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Powerbroker for

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  • Overall approach
    6/10
    • Overarching commitment on deforestation
      3/4
      Overall commitment
      Zero deforestation/Deforestation-free commitment or, for timber, pulp & paper companies only, commitment to well implemented harvest and no deforestation of HCV & HCS areas
      3/4
      Do they have a commitment for other non-Forest 500 commodities, if so which?: NA
      "Genting Plantations supports ‘No Deforestation’ and contributes to the protection of ecosystems and biodiversity in and around the landscapes where it operates. Genting Plantations avoids land clearing in High Conservation Value and High Carbon Stock areas, practices Zero Burning in all our activities, and fully supports the No Deforestation, No Peat and No Exploitation (“NDPE”) agenda."
    • Signatory to an initiative tackling deforestation
      0/1
    • Awareness of the value of forests
      1/1
      Awareness
      Yes
      1/1
      "Genting Plantations supports ‘No Deforestation’ and contributes to the protection of ecosystems and biodiversity in and around the landscapes where it operates. Genting Plantations avoids land clearing in High Conservation Value and High Carbon Stock areas, practices Zero Burning in all our activities, and fully supports the No Deforestation, No Peat and No Exploitation (“NDPE”) agenda. [...] Genting Berhad as an investment holding company does not have a significant direct impact on biodiversity. However, we view biodiversity as a critical sustainability matter to safeguard our planet and its ecosystem. Furthermore, our portfolio companies in the oil palm plantations and power generation businesses are often viewed with biodiversity impacts and our resort properties operate near or within bio-diverse habitats."
    • 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?: NA

      Which commodities does it apply to?: Palm oil
      "Risk & Business Continuity Management Committee Senior Management Management of material sustainability risks of the Group Review material sustainability risks, ensure resources are deployed efficiently to address material sustainability risks, receive and review material sustainability risks reports, make recommendations on management of material sustainability risks [...] Sustainability Department Head of Sustainability Facilitates and advises all divisions on effective management and implementation of sustainability initiatives and internal controls to mitigate business and sustainability risks Secretariat for the Group's Sustainability Working Committee"
    • Executive compensation linked to deforestation
    • Target to reduce emissions from land-use change
      0/1
    • Reporting on emissions from land-use change
      1/1
      Emissions reporting
      Yes
      1/1
      What is the total volume of GHG emissions arising from land use change?: 7,119,000 tons

      Which method is used to calculate the GHG emissions arising from land use change?: RSPO’s PalmGHG toolkit
      Reports scope 3 emission for 2021 as 7,119 thousand tons CO2. Scope 3 includes estates, but not from Indonesia: "Additionally, GHG emissions by our RSPO certified oil mills and estates are further measured using RSPO’s PalmGHG toolkit. The Group projects to include GHG emissions data from our Indonesian operations in the near future.
    • 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?: 128.13 ha
      "GENP was a pioneer in creating a wildlife corridor inside an oil palm plantation. In 1999, in the then Asiatic Tenegang Group of Estates, Sabah, 83.63 hectares of riparian reserves was enriched with more than 23,000 native tree species. In continuation of this spirit, and support for biodiversity conservation in the Kinabatangan River Basin in Sabah, the Group in 2019 had set aside a further 44.5 hectares of oil palm plantation land in Sabah to serve as a wildlife corridor connecting two fragmented areas [...] This conduit contributed by the Company enables wildlife to proliferate and move freely along the river banks and the forest reserves to fulfil the vision to establish 450 acres of riverine conservation forest.""Reforestation of the wildlife corridor: Native tree seedling nurseries are established by the local communities at Sukau Village."
    • Target to reduce emissions in scope 1/2
  • Commodity score
    44/90
    • Palm oil
      44/90
      • Commitment Strength
        14/17
        • Commitment to protect priority forests
          8/9.5
          • Commitment details
            Zero-gross deforestation
            4/6
            Commitment to protect priority forests
            Zero-gross deforestation
            4/6
            Which certification schemes are used?: RSPO

