Download data

Powerbroker for

Select an assessment year:

  • Overall approach
    0/16
    • Overarching commitment on deforestation
      0/6
    • Signatory to an initiative tackling deforestation
      0/1
    • Awareness of the value of forests
      0/1
    • 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
      0/3
    • Reporting on emissions from land-use change
      0/3
    • Disclosure of conservation activity
    • Disclosure of reforestation activity
  • Commodity score
    6/84
    • Soy
      6/84
      • Commitment Strength
        0/28
        • Commitment to protect priority forests
          0/17
          • Commitment details
            No commitment
            0/10.7
            Commitment to protect priority forests
            No commitment
            0/10.7
            (For downstream soy companies only) Does the company commitment also apply to hidden/indirect soy?: No
          • Commitment applies to all regions, suppliers and operation
            No
            0/3
          • Target date
            No target date
            0/2
          • Interim target date
            No
            0/1
        • Commitment to a traceable supply chain
          0/11
          • Commitment details
            No traceability commitment
            0/5.3
          • Commitment applies to all regions, suppliers and operation
            No
            0/3
          • Target date
            No target date
            0/2
          • Interim target date
            No
            0/1
      • 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 commitment
          0/4
      • Reporting and Implementation
        6/38
        • Reporting against commitments
          0/6
          • Commitment to protect priority forests
            No
            0/3
          • Commitment to a traceable supply chain
            No
            0/3
        • Reporting is independently verified
          0/4
          • Commitment to protect priority forests
            No
            0/2
          • Commitment to a traceable 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
          Yes
          4/4
          Accessible grievance mechanism
          Yes
          4/4
          Details of the mechanism: Social

          Does the company publish grievances that have been made against it, as well as responses and resolutions including status and timeframes: No

          What is the nature of the grievance mechanism used by the company (own mechanism, that of external company, internationally recognised mechanism, focused on social issues, focused on environmental issues, etc.)?: Whistleblower Channel
          "To all those willing to report irregular situations in connection with accounting, control or auditing issues, Cresud makes available the following email address cresud@c-etica-denuncias.com.ar , preserving their identities according to what is regulated by SARBANES OXLEY law, section 301. All information related to violations or doubtful conduct according to the Code of Ethics must be communicated to the Ethics Committee: a) via mail to comiteetica@cresud.com.ar, b) by mail to the Committee of Ethics at Moreno 877, 24th floor, ( C1091AAQ) CABA, Argentina. c) by telephone (54-11) 4344-5000 or 0800-333-1900, d) personally contacting any member of the Ethics Committee."
        • Report volumes of commodity
          Reporting non-certified/non-compliant volume
          2/4
          Report volumes of commodity
          Reporting non-certified/non-compliant volume
          2/4
          What is the non-certified/non-compliant volume?: 355,670 tons
          Cresud reports that in FY2019, they produced 355,670 tons of soy.
        • Upstream: Impact assessments for land development/acquisition
          No
          0/4
        • Upstream: Reporting production/processing locations
          Reports location of uncertified land holdings only
          1/4
          Upstream: Reporting production/processing locations
          Reports location of uncertified land holdings only
          1/4
          For what percent are point locations (of holdings under conservation) disclosed?: 0 Not specified

          For what percent are point locations (of certified land holdings) disclosed?: 0 Not specified

          For what percent are boundaries (of certified land holdings) disclosed?: 0 Not specified

          From what sub-national jurisdiction(s) does the company source material?: Not specified

          In what jurisdiction(s)/subnational region does the company operate and/or source material?: Not specified

          For what percent are boundaries (of holdings under conservation) disclosed?: 0 Not specified

          In what country(ies) does the company operate and/or source material?: Argentina, Brazil, Bolivia, Paraguay

          For what percent are boundaries disclosed?: 0 Not specified

          What is the total area (in ha) of natural ecosystem on land owned, managed, or controlled by the company?: 271,461 ha

          What type of conservation designation and/or conservation status is used?: Natural reserve

          For what percent are point locations (of land holdings and processing facilities) disclosed?: 0 Not specified

          What is the total area of land (in ha) that is available for future production, e.g. concessions?: 472,002.25 hectares

          What is the total area in production (in ha)?: 303,146 hectares

          What is the total land area owned, managed, or controlled by the company for the forest risk commodity?: 775,148.25 hectares

