Meanwhile, April Group, a member of the RGE group of companies, has chosen to focus on biodiversity. April announced on Oct 10 a five-year collaboration with the International Union for Conservation of Nature (IUCN) to expand conservation science and pilot a private sector guide to protecting species and ecosystems.
Two major players in Indonesia’s paper and pulp industry have announced conservation and restoration campaigns just two days apart. But with increasing scrutiny on the forestry sector and countries’ national climate targets, it remains to be seen how their commitments will play out in the coming years.
Asia Pulp & Paper (APP) Group, a subsidiary of Sinar Mas Group, pledged on Oct 8 to invest US$300 million ($390 million) over the next 10 years to restore and conserve 1 million ha of forests and critical ecosystems across Indonesia. For scale, that is slightly more than 13 times Singapore’s land area.
