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Powerbroker for

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  • Overall approach
    1/12
    • Overarching commitment on deforestation
      0/4
    • Signatory to an initiative tackling deforestation
      0/1
    • Awareness of the value of forests
      1/1
      Yes
      1/1
       "Masisa's operations seek to significantly reduce the risks of commercializing wood from unacceptable and questionable sources. For this, the Company seeks not to get involved in the trade of: [...] Wood from forests whose high conservation values ​​are threatenedby management activities"
    • 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
      0/2
    • Reporting on emissions from land-use change
      0/2
    • Disclosure of conservation activity
    • Disclosure of reforestation activity
    • Target to reduce emissions in scope 1/2
  • Commodity score
    2/88
    • Pulp & Paper
      0/88
      • Commitment Strength
        0/20
        • Commitment to protect priority forests
          0/8
          • Commitment details
            No commitment
            0/6
          • Commitment applies to all regions, suppliers and operation
            No
            0/1.3
          • Target date
            No target date
            0/0.7
          • Interim target date
            No
            0/0.3
        • Commitment to reduce use of virgin wood fibre
          0/5
          • Commitment details
            No
            0/3
          • Commitment applies to all regions, suppliers and operation
            No
            0/1.3
          • Target date
            No target date
            0/0.7
          • Interim target date
            No
            0/0.3
        • Commitment to a traceable supply chain
          0/6
          • Commitment details
            No traceability commitment
            0/4
          • Commitment applies to all regions, suppliers and operation
            No
            0/1.3
          • Target date
            No target date
            0/0.7
          • Interim target date
            No
            0/0.3
      • Social Considerations
        0/18
        • Labour rights in the supply chain
          No
          0/4
        • Inclusion of small-scale farmers
          No
          0/4
        • Gender equality in the supply chain
          No commitment
          0/4
        • Commitment to remediation
          No
          0/2
        • Commitment to ensure Free, Prior and Informed Consent
          No
          0/4
        • Commitment to resolve land conflicts
          No
      • Reporting and Implementation
        0/50
        • Reporting against commitments
          0/2
          • Commitment to protect priority forests
            No
            0/1.7
          • Commitment to reduce use of virgin wood fibre
            No
            0/1.7
          • Commitment to a traceable supply chain
            No
            0/1.7
        • Reporting is independently verified
          0/1
          • Commitment to protect priority forests
            No
            0/1
          • Commitment to reduce use of virgin wood fibre
            No
            0/1
          • Commitment to a traceable supply chain
            No
            0/1
        • Suppliers aligned with deforestation commitments across supply chain
          No
          0/2
        • Deforestation cut off date
          No
          0/2
        • Collaborative actions
          No
          0/2
        • Risk assessments for forest risk
          No
          0/2
        • Operations assessed to comply with law
          No
          0/2
        • Accessible grievance mechanism
          No
          0/4
        • Report volumes of commodity
          No reporting
          0/2
        • Report verified volumes of commodity
          No disclosure
          0/6
        • Upstream: Monitor compliance with human rights
          No
          0/4
        • Downstream: Publishing supplier lists
          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
      4/88
      • Commitment Strength
        4/20
        • Commitment to protect priority forests
          4/11
          • Commitment details
            Credible certification scheme
            2.7/8
            Commitment to protect priority forests
            Credible certification scheme
            2.7/8
            Own operations are mostly FSC-certified: "Masisa manages 152,114 thousand hectares of forest land, of which 96.5 thousand hectares correspond to plantations and forests, mainly pine and eucalyptus. Masisa's plantations in Chile and most of the plantations in Argentina have FSC (Forest Stewardship Council) certification [...] In Mexico, the Chihuahua plant is certified with FSC chain of custody [...] As of December 31, 2019, MASISA's forest equity is 299,454 hectares of land, which includes 190,027 hectares of forest plantations, distributed in Chile, Argentina and Venezuela. Most of its plantations are Forest Stewardship Council® (FSC®) certified." Timber suppliers have FSC requirement: "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 FSC certification of the chain of custody, should prioritize the purchase of inputs from controlled wood suppliers under the FSC-STD-40-005 standard.The purchase of native wood inputs is allowed as long as the unit has its chain of custody certified by FSC"
          • Commitment applies to all regions, suppliers and operation
            No
            0/2
          • Target date
            Current/achieved
            1/1
            Target date
            Current/achieved
            1/1
