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  • Overall approach
    2/12
    • Overarching commitment on deforestation
      0/4
    • Signatory to an initiative tackling deforestation
      1/1
      Yes
      1/1
      "In 2017, Nutreco was one of 23 founding member signatories of the Cerrado Manifesto Statement of Support. We are also a signatory (through our Skretting division) of the New York Declaration on Forests, collaborate in the Roundtable for Responsible Soy (RTRS) Syntegration Steering Committee and are engaged with the Collaboration for Forest & Agriculture (CFA) in Brazil, all in support of addressing deforestation issues.""Our businesses worldwide are taking steps towards achieving increasingly sustainable in-house operations – from reducing our emissions, to spreading the message to our suppliers, to working towards a public commitment for the United Nations Global Compact"
    • Awareness of the value of forests
      1/1
      Yes
      1/1
      "Deforestation is one of the major sustainability challenges for the agri- and aquaculture sector. Soy and oil palm are major deforestation drivers, with over half a million hectares of rainforest, peatland and savannahs destroyed each year for the expansion of these crops."
    • 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
    24/88
    • Palm oil
      28/88
      • Commitment Strength
        7/20
        • Commitment to protect priority forests
          4/8
          • Commitment details
            Zero-gross deforestation
            4/6
            Commitment to protect priority forests
            Zero-gross deforestation
            4/6
            Which certification schemes are used?: RSPO
            "As Nutreco, we aim to source soy and oil palm ingredients free from both legal and illegal deforestation by 2025." [...]With regard to palm oil; in 2020, Nutreco purchased 27,478 MT of palm oil or its derivatives. Of this total amount, 75.7% was RSPO certified."
          • Commitment applies to all regions, suppliers and operation
            No
            0/1.3
            Commitment applies to all regions, suppliers and operation
            No
            0/1.3
            If no, what is excluded?: Subsidary
            Only applies to Nutreco subsidiary "As Nutreco, we aim to source soy and oil palm ingredients free from both legal and illegal deforestation by 2025." [...]With regard to palm oil; in 2020, Nutreco purchased 27,478 MT of palm oil or its derivatives. Of this total amount, 75.7% was RSPO certified."
          • Target date
            2025
            0.3/0.7
            Target date
            2025
            0.3/0.7
            "As Nutreco, we aim to source soy and oil palm ingredients free from both legal and illegal deforestation by 2025." [...]With regard to palm oil; in 2020, Nutreco purchased 27,478 MT of palm oil or its derivatives. Of this total amount, 75.7% was RSPO certified."
          • Interim target date
            No
            0/0.3
        • Commitment to protect High Carbon Stock areas and/or peatlands
          3/5
          • Commitment details
            Yes
            3/3
            Commitment to protect High Carbon Stock areas and/or peatlands
            Yes
            3/3
            Type of commitment: HCS; Peat
            "The response to deforestation is neither simple nor one that any one company,however committed, can resolve. This is a task for the entire industry sector,governments and civil society to address together. Since 2015, we have purchasedbook & claim certificates to offset 100% of all palm oil ingredients purchased throughour global business, excluding palm kernel oil, which accounted for 15% of our totalpalm oil purchased in 2018. The decision to exclude palm kernel oil is due to thelimited availability of this product and the associated costs."
          • Commitment applies to all regions, suppliers and operation
            No
            0/1.3
            Commitment applies to all regions, suppliers and operation
            No
            0/1.3
            If no, what is excluded?: Product line
            "The response to deforestation is neither simple nor one that any one company,however committed, can resolve. This is a task for the entire industry sector,governments and civil society to address together. Since 2015, we have purchasedbook & claim certificates to offset 100% of all palm oil ingredients purchased throughour global business, excluding palm kernel oil, which accounted for 15% of our totalpalm oil purchased in 2018. The decision to exclude palm kernel oil is due to thelimited availability of this product and the associated costs."
          • Target date
            Past target date, not updated or not achieved
            0/0.7
            Target date
            Past target date, not updated or not achieved
            0/0.7
            "The response to deforestation is neither simple nor one that any one company,however committed, can resolve. This is a task for the entire industry sector,governments and civil society to address together. Since 2015, we have purchasedbook & claim certificates to offset 100% of all palm oil ingredients purchased throughour global business, excluding palm kernel oil, which accounted for 15% of our totalpalm oil purchased in 2018. The decision to exclude palm kernel oil is due to thelimited availability of this product and the associated costs."
          • 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
        8/18
        • Labour rights in the supply chain
          Yes
          4/4
          Labour rights in the supply chain
          Yes
          4/4
          Details of commitment: Discrimination; Forced labour; Child labour; Freedom of association
          Nutecro has a Supplier[Business Partners] Code of Conduct - "Business partners shall not engage in child labour [...] support equal opportunities and fight discrimination at the workplace [...] shall not use prison, indentured, or bonded labour [...] shall respect and support the free association of labour and employee rights to join a trade union where allowable by law."
        • Inclusion of small-scale farmers
          Yes
          4/4
          Inclusion of small-scale farmers
          Yes
          4/4
          What is the nature of that support?: Technical assistance/support; Education and training
          "Through our community development projects, we engage with small, marginalized famers in the communities where we are present according to the “creating shared value” concept. We share technology and best practices along with our nutritional solutions, empowering small farmers to raise themselves out of poverty – in a sustainable way. Our RoadMap 2025 target is to engage with 12,000 famers through these projects."
        • 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
        13/50
        • Reporting against commitments
          0/2
          • Commitment to protect priority forests
            Yes, for partial or unclear commodity exposure
            0.8/1.7
            Commitment to protect priority forests
            Yes, for partial or unclear commodity exposure
            0.8/1.7
            "With regard to palm oil; in 2020, Nutreco purchased 27,478 MT of palm oil or its derivatives. Of this total amount, 75.7% was RSPO certified."
          • Commitment to protect High Carbon Stock areas and/or peatlands
            Yes, for partial or unclear commodity exposure
            0.8/1.7
            Commitment to protect High Carbon Stock areas and/or peatlands
            Yes, for partial or unclear commodity exposure
            0.8/1.7
            "Since 2015, Nutreco has purchased book and claim certificates to offset 100% of all palm oil ingredients purchased throughout the global business, excluding palm kernel oil which accounted for 15% of our total palm oil purchased in 2017. The decision to exclude palm kernel oil is due to the limited availability of this product and the associated costs".
          • Commitment to a traceable supply chain
            No
            0/1.7
        • Reporting is independently verified
          0/1
          • Commitment to protect priority forests
            Yes, using a third-party verification scheme or certification scheme.
            1/1
            Commitment to protect priority forests
            Yes, using a third-party verification scheme or certification scheme.
            1/1
            Which tools, approaches, third-party verification, including certification, schemes are used?: RSPO

