Felda Global Ventures Holdings Bhd.

Overall approach

2/16
- Overarching commitment on deforestation
  
  0/6
  
  Deforestation commitment
  
  Commodity-specific commitment
  
  0/6
  
  Commodities (if applicable): Palm oil
  
  "In line with this, FGV undertakes to [...] ensure protection of the environment including through [....] no deforestation, no new planting on peat and no development on areas of natural forest, high carbon stock (HCS) or high conservation value (HCV)".
  
  Open source document
- Signatory to an initiative tackling deforestation
  
  0/1
  
  Signatory
  
  No
  
  0/1
  
  If Other Initiative, specify::
- Awareness of the value of forests
  
  1/1
  
  Awareness
  
  Yes
  
  1/1
  
  "In line with this, FGV undertakes to [...] ensure protection of the environment including through [....] no deforestation, no new planting on peat and no development on areas of natural forest, high carbon stock (HCS) or high conservation value (HCV)".
  
  Open source document
- Deforestation as a business risk
  
  0/1
- High-level management of deforestion
  
  1/1
  
  High-level management
  
  Yes
  
  1/1
  
  How often does the committee or board meet to assess company's progress on addressing deforestation-related issues?:
  
  Which commodities does it apply to?: Palm oil
  
  "In line with our strong commitment to sustainability, we have expanded the scope of our Sustainability Division to cover the whole Group and the Sustainability Division now reports directly to the Group Chief Executive Officer. This structural change reflects FGV’s seriousness in embedding and mainstreaming sustainability within and throughout the Group’s operations and supply chain. [...] Sustainability Compliance and Certification"
  
  Open source document
- 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

47/84
- Palm oil
  
  62/84
  - Commitment Strength
    
    24/28
    - Commitment to protect priority forests
      
      9/12
      - Commitment details
        Zero-gross deforestation
        
        6/8
        
        Commitment to protect priority forests
        
        Zero-gross deforestation
        
        6/8
        
        Which certification schemes are used?: RSPO
        
        "2021 RSPO certification of all mill complexes in Malaysia [...] 2021 RSPO group certification for FFB suppliers from associated and independent smallholders in Malaysia"
        
        Open source document
      - Commitment applies to all regions, suppliers and operation
        Yes
        
        2/2
        
        Commitment applies to all regions, suppliers and operation
        
        Yes
        
        2/2
        
        "2021 RSPO certification of all mill complexes in Malaysia [...] 2021 RSPO group certification for FFB suppliers from associated and independent smallholders in Malaysia"
        
        Open source document
      - Target date
        2021
        
        1.2/1.3
        
        Target date
        
        2021
        
        1.2/1.3
        
        "2021 RSPO certification of all mill complexes in Malaysia [...] 2021 RSPO group certification for FFB suppliers from associated and independent smallholders in Malaysia"
        
        Open source document
      - Interim target date
        No
        
        0/0.7
    - Commitment to protect High Carbon Stock areas and/or peatlands
      
      7/8
      - Commitment details
        Yes
        
        4/4
        
        Commitment to protect High Carbon Stock areas and/or peatlands
        
        Yes
        
        4/4
        
        Type of commitment: HCS; Peat
        
        "2021 RSPO certification of all mill complexes in Malaysia [...] 2021 RSPO group certification for FFB suppliers from associated and independent smallholders in Malaysia [...] Our policy adopts the following practices: 1. No new planting on peatland regardless of depth 2. No development in areas of natural forest, high carbon stock (HCS) or high conservation value (HCV)"
        
        Open source document
      - Commitment applies to all regions, suppliers and operation
        Yes
        
        2/2
        
        Commitment applies to all regions, suppliers and operation
        
        Yes
        
        2/2
        
        "2021 RSPO certification of all mill complexes in Malaysia [...] 2021 RSPO group certification for FFB suppliers from associated and independent smallholders in Malaysia [...] Our policy adopts the following practices: 1. No new planting on peatland regardless of depth 2. No development in areas of natural forest, high carbon stock (HCS) or high conservation value (HCV)"
        
        Open source document
      - Target date
        2021
        
        1.2/1.3
        
        Target date
        
        2021
        
        1.2/1.3
        
        "2021 RSPO certification of all mill complexes in Malaysia [...] 2021 RSPO group certification for FFB suppliers from associated and independent smallholders in Malaysia [...] Our policy adopts the following practices: 1. No new planting on peatland regardless of depth 2. No development in areas of natural forest, high carbon stock (HCS) or high conservation value (HCV)"
        