            When was this commitment set?: 2020

            Does the company have a commitment to the protection of other specific named ecosystems?: HCS; Peat
            "Genting Plantations supports ‘No Deforestation’ and contributes to the protection of ecosystems and biodiversity in and around the landscapes where it operates. Genting Plantations avoids land clearing in High Conservation Value and High Carbon Stock areas, practices Zero Burning in all our activities, and fully supports the No Deforestation, No Peat and No Exploitation (“NDPE”) agenda. [...] Genting Plantations is also a member of the Roundtable on Sustainable Palm Oil. " [...] "To date, Genting Plantations’ seven oil mills and nineteen estates have been certifed by the Roundtable for Sustainable Palm Oil (“RSPO”). In addition, all seven oil mills and their supply bases in Malaysia are fully certifed under the Malaysian Sustainable Palm Oil (“MSPO”) certifcation, whilst all these oil mills and their supply bases remain certifed by the International Sustainability and Carbon Certifcation (“ISCC”) EU and ISCC PLUS standards"
          • Commitment applies to all regions, suppliers and operation
            Yes
            2/2
            Commitment applies to all regions, suppliers and operation
            Yes
            2/2
            "Genting Plantations supports ‘No Deforestation’ and contributes to the protection of ecosystems and biodiversity in and around the landscapes where it operates. Genting Plantations avoids land clearing in High Conservation Value and High Carbon Stock areas, practices Zero Burning in all our activities, and fully supports the No Deforestation, No Peat and No Exploitation (“NDPE”) agenda. [...] Genting Plantations is also a member of the Roundtable on Sustainable Palm Oil. " [...] "To date, Genting Plantations’ seven oil mills and nineteen estates have been certifed by the Roundtable for Sustainable Palm Oil (“RSPO”). In addition, all seven oil mills and their supply bases in Malaysia are fully certifed under the Malaysian Sustainable Palm Oil (“MSPO”) certifcation, whilst all these oil mills and their supply bases remain certifed by the International Sustainability and Carbon Certifcation (“ISCC”) EU and ISCC PLUS standards"
          • Target date
            Current/achieved
            1/1
            Target date
            Current/achieved
            1/1
            What actions or steps are identified for time-bound implementation?: NA
            "Genting Plantations supports ‘No Deforestation’ and contributes to the protection of ecosystems and biodiversity in and around the landscapes where it operates. Genting Plantations avoids land clearing in High Conservation Value and High Carbon Stock areas, practices Zero Burning in all our activities, and fully supports the No Deforestation, No Peat and No Exploitation (“NDPE”) agenda. [...] Genting Plantations is also a member of the Roundtable on Sustainable Palm Oil. " [...] "To date, Genting Plantations’ seven oil mills and nineteen estates have been certifed by the Roundtable for Sustainable Palm Oil (“RSPO”). In addition, all seven oil mills and their supply bases in Malaysia are fully certifed under the Malaysian Sustainable Palm Oil (“MSPO”) certifcation, whilst all these oil mills and their supply bases remain certifed by the International Sustainability and Carbon Certifcation (“ISCC”) EU and ISCC PLUS standards"
          • Interim target date
            NA (target date current or achieved or 2023)
            0.5/0.5
            Interim target date
            NA (target date current or achieved or 2023)
            0.5/0.5
            What date is given for the interim milestone?: NA
            "Genting Plantations supports ‘No Deforestation’ and contributes to the protection of ecosystems and biodiversity in and around the landscapes where it operates. Genting Plantations avoids land clearing in High Conservation Value and High Carbon Stock areas, practices Zero Burning in all our activities, and fully supports the No Deforestation, No Peat and No Exploitation (“NDPE”) agenda. [...] Genting Plantations is also a member of the Roundtable on Sustainable Palm Oil. " [...] "To date, Genting Plantations’ seven oil mills and nineteen estates have been certifed by the Roundtable for Sustainable Palm Oil (“RSPO”). In addition, all seven oil mills and their supply bases in Malaysia are fully certifed under the Malaysian Sustainable Palm Oil (“MSPO”) certifcation, whilst all these oil mills and their supply bases remain certifed by the International Sustainability and Carbon Certifcation (“ISCC”) EU and ISCC PLUS standards"
        • Commitment to a traceable supply chain
          6/7.5
          • Commitment details
            Traces to Point of production
            4/4
            Commitment to a traceable supply chain
            Traces to Point of production
            4/4
            When was this commitment set?: 2020
            "Traceability of Produce Genting Plantations recognises the importance of being traceable and enabling consumers of our palm oil products to have confidence in our produce. Commitment Traceability to Plantation Target • 100% by 2030 2021 Progress• 86%"
          • Commitment applies to all regions, suppliers and operation
            Yes
            2/2
            Commitment applies to all regions, suppliers and operation
            Yes
            2/2
            "Traceability of Produce Genting Plantations recognises the importance of being traceable and enabling consumers of our palm oil products to have confidence in our produce. Commitment Traceability to Plantation Target • 100% by 2030 2021 Progress• 86%"
          • Target date
            2028-2030
            0.1/1
            Target date
            2028-2030
            0.1/1
            What actions or steps are identified for time-bound implementation?: "Our approach to engagement also includes conducting meetings, self-assessment questionnaire, traceability forms, as well as consultation."
            "Traceability of Produce Genting Plantations recognises the importance of being traceable and enabling consumers of our palm oil products to have confidence in our produce. Commitment Traceability to Plantation Target • 100% by 2030 2021 Progress• 86%"
          • Interim target date
            No
            0/0.5
      • Associated Human Rights Abuses
        9/17
        • Labour rights in the supply chain
          Yes
          3/3
          Labour rights in the supply chain
          Yes
          3/3
          Other workers' rights commitments: Living wage; Only work legal working hours

