Adecoagro S.A.

Overall approach

1/10
- Overarching commitment on deforestation
  
  0/4
- Signatory to an initiative tackling deforestation
  
  0/1
- Awareness of the value of forests
  
  1/1
  
  Awareness
  
  Yes
  
  1/1
  
  "We promote sustainable land use through our land transformation activities, which seek to promote environmentally responsible agricultural production and a balance between production and ecosystem preservation. We do not operate in heavily wooded areas or wetland areas."
  
  Open source document
- Deforestation as a business risk
  
  0/1
- High-level management of deforestion
  
  0/1
- Executive compensation linked to deforestation
- Target to reduce emissions from land-use change
  
  0/1
- Reporting on emissions from land-use change
  
  0/1
- Disclosure of conservation activity
- Disclosure of reforestation activity
  
  Reforestation disclosure
  
  Yes
  
  0/0
  
  How many hectares of reforestation or restoration are being or have been conducted or facilitated by the company?: 2,700 ha
  
  "Santa Lucía: regeneration of forest areas allows not only to recover surfaces of these key environments in the ecosystem complex, but also to grant continuity to the entire forest at the center of the property, turning it into a single block of over 2,700 ha. In 2020, 156 ha were added to the livestock exclusion, which became part of the regenerative area. In this case, due to the type of environment (forest), the regeneration process is longer. In any case, on December 2020, we observed quite a decent progress, and no problems associated with regeneration were recorded."
  
  Open source document
- Target to reduce emissions in scope 1/2
Commodity score

20/90
- Soy
  
  20/90
  - Commitment Strength
    
    2/17
    - Commitment to protect priority forests
      
      2/9.5
      - Commitment details
        Credible certification scheme
        
        2/6
        
        Commitment to protect priority forests
        
        Credible certification scheme
        
        2/6
        
        Which certification schemes are used?: RTRS
        
        When was this commitment set?: na
        
        "We are certifying some products with Sustainable, Safety or Quality labels such as RTRS" [...] "Production of cereals and oilseeds RTRS certification for the following plants: • Carmen • Abolengo • San Carlos • El Meridiano • Las Horquetas • Los Guayacanes"
        
        Open source document
        Open source document
      - Commitment applies to all regions, suppliers and operation
        No
        
        0/2
        
        Commitment applies to all regions, suppliers and operation
        
        No
        
        0/2
        
        What subsidiaries are explicitly included?: NA
        
        What percentage of commodity production/sourcing is excluded?: 0 Unclear
        
        If no, what is excluded?: Location
        
        What is the rationale for any exclusions?: Certification only applies to the following plants: • Carmen • Abolengo • San Carlos • El Meridiano • Las Horquetas • Los Guayacanes
        
        What subsidiaries are explicitly excluded?: NA
        
        "We are certifying some products with Sustainable, Safety or Quality labels such as RTRS" [...] "Production of cereals and oilseeds RTRS certification for the following plants: • Carmen • Abolengo • San Carlos • El Meridiano • Las Horquetas • Los Guayacanes"
        
        Open source document
        Open source document
      - Target date
        Post 2050 or no target date
        
        0/1
      - Interim target date
        No
        
        0/0.5
    - Commitment to a traceable supply chain
      
      0/7.5
      - Commitment details
        No traceability commitment
        
        0/4
      - Commitment applies to all regions, suppliers and operation
        No
        
        0/2
      - Target date
        Post 2050 or no target date
        
        0/1
      - Interim target date
        No
        
        0/0.5
  - Associated Human Rights Abuses
    
    0/17
    - Labour rights in the supply chain
      No
      
      0/3
    - Inclusion of small-scale farmers
      No
      
      0/2
    - Gender equality in the supply chain
      No commitment
      
      0/2
    - Commitment to remediation
      No
      
      0/1
    - Commitment to ensure Free, Prior and Informed Consent
      No
      
      0/3
    - Commitment to resolve land conflicts
      No
      
      0/3
    - Zero-tolerance approach to violence and threats
      No
      
      0/3
  - Implementation and Reporting
    
    18/56
    - Reporting volumes against commitments
      No disclosure
      
      1/3
      
      Reporting volumes against commitments
      
      No disclosure
      
      0.5/3
      
      Open source document
      Open source document
    - Reporting is independently verified
      No
      
