Financiers’ risks in the Indonesian pulp & paper sector

Group of CSOs and local communities from Riau, Jambi, North Sumatra, South Sumatra, West Kalimantan, North Kalimantan, Central Kalimantan and Merauke district (West Papua) planned a national action to stop deforestation and forest degradation caused by the pulp & paper industry. The fundamental goal of this national action is to achieve good governance in timber plantations for pulp & paper industry that stop deforestation and respect local community rights.

TuK Indonesia, as one of the CSOs that collaborate in this national action, has asked Profundo to provide research and analysis to support this national action, especially for advocacy toward the financial institutions.

This report is well the result of the research and analysis on the major company groups active in the Indonesian pulp & paper sector and the financial risks in their businesses relevant to this sector.

These companies are:

• Alas Group;

• Asia Pulp & paper (APP);

• APRIL Group;

• Djarum Forestry;

• Kertas Nusantara;

• Korindo Group;

• Marubeni Corporation; and

• Oji Holdings Corporation.

Download Financiers’ risks in the Indonesian pulp & paper sector