Abiopharma

REA is principally engaged in the cultivation of oil palms in the province of East Kalimantan in Indonesia and in the production and sale of crude palm oil and crude palm kernel oil. Ancillary to these activities, the group generates renewable energy from its methane capture plants to provide power for its own operations and also for sale to local villages via the Indonesian state electricity company.

REA is committed to operating in a responsible and transparent manner and continually evaluates its approach to sustainability to ensure that the group addresses the risks and opportunities associated with its business and meets the evolving expectations of all stakeholders. The groups sustainability policies are publicly available and set the framework for its commitment to established base practices. Sustainability information is published each year in the annual report and further detailed information regarding the groups environmental and social performance, as well as the sustainability challenge, in accordance with the internationally recognized Global Reporting Initiative (GRI) standard is published on the groups website. This allows the groups sustainability performance to be compared with that of other oil palm growers and allows stakeholders to monitor the groups progress in meeting its sustainability commitments.

Each year the group participates in the Sustainable Palm Oil Transparency Toolkit (SPOTT) assessment by the Zoological Society of London (ZSL). SPOTT assesses palm oil producers, processors and traders on the transparency of their disclosures regarding policies, operations and commitments to environmental, social and governance (ESG) best practice. In the 2020 assessment, REA scored 79.8%, increased from 75.7% in 2019 and compared with an average score of 41.5% for the 100 palm oil companies assessed.

Additional info from OTC:
REA is principally engaged in the cultivation of oil palms in the province of East Kalimantan in Indonesia and in the production and sale of crude palm oil and crude palm kernel oil. Ancillary to these activities, the group generates renewable energy from its methane capture plants to provide power for its own operations and also for sale to local villages via the Indonesian state electricity company.

REA is committed to operating in a responsible and transparent manner and continually evaluates its approach to sustainability to ensure that the group addresses the risks and opportunities associated with its business and meets the evolving expectations of all stakeholders. The groups sustainability policies are publicly available and set the framework for its commitment to established base practices. Sustainability information is published each year in the annual report and further detailed information regarding the groups environmental and social performance, as well as the sustainability challenge, in accordance with the internationally recognized Global Reporting Initiative (GRI) standard is published on the groups website. This allows the groups sustainability performance to be compared with that of other oil palm growers and allows stakeholders to monitor the groups progress in meeting its sustainability commitments.

Each year the group participates in the Sustainable Palm Oil Transparency Toolkit (SPOTT) assessment by the Zoological Society of London (ZSL). SPOTT assesses palm oil producers, processors and traders on the transparency of their disclosures regarding policies, operations and commitments to environmental, social and governance (ESG) best practice. In the 2020 assessment, REA scored 79.8%, increased from 75.7% in 2019 and compared with an average score of 41.5% for the 100 palm oil companies assessed.