE Europe report (November 2015)
Capital Group
investment funds
Uncategorised
EUR 0.66 million
June 2015
shares/bonds underwriter or manager - value of the shares it holds
source: FoE Europe report (November 2015)
Dimensional Fund Advisers - DFA
investment funds
Uncategorised
EUR 14.5 million
September 2015
shares/bonds underwriter or manager - value of the shares it holds
source: FoE Europe report (November 2015)
Fidelity Investments
investment funds
Uncategorised
EUR 8.67 million
September 2015
shares/bonds underwriter or manager - value of the shares it holds
source: FoE Europe report (November 2015)
Invesco
investment funds
Uncategorised
EUR 3.32 million
September 2015
shares/bonds underwriter or manager - value of the shares it holds
source: FoE Europe report (November 2015)
Mass Mutual Financial Group
investment funds
Uncategorised
EUR 0.89 million
September 2015
shares/bonds underwriter or manager - value of the shares it holds
source: FoE Europe report (November 2015)
Northern Trust
investment funds
Uncategorised
EUR 10.64 million
September 2015
shares/bonds underwriter or manager - value of the shares it holds
source: FoE Europe report (November 2015)
State Street Corporation
investment funds
Uncategorised
EUR 18.86 million
September 2015
shares/bonds underwriter or manager - value of the shares it holds
source: FoE Europe report (November 2015)
Van Eck Global
investment funds
Uncategorised
EUR 14.48 million
October 2015
shares/bonds underwriter or manager - value of the shares it holds
source: FoE Europe report (November 2015)
Vanguard Group
investment funds
Uncategorised
EUR 53.25 million
September 2015
shares/bonds underwriter or manager - value of the shares it holds
source: FoE Europe report (November 2015)

pension funds

ABP, Algemeen Burgerlijk Pensioenfonds
pension funds
Uncategorised
EUR 13 million
30 June 2015
shares/bonds underwriter or manager - shares owned
source: FoE Europe report (November 2015)
AP4
pension funds
Uncategorised
EUR 1.35 million
June 2015
shares/bonds underwriter or manager - value of the shares it holds
source: FoE Europe report (November 2015)
CalPERs
pension funds
Uncategorised
EUR 14.22 million
June 2014
shares/bonds underwriter or manager - value of the shares it holds
source: FoE Europe report (November 2015)
Pensioen Fonds Zorg en Welzijn
pension funds
Uncategorised
EUR 6.56 million
December 2014
shares/bonds underwriter or manager - shares owned
source: FoE Europe report (November 2015)
TIAA-CREF
pension funds
Uncategorised
EUR 9.44 million
September 2015
shares/bonds underwriter or manager - value of the shares it holds
source: FoE Europe report (November 2015)

Note: In 2012 Norway's Government Pension Fund Global divested from Wilmar, after it revised its investment guidelines to include deforestation as a portfolio risk.

Sources mentioned above:

FoE Europe report (November 2015): The financing of Wilmar International – Update November 2015.

Friends of the Earth Commodity Crimes (November 2013): Commodity Crimes: Illicit land grabs, illegal palm oil, and endangered orangutans.

Related Dodgy Deals

Dodgy Deals are harmful projects or companies financed by banks. Find out more about Dodgy Deals.

Projects

There are no projects active for Wilmar Group now.
On record

Palm Oil Plantations in the Sambas District Indonesia

agriculture - palm oil

News

| |
Type:
Year:
blog
external news
our news

New report: Towards responsible and inclusive financing of the palm oil sector

2017-11-15 | Center for International Forestry Research (CIFOR), Profundo
blog
external news
our news

Major international banks and investors finance devastating impacts of forest-risk commodities

New report finds eight corporate giants in palm oil, pulp and paper, timber and rubber involved in social and environmental scandal; exposes financial banking
2017-04-24 | Tokyo | Rainforest Action Network
blog
external news
our news