          What types of ecosystems are these?: Chaco, Amazon Rainforest, Cerrado
          Company publishes a map showing the rough locations of its land holdings, with information boxes for each site including name of site, area under production, total land area, and activities (eg. agriculture, livestock, reserve). In their Sustainability Report, they report that of their reserved land, 271,461 ha are "natural reserve" or "green lung" - 60% of the total reserved area [translation]. The remaining 179,097 ha, or 40%, is "reserve with potential for production".
        • Upstream: Monitor compliance of production/processing
          No
          0/4
    • Beef *
      6/84
      • Commitment Strength
        0/28
        • Commitment to protect priority forests
          0/17
          • Commitment details
            No commitment
            0/10.7
          • Commitment applies to all regions, suppliers and operation
            No
            0/3
          • Target date
            No target date
            0/2
          • Interim target date
            No
            0/1
        • Commitment to a traceable supply chain
          0/11
          • Commitment details
            No traceability commitment
            0/5.3
          • Commitment applies to all regions, suppliers and operation
            No
            0/3
          • Target date
            No target date
            0/2
          • Interim target date
            No
            0/1
      • 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 commitment
          0/4
      • Reporting and Implementation
        6/38
        • Reporting against commitments
          0/6
          • Commitment to protect priority forests
            No
            0/3
          • Commitment to a traceable supply chain
            No
            0/3
        • Reporting is independently verified
          0/4
          • Commitment to protect priority forests
            No
            0/2
          • Commitment to a traceable 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
          Yes
          4/4
          Accessible grievance mechanism
          Yes
          4/4
          Does the company publish grievances that have been made against it, as well as responses and resolutions including status and timeframes: No

          What is the nature of the grievance mechanism used by the company (own mechanism, that of external company, internationally recognised mechanism, focused on social issues, focused on environmental issues, etc.)?: Whistleblower Channel

          Details of the mechanism: Social
          "To all those willing to report irregular situations in connection with accounting, control or auditing issues, Cresud makes available the following email address cresud@c-etica-denuncias.com.ar , preserving their identities according to what is regulated by SARBANES OXLEY law, section 301. All information related to violations or doubtful conduct according to the Code of Ethics must be communicated to the Ethics Committee: a) via mail to comiteetica@cresud.com.ar, b) by mail to the Committee of Ethics at Moreno 877, 24th floor, ( C1091AAQ) CABA, Argentina. c) by telephone (54-11) 4344-5000 or 0800-333-1900, d) personally contacting any member of the Ethics Committee."
        • Report volumes of commodity
          Reporting non-certified/non-compliant volume
          2/4
          Report volumes of commodity
          Reporting non-certified/non-compliant volume
          2/4
          What is the non-certified/non-compliant volume?: 11,173 tons
          Cresud reports that in FY2019, they produced 11,173 tons of beef.
        • Upstream: Impact assessments for land development/acquisition
          No
          0/4
        • Upstream: Reporting production/processing locations
          Reports location of uncertified land holdings only
          1/4
          Upstream: Reporting production/processing locations
          Reports location of uncertified land holdings only
          1/4
          From what sub-national jurisdiction(s) does the company source material?: Not specified

          In what jurisdiction(s)/subnational region does the company operate and/or source material?: Not specified

          What is the total area in production (in ha)?: 303,146 hectares

          For what percent are point locations (of land holdings and processing facilities) disclosed?: 0 Not specified

          In what country(ies) does the company operate and/or source material?: Argentina, Brazil, Bolivia, Paraguay

          For what percent are boundaries disclosed?: 0 Not specified

          For what percent are boundaries (of holdings under conservation) disclosed?: 0 Not specified

          What is the total land area owned, managed, or controlled by the company for the forest risk commodity?: 775,148.25 hectares

          What types of ecosystems are these?: Chaco, Amazon Rainforest, Cerrado

          What is the total area (in ha) of natural ecosystem on land owned, managed, or controlled by the company?: 271,461 ha

          For what percent are boundaries (of certified land holdings) disclosed?: 0 Not specified

          For what percent are point locations (of holdings under conservation) disclosed?: 0 Not specified

          For what percent are point locations (of certified land holdings) disclosed?: 0 Not specified

          What type of conservation designation and/or conservation status is used?: Natural reserve

          What is the total area of land (in ha) that is available for future production, e.g. concessions?: 472,002.25 hectares
          Company publishes a map showing the rough locations of its land holdings, with information boxes for each site including name of site, area under production, total land area, and activities (eg. agriculture, livestock, reserve). In their Sustainability Report, they report that of their reserved land, 271,461 ha are "natural reserve" or "green lung" - 60% of the total reserved area [translation]. The remaining 179,097 ha, or 40%, is "reserve with potential for production".
        • Upstream: Monitor compliance of production/processing
          No
          0/4
  • * commodity scores for which a company is not a powerbroker are given half the weighting of other commodities in total scores

  • Commitment strength
    0/28
    Avg. score
  • Reporting and Implementation
    6/38
    Avg. score
  • Social considerations
    0/18
    Avg. score

Profile

Cresud is an Argentinian agricultural company producing crops and cattle for beef and milk with facilities in Argentina, Brazil, Bolivia and Paraguay. Cresud S.A. is selected as a powerbroker for soy and is also assessed for its exposure to beef.

Sector
Industry sector 
Agriculture
Segments
Producer, Processor
HQ
HQ 
Argentina
Company Type
Company type 
Public listed
Collective Commitments
Consumer Goods Forum member
New York Declaration on Forests signatory

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.