Sukanto Tanoto, whose net worth is estimated at USD 1.3 billion, has accumulated half a century of entrepreneurship experience and is recognised as a visionary business leader in the industry. Almost equally as long as his business endeavours is his philanthropic work, which has consistently run parallel to each project and operation.
A new article recently covered the evolution of Tanoto Foundation. When Sukanto Tanoto achieved early success in his business, he visited a rural town in Besitang, Indonesia, and noticed the poor educational standards and infrastructure in the area. Sukanto decided that creating jobs in a town alone is not enough to raise the quality of life. Having never had the opportunity to continue his own education, which resulted in early struggles, Sukanto felt that education standards should at least be improved, so that improvements in quality of life for the community can be continuous and sustained.
As part of Tanoto Foundation's RMB 100 million sponsorship of the the Belt and Road Initiative (BRI), the International Masters in Public Administration (IMPA) class kicked off the academic year with an opening ceremony at Tsinghua University on Sep 29, 2018. This development is yet another step in Tanoto Foundation's support of strengthening relations between Belt and Road nations, as they seek mutually beneficial outcomes for their economies, industries and cultures.
Tanoto Foundation, founded by Sukanto Tanoto and Tinah Bingei Tanoto, came up with an excellent and impactful activation campaign at the recent 2018 Asian Games in Jakarta and Palembang. The campaign sought to tie success with progress, champions of today and the champions of tomorrow - the One Gold One Library or #1Emas1Perpustakaan campaign. Held Aug 18 to Sep 2, 2018, the Asian Games not only brought together athletes from many Asian nations for 2 weeks of competition and friendship, but rallied and catalyzed support and action toward a brighter and promising future for Indonesia.
Sateri has released its 2017 sustainability report, documenting the policies, practices and achievements as the global leader in viscose rayon strives to do what is good for the community, country, climate and its customers.
Asia Pacific Rayon (APR) has become the newest business group to be managed by RGE. Based in Riau, Indonesia, APR will seamlessly source dissolving pulp from co-located RGE pulp and paper business group APRIL to produce viscose fibre. APR’s mill has an initial annual production capacity of 240,000 tonnes and is set to commence production later this year.
Apical Group, one of Indonesia’s largest exporters of palm oil, released its 2017 Sustainability Report, which highlights efforts at working with its network of stakeholders to innovate, develop collective understanding, harness synergies and accelerate progress.