| Date |
Progress |
| May 2017 |
Rainforest Foundation Norway and Aidenvironment report titled, “Nordic investments in banks financing Indonesian Palm Oil”. The report alleged peatland clearance by Bumi Perkasa Gemilang (BPG). |
March 2018
|
Chain Reaction Research article titled, “Tunas Baru Lampung: Contested land and peat clearing could drive substantial value loss” which alleged BPG of deforesting and converting peat. |
| TBL issued a statement refuting the allegations in the Chain Reaction Research article, stating that the article contains inaccuracies. |
April 2018
|
The management team clarified on the points raised in the Chain Reaction Research report, as reflected in the statement published in March 2018. |
| July 2018 |
Our last purchase was in July 2018. |
| August 2018 |
TBL admitted to clearing peat land in PT SJP and PT Bumi Perkasa Gemilang until end-2016. |
