This implementation of moratorium is in strict accordance with recent developments in Indonesia in relation to the national forest conservation agenda, and including the national moratorium announced on new concessions. We will actively engage with the Company’s stakeholders in consultation sessions, which include local and national government, employees, business partners and the local communities at the operational area. The feedback and findings from these sessions will subsequently aid in reviewing the current sustainability policies, and in validating the result of HCV and HCS studies prior to its implementation in our concessions.

PT. Tunas Sawa Erma has been always and will be committed to sustainable palm oil production, including reduction of greenhouse gas emissions. We are committed to ensure that our palm oil products are produced in an environmentally-sustainable and socially-responsible manner. Most importantly, we are taking our best efforts to make positive impacts by improving stakeholders’ livelihoods, respecting traditional cultures and ensuring national and global supply of high quality palm oil.[/vc_column_text][/vc_column][/vc_row]

We formally inform that Tunas Sawa Erma Group (PT Tunas Sawa Erma, PT Berkat Cipta Abadi, and PT Dongin Prabhawa), has obtained the Final Report of the Assessment and Identification on High Conservation Values (HCV) and High Carbon Stock (HCS) in cooperation with a licensed assessor from Bioref of the Faculty of Forestry of IPB.

Furthermore, we will conduct a Peer Review on the Final Report by a Licensed Assessor and accept feedbacks and corrections to improve the document.

As for PT Tunas Sawa Erma (Block A), we have submitted the Final Report of HCV to the HCV Assessor and have conducted a Peer Review on January 15-17th, 2017. Moreover, we are working to improve the Peer Review result.

All the assessment and identification of HCV in our plantations are conducted based on the Principles and Criteria of ISPO, as well as High Conservation Values Identification Guidelines drafted by the Consortium of Indonesian HCV Toolkit Revision 2008 and the General Guidelines of HCV by HCV RN 2013.

We work and strive to ensure that our palm oil products are produced in a sustainable and socially responsible manner. Most importantly, we take on the best effort to make a positive impact by improving the livelihoods of the stakeholders, respecting the traditional cultures and ensuring the high quality of crude palm oil supply nationwide and globally.