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[Inside RGE] Premium Sharing for the Benefit of Smallholders and Sustainable Palm Oil

By May 12, 2016No Comments

Managing 60,000 hectares or 40% of Asian Agri’s oil palm plantation land, smallholders remain central to Asian Agri’s ongoing drive to produce sustainable palm oil.

In addition to many existing successful smallholder-focused programmes, Asian Agri has taken the initiative to share with them profits from palm oil sales. The latest Premium Sharing session was held January 2016 and saw portions of 2014 profits totaling IDR 2 billion (USD 150,000) disbursed to 6 plasma smallholder estates (77 cooperatives).

The first Premium Sharing was held September 2014, and portions of 2013 profits for the sale of sustainable palm oil totaling IDR 2.2 billion (USD 165,000) were shared with 4 plasma smallholder estates (43 cooperatives).

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