At the same time, Golden Agri-Resources’ subsidiaries are facing governance problems related to deforestation and human rights abuses. A 2018 report by Friends of the Earth describes environmental and human rights abuses in Liberia by Golden Veroleum Liberia and its primary investor, Golden Agri-Resources.
Also in 2018, the Indonesian Corruption Eradication Commission arrested seven executives for bribery – including three executives from Golden Agri-Resources subsidiaries in the palm oil business. The alleged illegal activities also include dumping of palm oil processing waste into water systems causing significant harm.
Golden Agri-Resources is a member of the Roundtable on Sustainable Palm Oil. In 2014, Golden Agri-Resources endorsed the New York Declaration on Forests. Its top shareholder is Golden Moment, while Vanguard, BlackRock, Dimensional, and Robeco are among the top 10 owners.