        Open source document
      - Interim target date
        No
        
        0/0.7
    - Commitment to a traceable supply chain
      
      7/8
      - Commitment details
        Traces to Point of production
        
        4/4
        
        Commitment to a traceable supply chain
        
        Traces to Point of production
        
        4/4
        
        FGV Holdings' traceability commitment has three steps; "100% traceable to palm oil mills (Phase 1)" by 2021, "100% traceable to plantations for FGV-owned mills" by 2021, and "Develop traceability system for our supply base" of which phase 2 and 3 are "Traceable up to FGV estates and FELDA settlers" and "Traceable up to outgrowers".
        
        Open source document
      - Commitment applies to all regions, suppliers and operation
        Yes
        
        2/2
        
        Commitment applies to all regions, suppliers and operation
        
        Yes
        
        2/2
        
        FGV Holdings' traceability commitment has three steps; "100% traceable to palm oil mills (Phase 1)" by 2021, "100% traceable to plantations for FGV-owned mills" by 2021, and "Develop traceability system for our supply base" of which phase 2 and 3 are "Traceable up to FGV estates and FELDA settlers" and "Traceable up to outgrowers".
        
        Open source document
      - Target date
        2025
        
        0.5/1.3
        
        Target date
        
        2025
        
        0.5/1.3
        
        FGV Holdings' traceability commitment has three steps; "100% traceable to palm oil mills (Phase 1)" by 2021, "100% traceable to plantations for FGV-owned mills" by 2021, and "Develop traceability system for our supply base" of which phase 2 and 3 are "Traceable up to FGV estates and FELDA settlers" and "Traceable up to outgrowers".
        
        Open source document
      - Interim target date
        Yes
        
        0.7/0.7
        
        Interim target date
        
        Yes
        
        0.7/0.7
        
        What date is given for the interim milestone(s)?: 2021
        
        FGV Holdings' traceability commitment has three steps; "100% traceable to palm oil mills (Phase 1)" by 2021, "100% traceable to plantations for FGV-owned mills" by 2021, and "Develop traceability system for our supply base" of which phase 2 and 3 are "Traceable up to FGV estates and FELDA settlers" and "Traceable up to outgrowers".
        
        Open source document
  - Social Considerations
    
    12/18
    - Labour rights in the supply chain
      Yes
      
      4/4
      
      Labour rights in the supply chain
      
      Yes
      
      4/4
      
      Details of commitment: Discrimination; Forced Labour; Child Labour; Freedom of association
      
      "In fulfilling its responsibility to respect human rights, FGV Group is guided by the United Nations Guiding Principles on Business and Human Rights (UNGPs).FGV Group is committed to ensure that its operations are free from any form of exploitation and to eliminate any form of forced and bonded labour, human trafficking and slavery, and child labour in all its operations [...] FGV Group reiterates its commitment to respect employees’ and workers’ right to freedom of movement, fair working hours, freedom of association and right to decent living condition [...] FGV Group is committed to the principles of non-discrimination"
      
      Open source document
    - Inclusion of small-scale farmers
      Yes
      
      4/4
      
      Inclusion of small-scale farmers
      
      Yes
      
      4/4
      
      What is the nature of that support?: Economic
      
      "FGV Group promotes the inclusion of smallholders and outgrowers into our supply chain in a fair, transparent and equitable manner." "FGV Group's priorities are to promote economic growth, prosperity and enhance the livelihoods of local communities, in particular its associated smallholders."
      
      Open source document
    - Gender equality in the supply chain
      Equality in the supply chain
      
      2/4
      
      Gender equality in the supply chain
      
      Equality in the supply chain
      
      2/4
      
      "Gender Equality and Preventing Sexual Harassment & Violence 3.1.6.1 FGV Group is committed to the principles of non-discrimination and gender equality."
      
      Open source document
    - Commitment to remediation
      No
      
      0/2
      
      Commitment to remediation
      
      No
      
      0/2
      
      "FGV Group shall consider replanting when due based on economic, legal and/or environmental concern(s)."
      