            Which processes or groups does the company use for third party verification?: RSPO 
            "With regard to palm oil; in 2020, Nutreco purchased 27,478 MT of palm oil or its derivatives. Of this total amount, 75.7% was RSPO certified."
          • Commitment to protect High Carbon Stock areas and/or peatlands
            Yes, using a third-party verification scheme or certification scheme.
            1/1
            Commitment to protect High Carbon Stock areas and/or peatlands
            Yes, using a third-party verification scheme or certification scheme.
            1/1
             "Since 2015, Nutreco has purchased book and claim certificates to offset 100% of all palm oil ingredients purchased throughout the global business, excluding palm kernel oil which accounted for 15% of our total palm oil purchased in 2017. The decision to exclude palm kernel oil is due to the limited availability of this product and the associated costs".
          • Commitment to a traceable supply chain
            No
            0/1
        • Suppliers aligned with deforestation commitments across supply chain
          Yes, required
          2/2
          Suppliers aligned with deforestation commitments across supply chain
          Yes, required
          2/2
          "The soy and oil palm ingredients sourcing policy requires us to gather information deeper in the value chain. Knowing who supplies and manufactures the product isn’t enough; we need to know where the primary product is cultivated. This is not only important for ingredients prone to deforestation, but for all ingredients. Only when the full value chain is known, can we accurately assess the impact these ingredients have on our planet and its inhabitants."
        • 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
          Reporting partial volumes
          1/2
          Report volumes of commodity
          Reporting partial volumes
          1/2
          Total/partial volume reported: 31,952 tons
          In its 2019 ACOP report, Nutreco reports that it used 31,952 tons of palm oil, of which 25,286 tons were RSPO-certified (79.14%).
        • Report verified volumes of commodity
          50-79%
          3/6
          Report verified volumes of commodity
          50-79%
          3/6
          What is the certified volume?: 25,286 tons

          For what percent of the company's supply volume is third-party verification of performance relative to commitments conducted?: 79.14%

          What is the non-certified/non-compliant volume?: 6,666 tons
          "In its 2019 ACOP report, Nutreco reports that it used 31,952 tons of palm oil, of which 25,286 tons were RSPO-certified (79.14%)."
        • Upstream: Monitor compliance with human rights
          No
          0/4
        • Downstream: Publishing supplier lists
          No
          0/4
        • Downstream: Monitor compliance in supply chain
          Yes, for its suppliers
          3/4
          Downstream: Monitor compliance in supply chain
          Yes, for its suppliers
          3/4
          How frequently is compliance assessed?: Not specified 

