SINGAPORE, Dec. 3, 2014 / PRNewswire – With more than 150 companies represented – including Chanel, L’Oreal, Clarins, Burberry, Korres, Firmenich and Sephora, to name but a few – Asia Plantation Capital (APC) is delighted to announce its placing in the final four at the 2014 Sustainable Beauty Awards.
Nominated in the category of ‘Sustainability Pioneer’, APC is honoured to be recognised for its work in sustainable plantations, and the production of its remarkable, organic, highest quality Oud.
Oud is the oil distilled from the resin that is extracted from the Aquilaria tree – a species on the CITES endangered list, due to its value and the resultant denudation due to illegal logging practices – but which is now flourishing due to the efforts of Asia Plantation Capital.
Oud is a key ingredient in the formulation of the finest fragrances created by some of the world’s most discerning and exclusive brands, including Fragrance Du Bois – one of APC’s associate companies, which is producing innovative and award-winning fragrances.
The Sustainable Beauty Awards received an “overwhelming response” to its invitation for nominees for this year’s awards, and entries were received from all over the world — from cosmetic brands, ingredients firms, industry organisations and related operators.
APC is thrilled to have made the cut in an increasingly competitive sector, and is gratified to have received the support and approbation of a number of important individuals in the financial sector.
“Having seen our assets under management grow to US$600 million at the end of 2013 from investors in the know and our own shareholders,” said APC Group’s Business Development Director, Gary Crates, “We are now discovering increasing interest from institutional investors, pension funds and family offices from further afield.”
In attendance at the awards ceremony were some leading lights on the European and global investment scene, such as Guy Cohen, Vice President of the Association Nationale des Conseils Financiers, as well as Jean-Marc Bourmault, Directeur des Partenariats Patrimonia, both of whom expressed interest in, and admiration of, APC’s unique business model.
APC has demonstrated, and been acknowledged for, its commitment to the environment and sustainability, while at the same time embracing its responsibilities to its investors and stakeholders.
Asia Plantation Capital adopts the philosophy espoused in the three pillars of sustainability; social, environmental, and economic considerations – the ‘people, planet, profit’ triumvirate that has been much touted, and which has become a mantra to the Group. It is continuing to shape the landscape of the investment world today, and APC is honoured to be accepted as an integral part of a significant movement.
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About Asia Plantation Capital
- US$ 600 million – combined value of assets owned and under management
- US$ 53.5 million – turnover in the last financial year
- US$ 100 million – turnover forecast for current financial year
- 2,000,000 – Aquilaria trees today, on Agarwood plantations
Winners of the Capital Financial International (CFI.co) Best Sustainable Forestry Asset Management Team – Global 2014.
Asia Plantation Capital (APC) is the owner and operator of a diverse range of commercial plantation and farming businesses across the Asia-Pacific region and around the world, and is part of the Asia Plantation Capital Group of associated companies. Its focus is on multicultural and diverse plantation projects geared to the domestic and commercial demands of the countries in which it operates. Working closely with, and supporting local communities, is an underlying core principle of the APC business, providing social and cultural support, as well as investment, to move these communities away from deforestation and illegal logging activities, previously seen as a main source of income in some regions of Asia. Established officially in 2008 (although operating privately since 2002) the group now has plantation and agricultural projects on four continents, with operational projects at various stages in Thailand, Malaysia, China, Laos, India, Cambodia, Sri Lanka, Myanmar, Vietnam, North America and Europe.
Promoting the use of sustainable and certified wood is the best way of preventing deforestation, protecting biodiversity, and combatting poverty in the tropical rainforest regions. For the yachting sector (a major user of teak) which strives for excellence and which is already involved in environmental efforts, this is also a way of ensuring that no wood from illegal logging is used.