Swiss banks bankrolling illegal deforestation in Africa and East Asia

2017-03-24 | Illegal Deforestation Monitor
blog
external news
our news

Wilmar grabbed indigenous lands in Sumatra, RSPO finds

The leader of the Kapa community said he hoped the palm oil giant would ‘quickly restore our right to the lands that it took without our consent.’
2017-02-16 | Mongabay
blog
external news
our news

Multi-billion euro investments out of control: How banks continue to finance violations of human rights and environmental norms

For the fifth consecutive year Facing Finance reports on violations of environmental and social norms and standards by multinational corporations, as documented by international NGOs.
2017-02-09 | Hamburg/Berlin | Facing Finance
blog
external news
our news

Wilmar fails to resolve conflicts with communities in West Kalimantan and West Sumatra

2016-02-23 | Forest Peoples Programme
blog
external news
our news

New poll: Australians draw the line at badly behaving banks

Oxfam Australia release "Still Banking on Land Grabs"
2016-02-15 | Melbourne | Oxfam Australia
blog
external news
our news

Indonesian peat fires linked to global palm oil companies and their financiers, Friends of the Earth report finds

2015-12-08 | Friends of the Earth
blog
external news
our news

Palm oil giant Wilmar resorts to dirty tricks

2015-07-07 | Forest Peoples Programme
blog
external news
our news

Palm oil regulator asked to investigate illegal land grabs by Wilmar Group supplier in Borneo

2015-06-01 | Farmlandgrab
blog
external news
our news

GAR, Wilmar punish palm oil supplier for clearing rainforest in New Guinea

2015-05-28 | Mongabay
blog
external news
our news

Ghosts of problems past and present loom over Nigerian palm oil plans

2015-05-28 | Mongabay
blog
external news
our news

Deforestation, exploitation, hypocrisy: no end to Wilmar's palm oil land grabs

2015-05-27 | The Ecologist
blog
external news
our news

Pupuk Indonesia Needs $534m for Merauke Food Estate

2015-05-18 | Jakarta Globe
blog
external news
our news

Petition - Moratorium for the Leuser Ecosystem

2015-05-12 | RAN
blog
external news
our news

Wilmar, Musim Mas supplier caught clearing elephant habitat for palm oil in Aceh

2015-05-12 | Mongabay
blog
external news
our news

Palm giants ask Indonesian gov't to clear path toward sustainability

2015-05-01 | Mongabay
blog
external news
our news

Criticism of GAR and Wilmar African oil palm projects highlight global ‘no-deforestation' challenges

2015-04-16 | Mongabay
blog
external news
our news

Blockade at Wilmar mill could erupt into full-blown strike

2015-04-03 | Mongabay
blog
external news
our news

Palm Oil King Goes From Forest Foe to Buddy in Deal With Critics

2015-03-13 | Bloomberg
blog
external news
our news

Ugandan farmers take on palm oil giants over land grab claims

2015-03-05 | The Guardian
blog
external news
our news

Ugandan oil palm project taken to court over land-grab claims

2015-02-19 | FoE
blog
external news
our news

UN, banks and oil palm giants feast on the stolen land of Uganda's dispossessed

2015-02-19 | The Ecologist
blog
external news
our news

Give us back our land: Ugandan oil palm project taken to court over land-grab claims

2015-02-19 | Kampala/Brussels/London | Anne van Schaik and Frank Muramuzi
blog
external news
our news

Into the Light

2015-01-27 | Scott Poynton
blog
external news
our news

Wilmar leads path to transformation - Palm oil giant opens its supply chain to customers and stakeholders, revealing unprecedented detail

2015-01-22 | TFT
blog
external news
our news

Salim preempts San Miguel, ties up with Malaysia’s Kuok

2014-11-24 | Farm Landgrab
blog
external news
our news

Nigeria's oil palm development: The potential and the threat

2014-11-11 | Farmlandgrab
blog
external news
our news

PZ-Wilmar JV calls for integration policy In palm oil sector

2014-11-04 | Farmlandgrab
blog
external news
our news

Lufwanyama headed for edible oil boom

2014-10-27 | Farmlandgrab.org
blog
external news
our news

'No forests, no cash': palm oil giants commit to sustainability, but will they follow through?

