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