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Powerbroker for

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  • Overall approach
    3/12
    • Overarching commitment on deforestation
      0/4
    • Signatory to an initiative tackling deforestation
      0/1
    • Awareness of the value of forests
      1/1
      Yes
      1/1
      "To date, around 17% of Amazon rainforest has been lost to deforestation,(1) and researchers now estimate that the tipping point after which parts of Amazon would be changed to non-forest ecosystems is between 20-25%.(2) Deforestation critically affects global carbon balances. On the one hand it releases CO2 into the atmosphere (especially through burning used for fast clearance), and on the other it reduces areas that can absorb large quantities of global greenhouse gases (GHGs) and CO2 emissions through the process of photosynthesis. In this way, it both contributes to climate change and reduces the means to mitigate its effects." 
    • 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
      0/2
    • Reporting on emissions from land-use change
      2/2
      Yes
      2/2
      Subsidiary Conde Nast stated that 6.8% of their greenhouse gas emissions come from forest management and paper processing - including from planting, harvesting, and thinning.
    • Disclosure of conservation activity
    • Disclosure of reforestation activity
    • Target to reduce emissions in scope 1/2
      Yes
      0/0
      Type of climate target: Other or unclear

      What is the target date for the company to achieve their climate target?: 2030
      "We aim to achieve carbon neutrality by 2030, starting with a 20% reduction in corporate emissions and 10% reduction in supply chain by the end of 2021."
  • Commodity score
    7/88
    • Pulp & Paper
      7/88
      • Commitment Strength
        3/20
        • Commitment to protect priority forests
          3/8
          • Commitment details
            Credible certification scheme
            2/6
            Commitment to protect priority forests
            Credible certification scheme
            2/6
            Which certification schemes are used?: FSC; PEFC
            Subsidiary Condé Nast commits to a goal of paper that is 100% internationally certified by the end of 2021. "We have made strides towards transitioning to 100% fully certified paper via the Programme for the Endorsement of Forest Certification (PEFC) and Forest Stewardship Council (FSC)." 
          • Commitment applies to all regions, suppliers and operation
            No
            0/1.3
            Commitment applies to all regions, suppliers and operation
            No
            0/1.3
            If no, what is excluded?: Subsidary

            What is the rationale for any exclusions?: It is a subsidiary 
            Subsidiary Condé Nast commits to a goal of paper that is 100% internationally certified by the end of 2021. "We have made strides towards transitioning to 100% fully certified paper via the Programme for the Endorsement of Forest Certification (PEFC) and Forest Stewardship Council (FSC)." 
          • Target date
            2021
            0.7/0.7
            Target date
            2021
            0.7/0.7
            Subsidiary Condé Nast commits to a goal of paper that is 100% internationally certified by the end of 2021. "We have made strides towards transitioning to 100% fully certified paper via the Programme for the Endorsement of Forest Certification (PEFC) and Forest Stewardship Council (FSC)." 
          • Interim target date
            NA (target date current or achieved or 2022)
            0.3/0.3
            Interim target date
            NA (target date current or achieved or 2022)
            0.3/0.3
            Subsidiary Condé Nast commits to a goal of paper that is 100% internationally certified by the end of 2021. "We have made strides towards transitioning to 100% fully certified paper via the Programme for the Endorsement of Forest Certification (PEFC) and Forest Stewardship Council (FSC)." 
        • Commitment to reduce use of virgin wood fibre
          0/5
          • Commitment details
            No
            0/3
          • Commitment applies to all regions, suppliers and operation
            No
            0/1.3
          • Target date
            No target date
            0/0.7
          • Interim target date
            No
            0/0.3
        • Commitment to a traceable supply chain
          0/6
          • Commitment details
            No traceability commitment
            0/4
          • Commitment applies to all regions, suppliers and operation
            No
            0/1.3
          • Target date
            No target date
            0/0.7
          • Interim target date
            No
            0/0.3
      • Social Considerations
        0/18
        • Labour rights in the supply chain
          No
          0/4
        • Inclusion of small-scale farmers
          No
          0/4
        • Gender equality in the supply chain
          No commitment
          0/4
        • Commitment to remediation
          No
          0/2
        • Commitment to ensure Free, Prior and Informed Consent
          No
          0/4
        • Commitment to resolve land conflicts
          No
      • Reporting and Implementation
        4/50
        • Reporting against commitments
          1/2
          • Commitment to protect priority forests
            Yes, for partial or unclear commodity exposure
            0.8/1.7
            Commitment to protect priority forests
            Yes, for partial or unclear commodity exposure
            0.8/1.7
            Does the company report on the degree of compliance/progress with commitments, disaggregated by relevant factors such as origin or supply chain stage?: No
            "Over 96% of the 35,000* tons of paper we used in 2018 was internationally certified. Our goal is to reach 100% by the end of 2021. We have made strides towards transitioning to 100% fully certified paper via the Programme for the Endorsement of Forest Certification (PEFC) and Forest Stewardship Council (FSC)." [...] "*Note: this excludes the US market. In 2019, the estimated paper usage in the US is within the range of 46,000 tonnes. Further details of the 2019 global paper consumption will be announced in due course."
          • Commitment to reduce use of virgin wood fibre
            No
            0/1.7
          • Commitment to a traceable supply chain
            No
            0/1.7
        • Reporting is independently verified
          0/1
          • Commitment to protect priority forests
            Yes, using a third-party verification scheme or certification scheme.
            1/1
            Commitment to protect priority forests
            Yes, using a third-party verification scheme or certification scheme.
            1/1
            Is the performance of compliance of some suppliers, sources, or origins not verified, and if so why not?: No, unclear.