          Details of commitment: ILO; UNGP; Discrimination; Forced labour; Child labour; Freedom of association

          How far back in the supply chain does this commitment apply?: Tier 1
          "Our commitment to human rights for our workforce includes the following approaches: • Rights to Safe & Healthy Workplace • Rights to Decent & Fair Living Wages & Benefits • Rights to Fair Working Hours • Rights to Fair Grievance Mechanisms • Rights to Freedom of Association and Collective Bargaining • No Discrimination • No Forced Labour in all of its form • No Child Labour in all of its form"[...]"Supporting and respecting internationally recognised human rights in accordance with our commitment to the United Nations Guiding Principles on Business and Human Rights, as well as alignment to ILO Standards for the benefit of our employees, customers, partners, suppliers, individuals, Human Right Defenders and society as a whole"
        • Inclusion of small-scale farmers
          Yes
          2/2
          Inclusion of small-scale farmers
          Yes
          2/2
          What is the nature of that support?: Technical assistance/support

          How many smallholders do they support, and what percentage does this represent in terms of their sourcing from smallholders?: NA
          "At GENP, we are committed to helping reduce the proportion of people living in poverty by providing job opportunities with a range of benefits, as well as facilitating the inclusion of smallholders within our supply chain. We also invest in a variety of community programmes, some of which provide access to basic services."[...]"In 2013, our Group forged ahead in supporting local smallholders through the establishment of more plasma programmes, thus raising the total land area developed for plasma to nearly 8,000 hectares by the year-end. Development works are matched by equally determined efforts to build mutual goodwill and cooperation through regular consultative meetings with plasma farmers."
        • Gender equality in the supply chain
          Commitment to address gender related labour rights including discrimination and harassment
          1/2
          Gender equality in the supply chain
          Commitment to address gender related labour rights including discrimination and harassment
          0.5/2
          "Sexual Harassment Policy: Genting Plantations has a sexual harassment policy in place which has to be observed by all our workforce, contractors and suppliers. This policy encourages harassment free environment and avoidance of behaviour that may create an atmosphere of hostility and intimidation of any kind at the workplace. No one should be subjected to any form of sexual harassment while carrying out their duties."
        • Commitment to remediation
          No
          0/1
        • Commitment to ensure Free, Prior and Informed Consent
          Yes, and commits to not proceeding with these operations unless consent has been given by Indigenous peoples and local communities
          3/3
          Commitment to ensure Free, Prior and Informed Consent
          Yes, and commits to not proceeding with these operations unless consent has been given by Indigenous peoples and local communities
          3/3
          How far back in the supply chain does this commitment apply?: Tier 1
          "GENP is also committed to respecting the rights of indigenous and local communities by ensuring that our suppliers undertake the necessary impact assessments and implement Free, Prior, Informal Consent (“FPIC”) procedures where required"[...]"No development or expansion of our operations is permitted without Free, Prior and Informed Consent (“FPIC”), and all compensations for lost benefits or relinquishing of rights is negotiated voluntarily, as agreed upon by the communities. Any open or outstanding conflict with the communities is to be resolved according to our conflict resolution procedure and applicable social principles and practices."
