Business Accomplishments for a Better Community

Tuesday, June 9, 2015

RGE Chairman Sukanto Tanoto Meets with Students from Wharton School of the University of Pennsylvania

RGE chairman and well-known philanthropist, Sukanto Tanoto, has recently addressed students from the Wharton School of the University of Pennsylvania on the importance of sustainable growth in Indonesia and the ASEAN countries. 

Mr. Tanoto has made a compelling and highly educational presentation of his own struggles and achievements in becoming a successful entrepreneur, as well as an outline of his current initiatives and plans for the pulp and paper and palm oil industry, as well as his philanthropic work.

Sukanto Tanoto on His Success as an Entrepreneur

Mr. Tanoto has presented the students with his story on how he became an experienced, highly skilled and respected entrepreneur with operations spanning throughout the ASEAN region and even globally.

He talked about the challenges he faced as he gradually scaled and diversified his business practices and approaches, particularly after the Asian Financial Crisis that took place in the 1990s. He also presented the vital role that the three “Cs” played – and continue to play – in managing all his business endeavors, emphasizing the fact that companies that make an effort to improve the communities and countries they are part of will also thrive themselves.

Development in the ASEAN Regions

The RGE Group is the perfect example of Sukanto Tanoto's policy on implementing the three Cs as effectively as possible. The group of corporation has had a lasting impact in ASEAN, and particularly Indonesia, providing local communities with better opportunities to improve their infrastructures and business growth rate.

Some of the most significant breakthroughs were in the palm oil business, with RGE successfully managing to train and provide new business opportunities to local smallholder farmers. Also, they have been significantly active in helping the community with direct and indirect employment, as well as implementing improved sustainable technologies.

Education and Philanthropic Work

Sukanto Tanoto has also emphasized the importance of philanthropic work when implementing his philosophy on the three Cs. Since he founded the Tanoto Foundation in 2001, he has been tirelessly working towards the goal of promoting educational assistance and the creation of various programs for assisting local communities and businesses.

Mr. Tanoto's initiative with the students from Wharton School and undergraduates from the Singapore Management University is also a part of these efforts, the course having been a remarkable educational experience for all those involved, ending with the students' experience of spending two days in Pangkalan Kerinci in Riau, the center of operation for RGE's activities in the palm oil and pulp & paper industries.

The course on sustainable growth in ASEAN is considered to be a major step forward for RGE and the Tanoto Foundation, in the effort of raising awareness about the vital importance of sustainable business growth in the region.


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