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A new chapter for agribusiness is unfolding. The industry is moving faster, with rising expectations around sustainability, quality, safety, and innovation.
In his message from the Sustainability Report 2025, our chairman lays out how this is our opportunity to keep building a business that stays resilient, relevant, and rooted in purpose.
An opportunity to lead with clarity, innovation, and purpose
Dear Partners, Stakeholders, and Employees,
2025 was a strong year for the palm oil sector and for our business. Markets evolved, regulations shifted, and geopolitical uncertainty persisted, but our palm oil business held steady. Prices remained competitive, and supply conditions improved as Indonesia’s production recovered. Periods like this reaffirm that sustainable growth is defined not only by scale, but by the strength and direction of our strategy.
At GAR, we focus on growing with purpose, making decisions that strengthen our business, deepen trust, support our partners, and stand the test of time.
That focus guided us throughout 2025.
Strength despite uncertainty
In 2025, together with GAR, we delivered a strong performance despite the uncertain backdrop.
Revenue rose 19% to US$12.95 billion, supported by both higher volumes and prices. EBITDA grew 14% to US$1.26 billion, with margins remaining healthy.
On the ground, progress was steady. Palm product yields reached 5.0 tonnes per hectare, among the highest in the industry, driven by better agronomy and continuous improvements in the field.
And, with our support, 1,095 farmers gained RSPO certification in 2025, lifting their incomes through more sustainable farming practices.
Much of our strength comes from the breadth of what we do. With operations across upstream, downstream, and trading, we can adapt quickly, manage costs, and capture opportunities across diverse markets.
Even in a complex operating environment, we continued to expand our global reach. In 2025, we entered new markets and strengthened distribution, including a new animal feed partnership in North America. This reinforces our role as a reliable and trusted global partner.
At the same time, we are preparing for what comes next. Replanting with higher-yielding materials and investing in precision agriculture are strengthening our foundation for sustainable and inclusive growth.
Meet Risniati Tarigan
Mother. Fresh Fruit Bunches (FFB) Trader. Leader.
Alongside two fellow FFB traders, she led the CV Perangin-Angin Group (PAG) in Aceh, Indonesia, bringing several hundred smallholders together on the journey towards official RSPO smallholder group certification.
Read her story here.
Managing our impact – collectively
As expectations change, so must our strategy.
Since 2015, our Golden Agri-Resources (GAR) Social and Environmental Policy has guided how we operate. In 2025, we took the next step with the launch of Collective for Impact, a framework that further integrates sustainability into every part of our business.
Collective for Impact is built around three areas:
Sourcing Responsibly:
Commodity procurement that protects the planet, promotes fairness, and strengthens local communities.
Caring for our Planet:
Tackling climate change, protecting nature, and reducing waste.
Empowering People:
Helping communities thrive, protecting human rights, and making workplaces safer.
The idea behind it is straightforward: sustainability cannot sit on the sidelines. It has to shape how we make decisions, how we operate, and how we work with others.
This is a shared effort across teams, partners, and communities.
Strengthening supply chain resilience
99.8%
Traceability to Plantation
(Indonesia palm supply)
A strong supply chain depends on trust, transparency, inclusion, and productivity.
We continued to make good progress on traceability. In Indonesia, we have reached near-full traceability to plantation including smallholders. Globally, we continued to strengthen our traceability and sourcing across palm and other key commodities.
We also raised our sourcing standards through our new Responsible Agri Sourcing Commodity Policy, which now extends across more commodities and regions.
In parallel, we are taking practical steps to reduce our environmental impact. We expanded methane capture in our mills and began construction of a biomass boiler in our downstream operations. These efforts not only reduce emissions across our value chain but also make better use of our own resources.
People remain at the centre of this system. Smallholders play a critical role, and through our Sawit Terampil programme, we reached 11,250 farmers this year. More of them are now adopting sustainable practices and achieving RSPO certification as a result.
We are deeply committed to supporting communities. We want to help create meaningful opportunities so that people can build better futures, for themselves and those around them. Through our Bright Future Initiative, we continued supporting local communities and youth development. We worked with 182 villages, supporting 280 community projects and 163 small businesses. These programmes help build stronger, more resilient local economies.
The people helping communities grow with purpose
The Bright Future Initiative comes to life through teams who work closely with local communities every day. Faisal helps young people build confidence and practical skills for the future, while Ica partners with rural women to strengthen livelihoods rooted in local traditions and entrepreneurship.
Discover their stories here:
Innovating to manage instability
Climate change continues to shape agriculture in real ways, through higher temperatures, shifting rainfall patterns, and extreme weather events.
We are responding by investing in innovation to mitigate our impact and adapt our business model. Our dedicated research teams continue to develop planting materials that are more resilient to climate stress, pests, and disease.
In November 2025, our SMART Research Institute reached an important milestone with the launch of DxP Dami Mas MTK, the first oil palm seed in Indonesia approved for strong performance under drought conditions. This secures yields while directly addressing growing climate risk.
With more than 1,800 mother palms tested, over 40,000 seedlings screened, and 120 hectares of trials, this seed is built on years of dedicated research.
The path forward
Agribusiness is entering a new phase, where traditional assumptions of slow movement and conservatism no longer hold. The sector faces many of the same challenges as others, but with heightened expectations around sustainability, quality, and safety, and an increasing demand for faster change. In this environment, we see an opportunity to lead with clarity, innovation, and purpose.
Our path forward is clear: to drive greater productivity from existing land, responsibly and with sustainability at the core of how we manage risk, unlock opportunity, create better products, and ensure long-term resilience. We will continue to strengthen how we operate and invest in solutions that matter.
Progress is built through strong partnerships and shared commitment. We thank our employees, business partners, and stakeholders for their continued trust and support on this journey.
Together, we go far, fast, towards a strong and sustainable future.