        • Commitment to resolve land conflicts
          No
          0/3
        • Zero-tolerance approach to violence and threats
          No
          0/3
      • Implementation and Reporting
        22/56
        • Reporting volumes against commitments
          100%
          2/3
          Reporting volumes against commitments
          100%
          2/3
          How many hectares of deforestation and/or conversion have occurred since the commitment cut-off date in the operations of the company's direct or indirect suppliers?: NA

          How many hectares of deforestation and/or conversion have occurred since the commitment cut-off date on land owned, controlled, or managed by the company?: na

          How many hectares of land owned, controlled or managed is certified?: 76702.0 ha

          What is the compliant volume?: 93594.0 tonnes

          How much of this upstream deforestation is in protected areas, primary forests, intact forest landscapes, and/or peatlands?: NA

          What is the certified volume?: 93594.0 tonnes

          What is the non-certified/non-compliant volume?: 0 tonnes

          What is the proportion of total commodity volume sourced with known deforestation/conversion risk?: 93594.0 tonnes

          How much of this downstream deforestation is in protected areas, primary forests, intact forest landscapes, and/or peatlands?: NA

          What is the volume with unknown deforestation/conversion risk? Disaggregated by product type or use as relevant.: 0 tonnes

          Does the company report on the degree of compliance/progress with commitments, disaggregated by relevant factors such as origin or supply chain stage?: No
          "GENP Traceability & Supply Chain Overview; 88% Overall Traceability to Plantation Score 100%, Traceability to Mill, 99% Traceability to Plantation GENP Mills, 86% Traceability to Plantation Third Party Mills FY2021"
        • Reporting is independently verified
          Yes, using a third-party verification scheme or certification scheme
          0/2
          Reporting is independently verified
          Yes, using a third-party verification scheme or certification scheme
          0/2
          "Genting Plantations supports ‘No Deforestation’ and contributes to the protection of ecosystems and biodiversity in and around the landscapes where it operates. Genting Plantations avoids land clearing in High Conservation Value and High Carbon Stock areas, practices Zero Burning in all our activities, and fully supports the No Deforestation, No Peat and No Exploitation (“NDPE”) agenda. [...] Genting Plantations is also a member of the Roundtable on Sustainable Palm Oil. " [...] "To date, Genting Plantations’ seven oil mills and nineteen estates have been certifed by the Roundtable for Sustainable Palm Oil (“RSPO”). In addition, all seven oil mills and their supply bases in Malaysia are fully certifed under the Malaysian Sustainable Palm Oil (“MSPO”) certifcation, whilst all these oil mills and their supply bases remain certifed by the International Sustainability and Carbon Certifcation (“ISCC”) EU and ISCC PLUS standards" In ACOP Genting stated that 93,594 tonnes of palm oil produced was RSPO certified 93594.0
        • Suppliers aligned with deforestation commitments across supply chain
          No
          0/3
        • Deforestation cut off date
          No
          0/2
        • Collaborative actions
          Yes
          2/2
          Collaborative actions
          Yes
          2/2
          What initiatives does the company participate in?: WWF on the River of Life programme, the Sabah Wildlife Department on the Lower Kinabatangan Wildlife Corridor, Tropenbos on the Green Livelihood Alliance and Biotechnology Postgraduate Training Programme (“BPTP”).

