SPOTT supports the financial sector and supply chain stakeholders to manage ESG risk through its assessment of the public disclosure and reporting of soft commodity companies.
LATEST ASSESSMENT: TIMBER & PULP 2025
New research reveals persistent traceability gaps, putting billions in timber investment at risk and jeopardising the future of forests worldwide
View Study- SEFYD (远东木业刚果（布）有限公司): 6%
- Socfin Group: 64.6% 1
- WTK Holdings: 31.4% 5
- New Britain Palm Oil Ltd: 94.4% 4
- NordSud Timber: 3.6% 1
- Wapoga Mutiara Timber Unit II PT: 14% 23
- Shandong Chenming Paper Holdings: 18.5% 1
- Hankook Tire & Technology: 53% 2
- Societe de Transformation du Bois de la Kadey (STBK): 1%
- Groupe Fokou: 0.8%
- FELCRA Bhd: 8.6% 4
- AAK AB: 67%
- SAF (Société dAménagement et dExploitation des Forêts): 0.8%
- Africa Sustainable Investment: 2.2%
- Permata Hijau Group: 71.4% 2
- Belem Bioenergia Brasil (BBB): 47.1% 23
- Afriwood Industries: 1.8%
- Asian Agri Group: 76.5%
- Grupo Hame: 89.6% 10
- Musim Mas Holdings Pte Ltd: 90.9%
- SLJ Global: 28.6% 8
- Godrej Industries: 21.1% 6
- Top Glove Corporation Bhd: 53.1% 2
- CENIBRA: 51.7%
- POSCO International: 69.2% 2
- TSE Group (formerly Korindo Group) (palm oil): 47.8% 2
- Wang Sam Resources & Trading Company (广东大皇森贸易有限公司): 0.8%
- Fipcam: 3.5% 1
- SIPAM: 0.8%
- Wenzhou Timber Group Company Ltd (温州木材集团有限公司): 0.5%
- HAGL Agrico: 2.3% 2
- SIFCA Group: 26.4% 9
- Siva Group: 0%
- Carotino Group: 45.2% 1
- SIPEF: 88.8%
- Bracell: 70.4%
- Asia Congo Industries: 2.6%
- Gozco Plantations Tbk PT: 15.2% 2
- Kencana Agri Ltd: 26.3% 3
- KHLL Forestry: 4.7%
- IOI Corporation Bhd: 84.1%
- Perkebunan Nusantara III PT (Persero) (previously assessed subsidiary Kharisma Pemasaran Bersama Nusantara PT (PT. KPBN)): 45.6% 44
- Maderera Bozovich: 46% 1
- Precious Woods Holding AG: 87.5% 1
- Groupe Blattner Elwyn (timber and pulp): 1.2%
- ITOCHU Corporation (Aneka Bumi Pratama PT): 60.5% 3
- KS Oils Ltd: 1.8%
- Synergy Oil Nusantara PT (PT SON): 7.1%
- Tradewinds Plantation Bhd: 6.4%
- Woodbois: 64.9% 5
- SIFCO (Société industrièlle et forestière du Congo): 3% 1
- Kirana Megatara: 64.1% 2
- Bumitama Agri Ltd: 81.5%
- Agra Bareksa PT: 3%
- Itochu Corporation: 62.2%
- BLD Plantation Bhd (Bintulu Lumber Development (BLD) Plantation): 29% 2
- Groupe Blattner Elwyn: 0%
- Dino & Fils: 6.1%
- AgroAmerica: 90.1% 5
- Eagle High Plantations Tbk PT: 81.4% 5
- Eldorado Brasil Celulose: 51.2% 2
- PT Adindo Hutani Lestari (previously assessed as Adindo Foresta): 10.3% 9
- Tunas Baru Lampung Tbk PT: 16.2%
- Archer Daniels Midland Company (ADM): 69.3% 4
- Ningbo ND Import & Export Co Ltd (宁波宁电进出口有限公司): 0.5%
- Compagnie Dan Gabon (CDG): 0.8%
- Hartalega Holdings Bhd: 38.2%
- Sawit Sumbermas Sarana Tbk PT: 62.4%
- AMCEL: 50.9%
- United Plantations Bhd: 96.1% 1
- Reforestadora de Palmas de el Peten S.A. (REPSA): 68.5% 14
- Emami Agrotech Ltd: 4.2%
- Cikel Group: 0% 4
- FGV Holdings Bhd: 83.4% 7
- Kumho Tire: 48.5% 5
- IFFCO: 55.1% 9
- Société Internationale de Plantations d'Hévéas (SIPH): 74.6%
- LLC KRC EFKO-Kaskad: 29.9% 10
- Sodefor: 9.2%
- Atama Plantation Sarl: 0.3%
- Darmex Agro PT: 0.8%
- Continental AG: 52.9% 1
- FGV IFFCO: 23% 12
- Groupe Decolvenaere: 10.8% 6
