Oji Holdings

One of the world’s largest manufacturers of paper and packaging products faces material risks related to land rights conflicts and deforestation by its subsidiary Oji Lao Plantation Forest Ltd. (Oji LPFL) and joint venture PT Korintiga Hutani (Korintiga). Oji LPFL is a joint venture plantation project between the Government of Laos and Lao Plantations Holdings Ltd, of which Oji Paper holds a majority share. Korintiga is a joint venture between Oji Holdings and Korindo with a pulpwood concession area of almost 100,000 ha in Central Kalimantan, Indonesia.