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Indonesia: Despite green pledge Wilmar continues destroy forest for palm oil

2014-06-12 22:07:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Two palm oil companies partially owned by Wilmar are continuing to destroy rainforests in Indonesia despite a high profile zero deforestation pledge, alleges a new report published by Greenomics. The report, titled As a strategic shareholder, is this in line with Wilmars No Deforestation Policy?, looks at recent activities by PT Sawindo Cemerlang and PT Sawit Tiara Nusa, companies owned by the Kencana Agri Group Ltd. Wilmar holds a 20 percent stake in Kencana Agri, according to financial filings....

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