Bumitama Agri - Maybank Research 2024-05-31: Targets Net Zero By 2060; ESG Score Above Average

• We rate Bumitama Agri (SGX:P8Z)’s ESG 2.0 score to be above average at 68 (out of 100) due to its comprehensive disclosures and commitments (including net zero by 2060) relative to peers. We witnessed steady progress in its “E” initiatives, and commendable “S” practises over the years.
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Growing its RSPO certification steadily

• Bumitama Agri’s annual production of RSPO CSPO was 346,466t last year, a 46% increase from 2020. As COVID-19 pandemic has caused some delay in its quest to complete its RSPO certification, Bumitama Agri has now revised its target to be 100% RSPO-certified for all units and mills by 2025 (previously 2024).
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37,554 ha or 16% of total set aside for conservation

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Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.

Read also Maybank's most recent report:
2025-11-14 Bumitama Agri - Downgrade To HOLD Due To Limited Upside.

Previous report by Maybank:
2025-08-12 Bumitama Agri - Attractive Net Dividend Yields Of Above 7% On Higher DPR Of 60%.

Price targets by 3 other brokers at Bumitama Agri Target Prices.

Listing of research reports at Bumitama Agri Analyst Reports.

Relevant links:
Bumitama Agri Share Price History,
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Bumitama Agri Dividend Payout Dates & Corporate Actions,
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