- 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.
- - Read this at SGinvestors.io -
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).
- - Read this at SGinvestors.io -
37,554 ha or 16% of total set aside for conservation
- Read more at SGinvestors.io.
Above is the excerpt from report by Maybank Research.
Clients of Maybank Securities may be the first to access the full report in PDF @ https://www.maybanktrade.com.sg/.
Ong Chee Ting CA Maybank Research | https://www.maybank-ke.com.sg/ 2024-05-31
Read also Maybank's most recent report:
2024-08-14 Bumitama Agri 1H24 Results - Within Expectations; High Dividend Yield Of Above 6.5% Still Its Key Attraction.
Price targets by other brokers at Bumitama Agri Target Prices.
Listing of research reports at Bumitama Agri Analyst Reports.
Relevant links:
Bumitama Agri Share Price History,
Bumitama Agri Announcements,
Bumitama Agri Dividends & Corporate Actions,
Bumitama Agri News Articles
