Sustainability Governance

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News and Announcements

21 Oct 2024Permata Group received information from our buyers regarding alleged deforestation and peatland development by PT Uniseraya, a subsidiary of Panca Eka Group.
15 Nov 2024Panca Eka Group confirmed that PT Uniseraya had conducted land clearing on peatland for palm oil cultivation, converting an area claimed to be previously used for sago thus is technically not deforestation and not new conversion on peat.
Permata Group requested more detailed information and clarification to the inconsistencies between their claim and our analysis of their initial data
17 Dec 2024Panca Eka Group provided more information and documentation regarding their sago palm. However, more inconsistencies were found. Permata Group then request that Panca Eka Group issue a Stop Work Order, conduct an HCV-HCS assessment, and share their Rehabilitation/Recovery plans.
06 Jan 2025Permata Group encountered slow response from our engagement attempts but decided to grant more time for Panca Eka Group
24 Feb 2025Due to very slow response, Permata Group decided to place Panca Eka Group and all its subsidiaries on the No Buy list. Therefore, they are required to fulfill our Re-Entry Procedure before any future collaboration.
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