      Open source document
    - Commitment to ensure Free, Prior and Informed Consent
      Yes the company commits to securing FPIC prior to acquiring new interests/developments/expansions
      
      2/4
      
      Commitment to ensure Free, Prior and Informed Consent
      
      Yes the company commits to securing FPIC prior to acquiring new interests/developments/expansions
      
      2/4
      
      "Respect for Community Rights [...] FGV Group respects the rights of indigenous and local communities, including their rights to give or withhold their consent to land over which they hold legal, communal or customary rights. 3.1.4.3 FGV Group shall observe the principles of free, prior and informed (FPIC) consent prior to any new land development."
      
      Open source document
  - Reporting and Implementation
    
    27/38
    - Reporting against commitments
      
      6/6
      - Commitment to protect priority forests
        Yes
        
        2/2
        
        Commitment to protect priority forests
        
        Yes
        
        2/2
        
        Does the company report on the degree of compliance/progress with commitments, disaggregated by relevant factors such as origin or supply chain stage?: Yes
        
        "As of December 2019, FGV has 33 mills that are RSPO-certified with certified quantities of 454,918 MT of CSPO, 112,398 MT of Certified Sustainable Palm Kernel and 54,045 MT of Certified Sustainable Palm Kernel Oil."
        
        Open source document
      - Commitment to protect High Carbon Stock areas and/or peatlands
        Yes
        
        2/2
        
        Commitment to protect High Carbon Stock areas and/or peatlands
        
        Yes
        
        2/2
        
        Does the company report on the degree of compliance/progress with commitments, disaggregated by relevant factors such as origin or supply chain stage?: Yes
        
        "As of December 2019, FGV has 33 mills that are RSPO-certified with certified quantities of 454,918 MT of CSPO, 112,398 MT of Certified Sustainable Palm Kernel and 54,045 MT of Certified Sustainable Palm Kernel Oil."
        
        Open source document
      - Commitment to a traceable supply chain
        Yes
        
        2/2
        
        Commitment to a traceable supply chain
        
        Yes
        
        2/2
        
        Does the company report on the degree of compliance/progress with commitments, disaggregated by relevant factors such as origin or supply chain stage?: Yes
        
        In 2020, FGV Holdings reported they had achieved "100% traceable to palm oil mills (Phase 1)" in 2018 for both CPO and PKO.
        
        Open source document
    - Reporting is independently verified
      
      3/4
      - Commitment to protect priority forests
        Yes: third-party
        
        1.3/1.3
        
        Commitment to protect priority forests
        
        Yes: third-party
        
        1.3/1.3
        
        Which tools, approaches, third-party verification, including certification, schemes are used?: RSPO Certification
        
        Which processes or groups does the company use for third party verification?: RSPO Certification
        
        "2021 RSPO certification of all mill complexes in Malaysia [...] 2021 RSPO group certification for FFB suppliers from associated and independent smallholders in Malaysia"
        
        Open source document
      - Commitment to protect High Carbon Stock areas and/or peatlands
        Yes: third-party
        
        1.3/1.3
        
        Commitment to protect High Carbon Stock areas and/or peatlands
        
        Yes: third-party
        
        1.3/1.3
        
        Which tools, approaches, third-party verification, including certification, schemes are used?: RSPO Certification
        
        Which processes or groups does the company use for third party verification?: RSPO Certification
        
        "2021 RSPO certification of all mill complexes in Malaysia [...] 2021 RSPO group certification for FFB suppliers from associated and independent smallholders in Malaysia [...] Our policy adopts the following practices: 1. No new planting on peatland regardless of depth 2. No development in areas of natural forest, high carbon stock (HCS) or high conservation value (HCV)"
        
        Open source document
      - Commitment to a traceable supply chain
        No
        
        0/1.3
    - Deforestation cut off date
      Yes
      
      2/2
      
      Deforestation cut off date
      
      Yes
      
      2/2
      
      Cut-off date: 25 August 2016
      
      "FGV adopted its ‘No Deforestation, No Peat, No Exploitation’ (NDPE) policy in 2016, a commitment that is important in recognising environmental protection and respect for human rights. The Group has also decided that it will not develop any greenfield areas of high conservation value, including peatlands, and where possible, will restore peatlands that were previously cleared after 25 August 2016,"
      
      Open source document
    - Collaborative actions
      Yes
      
      2/2
      
      Collaborative actions
      
      Yes
      
      2/2
      
      What is the nature of that participation?: Providing support/advice/experience/expertise; Providing financial support; Providing technical capacity
      
      What initiatives does the company participate in?: MSPO Certification for Independent Smallholders (ISHs) Project
      
      "Initiated the MSPO Certification for Independent Smallholders (ISHs) Project in collaboration with the Malaysian Palm Oil Board (MPOB) and assisted 2,368 FFB supplier ISHs to obtain MSPO certification."
      