          Details of monitoring: Using internal monitoring and verification systems
          "We believe the most significant part of Nutreco’s environmental footprint is in our supply chain, the sourcing of the ingredients we use to make our products. The first step in engaging with our ingredient suppliers to help make our supply chain more sustainable is asking them to sign and agree to comply with our Supplier Code of Conduct (SCoC). This document, available on our website, is divided into three components – general products, agricultural products and marine products – and covers criteria addressing issues such as biodiversity loss, child labour, pesticide use, water use, antibiotic use, traceability and fishery management. The second step is to evaluate whether suppliers’ products, ingredients and geographic origins are high or low risk by filtering them through a risk analysis tool. The third level of engagement is to submit suppliers to quality audits with a sustainability component (see Auditing suppliers)."
        • 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
    • Soy
      27/88
      • Commitment Strength
        5/20
        • Commitment to protect priority forests
          6/11
          • Commitment details
            Zero-gross deforestation
            5.3/8
            Commitment to protect priority forests
            Zero-gross deforestation
            5.3/8
            (For downstream soy companies only) Does the company commitment also explicitly apply to hidden/indirect soy?: No

            Other certification scheme: ProTerra

            Which certification schemes are used?: Other certification
            "As Nutreco, we aim to source soy and oil palm ingredients free from both legal and illegal deforestation by 2025."
          • Commitment applies to all regions, suppliers and operation
            No
            0/2
            Commitment applies to all regions, suppliers and operation
            No
            0/2
            If no, what is excluded?: Subsidary
            "As Nutreco, we aim to source soy and oil palm ingredients free from both legal and illegal deforestation by 2025."
          • Target date
            2025
            0.5/1
            Target date
            2025
            0.5/1
            "As Nutreco, we aim to source soy and oil palm ingredients free from both legal and illegal deforestation by 2025."
          • Interim target date
            No
            0/0.5
        • 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
        8/18
        • Labour rights in the supply chain
          Yes
          4/4
          Labour rights in the supply chain
          Yes
          4/4
          Details of commitment: Discrimination; Forced labour; Child labour; Freedom of association
          Nutecro has a Supplier[Business Partners] Code of Conduct - "Business partners shall not engage in child labour [...] support equal opportunities and fight discrimination at the workplace [...] shall not use prison, indentured, or bonded labour [...] shall respect and support the free association of labour and employee rights to join a trade union where allowable by law."
        • Inclusion of small-scale farmers
          Yes
          4/4
          Inclusion of small-scale farmers
          Yes
          4/4
          What is the nature of that support?: Technical assistance/support; Education and training
          "Through our community development projects, we engage with small, marginalized famers in the communities where we are present according to the “creating shared value” concept. We share technology and best practices along with our nutritional solutions, empowering small farmers to raise themselves out of poverty – in a sustainable way. Our RoadMap 2025 target is to engage with 12,000 famers through these projects."
        • 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
        13/50
        • Reporting against commitments
          1/3
          • Commitment to protect priority forests
            Yes, for partial or unclear commodity exposure
            1.3/2.5
            Commitment to protect priority forests
            Yes, for partial or unclear commodity exposure
            1.3/2.5
            "In 2020, Nutreco purchased 1,414,607 MT of soy and soy products. Of this 412,940 MT (29%) classified as soy originating from low deforestation risk geographies or ProTerra certified and segregated from high risk geographies"
          • Commitment to a traceable supply chain
            No
            0/2.5
        • Reporting is independently verified
          0/2
          • Commitment to protect priority forests
            Yes, using a third-party verification scheme or certification scheme.
            1.5/1.5
            Commitment to protect priority forests
            Yes, using a third-party verification scheme or certification scheme.
            1.5/1.5
            Which tools, approaches, third-party verification, including certification, schemes are used?: ProTerra

            Which processes or groups does the company use for third party verification?: ProTerra
            "In 2020, Nutreco purchased 1,414,607 MT of soy and soy products. Of this 412,940 MT (29%) classified as soy originating from low deforestation risk geographies or ProTerra certified and segregated from high risk geographies"
          • Commitment to a traceable supply chain
            No
            0/1.5
        • Suppliers aligned with deforestation commitments across supply chain
          Yes, required
          2/2
          Suppliers aligned with deforestation commitments across supply chain
          Yes, required
          2/2
          "The soy and oil palm ingredients sourcing policy requires us to gather information deeper in the value chain. Knowing who supplies and manufactures the product isn’t enough; we need to know where the primary product is cultivated. This is not only important for ingredients prone to deforestation, but for all ingredients. Only when the full value chain is known, can we accurately assess the impact these ingredients have on our planet and its inhabitants."
        • Deforestation cut off date
          No
          0/2
        • Collaborative actions
          Yes
          2/2
          Collaborative actions
          Yes
          2/2
          What initiatives does the company participate in?: Collaborative Soy Initiative

