Grupo Nueva

Overall approach

1/10
- Overarching commitment on deforestation
  
  0/4
- Signatory to an initiative tackling deforestation
  
  0/1
- Awareness of the value of forests
  
  1/1
  
  Awareness
  
  Yes
  
  1/1
  
  "Masisa's operations seek to significantly reduce the risks of tradingwood from unacceptable and questionable sources. For this, the Company seeks notengage in the trade of: Illegally extracted wood; Wood extracted in violation of traditional and civil rights; Wood from forests whose high conservation values are threatenedfor management activities"
  
  Open source document
- 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
  
  0/1
- Reporting on emissions from land-use change
  
  0/1
- Disclosure of conservation activity
- Disclosure of reforestation activity
- Target to reduce emissions in scope 1/2
Commodity score

13/90
- Pulp & Paper
  
  6/90
  - Commitment Strength
    
    0/17
    - Commodity-specific deforestation commitment
      
      0/4
      - Commitment applies to all regions, suppliers and operation
        No
        
        0/2
      - Target date
        Post 2050 or no target date
        
        0/1
      - Interim target date
        No
        
        0/0.5
    - Commitment to a traceable supply chain
      
      0/7.5
      - Commitment details
        No traceability commitment
        
        0/4
      - Commitment applies to all regions, suppliers and operation
        No
        
        0/2
      - Target date
        Post 2050 or no target date
        
        0/1
      - Interim target date
        No
        
        0/0.5
  - Associated Human Rights Abuses
    
    4/17
    - Labour rights in the supply chain
      Yes
      
      3/3
      
      Labour rights in the supply chain
      
      Yes
      
      3/3
      
      How far back in the supply chain does this commitment apply?: NA
      
      Details of commitment: UNGP; UN Declaration for HR
      
      "MASISA, through its Business Principles, undertakes to respect, protect, promote and raise awareness of human rights throughout its operations and with its suppliers, in accordance with the United Nations Universal Declaration of Human Rights, based on the Guiding Principles of Human Rights and Business of the UN, and in accordance with the Global Compact, of which MASISA has been an adherent since 2003. • MASISA focuses its work on Human Rights on identifying, preventing and mitigating its negative impacts in these matters, through a due diligence process, and with a focus on continuous improvement."
      
      Open source document
    - Inclusion of small-scale farmers
      No
      
      0/2
    - Gender equality in the supply chain
      Commitment to ensure equality of women in the supply chain
      
      1/2
      
      Gender equality in the supply chain
      
      Commitment to ensure equality of women in the supply chain
      
      1/2
      
      "At MASISA S.A. Relations with our collaborators and collaborators are based on developing high-performance teams, in a healthy and safe work environment, oriented towards respect for human rights. That is why we seek every day to be a company that guarantees conditions and promotes respect, diversity, inclusion and equal opportunities for all people."
      
      Open source document
    - Commitment to remediation
      No
      
      0/1
    - Commitment to test Free, Prior and Informed Consent
      No
      
      0/3
    - Commitment to respect customary rights to land, resources, and territory
      No
      
      0/3
    - Zero-tolerance approach to violence and threats
      No
      
      0/3
  - Implementation and Reporting
    
    2/56
    - Reporting is independently verified
      No
      
      0/2
    - Suppliers aligned with deforestation commitments across supply chain
      No
      
      0/3
    - Deforestation cut off date
      No
      
      0/2
    - Collaborative actions
      No
      
      0/2
    - Jurisdictional approach focused on sustainable land use
      No
      
      0/2
    - Risk assessments for forest risk
      No
      
      0/2
    - 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
      
      Which issues does the grievance mechanism cover?: Social
      
      What is the nature of the grievance mechanism used by the company?: Own mechanism
      
      "Complaint channelMASISA has an integrity and conflict of interest management system where unrestricted respect for the Business Principles is key.The Company annually applies a survey of Business Principles and declaration of conflicts of interest to its employees. The goal is to validate knowledge of the Principles at all levels. Each collaborator who receives the survey confirms their commitment to adhere to these Principles.The objective of this tool is the timely identification of potential conflicts of interest and invites employees to declare any situation in order to make relations with suppliers, customers and other relevant actors transparent in accordance with the provisions of the law.Business Principles ChannelMASISA has communication channels for direct or anonymous complaints related to the observance of its Business Principles, Rules of Ethical Conduct, Conflicts of Interest and any issue related to a possible regulatory breach of its internal control environment, its financial statements and situations or events that require the attention of the Administration and/or the Board of Directors.For all complaints received, a timely, independent, confidential and non-reprisal analysis of issuers is ensured, through a structured process monitored by the Risk and Audit Committee of MASISA's Board of Directors and independent of the Company's management.To send complaints, it can be done in writing in a confidential envelope addressed to the Secretary of the Risk and Audit Committee: Av. Apoquindo 3650, piso 10. Las Condes, Santiago, Chile, through the mail or in the following form:"
      