      2/2
      
      Reporting is independently verified
      
      No
      
      2/2
      
      Open source document
      Open source document
    - Suppliers aligned with deforestation commitments across supply chain
      No
      
      0/3
    - Deforestation cut off date
      No
      
      0/2
    - Collaborative actions
      No
      
      0/2
    - Jurisdictional approach focused on sustainable land use
      No
      
      0/2
    - Risk assessments for forest risk
      No
      
      0/2
    - Operations assessed to comply with law
      Yes
      
      2/2
      
      Operations assessed to comply with law
      
      Yes
      
      2/2
      
      "Directors, officers and employees must report to the Chief Compliance Officer any known or suspected violation of laws, government regulations, or the Code of Business Conduct and Ethics.[...] The company's environmental management actions are regularly monitored through the Integrated Management System, and by internal and external controls and audits. These control mechanisms ensure compliance with applicable laws, regulations and specific requirements. This system covers the aspects of quality, innocuousness, environment and safety and hygiene at work."
      
      Open source document
    - Accessible grievance mechanism
      Yes, and published details of any grievances within the last two years (2019-2021)
      
      4/4
      
      Accessible grievance mechanism
      
      Yes, and published details of any grievances within the last two years (2019-2021)
      
      4/4
      
      What is the nature of the grievance mechanism used by the company?: Own mechanism
      
      Which issues does the grievance mechanism cover?: Social; Environmental
      
      "Adecoagro has communication channels to receive complaints about irregular facts or circumstances that may be contrary to the guidelines established in the Code of Ethics. Only a detailed description of the facts or circumstances that seem suspicious to you is required. You also have the option to attach documents to your report. A timely and confidential analysis is ensured for all complaints, through a structured process monitored by the Company's Ethics Officer.The channels through which you can send your complaints are the following, depending on your convenience and/or your confidence: 1) Through the free telephone line: 0800-888-0127, 24 hours a day.2) Through the email denuncias@adecoagro.com.3) Through postal mail, telephone number or e-mail to the following people:" In a table on p.20 of their sustainability report, Adecoagro Brazil reports that in 2020 136 Grievances were were filed, 125 of which were resolved.
      
      Open source document
      Open source document
    - Report volumes of commodity
      No reporting
      
      0/3
    - Upstream: Monitor compliance with human rights
      No
      
      0/5
    - Compliance of company-owned operations
      No
      
      0/5
    - Upstream: Impact assessments for land development/acquisition
      Yes
      
      4/4
      
      Upstream: Impact assessments for land development/acquisition
      
      Yes
      
      4/4
      
      For what percentage of production units has an ESIA been carried out as part of the land use planning process?: 100%
      
      How does the company remedy adverse social and environmental impacts linked to their operations and/or supply chains?: NA
      
      "Guidelines for the acquisition and rental of landThe land acquisition prior evaluation process consists of four stages of analysis: legal, productive, social and environmental.; We build close and transparent relationships with neighbors and organizations in each community, and we seek to enhance their development. We carry out stakeholder mappings in each area, which include an analysis of potential impacts."
      
      Open source document
      Open source document
    - Upstream: Reporting production/processing locations
      Reports location of un-certified land holdings
      
      1/4
      
      Upstream: Reporting production/processing locations
      
      Reports location of un-certified land holdings
      
      1/4
      
      For what percent are boundaries (of holdings under conservation) disclosed?: NA
      
      In what country(ies) does the company operate and/or source material?: Brazil, Argentina and Uruguay
      
      What is the total area (in ha) of natural ecosystem on land owned, managed, or controlled by the company?: NA
      
