Monday, 24 June 2024

Sukanto Tanoto

Indonesia

Champion's Profile

Sukanto Tanoto is an Indonesian businessman involved primarily in the lumber industry. As of 2013 he was considered to be one of Indonesia's wealthiest individuals with a net worth of US$ 2.3 billion. After starting as a supplier of equipment and materials for the state-owned oil firm Pertamina, Tanoto moved into the forest industry in 1973. Tanoto's business interests are represented by the Royal Golden Eagle (RGE) group of companies (previously known as Raja Garuda Mas).

UNDP SDG

Good Health and Well-Being, Quality Education, Industry Innovation and Infrastructure, Peace, Justice and Strong Institutions, Partnership for the Goals

Description and impact

Tanoto Foundation is an independent family philanthropy organisation founded by Indonesian entrepreneur Sukanto Tanoto and his wife Tinah Bingei Tanoto in 1981. The Foundation focuses on improving access to knowledge and education, with a specific focus on countries in which Tanoto has business presence, including Indonesia, Singapore and China. Key activities include providing access to education through the provision of more than 20,000 scholarships (as of 2018), improving the quality of schools and teaching, and funding medical research into diseases prevalent in Asian populations. In 2018 the Foundation announced a refreshed strategy including four targets: Contribute to the reduction of the stunting rate in Indonesia to below 20% by 2030; Help Indonesia become one of the five most improved countries in the OECD's Programme for International Student Assessment (PISA) ranking system by 2030; Catalyse preventive and integrative medical research efforts into Asian prevalent diseases to extend the average health span of Asians by five years, by 2030 Support the development of a community of leaders who are making a positive impact on society.