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