2014-10-21 | Mongabay
blog
external news
our news

Malaysian palm oil company destroys Borneo forests, despite buyer's zero deforestation commitment

2014-09-30 | Mongabay
blog
external news
our news

Palm oil companies say they'll put forest destruction on hold. But what happens next?

2014-09-25 | Greenpeace
blog
external news
our news

Plantation companies agree to process to define zero deforestation commitment

2014-09-17 | Mongabay
blog
external news
our news

Indonesia Lawmakers Draft Bill to Slash Foreign Ownership of Plantations

2014-08-15 | The Jakarta Globe
blog
external news
our news

Despite green pledge, Wilmar partner continues to destroy forest for palm oil

2014-06-12 | Mongabay
blog
external news
our news

Investors urge greater sustainability commitments from palm oil producers

2014-06-02 | UNPRI
blog
external news
our news

The broken promises of Wilmar and its financiers

2014-05-22 | Brussels/Berlin | Friends of the Earth Europe
blog
external news
our news

Deutsche Bank receives Black Planet Award at AGM

No sign of culture shift towards sustainability with Germany's largest bank
2014-05-22 | Frankfurt | urgewald, Facing Finance and FoE Europe
blog
external news
our news

Wilmar's 'no deforestation' goal could revolutionise food production

2014-01-29 | The Guardian
blog
external news
our news

IFC Ombudsman strongly criticises palm oil giant Wilmar for selling off PT Asiatic Persada in mid-mediation

2014-01-02 | FPP
blog
external news
our news

Sued for protesting against Wilmar’s refined destruction

2013-12-23 | World Rainforest Movement
blog
external news
our news

'Conflict or Consent?' Chapter 4: PT Permata Hijau Pasaman I and the Kapa and Sasak peoples of Pasaman Barat, West Sumatra

2013-12-13 | FPP
blog
external news
our news

Wilmar International Announces Policy to Protect Forests and Communities

2013-12-05 | Wilmar
blog
external news
our news

Major palm oil companies accused of breaking ethical promises

2013-11-07 | Guardian
blog
external news
our news

Palm oil is killing the Sumatran Tiger

2013-10-31 | Time Magazine
blog
external news
our news

Nigeria: Environmentalist threatened for his denounces against Wilmar’s oil palm plantations

2013-10-22 | World Rainforest Movement
blog
external news
our news

Nigeria: Wilmar, RRDC, and the Calaro/Ibiae Oil Palm Estates

2013-09-11 | World Rainforest Movement
blog
external news
our news

Nigeria: Wilmar, RRDC, and the Calaro/Ibiae Oil Palm Estates

2013-09-11 | World Rainforest Movement
blog
external news
our news

Our N10b Refinery Will Revolutionise Palm Oil Industry—PZ Wilmar

2013-06-06 | Leadership
blog
external news
our news

European banks fuel land-grabs in Uganda

2013-05-21 | Friends of the Earth Europe
blog
external news
our news

Norway's wealth fund dumps 23 palm oil companies under new deforestation policy

2013-03-11 | Mongabay
blog
external news
our news

Green Rankings 2012: Global Companies

2012-10-22 | Newsweek
blog
external news
our news

FACTBOX-Indonesia's palm oil tycoons drive investment spree

2012-07-15 | Reuters
blog
external news
our news

Wilmar destroys village in Sumatra

2011-08-10 | Rainforest Rescue
blog
external news
our news

Asia's Hungry Agribusinesses

2011-01-08 | Barron's
blog
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World’s biggest palm oil trader responsible for illegal logging and violating Human Rights

Rabobank and Standard Chartered main European financiers
2007-07-03 | Jakarta, Amsterdam | Milieudefensie

Documents

| | | | | | | | | | | |
Type:
Year:
ngo documents
2017-06-13 00:00:00

Japanese and Malaysian banks and investors continue to pump billions of dollars into forest-risk companies, without adequate environmental and social safeguards

