-
Overall approach2/16
-
Overarching commitment on deforestation0/6
-
Signatory to an initiative tackling deforestation0/1
-
Awareness of the value of forests1/1
-
Deforestation as a business risk0/1
-
High-level management of deforestion1/1
-
Executive compensation linked to deforestation
-
Target to reduce emissions from land-use change0/3
-
Reporting on emissions from land-use change0/3
-
Disclosure of conservation activity
-
Disclosure of reforestation activity
-
-
Commodity score47/84
-
Palm oil62/84
-
Commitment Strength24/28
-
Commitment to protect priority forests9/12
-
Commitment detailsZero-gross deforestation6/8
-
Commitment applies to all regions, suppliers and operationYes2/2
-
Target date20211.2/1.3
-
Interim target dateNo0/0.7
-
-
Commitment to protect High Carbon Stock areas and/or peatlands7/8
-
Commitment detailsYes4/4
-
Commitment applies to all regions, suppliers and operationYes2/2
-
Target date20211.2/1.3
-
Interim target dateNo0/0.7
-
-
Commitment to a traceable supply chain7/8
-
Commitment detailsTraces to Point of production4/4
-
Commitment applies to all regions, suppliers and operationYes2/2
-
Target date20250.5/1.3
-
Interim target dateYes0.7/0.7
-
-
-
Social Considerations12/18
-
Labour rights in the supply chainYes4/4
-
Inclusion of small-scale farmersYes4/4
-
Gender equality in the supply chainEquality in the supply chain2/4
-
Commitment to remediationNo0/2
-
Commitment to ensure Free, Prior and Informed ConsentYes the company commits to securing FPIC prior to acquiring new interests/developments/expansions2/4
-
-
Reporting and Implementation27/38
-
Reporting against commitments6/6
-
Commitment to protect priority forestsYes2/2
-
Commitment to protect High Carbon Stock areas and/or peatlandsYes2/2
-
Commitment to a traceable supply chainYes2/2
-
-
Reporting is independently verified3/4
-
Commitment to protect priority forestsYes: third-party1.3/1.3
-
Commitment to protect High Carbon Stock areas and/or peatlandsYes: third-party1.3/1.3
-
Commitment to a traceable supply chainNo0/1.3
-
-
Deforestation cut off dateYes2/2
-
Collaborative actionsYes2/2
-
Risk assessments for forest riskYes2/2
-
Operations assessed to comply with lawYes2/2
-
Accessible grievance mechanismYes4/4
-
Report volumes of commodityReporting non-certified/non-compliant volume; Reporting certified/compliant volume4/4
-
Upstream: Impact assessments for land development/acquisitionYes4/4
-
Upstream: Reporting production/processing locationsNo disclosure0/4
-
Downstream: Publishing supplier listsNo disclosure0/4
-
Upstream: Monitor compliance of production/processingYes using an internal monitoring system4/4
-
Downstream: Monitor compliance in supply chainYes for its suppliers only3/4
-
Downstream: Engagement with non-compliant suppliersEngage with suppliers but with no time-bound threat of exclusion1/2
-
Downstream: Disclosure of non-compliant suppliersYes (engaged)1/2
-
-
-
Pulp & Paper *18/84
-
Commitment Strength0/28
-
Commitment to protect priority forests0/12
-
Commitment detailsNo commitment0/8
-
Commitment applies to all regions, suppliers and operationNo0/2
-
Target dateNo target date0/1.3
-
Interim target dateNo0/0.7
-
-
Commitment to reduce use of virgin wood fibre0/8
-
Commitment detailsNo0/4
-
Commitment applies to all regions, suppliers and operationNo0/2
-
Target dateNo target date0/1.3
-
Interim target dateNo0/0.7
-
-
Commitment to a traceable supply chain0/8
-
Commitment detailsNo traceability commitment0/4
-
Commitment applies to all regions, suppliers and operationNo0/2
-
Target dateNo target date0/1.3
-
Interim target dateNo0/0.7
-
-
-
Social Considerations14/18
-
Labour rights in the supply chainYes4/4
-
Inclusion of small-scale farmersYes4/4
-
Gender equality in the supply chainEquality in the supply chain2/4
-
Commitment to remediationYes2/2
-
Commitment to ensure Free, Prior and Informed ConsentYes the company commits to securing FPIC prior to acquiring new interests/developments/expansions2/4
-
-
Reporting and Implementation4/38
-
Reporting against commitments0/6
-
Commitment to protect priority forestsNo0/2
-
Commitment to reduce use of virgin wood fibreNo0/2
-
Commitment to a traceable supply chainNo0/2
-
-
Reporting is independently verified0/4
-
Commitment to protect priority forestsNo0/1.3
-
Commitment to reduce use of virgin wood fibreNo0/1.3
-
Commitment to a traceable supply chainNo0/1.3
-
-
Deforestation cut off dateNo0/2
-
Collaborative actionsNo0/2
-
Risk assessments for forest riskNo0/2
-
Operations assessed to comply with lawNo0/2
-
Accessible grievance mechanismYes4/4
-
Report volumes of commodityNo reporting0/4
-
Downstream: Publishing supplier listsNo disclosure0/4
-
Downstream: Monitor compliance in supply chainNo0/4
-
Downstream: Engagement with non-compliant suppliersNo engagement or exclusion0/2
-
Downstream: Disclosure of non-compliant suppliersNo disclosure0/2
-
-
-
-
Commitment strength16/28
-
Reporting and Implementation19/38
-
Social considerations13/18
* commodity scores for which a company is not a powerbroker are given half the weighting of other commodities in total scores
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.
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.
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