- Agritrade International Pte Ltd: 3.2% 7
- Integra Group: 32.5% 7
- Agropalma Group: 67.4% 23
- Kimbakala et Cie: 0.8%
- Gokul Agro Resources Ltd: 10.8% 2
- Royal Lestari Utama: 49.9% 5
- ENI SpA: 42.8% 14
- Brasil Bio Fuels (BBF): 15.9%
- Maderacre: 85% 2
- Austindo Nusantara Jaya Tbk PT (acquired by First Resources Ltd in May 2025): 92.8%
- COFCO Corp: 33.5% 5
- Marubeni: 44.8% 1
- Triputra Agro Persada Group PT: 84.3% 2
- Amcor Ltd (安姆科（中国）投资有限公司): 36% 1
- F Jammes SAS: 11%
- Maxland Berhad (previously assessed as Priceworth International): 11.9% 4
- Wanpeng International (浙江万蓬进出口有限公司): 0%
- Michelin: 80.2%
- Kayu Lapis Indonesia: 16.6%
- Beijing New Building Material Group (北新建材集团有限公司): 27% 10
- Xiamen Xindeco (厦门信达股份有限公司): 25.3% 19
- M.P. Evans Group plc: 88.9% 2
- Makin Group: 0.8%
- Sodinaf: 0.6%
- Sazean Holdings: 0%
- Royal Industries Indonesia PT: 0%
- Golden Agri Resources Ltd: 82.5% 1
- Viet Nam Rubber Group (VRG): 32.8%
- SEEF: 1.2%
- Dhanistha Surya Nusantara: 0.6%
- Jiangsu Wanlin Modern Logistics (江苏万林现代物流股份有限公司): 1.4%
- K Global Ventures Sdn Bhd: 0%
- Sumec International Technology Trade: 4.6%
- China Forestry Group Corporation: 11.2% 2
- Sri Trang Agro-Industry Public Company Ltd: 60.2% 7
- Peng Xin (山东鹏信仓储服务有限公司): 0.8%
- Tranchivoire: 2.3%
- Goodhope Asia Holdings Ltd: 91.9% 1
- Sampoerna Kayoe: 27.1% 1
- R.E.A. Holdings plc: 91.5% 3
- APRIL: 78.9% 1
- SOFIA: 0.8%
- Gabon Wood Industries (GWI): 15.1% 4
- Viterra (merged with Bunge Global S.A. July 2025): 47.3%
- Guangdong Guangken Rubber Group Co Ltd (广东省广垦橡胶集团有限公司): 0.8%
- KTS Group: 14.5% 2
- J.A. WATTIE Tbk: 22.3% 1
- SD Guthrie Bhd (previously assessed as Sime Darby Plantation Sdn Bhd): 94.8% 1
- Corà Domenico & Figli: 6.6% 1
- Rain Forest Management (RFM): 1.6% 4
- Arauco: 42.6% 1
- Bumi Teknokultura Unggul Tbk (BTEK): 4.4%
- First Resources Ltd: 76.2% 4
- TBNI: 0.8%
- Genting Plantations Bhd: 78.3%
- Shin Yang: 19.4% 1
- Pirelli & C: 61.6%
- Zhongce Rubber Group Co Ltd (中策橡胶集团有限公司): 0.4%
- Toyo Tire Corporation: 40.7%
- FELCRA Bhd: 12.8% 5
- Korindo Group (timber and pulp): 53.7% 1
- Hap Seng Plantations Holdings Bhd: 87.4% 4
- Louis Dreyfus Company: 69.1% 2
- Bois et Sciages de l'Ogooué (BSO): 7%
- Noble Group Ltd: 82.1% 8
- TSH Resources Bhd: 58.2%
- Palmaceite S.A.: 55.5% 14
- Golden Veroleum (Liberia) Inc (GVL): 40% 3
- SOMIVAB: 8.5%
- Wings Corp: 5.3% 1
- Socfin Group: 77.5% 5
- Bakrie Sumatera Plantations Tbk PT: 31.2% 3
- Rimbunan Hijau Group: 11.1% 2
- SIAT Group: 42.2% 9
- Shandong Longsheng: 5.3%
- Indofood Agri Resources Ltd: 49.7% 3
- Fuji Oil Group: 48.5% 4
- Biopalma da Amazônia S.A.: 13.6%
- Dharma Satya Nusantara Tbk: 91% 1
- Sampoerna Agro Tbk PT: 72.8% 1
- Danec S.A.: 7% 41
- Glenealy Plantations Sdn Bhd: 56.2% 1
- Frigorifico Allana Pvt Ltd (Previously assessed Allana Group): 16.1%
- NaturAceites S.A.: 83.5%
- CIBN: 0.7%
- Rimbunan Hijau Group: 16.2% 3
- C.I. Biocosta S.A.: 0.8% 34
- Wilmar International Ltd: 92.3%
- Société Industrielle de Mbang: 2.7%
- Jiangsu High Hope International Group (江苏汇鸿国际集团股份有限公司): 7.4% 5
- Jaya Tiasa Holdings Bhd: 21.7%
- Vicwood Group: 3.5% 5
- Pallisco: 63% 1
- Julong Group (previously assessed as Tianjin Julong Group): 0.5%