2017-06-13 00:00:00 | RAN, TuK Indonesia & Profundo
ngo documents
2016-11-07 00:00:00

Protecting the Leuser Ecosystem

A Shared Responsibility
2016-11-07 00:00:00 | Rainforest Action Network
ngo documents
2016-01-28 00:00:00

The Maninjau Resolution

2016-01-28 00:00:00 | Forest Peoples Programme and other NGOs
ngo documents
2015-12-09 00:00:00

The financing of Wilmar International

A research paper prepared for Friends of the Earth Europe
2015-12-09 00:00:00 | Produndo
ngo documents
2015-06-15 00:00:00

EU Investors, Land Grabs and Deforestation: Case-Studies

Briefing note
2015-06-15 00:00:00 | Fern
ngo documents
2015-05-20 00:00:00

Golden Agri - Resources, the biggest buyer of CPO produced by a company that is relentlessly clearing HCS forests in Papua

2015-05-20 00:00:00 | Greenomics
correspondenceprivate
2015-04-09 00:00:00

Letter from FoE, BT to Chiba Bank on Wilmar

2015-04-09 00:00:00 | FoE, BT
correspondenceprivate
2015-04-09 00:00:00

Letter from BT, FoE to Mizuho on Wilmar

2015-04-09 00:00:00 | BT, FoE
correspondenceprivate
2015-04-09 00:00:00

Letter from BT, FoE to Aozora on Wilmar

2015-04-09 00:00:00 | BT, FoE
correspondenceprivate
2015-04-08 00:00:00

Letter from Foe, BT to Credit Suisse on Wilmar

2015-04-08 00:00:00 | Foe, BT
correspondenceprivate
2015-03-26 00:00:00

Letter from CPP to BT on Wilmar

2015-03-26 00:00:00 | CPP
ngo documents
2015-03-25 00:00:00

United Nations'2015 International Day of Forests Theme: “Forests / Climate / Change”.

2015-03-25 00:00:00 | World Rainforest Movement
correspondenceprivate
2015-03-18 00:00:00

