Musim Mas
Musim Mas is one of the world's largest vertically integrated palm oil companies. The company's activities cover managing oil palm plantations, refining crude palm oil and manufacturing a product portfolio that includes speciality fats, oleochemicals and biodiesel, among others. Musim Mas has an operational presence in 13 countries, with production locations in Asia and Europe. Indonesia is its main sourcing location, where the company owns and operates 16 plantations and 17 mills.
Segment ranking summary
Musim Mas is active in the agricultural products and commodities segment and the food and beverage manufacturers/processors segment, showcasing similar performance by ranking 31st out of 142 and 62nd out of 233, respectively. The company performs well in the social inclusion measurement area, ranking in the top 15% for the respective segments, and displays leading practices on paying living wages compared to its peers. In the environment measurement area, Musim Mas places in the middle of the pack but falls behind considerably on its activities to reduce scope 3 GHG emissions and food loss and waste. Lastly, Musim Mas performs poorly on the nutrition measurement area, particularly compared to its peers in the food and beverage manufacturing/processing segment, as it lacks commitments on key issues such as food availability and affordability.
Leading practices
Risks and opportunities
Core social indicators
The core social indicators are part of the social inclusion measurement area. These indicators assess societal expectations of business conduct that companies should meet if they aspire to be part of a system transformation that leaves no one behind.
More about the company
- Headquarters
- Singapore, Singapore
- Food and agriculture revenue USD
- 7,000,000,000
- Group revenue USD
- 7,000,000,000
- Onwnership structure
- Private
- Number of employees
- 37,000
- Website
- https://www.musimmas.com
