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  • Overall approach
    0/14
    • Overarching commitment on deforestation
      0/6
    • Signatory to an initiative tackling deforestation
      0/1
    • Awareness of the value of forests
      0/1
    • Target to reduce emissions from land-use change
      0/3
    • Reporting on emissions from land-use change
      0/3
  • Commodity score
    0/86
    • Beef
      0/86
      • Commitment Strength
        0/36
        • Commitment to protect priority forests
          0/21
          • Commitment details
            No commitment
            0/10.7
          • Commitment applies to all sourcing regions
            No
            0/1.5
          • Commitment applies to all operations
            No
            0/1.5
          • Commitment applies to all direct suppliers
            No
            0/1.5
          • Commitment applies to all indirect suppliers
            No
            0/1.5
          • Target date
            No deadline
            0/2
          • Target is quantifiable
            No
            0/2
        • Commitment to a traceable supply chain
          0/15
          • Commitment details
            No traceability commitment
            0/5.3
          • Commitment applies to all sourcing regions
            No
            0/1.5
          • Commitment applies to all operations
            No
            0/1.5
          • Commitment applies to all direct suppliers
            No
            0/1.5
          • Commitment applies to all indirect suppliers
            No
            0/1.5
          • Target date
            No deadline
            0/2
          • Target is quantifiable
            No
            0/2
      • Reporting and Implementation
        0/34
        • Reporting against commitments
          0/6
          • Commitment to protect priority forests
            No
            0/3
          • Commitment to a traceable supply chain
            No
            0/3
        • Reporting is independently verified
          0/4
          • Commitment to protect priority forests
            No
            0/2
          • Commitment to a traceable supply chain
            No
            0/2
        • Deforestation cut off date
          No
          0/2
        • Monitoring and verification of supplier compliance
          No monitoring
          0/4
        • Engagement with non-compliant suppliers
          No engagement or exclusion
          0/4
        • Publishing supplier lists
          No disclosure
          0/4
        • Accessible grievance mechanism
          No
          0/4
        • Collaborative actions
          No
          0/2
        • Report volumes of commodity
          No reporting
          0/4
      • Social Considerations
        0/16
        • Commitment to ensure Free, Prior and Informed Consent
          No
          0/4
        • Labour rights in the supply chain
          No
          0/4
        • Gender equality in the supply chain
          No commitment
          0/4
        • Inclusion of small-scale farmers
          No
          0/4
    • Palm oil
      0/86
      • Commitment Strength
        0/36
        • Commitment to protect priority forests
          0/15
          • Commitment details
            No commitment
            0/8
          • Commitment applies to all sourcing regions
            No
            0/1
          • Commitment applies to all operations
            No
            0/1
          • Commitment applies to all direct suppliers
            No
            0/1
          • Commitment applies to all indirect suppliers
            No
            0/1
          • Target date
            No deadline
            0/1.3
          • Target is quantifiable
            No
            0/1.3
        • Commitment to protect High Carbon Stock areas and/or peatlands
          0/11
          • Commitment details
            No
            0/4
          • Commitment applies to all sourcing regions
            No
            0/1
          • Commitment applies to all operations
            No
            0/1
          • Commitment applies to all direct suppliers
            No
            0/1
          • Commitment applies to all indirect suppliers
            No
            0/1
          • Target date
            No deadline
            0/1.3
          • Target is quantifiable
            No
            0/1.3
        • Commitment to a traceable supply chain
          0/11
          • Commitment details
            No traceability commitment
            0/4
          • Commitment applies to all sourcing regions
            No
            0/1
          • Commitment applies to all operations
            No
            0/1
          • Commitment applies to all direct suppliers
            No
            0/1
          • Commitment applies to all indirect suppliers
            No
            0/1
          • Target date
            No deadline
            0/1.3
          • Target is quantifiable
            No
            0/1.3
      • Reporting and Implementation
        0/34
        • Reporting against commitments
          0/6
          • Commitment to protect priority forests
            No
            0/2
          • Commitment to protect High Carbon Stock areas and/or peatlands
            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 protect High Carbon Stock areas and/or peatlands
            No
            0/1.3
          • Commitment to a traceable supply chain
            No
            0/1.3
        • Deforestation cut off date
          No
          0/2
        • Monitoring and verification of supplier compliance
          No monitoring
          0/4
        • Engagement with non-compliant suppliers
          No engagement or exclusion
          0/4
        • Publishing supplier lists
          No disclosure
          0/4
        • Accessible grievance mechanism
          No
          0/4
        • Collaborative actions
          No
          0/2
        • Report volumes of commodity
          No reporting
          0/4
      • Social Considerations
        0/16
        • Commitment to ensure Free, Prior and Informed Consent
          No
          0/4
        • Labour rights in the supply chain
          No
          0/4
        • Gender equality in the supply chain
          No commitment
          0/4
        • Inclusion of small-scale farmers
          No
          0/4
    • Soy
      0/86
      • Commitment Strength
        0/36
        • Commitment to protect priority forests
          0/21
          • Commitment details
            No commitment
            0/10.7
          • Commitment applies to all sourcing regions
            No
            0/1.5
          • Commitment applies to all operations
