14/10/2026 (RRI.CO.ID), Jakarta - The Indonesian state-owned palm oil company PalmCo recorded a premium of IDR 190.78 billion (approximately USD 10.65 million) from the sale of certified palm oil products from January through September 2026. This figure represents a 47.87 percent year-on-year (yoy) increase compared to the previous year.

President Director of PalmCo, Jatmiko K. Santosa, said that certification is part of the company’s governance transformation aimed at increasing the value added of its products. “The standards implemented must become a tangible operational system, integrated into daily operations, and capable of ensuring that every process runs consistently, efficiently, and responsibly,” said Jatmiko in an official statement received in Jakarta on Wednesday, October 14, 2026, as quoted by Antara.

According to company data, the premium value increased by IDR 61.76 billion from IDR 129.02 billion in January–September 2025. This additional economic value stems from sales of certified sustainable crude palm oil (CPO) and palm kernel oil (PKO).

As of August 2026, 67 palm oil mills (PKS) and 124 PalmCo plantations had obtained Roundtable on Sustainable Palm Oil (RSPO) certification. The company has also implemented ISO 9001 at 176 facilities, ISO 14001 at 143 facilities, and the Occupational Safety and Health Management System (SMK3) at 191 facilities.Other standards include ISO 22000 for food safety at 3 facilities and ISO 37001 for anti-bribery management systems at 8 facilities.

Director of Strategy and Sustainability at PalmCo, Ugun Untaryo, said that environmental, social, and governance (ESG) principles must be integrated into business operations. “The implementation of ESG does not stop at meeting standards, but rather on how these principles are integrated into business processes,” said Ugun.

One of the company’s initiatives is to develop a circular economy by utilizing palm oil waste to generate economic value while minimizing environmental impact.

PalmCo is also continuing to expand its certifications to strengthen market access, particularly in countries that enforce sustainability and product traceability requirements.

https://rri.co.id/en/business/2811621/palmco-earns-idr-19078b-premium-from-certified-palm-oil