      What types of ecosystems are these?: NA
      
      From what sub-national jurisdiction(s) does the company source material?: NA
      
      What is the total land area owned, managed, or controlled by the company for the forest risk commodity?: NA
      
      What is the area, in hectares of production units, on which non-DCF commodities are produced or processed, by country and jurisdiction: NA
      
      In what jurisdiction(s)/subnational region does the company operate and/or source material?: NA
      
      What is the total area of land (in ha) that is available for future production, e.g. concessions?: NA
      
      What type of conservation designation and/or conservation status is used?: NA
      
      What is the total area in production (in ha)?: NA
      
      What is the volume of each forest risk commodity that the company produced/processed/sourced in the previous year from each national or subnational location?: NA
      
      For what percent are point locations (of land holdings and processing facilities) disclosed: NA
      
      For what percent are boundaries disclosed?: NA
      
      For what percent are point locations (of holdings under conservation) disclosed?: NA
      
      For what percent are boundaries (of certified land holdings) disclosed?: NA
      
      For what percent are point locations (of certified land holdings) disclosed?: NA
      
      Adecoagro S.A. disclose locations of crops via an interactive map. They can be zoomed in on to an exact location. It is unclear which crops specifically are at each location but they do include soy. Most of the crop locations are mentioned in their sustainability reports also.
      
      Open source document
      Open source document
    - Upstream: Monitor compliance of production/processing
      Yes, using a third-party verification system
      
      4/4
      
      Upstream: Monitor compliance of production/processing
      
      Yes, using a third-party verification system
      
      4/4
      
      Does the company use a jurisdictional monitoring mechanism?: No
      
      For what percentage of suppliers does the company use/rely on external mechanisms to monitor compliance?: 100%
      
      Does the company use a certification system?: No
      
      For what percentage of the commodity sourced by the company is deforestation/conversion monitored at the farm level on production units known to be in the company's supply chain?: NA
      
      How frequently is compliance assessed?: not specified
      
      For what percentage of production or primary processing operations that it owns, manages, or otherwise controls does the company use external processes or actors, such as certification, to monitor compliance?: 100%
      
      What tools, processes, bodies carry out monitoring of the company's production or processing operations?: Third party audits
      
      If so, what jurisdictions and mechanisms does the company use?: NA
      
      "Directors, officers and employees must report to the Chief Compliance Officer any known or suspected violation of laws, government regulations, or the Code of Business Conduct and Ethics.[...] The company's environmental management actions are regularly monitored through the Integrated Management System, and by internal and external controls and audits. These control mechanisms ensure compliance with applicable laws, regulations and specific requirements. This system covers the aspects of quality, innocuousness, environment and safety and hygiene at work."
      
      Open source document
    - Upstream: Reporting hectares of deforestation
      No
      
      0/4
Commitment strength

2/17

Avg. score
Implementation and Reporting

18/56

Avg. score
Associated Human Rights Abuses

0/17

Avg. score

Profile

Adecoagro is a leading agro-industrial company in South America, active in Argentina, Brazil, and Uruguay. Its business involves the production of numerous grains and oilseeds, including soy. According to the company, Adecoagro is one of the largest owners of productive farmland in South America. Adecoagro S.A. is selected as a powerbroker for soy.

Sector

Industry sector

Agricultural Products

Segments

Processor

Argentina

Company Type

Company type

Collective Commitments

Consumer Goods Forum member

New York Declaration on Forests signatory

Top Brands

Molinos Ala

How we assess the Forest 500

To ensure deforestation free supply chains, companies need to adopt and implement timebound and measurable policies for forest risk commodities.

All assessments use policies published on company websites, some links may have changed or been removed since the time of assessment.

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AFA (Agric. Federados Args.)

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.

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Adecoagro S.A.

Total

Score:

Total score:

20%

Profile

Top Brands

How we assess the Forest 500

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topico_37035_9803_prejuizo-da-adecoagro-aumenta-119-1.jpg

Adecoagro S.A.

Total

Score:

Total score: 20%

Profile

Top Brands

How we assess the Forest 500

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Total score:

20%