            No
            0/1.5
          • Commitment applies to all direct suppliers
            No
            0/1.5
          • Commitment applies to all indirect suppliers
            No
            0/1.5
          • Target date
            No deadline
            0/2
          • Target is quantifiable
            No
            0/2
        • Commitment to a traceable supply chain
          0/15
          • Commitment details
            No traceability commitment
            0/5.3
          • Commitment applies to all sourcing regions
            No
            0/1.5
          • Commitment applies to all operations
            No
            0/1.5
          • Commitment applies to all direct suppliers
            No
            0/1.5
          • Commitment applies to all indirect suppliers
            No
            0/1.5
          • Target date
            No deadline
            0/2
          • Target is quantifiable
            No
            0/2
      • Reporting and Implementation
        0/34
        • Reporting against commitments
          0/6
          • Commitment to protect priority forests
            No
            0/3
          • Commitment to a traceable supply chain
            No
            0/3
        • Reporting is independently verified
          0/4
          • Commitment to protect priority forests
            No
            0/2
          • Commitment to a traceable supply chain
            No
            0/2
        • Deforestation cut off date
          No
          0/2
        • Monitoring and verification of supplier compliance
          No monitoring
          0/4
        • Engagement with non-compliant suppliers
          No engagement or exclusion
          0/4
        • Publishing supplier lists
          No disclosure
          0/4
        • Accessible grievance mechanism
          No
          0/4
        • Collaborative actions
          No
          0/2
        • Report volumes of commodity
          No reporting
          0/4
      • Social Considerations
        0/16
        • Commitment to ensure Free, Prior and Informed Consent
          No
          0/4
        • Labour rights in the supply chain
          No
          0/4
        • Gender equality in the supply chain
          No commitment
          0/4
        • Inclusion of small-scale farmers
          No
          0/4
    • Pulp & Paper
      0/86
      • Commitment Strength
        0/36
        • Commitment to protect priority forests
          0/15
          • Commitment details
            No commitment
            0/8
          • Commitment applies to all sourcing regions
            No
            0/1
          • Commitment applies to all operations
            No
            0/1
          • Commitment applies to all direct suppliers
            No
            0/1
          • Commitment applies to all indirect suppliers
            No
            0/1
          • Target date
            No deadline
            0/1.3
          • Target is quantifiable
            No
            0/1.3
        • Commitment to reduce use of virgin wood fibre
          0/11
          • Commitment details
            No
            0/4
          • Commitment applies to all sourcing regions
            No
            0/1
          • Commitment applies to all operations
            No
            0/1
          • Commitment applies to all direct suppliers
            No
            0/1
          • Commitment applies to all indirect suppliers
            No
            0/1
          • Target date
            No deadline
            0/1.3
          • Target is quantifiable
            No
            0/1.3
        • Commitment to a traceable supply chain
          0/11
          • Commitment details
            No traceability commitment
            0/4
          • Commitment applies to all sourcing regions
            No
            0/1
          • Commitment applies to all operations
            No
            0/1
          • Commitment applies to all direct suppliers
            No
            0/1
          • Commitment applies to all indirect suppliers
            No
            0/1
          • Target date
            No deadline
            0/1.3
          • Target is quantifiable
            No
            0/1.3
      • Reporting and Implementation
        0/34
        • 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
        • Monitoring and verification of supplier compliance
          No monitoring
          0/4
        • Engagement with non-compliant suppliers
          No engagement or exclusion
          0/4
        • Publishing supplier lists
          No disclosure
          0/4
        • Accessible grievance mechanism
          No
          0/4
        • Collaborative actions
          No
          0/2
        • Report volumes of commodity
          No reporting
          0/4
      • Social Considerations
        0/16
        • Commitment to ensure Free, Prior and Informed Consent
          No
          0/4
        • Labour rights in the supply chain
          No
          0/4
        • Gender equality in the supply chain
          No commitment
          0/4
        • Inclusion of small-scale farmers
          No
          0/4
  • Commitment strength
    0/36
    Avg. score
  • Reporting and Implementation
    0/34
    Avg. score
  • Social considerations
    0/16
    Avg. score

Profile

Nongshim Co Ltd (Nongshim) is an instant noodle, snack and beverage company, also described by Bloomberg as a producer of refined palm oil and food ingredients. It was founded in 1965 under the name Lotte Industrial Company but changed its name in 1978 to NongShim Co Ltd. Though based in South Korea, they have 47 overseas brands.

Nongshim dominates the instant noodle market in South Korea with 70% of production. It also ranks first for sweet and savoury snacks and dried processed food, and third for all packaged food. In the noodle market, Nongshim is in the top 10 largest companies in US, Hong Kong, China and Australia, and is 6th overall in the world market. It has numerous brands, such as Shinramyun, Ansung tang myun, chapagetti and Neoguri. Nongshim noodles come in a variety of flavours, such as beef, chicken, vegetables and shrimp, packaged as packs, cups and bowls. The company is not limited to noodles (though this is its largest revenue stream, with 16 brands in total) and also produces shrimp crackers, honey twist and cuttlefish snacks, onion rings, potato chips, pizza, instant rice and drinks. The drinks section is wide in range, from fruit juice to fizzy drinks to coffee and water.

Sector
Industry sector 
Packaged food
Segments
Manufacturer
HQ
HQ 
South Korea
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.