Indofood Agri tracking hotspots, says no legal notices received over haze
The company’s defensive stance echoes rebuttals from other Singapore-listed palm oil players under scrutiny.
Indofood Agri Resources declares continuous monitoring of hotspots on its plantations to prevent fires that contribute to transboundary haze. The company confirmed in a filing to the Singapore Exchange on October 18 that it has not received any allegations or notices related to the haze from government authorities or the media. This statement comes as Singapore's National Environment Agency issued legal demands to seven Indonesian forestry and agriculture companies, requiring preventive action plans.
SGX had previously warned companies about potential regulatory action for non-compliance with disclosure obligations. Indofood Agri noted that small-scale hotspots appeared within its subsidiary's concessions, but claimed these were quickly extinguished by specialized teams, attributing the lack of impact to its zero-burning land clearing policy and daily tracking.
The company updates its internal mobile app with fire incident reporting and complies with Indonesia's 2025 regulations mandating fire brigades and management plans. Despite these measures, Indofood Agri stated that the haze crisis has not affected its operations, finances, or reputation. The haze issue has prompted similar denials from other major Singapore-listed palm oil companies, such as First Resources and Bumitama Agri, who also attribute hotspots to external fires and El Nino's dry conditions.
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