      Open source document
    - Report volumes of commodity sourced/used
      No reporting
      
      0/3
    - Monitor compliance for labour rights and FPIC
      No
      
      0/5
    - Monitor compliance for zero tolerance approach and customary rights
      No
      
      0/5
    - Downstream: Reporting suppliers
      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
- Timber
  
  19/90
  - Commitment Strength
    
    8/17
    - Commodity-specific deforestation commitment
      
      2/4
      - Commitment applies to all regions, suppliers and operation
        No
        
        0/2
        
        Commitment applies to all regions, suppliers and operation
        
        No
        
        0/2
        
        What subsidiaries are explicitly included?: MASISA Forestal Argentina
        
        If no, what is excluded?: Subsidiary; Location
        
        "The main environmental aspects linked to plantations are related to the management of soil, water and biodiversity. Making a sustainable management of the mentioned resources results in more productive plantations and high growth, so the company develops management programs in such a way as to make responsible use of resources.Based on the results of the environmental impact studies, some of the main measures taken are mentioned in all properties:● Do not cut down native trees, nor clear ecosystems with gallery forests or riparian forests. Do not convert from natural environments for forest plantations. These measures are prior to the certification of responsible forest management.The land destined for plantations had been subjected to other productive activities prior to being acquired by the Company."[...]"The purchase of wood supplies from companies certified by the FSC (current seal), is privileged on the same offer of quality and price. Masisa's industrial operations that do not have the FSC certification of the supply chain custody, they must prioritize the purchase of inputs from suppliers of controlled wood under theFSC-STD-40-005 standard. The purchase of native wood supplies is allowed as long as the unit has its FSC certified chain of custody"
        
        Open source document
        Open source document
      - Target date
        Current/achieved
        
        1/1
        
        Target date
        
        Current/achieved
        
        1/1
        
        What actions or steps are identified for time-bound implementation?: NA
        
        "Certifications: In Argentina, most plantations have FSC certification. In Chile, the forestry and industrial division has FSC certification for forest management and supply chain custody, respectively. In Mexico, the Chihuahua plant is certified with FSC chain of custody"[...]"The purchase of wood supplies from companies certified by the FSC (current seal), is privileged on the same offer of quality and price. Masisa's industrial operations that do not have the FSC certification of the supply chain custody, they must prioritize the purchase of inputs from suppliers of controlled wood under theFSC-STD-40-005 standard. The purchase of native wood supplies is allowed as long as the unit has its FSC certified chain of custody"[...]"The main environmental aspects linked to plantations are related to the management of soil, water and biodiversity. Making a sustainable management of the mentioned resources results in more productive plantations and high growth, so the company develops management programs in such a way as to make responsible use of resources.Based on the results of the environmental impact studies, some of the main measures taken are mentioned in all properties:● Do not cut down native trees, nor clear ecosystems with gallery forests or riparian forests. Do not convert from natural environments for forest plantations. These measures are prior to the certification of responsible forest management.The land destined for plantations had been subjected to other productive activities prior to being acquired by the Company."[...]"The purchase of wood supplies from companies certified by the FSC (current seal), is privileged on the same offer of quality and price. Masisa's industrial operations that do not have the FSC certification of the supply chain custody, they must prioritize the purchase of inputs from suppliers of controlled wood under theFSC-STD-40-005 standard. The purchase of native wood supplies is allowed as long as the unit has its FSC certified chain of custody"
        
        Open source document
      - 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
        