Letter from HSBC to BT, FoE on Wilmar

2015-03-18 00:00:00 | HSBC
correspondenceprivate
2015-03-16 00:00:00

Letter from FoE, BT to Rabobank on Wilmar

2015-03-16 00:00:00 | FoE, BT
correspondenceprivate
2015-03-13 00:00:00

Letter from FoE, BT to BNP Paribas on Wilmar

2015-03-13 00:00:00 | FoE, BT
correspondenceprivate
2015-03-13 00:00:00

Letter from FoE, BT to Societe Generale on Wilmar

2015-03-13 00:00:00 | FoE, BT
correspondenceprivate
2015-03-12 00:00:00

Letter from FoE, BT to CIMB Group on Wilmar

2015-03-12 00:00:00 | FoE, BT
correspondenceprivate
2015-03-12 00:00:00

Letter from FoE, BT to Maybank on Wilmar

2015-03-12 00:00:00 | FoE, BT
correspondenceprivate
2015-03-12 00:00:00

Letter from FoE, BT to RHB Group on Wilmar

2015-03-12 00:00:00 | FoE, BT
correspondenceprivate
2015-03-11 00:00:00

Letter from FoE, BT to Bank of Communications on Wilmar

2015-03-11 00:00:00 | FoE, BT
correspondenceprivate
2015-03-11 00:00:00

Letter from FoE, BT to CCB on Wilmar

2015-03-11 00:00:00 | FoE, BT
correspondenceprivate
2015-03-11 00:00:00

Letter from FoE, BT to ICBC on Wilmar

2015-03-11 00:00:00 | FoE, BT
correspondenceprivate
2015-03-11 00:00:00

Letter from FoE, BT to Taiwan Business Bank on Wilmar

2015-03-11 00:00:00 | FoE, BT
correspondenceprivate
2015-03-10 00:00:00

Letter from FoE, BT to Westpac on Wilmar

2015-03-10 00:00:00 | FoE, BT
correspondenceprivate
2015-03-10 00:00:00

Letter from FoE, BT to Santander on Wilmar

2015-03-10 00:00:00 | FoE, BT
correspondenceprivate
2015-03-10 00:00:00

Letter from FoE, BT to Bangkok Bank on Wilmar

2015-03-10 00:00:00 | FoE, BT
correspondenceprivate
2015-03-10 00:00:00

Letter from FoE, BT to ABC on Wilmar

2015-03-10 00:00:00 | FoE, BT
correspondenceprivate
2015-03-10 00:00:00

Letter from FoE, BT to Bank of China on Wilmar

2015-03-10 00:00:00 | FoE, BT
correspondenceprivate
2015-03-09 00:00:00

Letter from FoE, BT to Lloyds on Wilmar

2015-03-09 00:00:00 | FoE, BT
correspondenceprivate
2015-03-09 00:00:00

Letter from FoE, BT to HSBC on Wilmar

2015-03-09 00:00:00 | FoE, BT
correspondenceprivate
2015-03-09 00:00:00

Letter from FoE, BT to DBS on Wilmar

2015-03-09 00:00:00 | FoE, BT
correspondenceprivate
2015-03-09 00:00:00

Letter from FoE, BT to UBS on Wilmar

2015-03-09 00:00:00 | FoE, BT
correspondenceprivate
2015-03-09 00:00:00

Letter from FoE, BT to ANZ on Wilmar

2015-03-09 00:00:00 | FoE, BT
correspondenceprivate
2015-03-09 00:00:00

Letter from FoE, BT to NAB on Wilmar

2015-03-09 00:00:00 | FoE, BT
correspondenceprivate
2015-03-09 00:00:00

Letter from FoE, BT to Barclays on Wilmar

2015-03-09 00:00:00 | FoE, BT
correspondenceprivate
2015-03-09 00:00:00

Letter from FoE, BT to CBA on Wilmar

2015-03-09 00:00:00 | FoE, BT
correspondenceprivate
2015-03-09 00:00:00

Letter from FoE, BT to Intesa on Wilmar

2015-03-09 00:00:00 | FoE, BT
correspondenceprivate
2015-03-09 00:00:00

Letter from FoE, BT to Pictet on Wilmar

2015-03-09 00:00:00 | FoE, BT
correspondenceprivate
2015-03-09 00:00:00

Letter from FoE, BT to Sumitomo Mitsui on Wilmar

2015-03-09 00:00:00 | FoE, BT
correspondenceprivate
2015-03-09 00:00:00

Letter from FoE, BT to UOB on Wilmar

2015-03-09 00:00:00 | FoE, BT
correspondenceprivate
2015-03-09 00:00:00

Letter from FoE, BT to TD on Wilmar

2015-03-09 00:00:00 | FoE, BT
ngo documents
2015-03-02 00:00:00

Initiating Coverage: Kuala Lumpur Kepong

2015-03-02 00:00:00 | Chain Reaction Research
correspondenceprivate
2015-02-25 00:00:00

Letter from AXA to Banktrack on Wilmar and PT SIL

2015-02-25 00:00:00 | AXA
correspondenceprivate
2015-02-25 00:00:00

Letter from FoE US to ABN Amro on Wilmar and PT SIL

2015-02-25 00:00:00 | FoE US
correspondenceprivate
2015-02-25 00:00:00

Letter from FoE, BT to ABN AMRO on Wilmar

2015-02-25 00:00:00 | FoE, BT
correspondenceprivate
2015-02-25 00:00:00

Letter from FoE US to Axa on Wilmar and PT SIL

2015-02-25 00:00:00 | FoE US
correspondence
2015-02-25 00:00:00

Letter from FoE US to banks on - annex 1, petition Wilmar and PT SIL (english)

2015-02-25 00:00:00 | FoE US
correspondence
2015-02-25 00:00:00

Letter from FoE US to banks on - annex 2, petition Wilmar and PT SIL (bahasa)