            Own operations are mostly FSC-certified: "Masisa manages 152,114 thousand hectares of forest land, of which 96.5 thousand hectares correspond to plantations and forests, mainly pine and eucalyptus. Masisa's plantations in Chile and most of the plantations in Argentina have FSC (Forest Stewardship Council) certification [...] In Mexico, the Chihuahua plant is certified with FSC chain of custody [...] As of December 31, 2019, MASISA's forest equity is 299,454 hectares of land, which includes 190,027 hectares of forest plantations, distributed in Chile, Argentina and Venezuela. Most of its plantations are Forest Stewardship Council® (FSC®) certified." Timber suppliers have FSC requirement: "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 FSC certification of the chain of custody, should prioritize the purchase of inputs from controlled wood suppliers under the FSC-STD-40-005 standard.The purchase of native wood inputs is allowed as long as the unit has its chain of custody certified by FSC"
          • Interim target date
            Yes
            0.5/0.5
        • Commitment to a traceable supply chain
          0/9
          • Commitment details
            No traceability commitment
            0/5.3
          • Commitment applies to all regions, suppliers and operation
            No
            0/2
          • Target date
            No target date
            0/1
          • Interim target date
            No
            0/0.5
      • Social Considerations
        0/18
        • Labour rights in the supply chain
          No
          0/4
        • Inclusion of small-scale farmers
          No
          0/4
        • Gender equality in the supply chain
          No commitment
          0/4
        • Commitment to remediation
          No
          0/2
        • Commitment to ensure Free, Prior and Informed Consent
          No
          0/4
        • Commitment to resolve land conflicts
          No
      • Reporting and Implementation
        0/50
        • Reporting against commitments
          0/3
          • Commitment to protect priority forests
            No
            0/2.5
            Commitment to protect priority forests
            No
            0/2.5
            Own operations are mostly FSC-certified: "Masisa manages 152,114 thousand hectares of forest land, of which 96.5 thousand hectares correspond to plantations and forests, mainly pine and eucalyptus. Masisa's plantations in Chile and most of the plantations in Argentina have FSC (Forest Stewardship Council) certification [...] In Mexico, the Chihuahua plant is certified with FSC chain of custody [...] As of December 31, 2019, MASISA's forest equity is 299,454 hectares of land, which includes 190,027 hectares of forest plantations, distributed in Chile, Argentina and Venezuela. Most of its plantations are Forest Stewardship Council® (FSC®) certified." Timber suppliers have FSC requirement: "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 FSC certification of the chain of custody, should prioritize the purchase of inputs from controlled wood suppliers under the FSC-STD-40-005 standard.The purchase of native wood inputs is allowed as long as the unit has its chain of custody certified by FSC"
          • Commitment to a traceable supply chain
            No
            0/2.5
        • Reporting is independently verified
          0/2
          • Commitment to protect priority forests
            No
            0/1.5
          • Commitment to a traceable supply chain
            No
            0/1.5
        • Suppliers aligned with deforestation commitments across supply chain
          No
          0/2
        • Deforestation cut off date
          No
          0/2
        • Collaborative actions
          No
          0/2
        • Risk assessments for forest risk
          No
          0/2
        • Operations assessed to comply with law
          No
          0/2
        • Accessible grievance mechanism
          No
          0/4
          Accessible grievance mechanism
          No
          0/4
          Which issues does the grievance mechanism cover?: Social
          "MASISA has communication channels for direct or anonymous complaints related to the observance of its Business Principles, Standards of Ethical Conduct, Conflicts of Interest and any matter 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-retaliatory analysis of their issuers is ensured, through a process structured and monitored by the Risk and Audit Committee of the MASISA Board of Directors and independent of the Company's management.To send complaints, it can be done in writing in a confidential envelope in the name of the Secretary of the Risk and Audit Committee: Av. Apoquindo 3650, 10th floor, Las Condes, Santiago, Chile, by mail or in the following form"
        • Report volumes of commodity
          No reporting
          0/2
        • Report verified volumes of commodity
          No disclosure
          0/6
        • Upstream: Monitor compliance with human rights
          No
          0/4
        • Upstream: Impact assessments for land development/acquisition
          No
          0/4
        • Upstream: Reporting production/processing locations
          No disclosure
          0/4
        • 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: Monitor compliance in supply chain
          No
          0/4
          Details of monitoring: Using internal monitoring and verification systems
          "MASISA has worked systematically with wood suppliers, in order to maintain a thorough knowledge of the fibers that enter the Company's plants, through a methodology of evaluation and qualification of its suppliers. For fiber suppliers that do not come from FSC® certified forests, surveys are applied to find out the source and method of obtaining it, validating this process with subsequent audits."
        • 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
    2/20
    Avg. score
  • Reporting and Implementation
    0/50
    Avg. score
  • Social considerations
    0/18
    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 
Furniture & flooring, Home improvement
Segments
Producer, Trader, Processor, Manufacturer
HQ
HQ 
Chile
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.