- The Yokohama Rubber Co Ltd: 54.7% 4
- APP (Asia Pulp and Paper) Group: 77.6%
- Alpi: 24.1%
- Indofood Agri Resources Ltd (London Sumatra Indonesia Tbk PT): 47.1% 2
- Greenheart Group: 17.5%
- Bunge Ltd: 65.2%
- Empresas CMPC SA: 50.9% 9
- Johor Plantations Group Bhd (previously Kulim (Malaysia) Bhd): 88.8% 7
- Anglo-Eastern Plantations plc: 60.2% 8
- Bridgestone Corporation: 44.8%
- Veracel: 68.6% 4
- International Paper: 31.2%
- SEFECCAM - SIENCAM: 7.4% 2
- Sicofor (Sino-Congo-Forest): 1.9%
- Sarawak Oil Palms Bhd: 51.7% 2
- APP China: 30.5% 1
- Mewah International Inc: 73.5% 5
- Taman Group: 2.3%
- Compagnie des Bois du Gabon (CBG): 73.9% 3
- Alas Kusuma Group PT: 15.1%
- Cheng Shin Rubber Industry Co Ltd (正新橡胶工业股份有限公司): 39.7% 1
- Plantations et Huileries du Congo (PHC) (previously assessed as Feronia Inc): 24.4% 3
- Groupe Blattner Elwyn (palm oil): 0%
- Bois et Placages de Lopola (BPL): 4.6%
- 3F Industries: 3.4%
- Olam International (palm oil): 77% 2
- Zhejiang Materials Industry Senhua Group (浙江物产森华集团有限公司): 5.5%
- Shanghai Sen Lian Timber Industrial Development: 0%
- Samling Group: 63.6% 1
- Astra Agro Lestari Tbk PT: 51.7% 1
- Celulose Irani SA: 52.8%
- KPN Plantation (previously GAMA Plantation): 32.4% 9
- Cargill Inc: 75.4%
- Palmas Group: 49.5% 6
- Yihua Lifestyle (宜华生活科技股份有限公司): 6.2%
- Patum Vegetable Oil Company Ltd: 16.7% 7
- Commodities House Investments Ltd (HSA Group): 80.6%
- Oji Holdings Corp: 47.7% 4
- Halcyon Agri: 59.4% 6
- Peak Palm Oil plc: 0% 3
- Sampoerna Agro Tbk PT (Hutan Ketapang Industri PT): 86.5% 1
- Southland Global Pte Ltd: 45.6% 7
- Golden Plantation Tbk PT: 9.1% 1
- QL Resources Bhd: 22.3% 1
- Suzano SA: 61.6% 4
- Priya Gold Oils: 0.9%
- TA ANN Holdings: 26.6%
- Sumitomo Rubber Industries: 47.7% 5
- Groupe SEFAC: 16.2%
- Dexco (formerly Duratex): 80.4% 3
- Toba Pulp Lestari: 79.8%
- Olam International (timber and pulp): 72.9% 3
- Sumitomo Forestry: 46.3% 1
- Daabon Group: 97.4% 2
- Bakrie Sumatera Plantations Tbk PT: 42.4%
- Bornion Timber Sdn Bhd (BTSB): 16.1% 3
- Grupo Jaremar: 19% 28
- Patanjali Foods Limited (Previously assessed as Ruchi Soya Industries Ltd): 11.1% 3
- Wijma: 7.5%
- Nisshin OilliO: 56.4% 2
- Apical Group: 93.3% 1
- Golden Pharos: 43.1% 11
- Bewani Oil Palm Plantations Limited: 2.1%
- Rougier SA: 27.3% 1
- Interholco: 96.9%
- Kuala Lumpur Kepong Bhd: 74.9%
- PTT Green Energy Pte Ltd: 0%
- Best Group: 0.8%
- Goodyear Tire & Rubber Company: 53.9%
- Cameroon United Forests: 9.4%
- Boustead Plantations Bhd: 67.1% 1
- Dejia Group / Yili Timber Group (德嘉木业有限公司 / 立木业有限公司): 1%
- Klabin SA: 58.5% 7
- Likouala Timber: 9.2% 1
Commodities Assessed:
Resources:
SPOTT supports the finance sector and supply chain stakeholders to manage environmental, social and governance (ESG) risks by publishing transparency assessments of soft commodity producers and traders. By tracking transparency, SPOTT incentivises the implementation of corporate best practice.
Investors and buyers can use SPOTT to help meet their own commitments, and engage with companies to promote sustainable commodity production through responsible investment and sourcing.
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