            Which tools, approaches, third-party verification, including certification, schemes are used?: Certification schemes 

            For what percent of the company's supply volume is third-party verification of performance relative to commitments conducted?: 100%

            What percent of the company's supply volume is verified using company verification systems?: NA

            Which processes or groups does the company use for third party verification?: Certification schemes PEFC and FSC 
            "Over 96% of the 35,000* tons of paper we used in 2018 was internationally certified. Our goal is to reach 100% by the end of 2021. We have made strides towards transitioning to 100% fully certified paper via the Programme for the Endorsement of Forest Certification (PEFC) and Forest Stewardship Council (FSC)." [...] "*Note: this excludes the US market. In 2019, the estimated paper usage in the US is within the range of 46,000 tonnes. Further details of the 2019 global paper consumption will be announced in due course."
          • Commitment to reduce use of virgin wood fibre
            No
            0/1
            Commitment to reduce use of virgin wood fibre
            No
            0/1
            Which processes or groups does the company use for third party verification?: FSC, PEFC 

            Which tools, approaches, third-party verification, including certification, schemes are used?: FSC, PEFC 
          • Commitment to a traceable supply chain
            No
            0/1
        • Suppliers aligned with deforestation commitments across supply chain
          No
          0/2
        • Deforestation cut off date
          No
          0/2
        • Collaborative actions
          No
          0/2
        • Risk assessments for forest risk
          No
          0/2
        • Operations assessed to comply with law
          No
          0/2
        • Accessible grievance mechanism
          No
          0/4
          Accessible grievance mechanism
          No
          0/4
          What is the nature of the grievance mechanism used by the company (own mechanism, that of external company, internationally recognised mechanism, etc.)?: NA

          Does the company publish grievances that have been made against it, as well as responses and resolutions including status and timeframes: No
        • Report volumes of commodity
          Reporting partial volumes
          1/2
          Report volumes of commodity
          Reporting partial volumes
          1/2
          Total/partial volume reported: 81000
          "Over 96% of the 35,000* tons of paper we used in 2018 was internationally certified. Our goal is to reach 100% by the end of 2021." and "*Note: this excludes the US market. In 2019, the estimated paper usage in the US is within the range of 46,000 tonnes. Further details of the 2019 global paper consumption will be announced in due course."
        • Report verified volumes of commodity
          Some disclosure of compliant commodity/unclear % of volume/no verification of reporting
          1/6
          Report verified volumes of commodity
          Some disclosure of compliant commodity/unclear % of volume/no verification of reporting
          1/6
          What third-party verification is used?: PEFC and FSC

          What is the certified volume?: 33,600 tons
          "Over 96% of the 35,000* tons of paper we used in 2018 was internationally certified."
        • Upstream: Monitor compliance with human rights
          No
          0/4
        • Downstream: Publishing supplier lists
          No
          0/4
        • Downstream: Monitor compliance in supply chain
          No
          0/4
        • Downstream: Reporting hectares of deforestation
          No
          0/4
        • Downstream: Engagement with non-compliant suppliers
          No engagement or exclusion
          0/2
        • Downstream: Disclosure of non-compliant suppliers
          No disclosure
          0/2
  • Commitment strength
    3/20
    Avg. score
  • Reporting and Implementation
    4/50
    Avg. score
  • Social considerations
    0/18
    Avg. score

Profile

Advance Publications is an American communications company that publishes magazines, newspapers, and journals, as well as online publishing and television. Advance Publications is one of the largest magazine publishers globally, and one of the company’s subsidiaries is Condé Nast, whose magazine portfolio includes brands such as Vogue, Vanity Fair, GQ, and Wired. The publishing operations require a large amount of pulp and paper. Advance Publications Inc. is selected as a powerbroker for pulp & paper.

Sector
Industry sector 
Printing & publishing
Segments
Retailer
HQ
HQ 
United States
Company Type
Company type 
Private
Collective Commitments
Consumer Goods Forum member
New York Declaration on Forests signatory

Top Brands

Allure, Architectural Digest, Bon Appetit, Brides, House & Garden, Condé Nast Traveler, Glamour, Golf Digest, Golf World, GQ, Lucky, The New Yorker, Self, Tatler, Teen Vogue, Vanity Fair, Vogue, Wired, The World of Interiors

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.

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.