2015-02-25 00:00:00 | FoE US
correspondenceprivate
2015-02-24 00:00:00

Letter from FoE US to Citibank on Wilmar and PT SIL

2015-02-24 00:00:00 | FoE US
correspondenceprivate
2015-02-19 00:00:00

Letter from FoE to Credit Agricole on Wilmar

2015-02-19 00:00:00 | FoE
ngo documents
2015-02-16 00:00:00

Kuasa Taipan Kelapa sawit di Indonesia

in Bahasa Indonesia
2015-02-16 00:00:00 | TuK, Profundo
ngo documents
2015-02-16 00:00:00

Tycoon-controlled oil palm groups in Indonesia - Executive Summary

2015-02-16 00:00:00 | TuK, Profundo
ngo documents
2014-11-14 00:00:00

The last place on earth

Exposing the threat to the Leuser ecosystem
2014-11-14 00:00:00 | RAN
correspondenceprivate
2014-10-16 00:00:00

Letter from Wilmar to FoE on PT SIL

2014-10-16 00:00:00 | Wilmar
correspondenceprivate
2014-10-14 00:00:00

Letter from FoE to Wilmar on PT SIL

2014-10-14 00:00:00 | FoE
correspondenceprivate
2014-10-14 00:00:00

Letter from FoE to TFT on Wilmar and PT SIL

2014-10-14 00:00:00 | FoE
company documents
2014-09-24 00:00:00

Indonesia Palm Oil Pledge

2014-09-24 00:00:00 | GAR, Wilmar, Cargill, Asian Agri, Indonesia Chamber of Commerce and Industry
ngo documents
2014-09-23 00:00:00

The Green Tigers

Which Southeast Asian Companies Will Prosper in the New Age of Forest Conservation?
2014-09-23 00:00:00 | Forest Heroes
ngo documents
2014-09-22 00:00:00

WILMAR continues to engage with third party suppliers that dlear oragnutan habitat, forested deep peatlands and high carbon stock forests

2014-09-22 00:00:00 | Greenomics
ngo documentsprivate
2014-09-01 00:00:00

Tiger in your tank?

Destruction of Riau’s Bukit Batabuh tiger corridor for palm oil
2014-09-01 00:00:00 | Eyes on the Forest
ngo documents
2014-07-22 00:00:00

‘Busy years’ ahead until 2017!

Spending US$12 million on clearing Papua’s intact forest landscapes
2014-07-22 00:00:00 | Greenomics Indonesia
ngo documents
2014-07-14 00:00:00

YEARS of INVESTING DANGEROUSLY Dimensional Fund Advisors’ Ties to Palm Oil

2014-07-14 00:00:00
ngo documents
2014-06-11 00:00:00

As a strategic shareholder, is this in line with Wilmar’s No Deforestation Policy?

2014-06-11 00:00:00 | Greenomics Indonesia
other documents
2014-05-30 00:00:00

Sustainable Palm Oil Investor Working Group

2014-05-30 00:00:00
ngo documents
2014-05-13 00:00:00

Continuing to exploit and deforest

Wilmars ongoing business
2014-05-13 00:00:00 | Friends of the Earth
ngo documents
2014-05-01 00:00:00

Continuing to Exploit and Deforest

Wilmar's ongoing abuses
2014-05-01 00:00:00 | FoE Europe
ngo documents
2014-02-01 00:00:00

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
2014-02-01 00:00:00 | Greenpeace
ngo documents
2014-02-01 00:00:00

Procte & Gamble's Dirty Secret

2014-02-01 00:00:00 | Greenpeace
company documents
2013-12-27 00:00:00

Wilmar's "No Deforestation, No Peat, No Exploitation” policy

2013-12-27 00:00:00
ngo documents
2013-12-13 00:00:00

'Conflict or Consent?' Chapter 4: PT Permata Hijau Pasaman I and the Kapa and Sasak peoples of Pasaman Barat, West Sumatra

2013-12-13 00:00:00 | FPP
ngo documents
2013-11-22 00:00:00

Commodity Crimes: Illicit Land Grabs, Illegal Palm Oil and Endangered Orangutans (European version)

