Singapore palm oil giant First Resources linked to Indonesian deforesters
Environmental groups uncovered evidence linking Singapore's First Resources to Indonesian suppliers involved in deforestation, despite previous company denials.
Two environmental groups have uncovered evidence connecting Singapore-based palm oil giant First Resources to Indonesian suppliers involved in deforestation. According to reports, the operational, commercial, personnel, and logistical links persist despite previous company denials to investors and corporate clients regarding these connections. First Resources, recognized as one of the world's largest palm oil producers, has faced ongoing criticism regarding transparency within its supply chains. The findings indicate that the firm may have concealed business ties to circumvent environmental standards.
Sources: ICIJ