CREATING A

About Us

SUSTAINABLE FUTURE

OUR PHILOSOPHY

Mindfulness. Foresight. And readiness. With thoughtfulness in our very name, we’ve been helping create clean, renewable energy since 2011. Get to know us better – learn more about who we are, what we believe, and what we’ve done.

Read all about our commitment in our  detailed Summary of Policies. And look out for our upcoming Policy Review.

OUR JOURNEY SO FAR

First Shipment and Commercial Agreement

In 2011, Provident had it's first shipment to Thailand and signed a long term supply agreement with Tuas Power

Tuas Power First Shipment

In 2012, Provident Biofuels delivers its first shipment for its first long term supply agreement to Tuas Power

First Shipment to Japan

Provident Biofuels extends its business to Japan in 2013

New Supply Agreement in Korea

Signed long term supply agreement with GS Global for supply to GS EPS in Korea

Timeline Story

First shipment to GS Global/GS EPS

Further Growth of business

First shipment from Malaysia to Japan

Signed long term supply contract with Japanese end-user

A new milestone - 100th Shipment

In 2018, Provident Biofuel delivers its 100th shipment to Singapore

1MT to Japan & 50th Shipment Korea

In 2019, Provident Biofuels delivers its 50th Shipment to Korea

 In July 2020, Provident Biofuels exported 1,000,000MT to Japan

New Standards

In December 2019, Provident Biofuel conducted our first ESG assessment with Virgeo-Eiris

Having a stake in Community

Partnered with local supplier, PT Jatim and the Indonesian Labour Union to distribute food to the communities near PT Jatim’s stockpile during the Ramadan season and when Covid-19 was at its peak in Indonesia

Making a commitment to reduce GHG

Provident Biofuels made a commitment to reduce Greenhouse Gases (GHG) emissions by obtaining global certification for traceability and sustainability of our biomass business and operations

Provident takes sustainability to global standards

Provident Biofuels established our first ESG policy incorporating many of the United Nations Sustainable Development Goals (UNSDG), principles of UN Global Compact, International Labour Organisation (ILO) standards, United Nations Universal Declaration of Human Rights, International Corruption Acts and Employment Acts.

Provident Biofuels published our very first Environmental, Social and Governance Report for the period 1 July 2019 to 30 June 2020

Provident Biofuels, together with Hanwa, initiated a pilot study with Roundtable on Sustainable Biomaterials (RSB) on the possibility of obtaining RSB certification and compliance for the entire supply chain from CPO mills to end users

Achieves Green Gold Label & Posting of COP based on UN Global Compact

Provident Biofuels applied to join and obtain the Green Gold Label (GGL) certification for all future PKS shipments

Posted a Communication on Progress (COP) that describes our company’s efforts and progress to implement the principles of the UN Global Compact

Annual Chain of Custory Certification Audit

First Annual audit of the Company for Chain of Custody Certification by the GGL and RSB to be conducted by external auditors

Provident Biofuels Environmental and Sustainability Report

OUR SHAREHOLDERS AND AFFILIATES

We’re affiliated with Tower Bersama, Merdeka Copper and Gold, JD.id, and Provident Growth Fund.