Korindo News Update: Eco & Business Insights of Korindo Group
Did you know Korindo Group employs over 30,000 people directly? It also helps hundreds of thousands more indirectly. This shows the huge impact Korindo Group has in Indonesia. As we look at the latest news, we see Korindo Group growing while caring for the planet.
Mr. Eun Ho Seung, Korindo Group’s chairman, has led the company to success. He believes in unity and communication. He uses the “Green Tomorrow” bulletin to keep everyone working together.
Korindo Group focuses on eco-friendly projects and helping the community. They plant trees and support local wildlife. This shows their commitment to being responsible and helping the economy in Indonesia.
Keep reading to learn more about Korindo Group’s efforts. We’ll share updates on their journey towards a sustainable future.
Sustainable Business Practices of Korindo Group
The Korindo Group is a leader in making business and the environment work together. They focus on growing the economy and protecting the planet. Their work in palm oil, timber, rubber, paper, and renewable energy shows their commitment to being eco-friendly.
They aim to leave the world a better place. This shows their dedication to a sustainable business model.
Commitment to Environmental Preservation
Korindo Group is serious about saving the environment. They have many projects and follow global standards. They make sure to avoid cutting down forests and protect peatlands.
They also focus on sustainable forestry. This means they care about habitats and replanting trees. They join schemes like the Roundtable on Sustainable Palm Oil (RSPO) to show they are serious about being green.
Achievements in Sustainability
Despite the issues, Korindo has made big strides in being green. One big win was getting the Indonesia Sustainable Palm Oil (ISPO) certification. This is a big deal for them, especially since they’re the first in Papua to get it.
This shows Korindo’s hard work in making palm oil production better for the planet. They keep trying to do better for the environment.
- Korindo invests in research to make their business more efficient and green.
- They work with local people to improve education, health, and living conditions.
- They are open about how they do things. They share reports on their green efforts and how they affect the environment.
Korindo is always in the news for good reasons. They show how to run a business that cares about the planet. They face tough challenges but keep working towards a greener future.
Korindo’s Contributions to Biodiversity Conservation
Korindo Group has made big steps in saving biodiversity through reforestation. They focus a lot on planting trees all over Indonesia.
Tree Planting Initiatives
We’re working hard to save biodiversity by planting trees. We’ve given out thousands of seedlings in Jakarta’s parks. Our team, students, and community leaders are all involved.
By planting over 226,000 trees, we want to make urban forests better. Events like the Ciliwung Cleaning Action help us protect Indonesia’s nature.
Support from the Indonesian Government
The Indonesian government sees the value in our work and supports us. Our efforts match the country’s goals on climate change, like the FOLU Net Sink 2030 strategy. Korindo’s efforts are praised by the government for saving biodiversity.
Working together with the government makes our efforts more effective. This helps keep the environment healthy for a long time.
Korindo News: Latest Updates and Developments
Korindo Group is making big moves in their business and environmental efforts. The latest *korindo news today* shows the company’s shift towards sustainability and responsibility. These updates are key to understanding Korindo’s growth.
The company has put a hold on new land use in their palm oil operations. This includes 40,500 hectares, split between PT Papua Agro Lestari and PT Gelora Mandiri Membangun. Three subsidiaries under PT Tunas Sawaerma have also stopped new land use.
Corporate Social Responsibility (CSR) Initiatives
At Korindo Group, we focus on making a positive impact in Indonesian communities. We support community development and educational support to help people grow and thrive. Our goal is to leave a lasting, positive change.
Community Development Projects
We work hard to improve life for local people through various projects. We help with fish farming, poultry farming, and growing vegetables. By supporting small businesses in Papua, we help the local economy grow.
Health and welfare are key for us. We’ve built health clinics to offer free care and run health campaigns. This ensures people get the medical help they need and learn about staying healthy.
We also care about the environment. We plant trees and clean up to keep cities green. Our efforts help with projects like the Hutan Kota Pondok Rajeg.
Educational Support Programs
Education is crucial for progress, and Korindo Group is committed to helping students. Through Yayasan Korindo, we’ve given out over Rp 6.9 billion in scholarships to 2,652 students since 1998. This helps remove barriers to education and supports sustainable growth.
We also focus on early childhood education. We provide educational materials and teacher training. This ensures kids get a strong start in their learning journey.
