Our Company

PT Astra Agro Lestari Tbk, or Astra Agro (“the Company”), is one of the initiators of the Indonesian palm oil industry. It was established on October 3, 1988, under the name PT Suryaraya Cakrawala, but the Company changed its name to PT Astra Agro Niaga in 1989. The Company, a subsidiary of PT Astra International Tbk (Astra), has also been in the business of managing tea and cocoa plantations in Central Java since 1990, and now the Company has focused on oil palm plantations.

To ensure business continuity, the Company regularly conducts replanting programs across all Astra Agro plantations to renew crops and enhance future palm oil yields. Currently, Astra Agro manages a total plantation area of 284,831 hectares, located all over the islands of Sumatra, Kalimantan, and Sulawesi. This area comprises 212,602 hectares of nucleus plantations and 72,229 hectares of plasma plantations.

In line with the Company’s mission to contribute to national development and prosperity, within 2022, the Company strengthened its commitment to sustainable governance by introducing the Astra Agro Sustainability Aspirations 2030 initiative. This initiative aligns with the Sustainable Development Goals (SDGs) and adheres to the principles of Environment, Social, and Governance (ESG). The Astra Agro Sustainability Aspirations 2030 is the Company’s strategy, implemented through 12 initiatives under the Triple-P Road Map: Portfolio, People, and Public Contribution, with Good Corporate Governance (GCG) as the key enabler.

Astra Agro was one of the first companies to obtain Indonesian Sustainable Palm Oil (ISPO) certification in 2012 through one of its subsidiaries. This achievement demonstrates the Company’s efforts to meet sustainable palm oil plantation standards. To date, most of the Company’s subsidiaries have obtained ISPO certification. Furthermore, several subsidiaries have also received International Sustainability and Carbon Certification (ISCC), demonstrating the Company’s commitment to strengthening sustainability.

VISION

TO BE THE MOST PRODUCTIVE AND INNOVATIVE AGRIBASED COMPANY IN THE WORLD

MISSION

TO BE THE ROLE MODEL AND CONTRIBUTES TO THE NATION’S DEVELOPMENT AND PROSPERITY

Sapta Budaya Company

PT Astra Agro Lestari’s corporate culture reflects the values hold by the Company to shape an Astra Agro individual. The culture is written in the Sapta Budaya of the Company which consists of seven cultures and formulated in 28 definitions.

  1. Honest and responsible
  2. Triple S
  3. Fanatic
  4. Care
  5. Control
  6. Coaching and Innovation
  7. Korsa
Milestones

2024

  • In early 2024, the Company launched and used an environmentally friendly fertilizer called ASTEMIC (organic fertilizer).
  • The Company gave an official statement of having registered as a member of the Roundtable on Sustainable Palm Oil (RSPO) on July 11, 2024.

2022

  • Astra Agro began establishing Sustainability Aspirationss as a corporate strategy in implementing the Triple-P Roadmap Strategy (Portfolio, People and Public Contribution)

2021

  • During the Company's research and development activities, three new superior seed varieties were launched, named AAL Lestari, AAL Sejahtera, and AAL Nirmala.

2019

  • In May 2019, Company has expanded the fattening cattle business in Waru sub-district, Pasir regency, East Kalimantan.

2017

  • Commisioning of a second fertilizer blending plant in Central Kalimantan.

2016

  • In June 2016, the Company develop of livestock business in the form of breeding and fattening, centralized in Pandu Senjaya Village Pangkalan Lada Sub-district, Kotawaringin Barat regency, Central Kalimantan.
  • The Company is offering 349,943,333 new shares with a nominal value of Rp 500 per shares. The rights shall betradable in accordance with OJKR No 32/2015 for period of 5 (five) exchange days commercing on 13 June 2016 up to 17 June 2016.

2015

  • In January 2015, the Company acquired an equity share of 50% in a refinery owned by KL-Kepong Plantation Holdings Sdn, Bhd, with a daily processing capacity of 2,000 tons of CPO, located in Dumai, Riau Province.
  • The Company published its Sustainability Policy in September 2015

2014

  • In Januari 2014, the refinery under name of PT Tanjung Sarana Lestari (TSL), located in North Mamuju Regency, West Sulawesi Province, was officially opened and started its operation. The refinery operates with a daily production capacity of 2,000 tons CPO andproduced RBDPO, Olein, Stearin and PFAD.

2013

  • On 30 August 2013, AAL partnered with a Malaysian company, KL Kepong Plantation Holding Sdn, Bhd. to establish a joint venture company under the name of ASTRA-KLK Pte, Ltd., This new company is domicile in Singapore and engage in commodity trading.

2012

  • Supporting ISPO: Issuance of Permentan No.19/2011 regarding ISPO. Astra agro actively involved in the development of ISPO Standard and to be the first ISPO certified company through PT SAL1-Jambi

2011

  • AAL started to grow a seed garden with seeds originating from Cameroon.

2010

  • The Research Center of AAL in Central Kalimantan started its operation as a center for agronomic research, development, and laboratory.

2009

  • For the first time AAL recorded Crude Palm Oil (CPO) production in excess of one million tons, to be exact 1,082,953 tons.

2008

  • AAL’s Seed Processing Unit (SPU) in Central Kalimantan started its operation by germinating fresh seeds from the Indonesian Oil Palm Research Institute/Pusat Penelitian Kelapa Sawit (PPKS) Marihat.

2004

  • To focus more on palm oil commodity, AAL divested its business in cocoa, tea, and rubber plantations.

2000

  • On 22 March 2000, AAL made its first public bond offering with a nominal value of Rp 500 billion at fixed interest rate over a period of 5 years registered on the Surabaya Stock Exchange.

1997

  • On 30 June 1997, PT Suryaraya Bahtera was merged into PT Astra Agro Niaga and at the same time PT Astra Agro Niaga changed its name to PT Astra Agro Lestari (AAL) and officially introduced the new AAL Logo in that same year.
  • On 9 December 1997, AAL registered its stock on the Jakarta Stock Exchange, marking a new era for AAL's development as a public company.
  • The size of oil palm crop managed by AAL reached 164,019 hectares, consisting of 36,000 hectares plasma plantations and 128,019 hectares nucleus plantations.

1992

  • Astra consolidated its Gunung Huma Group Business subsidiary and merged it into PT Astra Agro Niaga.
  • PT Astra Agro Niaga launched “Cap Sendok” brand cooking oil.

1990

  • Astra developed a tea plantation of 1,035 hectares and a cocoa plantation of 952 hectares in Central Java.

1988

  • On 3 October 1988, Astra established PT Suryaraya Cakrawala which in August 1989 changed its name into PT Astra Agro Niaga.