NEA Appoints Control Risks Group to Assess Wilmar's Role in Haze Pollution
What happened
The National Environment Agency appointed Control Risks Group and Dentons Rodyk & Davidson to assess Wilmar International’s role in Indonesian forest fires and transboundary haze. Wilmar International stated that it has submitted its first tranche of documents to the National Environment Agency in response to the agency’s request for information regarding its links to the haze.
From businesstimes.com.sg
Why it matters
The investigation by the National Environment Agency into Wilmar International's links to haze pollution could increase regulatory risk for the company. The National Environment Agency is also monitoring Golden Agri-Resources regarding haze fires.
The National Environment Agency is monitoring Golden Agri-Resources regarding haze fires.
From businesstimes.com.sg
Who's involved
- National Environment AgencyGovernment agency that appointed Control Risks Group to assess Wilmar International's role in haze.
- Control Risks GroupFirm appointed by the National Environment Agency to assess Wilmar International's contribution to haze.
- Wilmar InternationalAgribusiness company being assessed by the National Environment Agency regarding Indonesian forest fires.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Wilmar InternationalSpeculative
Wilmar International could face increased costs or reduced revenue due to regulatory scrutiny from the National Environment Agency.
- Control Risks GroupSpeculative
Control Risks Group may gain new revenue from the contract secured with the National Environment Agency.
Keep exploring
The entities involved
-
National Environment Agency
government agency of Singapore