Forests group halts plan to endorse Indonesian paper giant
Source: Associated Press
Forests group halts plan to endorse Indonesian paper giant
By STEPHEN WRIGHT
Today
JAKARTA, Indonesia (AP) — The main global group for certifying sustainable wood has suspended plans to give its influential endorsement to Indonesian paper giant Sinarmas after revelations it cut down tropical forests and used an opaque corporate structure to hide its activities.
The Forest Stewardship Council said Thursday that it had halted a process that could have enabled the Asia Pulp & Paper arm of Sinarmas to be readmitted to the organization.
The group said it is awaiting information from the conglomerate “related to its corporate structure and alleged unacceptable forest management activities” by companies thought related to it and wants full disclosure.
Three months ago, the council had sent a come clean ultimatum to Sinarmas, one of the world’s largest paper companies, and its billionaire Indonesian family owners.
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Read more: https://apnews.com/b7ae092927f543b2ab0740d4d08cdcd7/Forests-group-halts-plan-to-endorse-Indonesian-paper-giant