The Case of Bumitama Agri in West Kalimantan and its connection to global markets
2013-11-22 00:00:00 | Friends of the Earth Europe
ngo documentsprivate
2013-10-31 00:00:00

Issue brief: Wilmar International and its Financiers: Commitments and Contradictions

North version of Friends of the Earth issue brief on Wilmar financiers
2013-10-31 00:00:00 | Friends of the Earth US
ngo documents
2013-08-14 00:00:00

Oil palm plantations in Afrcia: past, present and future scenarios

2013-08-14 00:00:00 | Ricardo Carrere / World Rainforest Movement
ngo documents
2013-06-26 00:00:00

Tracking Illegal Oil Palm Fruit in Riau, Sumatra

2013-06-26 00:00:00 | WWF
ngo documents
2013-05-19 00:00:00

Wilmar International and its financiers

Commitments and contradictions
2013-05-19 00:00:00 | Friends of the Earth International
ngo documents
2013-05-16 00:00:00

Land grabbing for palm oil in Uganda

2013-05-16 00:00:00 | Friends of the Earth International
ngo documents
2013-05-15 00:00:00

The financing of Wilmar International

A research paper prepared for Friends of the Earth Europe
2013-05-15 00:00:00 | Profundo
ngo documents
2013-02-01 00:00:00

SEEDS OF DESTRUCTION

2013-02-01 00:00:00 | The Rainforest Foundation
ngo documents
2012-10-29 00:00:00

GREENPEACE SCORECARD ON PALM OIL PRODUCERS - Full Table of Company Responses

2012-10-29 00:00:00 | Greenpeace
ngo documents
2012-10-01 00:00:00

Scorecard on Palm Oil producers

2012-10-01 00:00:00 | Greenpeace
ngo documents
2012-09-14 00:00:00

Palm Oil's new frontier

How industrial expansion threatens Africa's rainforests
2012-09-14 00:00:00 | Greenpeace
ngo documents
2011-09-22 00:00:00

Land and Power

The growing scandal surrounding the new wave of investments in land
2011-09-22 00:00:00 | Oxfam, Grow
ngo documents
2010-06-02 00:00:00

Bankers on Tenterhooks - Climate change : co-funded by banks operating in Belgium

2010-06-02 00:00:00 | Netwerk Vlaanderen
ngo documents
2009-07-10 00:00:00

Raubbau fur Palmol

Wilmar and the palm oil mafia
2009-07-10 00:00:00 | Robin Wood
ngo documents
2008-04-30 00:00:00

Burning up Borneo

How Unilever palm oil suppliers are Burning up Borneo
2008-04-30 00:00:00 | Greenpeace
ngo documents
2007-07-31 00:00:00

Policy, practice, pride and prejudice

Review of legal, environmental and social practices of oil palm plantation companies of the Wilmar Group in Sambas District, West Kalimantan (Indonesia)
2007-07-31 00:00:00 | Milieudefensie, Lembaga Gemawan and KONTAK Rakyat Borneo
ngo documents
2007-07-13 00:00:00

Buyers and financiers of the Wilmar Group

2007-07-13 00:00:00 | Profundo

Media

Videos



Links

Palm oil leaks

Video interviews with people affected by Wilmar
http://palmoilleaks.org/

Global Forest Watch - Commodities

Great maps of deforestation and plantations
http://commodities.globalforestwatch.org/

Interactive map of Palm Oil in Africa

by the World Rainforest Movement
http://www.wrm.org.uy/Oil_Palm_in_Africa_map.html

Photos of Land grabbing in Uganda by Wilmar

by FoE
https://www.flickr.com/photos/foei/sets/72157629731045873

Wilmar on the Environmental Justice Atlas

http://ejatlas.org/company/wilmar-international

Greenomics Indonesia

http://www.greenomics.org

Forest Peoples Programme: profile on Wilmar

http://www.forestpeoples.org/tags/wilmar-international
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