        "Certifications: In Argentina, most plantations have FSC certification. In Chile, the forestry and industrial division has FSC certification for forest management and supply chain custody, respectively. In Mexico, the Chihuahua plant is certified with FSC chain of custody"[...]"The purchase of wood supplies from companies certified by the FSC (current seal), is privileged on the same offer of quality and price. Masisa's industrial operations that do not have the FSC certification of the supply chain custody, they must prioritize the purchase of inputs from suppliers of controlled wood under theFSC-STD-40-005 standard. The purchase of native wood supplies is allowed as long as the unit has its FSC certified chain of custody"[...]"The main environmental aspects linked to plantations are related to the management of soil, water and biodiversity. Making a sustainable management of the mentioned resources results in more productive plantations and high growth, so the company develops management programs in such a way as to make responsible use of resources.Based on the results of the environmental impact studies, some of the main measures taken are mentioned in all properties:● Do not cut down native trees, nor clear ecosystems with gallery forests or riparian forests. Do not convert from natural environments for forest plantations. These measures are prior to the certification of responsible forest management.The land destined for plantations had been subjected to other productive activities prior to being acquired by the Company."[...]"The purchase of wood supplies from companies certified by the FSC (current seal), is privileged on the same offer of quality and price. Masisa's industrial operations that do not have the FSC certification of the supply chain custody, they must prioritize the purchase of inputs from suppliers of controlled wood under theFSC-STD-40-005 standard. The purchase of native wood supplies is allowed as long as the unit has its FSC certified chain of custody"
        
        Open source document
        Open source document
    - Commitment to a traceable supply chain
      
      0/7.5
      - Commitment details
        No traceability commitment
        
        0/4
        
        Commitment to a traceable supply chain
        
        No traceability commitment
        
        0/4
        
        When was this commitment set?: NA
      - Commitment applies to all regions, suppliers and operation
        No
        
        0/2
      - Target date
        Post 2050 or no target date
        
        0/1
      - Interim target date
        No
        
        0/0.5
  - Associated Human Rights Abuses
    
    4/17
    - Labour rights in the supply chain
      Yes
      
      3/3
      
      Labour rights in the supply chain
      
      Yes
      
      3/3
      
      How far back in the supply chain does this commitment apply?: NA
      
      Details of commitment: UNGP; UN Declaration for HR
      
      "MASISA, through its Business Principles, undertakes to respect, protect, promote and raise awareness of human rights throughout its operations and with its suppliers, in accordance with the United Nations Universal Declaration of Human Rights, based on the Guiding Principles of Human Rights and Business of the UN, and in accordance with the Global Compact, of which MASISA has been an adherent since 2003. • MASISA focuses its work on Human Rights on identifying, preventing and mitigating its negative impacts in these matters, through a due diligence process, and with a focus on continuous improvement."
      
      Open source document
    - Inclusion of small-scale farmers
      No
      
      0/2
    - Gender equality in the supply chain
      Commitment to ensure equality of women in the supply chain
      
      1/2
      
      Gender equality in the supply chain
      
      Commitment to ensure equality of women in the supply chain
      
      1/2
      
      "At MASISA S.A. Relations with our collaborators and collaborators are based on developing high-performance teams, in a healthy and safe work environment, oriented towards respect for human rights. That is why we seek every day to be a company that guarantees conditions and promotes respect, diversity, inclusion and equal opportunities for all people."
      
      Open source document
    - Commitment to remediation
      No
      
      0/1
    - Commitment to test Free, Prior and Informed Consent
      No
      
      0/3
    - Commitment to respect customary rights to land, resources, and territory
      No
      
      0/3
    - Zero-tolerance approach to violence and threats
      No
      
      0/3
  - Implementation and Reporting
    
    7/56
    - Reporting is independently verified
      No
      
      0/2
    - Suppliers aligned with deforestation commitments across supply chain
      No
      
      0/3
    - Deforestation cut off date
      No
      
      0/2
    - Collaborative actions
      No
      
      0/2
    - 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?: NA
      
      How frequently are assessments conducted?: NA
      
      "The Masisa Certification Group developed a procedure to establish the methodology and instruments to be used in the monitoring and control of operations associated with the forestry sector, to verify compliance with the occupational, environmental, social and legal health and safety standards required by the Certification Group. Details can be found in the "Forest Monitoring Procedure" CL01-PRO.0005-FOR-MCL. .... Two types of monitoring have been defined for Biological HCVs: • MONITORING OF THE HIGH CONSERVATION VALUE ATTRIBUTE, which is carried out with experts and scientists specialized in High Values held by the owners of the Certification Group, and whose periodicity is variable, and according to the characteristics of the HCV. • MONITORING OF THE CONSERVATION STATUS OF THE HCVF, which is an annual monitoring in order to monitor the status of the HCVF, the existence of threats and damage, and based on the information identified, define action plans if necessary."
      
