Astra Agro Lestari
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| Company type | Public |
|---|---|
| IDX: AALI | |
| Industry | plantation |
| Founded | 1981 |
| Headquarters | Jakarta, Indonesia |
Area served | Indonesia |
| Products | Palm oil |
| Revenue | Rp 14.12 trillion (2016) |
| Rp 2 trillion (2016) | |
| Total assets | Rp 24.226 trillion (2016) |
Number of employees | 35,400 (2016) |
| Parent | Astra International[1] |
| Website | www |
Astra Agro Lestari Tbk. (AAL) is the second biggest palm oil company in Indonesia. It is a subsidiary of PT Astra International Tbk. At least in 2004, it controlled extensive land banks.[2] It has two concessions on peatlands in Riau, with an estimated total area of 20,000 hectares.[3]
AAL is Indonesia's second largest palm oil company and according to FIDH, "supplies Crude Palm Oil (CPO) through its mills to various consumer companies, including Procter & Gamble, Hershey's, Kellogg, Unilever, Mondelēz, Colgate-Palmolive, PepsiCo, and Nestlé, amongst others."[4]
According to Greenpeace, 2007, it has seven concessions on peat in Central Kalimantan.[5] Greenpeace also reported hotspots on five Astra Agro concessions in Riau, two of which were on peatlands.[6] Joko Supriyono was or is a director at Astra Agro and secretary of a palm oil industry lobby group.[7] He said companies had no choice, but to continue establishing plantations on restricted areas.[8]
The company was listed on the Indonesia Stock Exchange in 1997.