          What is the nature of that participation?: Providing support/ advice/ experience/ expertise; Providing financial support
          Genting partners with multiple organisations on conservation in or around their operations. This includes partnering with WWF on the River of Life programme, the Sabah Wildlife Department on the Lower Kinabatangan Wildlife Corridor, and Tropenbos on the Green Livelihood Alliance.; "Genting Plantations’ Biotechnology Division established a post-graduate programme for the training of scientists since 2011 in line with the division’s vision to be a leading innovator in the genomics industry. The division has a young and dynamic workforce and one of the objectives of the postgraduate programme is for retention of innovative scientists within the company. The programme also aids in establishing collaborations with academia."
        • Jurisdictional approach focused on sustainable land use
          No
          0/2
        • Risk assessments for forest risk
          Yes
          2/2
          Risk assessments for forest risk
          Yes
          2/2
          For what percentage of material produced or sourced by the company has forest risk been assessed?: 100%

          How frequently are assessments conducted?: NA
          "In line with the RSPO P&C as well as Indonesian laws, Environmental Impact Assessments (“EIA”) and HCV Assessments were conducted prior to commencing plantation development by the Company. GENP has not only followed the recommendations of these assessments but expanded the scope to include much larger conservation areas than that stipulated in the EIA and HCV assessments."
        • Operations assessed to comply with law
          No
          0/2
        • Accessible grievance mechanism
          Yes, publicly accessible grievance mechanism
          2/4
          Accessible grievance mechanism
          Yes, publicly accessible grievance mechanism
          2/4
          What is the nature of the grievance mechanism used by the company?: Own mechanism

          Which issues does the grievance mechanism cover?: Social; Environmental
          "Any individuals who suspect a violation of GENP’s policies regarding bribery and corruption are encouraged to report through the Group’s whistleblowing channel."[...]"Ways to make a Complaint or Report (a) by completing Form A – Complaint (Appendix 1) or Form B – Report (Appendix 2) (collectively “Forms” or individually “Form”), whichever is applicable; or (b) by making a verbal or written complaint to the HOD; or (c) by making a verbal or written complaint to any WBC member, WHC member or the Secretariat; or (d) by sending an email to genp.whistleblower@genting.com set up specifically for this purpose."
        • Report volumes of commodity
          Reporting total volume
          3/3
          Report volumes of commodity
          Reporting total volume
          3/3
          Reporting non-certified/non-compliant volume: 989206 Metric Tonnes

          Total volume: 2085385.0 Metric Tonnes

          What is the non-DCF commodity volume sourced from known production areas, and proportion of total supply chain volume this represents?: NA

          Reporting certified/compliant volume: 1096179.0 Metric Tonnes

          What product types/sectors is this in?: Palm Oil Processing
          Genting report in their 2020 RSPO ACOP report their total volume of palm oil consumed is 2085385.0 Metric Tonnes with 1096179.0 Metric Tonnes being certified.
        • Upstream: Monitor compliance with human rights
          Yes, and publishes evidence of actions taken to implement its commitment on labour rights in the production or primary processing operations that it owns, manages or otherwise controls or its supply chains
          3/5
          Upstream: Monitor compliance with human rights
          Yes, and publishes evidence of actions taken to implement its commitment on labour rights in the production or primary processing operations that it owns, manages or otherwise controls or its supply chains
          2.5/5
          What steps has the company taken to implement their labour rights commitment?: Audits

          What percentage/number of new interests, developments, or expansions has the company used FPIC to secure consent of indigenous peoples/local communities?: NA