      Open source document
    - 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
      
      "Complaint channelMASISA has an integrity and conflict of interest management system where unrestricted respect for the Business Principles is key.The Company annually applies a survey of Business Principles and declaration of conflicts of interest to its employees. The goal is to validate knowledge of the Principles at all levels. Each collaborator who receives the survey confirms their commitment to adhere to these Principles.The objective of this tool is the timely identification of potential conflicts of interest and invites employees to declare any situation in order to make relations with suppliers, customers and other relevant actors transparent in accordance with the provisions of the law.Business Principles ChannelMASISA has communication channels for direct or anonymous complaints related to the observance of its Business Principles, Rules of Ethical Conduct, Conflicts of Interest and any issue related to a possible regulatory breach of its internal control environment, its financial statements and situations or events that require the attention of the Administration and/or the Board of Directors.For all complaints received, a timely, independent, confidential and non-reprisal analysis of issuers is ensured, through a structured process monitored by the Risk and Audit Committee of MASISA's Board of Directors and independent of the Company's management.To send complaints, it can be done in writing in a confidential envelope addressed to the Secretary of the Risk and Audit Committee: Av. Apoquindo 3650, piso 10. Las Condes, Santiago, Chile, through the mail or in the following form:"
      
      Open source document
    - Report volumes of commodity sourced/used
      No reporting
      
      0/3
    - Monitor compliance for labour rights and FPIC
      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
      
      Monitor compliance for labour rights and FPIC
      
      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?: Training and Audits
      
      What is the status of those FPIC processes?: NA
      
      What percentage/number of new interests, developments, or expansions has the company used FPIC to secure consent of indigenous peoples/local communities?: NA
      
      "Masisa maintains a commitment to train collaborators, such as ourcontractor companies in these matters in such a way as to ensure the conditions ofwork, good treatment, respect for privacy, occupational health and safety, among others...MASISA promotes respect for human rights in its supply chain andclients, through policies, procedures and practices. For example, throughclauses in their contracts, compliance audit processes, evaluation ofsuppliers, customers, among others."
      
      Open source document
    - Monitor compliance for zero tolerance approach and customary rights
      No
      
      0/5
    - Upstream: Impact assessments for land development/acquisition
      No
      
      0/4
    - Upstream: Reporting production/processing locations
      Reports location of un-certified land holdings
      
      1/4
      
      Upstream: Reporting production/processing locations
      
      Reports location of un-certified land holdings
      
      1/4
      
      For what percent are boundaries (of certified land holdings) disclosed?: NA
      
      For what percent are point locations (of holdings under conservation) disclosed?: NA
      
      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 boundaries (of holdings under conservation) disclosed?: NA
      
      From what sub-national jurisdiction(s) does the company source material?: NA
      
      For what percent are point locations (of certified land holdings) disclosed?: NA
      
      In what country(ies) does the company operate and/or source material?: Argentina ; Chile ; Venezuela ; Mexico
      
      What is the total area (in ha) of natural ecosystem on land owned, managed, or controlled by the company?: NA
      
      In what jurisdiction(s)/subnational region does the company operate and/or source material?: Entre Rios ; Corrientes
      
      What types of ecosystems are these?: NA
      
      For what percent are point locations (of land holdings and processing facilities) disclosed: NA
      
      What type of conservation designation and/or conservation status is used?: NA
      
      What is the total area in production (in ha)?: NA
      
      What is the total area of land (in ha) that is available for future production, e.g. concessions?: NA
      
      For what percent are boundaries disclosed?: NA
      
      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?: NA
      
      "MASISA Forestal Argentina has its assets grouped into 47 properties located in the provinces of Entre Ríos and Corrientes"
      
      Open source document
    - Downstream: Reporting suppliers
      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

4/17

Avg. score
Implementation and Reporting

5/56

Avg. score
Associated Human Rights Abuses

4/17

Avg. score

Profile

Grupo Nueva is a forestry company based in Chile. Its subsidiary, Masisa, operates in the business of wood boards across Latin America. Grupo Nueva is selected as a powerbroker for timber and paper packaging.

Sector

Industry sector

Forest Products, Paper Packaging

Segments

Producer, Trader, Processor, Manufacturer

Chile

Company Type

Company type

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.

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Grupo Nueva

Total

Score:

Total score:

13%

Profile

How we assess the Forest 500

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Grupo Nueva

Total

Score:

Total score: 13%

Profile

How we assess the Forest 500

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Total score:

13%