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