          What is the status of those FPIC processes?: NA
          "Measuring Commitment to Human Rights The Group’s Management is responsible for the administration of this commitment. [...] The Board is informed of the compliance to this commitment and provides oversight. In ensuring that commitment to human rights is observed in our supply chain, GENP periodically review and consult the suppliers for compliance to acceptable human rights practices. Whenever high-risk suppliers are identified, the Company will engage with these suppliers for clarification and explore corrective action plan. [...] Suppliers shall cooperate with any information requests or audits that GENP may initiate to confirm their fulfilment of these responsibilities."
        • 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
          How does the company remedy adverse social and environmental impacts linked to their operations and/or supply chains?: NA

          For what percentage of production units has an ESIA been carried out as part of the land use planning process?: 100%
          "New Planting Procedure (“NPP”) & Responsible Land Use Planning...The main assessments of NPP are as follows: Social Environmental Impact Assessments (“SEIA”)...As part of the on-going FPIC process we recognise that the engagement with the relevant stakeholders and all necessary assessments must be conducted prior to any new land acquisition or land development to ensure beneficial outcomes for all parties involved. These independent peer-reviewed assessments include Social and Environmental Impact Assessment (“SEIA”)"
        • Upstream: Reporting production/processing locations
          Reports location of certified land holdings; Reports location of un-certified land holdings; Reports location of company-owned processing facilities
          3/4
          Upstream: Reporting production/processing locations
          Reports location of certified land holdings; Reports location of un-certified land holdings; Reports location of company-owned processing facilities
          3/4
          What is the total area (in ha) of natural ecosystem on land owned, managed, or controlled by the company?: 29765ha

          What types of ecosystems are these?: NA

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

          For what percent are boundaries disclosed?: 0%

          For what percent are boundaries (of certified land holdings) disclosed?: 0%

          For what percent are boundaries (of holdings under conservation) disclosed?: NA

          For what percent are point locations (of certified land holdings) disclosed?: 0%

          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

          What is the total land area owned, managed, or controlled by the company for the forest risk commodity?: 193179ha

          What is the total area of land (in ha) that is available for future production, e.g. concessions?: 48417.0ha

          From what sub-national jurisdiction(s) does the company source material?: Sabah ; Johor ; Melaka ; Selangor ; Perak ; Kedah ; Central Kalimantan ; South Kalimantan ; West Kalimantan

          In what country(ies) does the company operate and/or source material?: Malaysia ; Indonesia

          In what jurisdiction(s)/subnational region does the company operate and/or source material?: Sabah ; Johor ; Melaka ; Selangor ; Perak ; Kedah ; ,Negeri Sembilan ; Central Kalimantan ; South Kalimantan ; West Kalimantan ; Jakarta

          What is the area, in hectares of production units, on which non-DCF commodities are produced or processed, by country and jurisdiction: NA

          For what percent are point locations (of holdings under conservation) disclosed?: 0%

          For what percent are point locations (of land holdings and processing facilities) disclosed: 0%

          What is the total area in production (in ha)?: 144762.0ha
          Genting Berhad publish in their 2021 Sustainability Report the subnational jurisdictions within which their plantations and mills are located. Further, they publish their ha under production and conservation in their 2020 RSPO ACOP report.
        • Downstream: Publishing supplier lists
          No
          0/4
        • Upstream: Monitor compliance of production/processing
          No
          0/4
        • Upstream: Reporting hectares of deforestation
          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
    14/17
    Avg. score
  • Implementation and Reporting
    22/56
    Avg. score
  • Associated Human Rights Abuses
    9/17
    Avg. score

Profile

Genting is a large investment and management company with major operations in hospitality, energy, and palm oil, especially in palm oil processing. It owns several processing facilities and claim to be one of the leading and lowest cost palm oil producers in Malaysia. Genting Bhd. is selected as a powerbroker for palm oil.

Sector
Industry sector 
Agricultural Products, Food Distributors
Segments
Producer, Manufacturer
HQ
HQ 
Malaysia
Company Type
Company type 
CO
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.