      Open source document
    - Risk assessments for forest risk
      Yes
      
      2/2
      
      Risk assessments for forest risk
      
      Yes
      
      2/2
      
      How frequently are assessments conducted?: not specified
      
      "High Biodiversity Value (HBV) & High Conservation Value (HCV) [...] FGV Group shall not plant on any HCV areas. [...] FGV Group shall perform HBV or HCV assessments that are in line with the relevant guidelines, and develop management plans to protect, conserve and/or enhance the identified values"
      
      Open source document
    - Operations assessed to comply with law
      Yes
      
      2/2
      
      Operations assessed to comply with law
      
      Yes
      
      2/2
      
      "FGV uses the Global Forest Watch (GFW) Pro platform to trace and monitor deforestation activities around our operations. This platform is an open-source web application that monitors global deforestation rates in near real-time and is able to detect illegal land-clearing activities that encroach into protected areas. If the platform identifies any deforestation activity, we verify if any of our suppliers are associated with it and if they are found to be involved, they will be subjected to our Supplier Delinquency Guideline which may lead to their removal from our supply chain. So far, we have identified one supplier that has been involved in illegal deforestation activities and it has subsequently been removed from our supply chain following efforts by FGV to engage with it"
      
      Open source document
    - Accessible grievance mechanism
      Yes
      
      4/4
      
      Accessible grievance mechanism
      
      Yes
      
      4/4
      
      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.)?: Company owned whistleblowing mechanism
      
      Details of the mechanism: Social; Environmental
      
      Does the company publish grievances that have been made against it, as well as responses and resolutions including status and timeframes: Not routinely
      
      "FGV has established a mechanism to address grievances pertaining to the implementation of FGV’s Group Sustainability Policy. Such grievances may be submitted by any party including organisations or individuals through the following channel".
      
      Open source document
    - Report volumes of commodity
      Reporting non-certified/non-compliant volume; Reporting certified/compliant volume
      
      4/4
      
      Report volumes of commodity
      
      Reporting non-certified/non-compliant volume; Reporting certified/compliant volume
      
      4/4
      
      What is the compliant volume?: 4500.0 tonnes
      
      What is the non-certified/non-compliant volume?: 407618.0 tonnes
      
      Which certification schemes are used?: RSPO
      
      What is the certified volume?: 42800.0 tonnes
      
      FGV Holdings reporting their usage of certified palm oil as 42,800 tonnes, their compliant usage as 4500 tonnes, and their non-certified usage as 407,617 tonnes.
      
      Open source document
    - Upstream: Impact assessments for land development/acquisition
      Yes
      
      4/4
      
      Upstream: Impact assessments for land development/acquisition
      
      Yes
      
      4/4
      
      "FGV has adopted the High-Carbon Stock Approach (HCSA) in current areas of potential development. It takes into consideration both environmental and social aspects in determining suitable areas for new development. We have already incorporated this approach in our investment screening process for all future land acquisitions." "We are committed to ensuring that prior to any expansion, all our land proposed for new plantings will undergo a robust and participatory independent social and environmental impact assessment. In demonstrating transparency, findings of our assessments will be made public and results incorporated into planning, management and operations of the new area."
      
      Open source document
      Open source document
    - Upstream: Reporting production/processing locations
      No disclosure
      
      0/4
    - Downstream: Publishing supplier lists
      No disclosure
      
      0/4
    - Upstream: Monitor compliance of production/processing
      Yes using an internal monitoring system
      
      4/4
      
      Upstream: Monitor compliance of production/processing
      
      Yes using an internal monitoring system
      
      4/4
      
      What tools, processes, bodies carry out monitoring of the company's production or processing operations?: Sustainability Compliance and Certification Department (SCCD)
      
