ANGLO-EASTERN PLANTATIONS PLC.
AEP.LSE | Growing of oleaginous fruits
Anglo-Eastern Plantations PLC is a holding company that, through its subsidiaries, is engaged in the cultivation of oil palm and the production of palm oil and palm kernel products. The company's operations are primarily located in Indonesia and Malaysia. It cultivates oil palm trees, processes the ...Show More
Better Health for All
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The company spent $1.8 million on healthcare expenses for full and part-time field workers in 2023, representing 0.485% of its $371.0 million revenue.
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It provides free comprehensive healthcare for all workers and their dependents, operates 19 clinics (out of 23 total) with qualified staff, and upgraded two clinics to serve surrounding communities.
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The company also operates 17 ambulances, organizes fogging for dengue prevention, and installs reverse osmosis water facilities for clean drinking water.
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The company mitigates environmental impact by capturing methane gas emissions from four mills, generating renewable energy, and reducing an estimated 52,000 mt of carbon dioxide per year.
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The company's products do not have addiction potential, nor is it involved in pharmaceuticals or clinical trials.
Fair Money & Economic Opportunity
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No evidence available to assess ANGLO-EASTERN PLANTATIONS PLC on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No evidence available to assess ANGLO-EASTERN PLANTATIONS PLC on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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The company has achieved 100% traceability to the farm or plantation level for all fresh fruit bunch (FFB) sources, including external and independent smallholders, as of 2020, and this was confirmed for the period of January to May 2024.
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Additionally, all suppliers are bound to the company's sustainability policy through a Supplier Code of Conduct
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, and supplier contracts clearly state required adherence to ethical guidelines.
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Honest & Fair Business
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Anglo-Eastern Plantations PLC's board composition in 2023 included five directors, with only two considered independent
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, resulting in 40% of directors free from material conflicts of interest
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. The company has a comprehensive anti-corruption and bribery policy, updated in 2020
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, which applies to all individuals worldwide across its subsidiaries
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. This policy prohibits facilitation payments and kickbacks
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, sets specific gift limits (e.g., USD 13 per annum in Indonesia)
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, requires third-party due diligence
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, and includes regular training and annual compliance acceptance
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. Additionally, a whistleblowing policy, effective since February 2020
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, applies globally
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, commits to protecting individuals from detrimental treatment for good faith reporting
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, and includes regular training
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, though its effectiveness is not publicly measured.
Kind to Animals
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No specific, measurable evidence was found in the provided articles to assess Anglo-Eastern Plantations PLC against the 'Kind to Animals' ethical value. The company's primary business of cultivating oil palm and producing palm oil does not directly involve animal testing, animal-derived ingredients, or animal agriculture operations, which are central to many of the defined KPIs. While the company undertakes sustainability efforts, such as identifying riparian reserves, High Conservation Value (HCV), and High Carbon Stock (HCS) areas
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, and implementing pest control using barn owls
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, the articles do not provide quantitative data on measurable biodiversity impact, species recovery, or habitat restoration metrics as required by the rubric for scoring.
No War, No Weapons
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The company's Code of Conduct is based on the United Nations Guiding Principles on Business and Human Rights
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, and it publicly supports and upholds these principles
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. However, the company explicitly states it lacks strong mechanisms to ensure strict compliance of its policies among external supply chain partners and contractors
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and does not conduct external checks
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, indicating uneven implementation.
Planet-Friendly Business
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Anglo-Eastern Plantations PLC states it is a "100% zero-waste mill operator," recycling and reusing all non-hazardous waste, and converting solid and liquid waste into fuel or organic fertilizer.
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The company reported no environmental compliance violations in 2023, with all six mills operating in compliance with PROPER criteria and certified to ISO 14001:2015.
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None of AEP's sites are located within areas of water stress.
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The company has adopted a No Deforestation, No Peat and No Exploitation (NDPE) policy since mid-2019
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, with a cut-off date of June 15, 2019
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, and has achieved 100% traceability of external Fresh Fruit Bunches (FFB) purchased.
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New developments are guided by the High Carbon Stock Approach (HCSA) and subjected to assessments.
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AEP has identified 5,158 hectares of riparian reserves, High Conservation Value (HCV), and High Carbon Stock (HCS) areas within its land
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, representing 4.03% of its approximately 128,000 hectares of planted area.
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The company is aligning with the Task Force for Climate-related Financial Disclosures (TCFD) guidelines
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and has conducted scenario analysis in line with TCFD expectations.
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AEP commits to a 20.5% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2019 baseline
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, but these targets are not stated as SBTi-validated.
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Respect for Cultures & Communities
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The company recruits approximately 16.13% of its workforce from local communities across its Putera North, Putera South, and Cenderung Manyvest estates.
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No cultural appropriation incidents have been reported.
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All sacred and customary lands are protected and preserved.
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A Standard Operating Procedure (SOP) for Land Dispute Resolution is available, and no cultural incidents have been reported.
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A standard grievance mechanism is available to individuals, workers, or communities in Bahasa Indonesia and English.
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While COVID-19 SOPs are available in Bahasa Indonesia, English, and Malaysian, a clinic suggested providing accompaniment for foreign workers who cannot speak local languages.
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Safe & Smart Tech
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The company states it complies with the Data Protection Act 1998, Privacy and Electronic Communications (EC Directive) Regulations 2003, and other applicable privacy laws
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. Users have the right to be provided with copies of their personal information (subject to a fee)
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, to ask for updates and corrections free of charge
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, and to opt out of marketing communications
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.
Zero Waste & Sustainable Products
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The company has implemented numerous waste reduction initiatives, including commissioning a biogas and biomass project in 2014
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, a fourth biogas plant in 2020
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, and a BioCNG plant in January 2024
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, which is estimated to reduce 52,000 mt of CO2 per year.
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It also invested in an effluent treatment plant
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and an oil recovery system.
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For hazardous waste, the company has eliminated highly toxic pesticides like Paraquat
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and does not routinely use WHO Class 1A or 1B pesticides.
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It details procedures for managing B3 waste
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and upgrades chemical stores and fuel tanks to meet ISO 14001 and PROPER standards.
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The company targets a minimum mill production efficiency of 110%
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, indicating 10% better material efficiency than the industry average.
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All suppliers are bound by the company's sustainability policy through a Supplier Code of Conduct
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, and the company provides technical assistance to help them adhere to these commitments.
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