Wilmar – Green Tigers Index Rankings

2019 PALM OIL SCORE

68

Wilmar International controls a 327,036 ha landbank and 45 percent of the global palm oil trade. The U.S. company ADM has a 25 percent stake in Wilmar, and ADM’s CEO sits on Wilmar’s Board. Wilmar also shares a board member with and owns 20 percent of Kencana Agri, another Singapore-based palm oil company with a landbank of 187,281 ha.

On the one hand, Wilmar has taken several steps to improve its sourcing and increase traceability and transparency in its supply chains. In December 2013, it announced a comprehensive NDPE policy that required its suppliers to immediately cease any development of High Conservation Value and High Carbon Stock areas and of peat, regardless of depth. Then, in January 2014, Wilmar took a major step towards making its supply chain transparent to the public by becoming the first trader to establish an online dashboard showing information about all the company’s palm oil suppliers in Indonesia and Malaysia. Finally, Wilmar’s policy applies to all the commodities in which it trades. Wilmar has partnered with The Forest Trust to implement its policy.

On the other hand, Kencana Agri has recently engaged in deforestation in Sulawesi. Previously, in June 2018, Greenpeace and Chain Reaction Research both published reports linking Wilmar’s executives to ongoing deforestation via direct and material financial relationships. More recently, Wilmar has purchased palm oil from Peputra Group, whose plantations have cleared land for development.

In 2014, Wilmar endorsed the New York Declaration on Forests.

See all of the rankings of major palm oil and soy companies on their adherence to forest conservation requirements on the Green Tiger and Green Jaguar index.