      Does the company use a jurisdictional monitoring mechanism?: No
      
      Does the company use a certification system?: Yes
      
      How frequently is compliance assessed?: Not specified
      
      "Our Sustainability Compliance and Certification Department (SCCD) plays a central role in FGV. It advises the relevant departments and units on all sustainability matters to ensure compliance with relevant standards and requirements of international and local bodies, particularly on Roundtable on Sustainable Palm Oil (RSPO) requirements. As FGV’s main contact point for all RSPO matters, the SCCD is responsible for addressing issues raised by the RSPO’s Complaints Panel, and continually responds promptly to all issues by developing clear action plans and progress reports. Some of the measures taken to address RSPO’s concerns include full-scale audits of employment practices, implementing Standard Operating Procedures across FGV’s operations and improving communication with internal and external stakeholders. "
      
      Open source document
    - Downstream: Monitor compliance in supply chain
      Yes for its suppliers only
      
      3/4
      
      Downstream: Monitor compliance in supply chain
      
      Yes for its suppliers only
      
      3/4
      
      Details of monitoring: Using internal monitoring and verification systems
      
      How frequently is compliance assessed?: constant monitoring
      
      "FGV uses the Global Forest Watch (GFW) Pro platform to trace and monitor deforestation activities around our operations. This platform is an open-source web application that monitors global deforestation rates in near real-time and is able to detect illegal land-clearing activities that encroach into protected areas. If the platform identifies any deforestation activity, we verify if any of our suppliers are associated with it and if they are found to be involved, they will be subjected to our Supplier Delinquency Guideline which may lead to their removal from our supply chain. So far, we have identified one supplier that has been involved in illegal deforestation activities and it has subsequently been removed from our supply chain following efforts by FGV to engage with it"
      
      Open source document
    - Downstream: Engagement with non-compliant suppliers
      Engage with suppliers but with no time-bound threat of exclusion
      
      1/2
      
      Downstream: Engagement with non-compliant suppliers
      
      Engage with suppliers but with no time-bound threat of exclusion
      
      1/2
      
      Does the company engage non-compliant indirect suppliers in order to address and remedy non-compliance?: Yes
      
      What criteria does the policy specify for blacklisting or exclusion?: deforestation in the supply chain
      
      What type of support does the company offer to its suppliers to help them achieve compliance with commitments?: Supplier Delinquency Guidelines
      
      "FGV uses the Global Forest Watch (GFW) Pro platform to trace and monitor deforestation activities around our operations. This platform is an open-source web application that monitors global deforestation rates in near real-time and is able to detect illegal land-clearing activities that encroach into protected areas. If the platform identifies any deforestation activity, we verify if any of our suppliers are associated with it and if they are found to be involved, they will be subjected to our Supplier Delinquency Guideline which may lead to their removal from our supply chain. So far, we have identified one supplier that has been involved in illegal deforestation activities and it has subsequently been removed from our supply chain following efforts by FGV to engage with it"
      
      Open source document
    - Downstream: Disclosure of non-compliant suppliers
      Yes (engaged)
      
      1/2
      
      Downstream: Disclosure of non-compliant suppliers
      
      Yes (engaged)
      
      1/2
      
      How many noncompliant producers or suppliers are engaged through improvement plans or other processes, and what percentage of the company's supply chain volume does that represent?: 1
      
      Does the company have a list of blacklisted or otherwise excluded suppliers or producers?: no
      
      "So far, we have identified one supplier that has been involved in illegal deforestation activities and it has subsequently been removed from our supply chain following efforts by FGV to engage with it"
      
      Open source document
- Pulp & Paper *
  
  18/84
  - Commitment Strength
    
    0/28
    - Commitment to protect priority forests
      
      0/12
      - Commitment details
        No commitment
        
        0/8
      - Commitment applies to all regions, suppliers and operation
        No
        
        0/2
      - Target date
        No target date
        
        0/1.3
      - Interim target date
        No
        
        0/0.7
    - Commitment to reduce use of virgin wood fibre
      
      0/8
      - Commitment details
        No
        
        0/4
      - Commitment applies to all regions, suppliers and operation
        No
        
        0/2
      - Target date
        No target date
        
        0/1.3
      - Interim target date
        No
        
        0/0.7
    - Commitment to a traceable supply chain
      
      0/8
      - Commitment details
        No traceability commitment
        
        0/4
      - Commitment applies to all regions, suppliers and operation
        No
        