We also tackle malnutrition to help students learn better. Good nutrition is key for effective studying.
| Initiative | Details | Impact |
| Community Health Clinics | Offering free healthcare services in operational areas | Improved health and awareness in local communities |
| Scholarship Program | Rp 6.9 billion in scholarships to 2,652 students | Enhanced educational access and sustainable development |
| Environmental Initiatives | Tree planting and urban forest maintenance | Improved environmental sustainability and green spaces |
| Support for Small-Scale Industries | Assistance in fish farming, poultry farming, vegetable cultivation | Boosted local economies and self-sustainability |
Addressing Environmental Concerns
Many industries face big environmental worries, and the Korindo Group is at the center of these issues in Papua. They’ve been criticized for their deforestation, leading to big reactions from groups and shoppers.
Consumer Attitudes Towards Sustainable Practices
People are changing how they see sustainable products, especially in palm oil. Surveys by GlobalData show more want products that are made right. This push for better practices is making companies like Korindo rethink their ways.
Korindo Group’s Economic Contributions
The Korindo Group has made a big impact on the economy, especially in Indonesia. They have helped create jobs and boost economic growth through their work.
Employment Creation in Indonesia
The Korindo Group has greatly increased employment in Indonesia. They have over 30,000 employees across various sectors like manufacturing and forestry. Their work also creates jobs in waste management and other areas.
For example, their bioconversion waste plants process a lot of waste every day. This not only helps the environment but also creates jobs. In Lombok, West Nusa Tenggara, they have a plant that shows their commitment to both the environment and the economy.
Awards and Recognitions
Korindo Group’s efforts have earned them many awards. Their Paper Division is praised by the UN Environment Programme for being eco-friendly. They are also Southeast Asia’s largest newsprint supplier.
Their Wind Tower facility is another example of their innovation. It produces over 3,000 towers, delivering 6 gigawatts of energy worldwide. Their commitment to quality and sustainability is shown through their ISO certifications.
| Division | Achievement | Capacity |
| Paper Division | UNEP Recognition | 330,000 MT/year |
| Wind Tower Facility | ISO Certifications, 6 GW produced | 500 towers/year |
| Bioconversion Plant at Cibubur | 1 ton/day waste processing | N/A |
| Bioconversion Plant in Lombok | Funded by Korindo Foundation | 4 tons/day waste processing |
Innovative Measures for Sustainable Growth
Korindo Group is all about finding a balance between making money and saving the planet. We use new and smart ways to grow while taking care of our environment. This approach helps us use natural resources wisely and grow for the long term.
We know that growing sustainably is key to our success and being a good neighbor in Papua. We bought a lot of land, almost as big as Seoul, between 2009 and 2014. These actions show we’re serious about being green.
Our hard work has paid off. We have a big business with over $1 billion in sales, thanks to our innovative ideas and focus on sustainability. But, we know we must keep finding ways to make money without harming the environment.
By focusing on being green and growing smartly, we aim to turn these challenges into successes. We want to create a better, greener future for everyone.
Korindo’s Future-Forward Vision
Korindo is committed to a future where technology and the environment work together. We aim to create a business world that is both eco-friendly and tech-savvy. Our vision is to lead in sustainability and innovation.
Long-Term Environmental Goals
We are dedicated to achieving tough environmental goals. Our strategy includes reducing deforestation, improving biodiversity, and ensuring fair resource use. We’re making progress in Indonesia’s Papua province, addressing historical issues and setting new sustainability standards.
- Reducing forest clearing through better conservation.
- Using advanced methods to lessen environmental harm.
- Improving the lives of indigenous communities and fair compensation.
Our company, PT Tunas Sawa Erma, has made big strides. It has stopped forest clearing in 25,000 hectares, following a strict policy. These actions show our ongoing effort to balance business with sustainability.
Technological Innovations
Technology is key to our future vision at Korindo. We’re using the latest tech to make our operations more sustainable and efficient. The launch of the Korindo Innovation School shows our commitment to preparing our team for a tech-driven world.
- Using advanced monitoring for sustainable forestry.
- Creating green technologies to cut carbon emissions.
- Boosting digital skills and innovation in our projects.
We’re also adopting new farming methods that use resources wisely and harm the environment less. By using data and remote sensing, we aim to make our plantations more sustainable. This will help create a greener future for everyone.
Korindo is focused on the future, combining environmental goals with technology. As we progress, these values will guide us towards a better, more sustainable future.
Impacts of Global Trends on Korindo’s Business
It’s key to understand how global trends affect Korindo’s work. The focus on green living and fair trade has grown, especially since the pandemic. This change makes companies like Korindo work harder to be open and follow green rules.
