Astra Agro Lestari
Astra Agro Lestari (AAL) is the second biggest palm oil company in Indonesia. It is a subsidiary of PT Astra International Tbk. At least in 2004, it controlled extensive land banks. It has two concessions on peatlands in Riau, with an estimated total area of 20,000 hectares.
| Company type | Public |
|---|---|
Traded as | IDX: AALI |
| Industry | plantation |
| Founded | 1981 |
| Headquarters | Jakarta, Indonesia |
Area served | Indonesia |
| Products | Palm oil |
| Revenue | Rp 14.12 trillion (2016) |
Net income | Rp 2 trillion (2016) |
| Total assets | Rp 24.226 trillion (2016) |
Number of employees | 35,400 (2016) |
| Parent | Astra International |
| Website | www |
AAL is Indonesia's second largest palm oil company and according to FIDH, "supplies Crude Palm Oil (CPO) through its mills to various consumer companies, including Procter & Gamble, Hershey’s, Kellogg, Unilever, Mondelēz, Colgate-Palmolive, PepsiCo, and Nestlé, amongst others."
According to Greenpeace, 2007, it has seven concessions on peat in Central Kalimantan. Greenpeace also reported hotspots on five Astra Agro concessions in Riau, two of which were on peatlands. Joko Supriyono was or is a director at Astra Agro and secretary of a palm oil industry lobby group. He said companies had no choice, but to continue establishing plantations on restricted areas.
The company was listed on the Indonesia Stock Exchange in 1997.