        0/2
      - Target date
        No target date
        
        0/1.3
      - Interim target date
        No
        
        0/0.7
  - Social Considerations
    
    14/18
    - Labour rights in the supply chain
      Yes
      
      4/4
      
      Labour rights in the supply chain
      
      Yes
      
      4/4
      
      Details of commitment: Discrimination; Forced Labour; Child Labour; Freedom of association
      
      "In fulfilling its responsibility to respect human rights, FGV Group is guided by the United Nations Guiding Principles on Business and Human Rights (UNGPs).FGV Group is committed to ensure that its operations are free from any form of exploitation and to eliminate any form of forced and bonded labour, human trafficking and slavery, and child labour in all its operations [...] FGV Group reiterates its commitment to respect employees’ and workers’ right to freedom of movement, fair working hours, freedom of association and right to decent living condition [...] FGV Group is committed to the principles of non-discrimination"
      
      Open source document
    - Inclusion of small-scale farmers
      Yes
      
      4/4
      
      Inclusion of small-scale farmers
      
      Yes
      
      4/4
      
      What is the nature of that support?: Economic
      
      "FGV Group promotes the inclusion of smallholders and outgrowers into our supply chain in a fair, transparent and equitable manner." "FGV Group's priorities are to promote economic growth, prosperity and enhance the livelihoods of local communities, in particular its associated smallholders."
      
      Open source document
    - Gender equality in the supply chain
      Equality in the supply chain
      
      2/4
      
      Gender equality in the supply chain
      
      Equality in the supply chain
      
      2/4
      
      "Gender Equality and Preventing Sexual Harassment & Violence 3.1.6.1 FGV Group is committed to the principles of non-discrimination and gender equality."
      
      Open source document
    - Commitment to remediation
      Yes
      
      2/2
      
      Commitment to remediation
      
      Yes
      
      2/2
      
      "FGV Group shall consider replanting when due based on economic, legal and/or environmental concern(s)."
      
      Open source document
    - Commitment to ensure Free, Prior and Informed Consent
      Yes the company commits to securing FPIC prior to acquiring new interests/developments/expansions
      
      2/4
      
      Commitment to ensure Free, Prior and Informed Consent
      
      Yes the company commits to securing FPIC prior to acquiring new interests/developments/expansions
      
      2/4
      
      "Respect for Community Rights [...] FGV Group respects the rights of indigenous and local communities, including their rights to give or withhold their consent to land over which they hold legal, communal or customary rights. 3.1.4.3 FGV Group shall observe the principles of free, prior and informed (FPIC) consent prior to any new land development."
      
      Open source document
  - Reporting and Implementation
    
    4/38
    - Reporting against commitments
      
      0/6
      - Commitment to protect priority forests
        No
        
        0/2
      - Commitment to reduce use of virgin wood fibre
        No
        
        0/2
      - Commitment to a traceable supply chain
        No
        
        0/2
    - Reporting is independently verified
      
      0/4
      - Commitment to protect priority forests
        No
        
        0/1.3
      - Commitment to reduce use of virgin wood fibre
        No
        
        0/1.3
      - Commitment to a traceable supply chain
        No
        
        0/1.3
    - 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; Environmental
      
      "FGV has established a mechanism to address grievances pertaining to the implementation of FGV’s Group Sustainability Policy. Such grievances may be submitted by any party including organisations or individuals through the following channel".
      
      Open source document
    - Report volumes of commodity
      No reporting
      
      0/4
    - Downstream: Publishing supplier lists
      No disclosure
      
      0/4
    - Downstream: Monitor compliance in supply chain
      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

* commodity scores for which a company is not a powerbroker are given half the weighting of other commodities in total scores

Commitment strength

16/28

Avg. score
Reporting and Implementation

19/38

Avg. score
Social considerations

13/18

Avg. score

Profile

Felda Global Ventures (FGV) is a Malaysian group of agribusiness companies active in the palm, rubber, sugar, and agri-services industries. The group is involved in both the cultivation and processing of oil palm as well as in the manufacturing of palm oil goods. Felda Global Ventures Holdings Bhd. is selected as a powerbroker for palm oil.

Sector

Industry sector

Agri commodities, Agriculture, Oils & fats

Segments

Producer, Trader

Malaysia

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.

Full corporate sector performance data Forest 500 assessment methodology

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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.