          What is the nature of that participation?: Providing support/advice/experience/expertise
          Nutreco is a partner of the Collaborative Soy Initiative
        • 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
          Reporting total volume
          2/2
          Report volumes of commodity
          Reporting total volume
          2/2
          Total/partial volume reported:  1.431.658 MT 
          In the RTRS report, the total volume of soy was 1.431.658 MT. 
        • Report verified volumes of commodity
          Some disclosure of compliant commodity/unclear % of volume/no verification of reporting
          1/6
          Report verified volumes of commodity
          Some disclosure of compliant commodity/unclear % of volume/no verification of reporting
          1/6
          What is the compliant volume?: 1.431.658 MT

          What third-party verification is used?: RTRS

          What is the non-certified/non-compliant volume?: 1.431.658 MT
          Nutreco used 1.431.658 MT of soy in 2020, but their commitment for the volumes to be certified is by 2025 and currently none of it is certified. 
        • Upstream: Monitor compliance with human rights
          No
          0/4
        • Downstream: Publishing supplier lists
          No
          0/4
        • Downstream: Monitor compliance in supply chain
          Yes, for its suppliers
          3/4
          Downstream: Monitor compliance in supply chain
          Yes, for its suppliers
          3/4
          Details of monitoring: Using a jurisdictional monitoring mechanism; Using internal monitoring and verification systems; Using third party verification

          How frequently is compliance assessed?: High risk suppliers are audited once every three years
          "Through our divisions, during 2018, we performed quality audits at our key suppliers,according to the division supplier and supply chain improvement plan. Audits aremainly executed by the Quality teams at each division and partly outsourced to a thirdparty. Though audits mainly focus on quality and product specification characteristics,as a key part of our supplier development program, a portion of the audit is structuredto examine general sustainability issues relevant to the supplier.Out of our total of 4,562 suppliers, approximately 325 suppliers represent 80% of ourannual spend. Of these 325 suppliers, we have determined that approximately 225suppliers represent a high risk, either due to the type of commodity they supply or theregion it is sourced from. Our high-risk suppliers are placed on a three-year audit cycle(audited once every three years) [...] The audits found no evidence based on recent transactions (2018) that any of our suppliershave bought from soy farms engaged in illegal activity linked to deforestation [...]No soy bought by our suppliers came from farms involved in illegal deforestation.This was verified by comparing information about the farms against publicly availableinformation such as IBAMA (Brazilian Institute of Environment and Renewable NaturalResources). IBAMA has information about areas blocked for the sale of agricultural productsbecause they are protected."
        • 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
    • Pulp & Paper *
      8/88
      • 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
        8/18
        • Labour rights in the supply chain
          Yes
          4/4
          Labour rights in the supply chain
          Yes
          4/4
          Details of commitment: Discrimination; Forced labour; Child labour; Freedom of association
          Nutreco has a Supplier Code of Conduct - "Suppliers shall not engage in child labour [...] Suppliers shall support equal opportunities and fight discrimination at the workplace [...] Suppliers shall not use prison, indentured, or bonded labour [...] Suppliers shall respect and support the free association of labour and employee rights to join a trade union where allowable by law."
        • Inclusion of small-scale farmers
          Yes
          4/4
          Inclusion of small-scale farmers
          Yes
          4/4
          What is the nature of that support?: Technical assistance/support; Education and training
          "Through our community development projects, we engage with small, marginalized famers in the communities where we are present according to the “creating shared value” concept. We share technology and best practices along with our nutritional solutions, empowering small farmers to raise themselves out of poverty – in a sustainable way. Our RoadMap 2025 target is to engage with 12,000 famers through these projects."
        • 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
  • * commodity scores for which a company is not a powerbroker are given half the weighting of other commodities in total scores

  • Commitment strength
    5/20
    Avg. score
  • Reporting and Implementation
    10/50
    Avg. score
  • Social considerations
    8/18
    Avg. score

Profile

SHV Holdings is a Dutch trading company. The company owns Nutreco, which is one of the global leaders in animal nutrition and aquafeed. The company sells its products in more than 90 countries. According to Nutreco, its brand Skretting is the leading manufacturer of aquaculture feed in the world. Soy and palm oil are often used in animal feed products. SHV holdings is selected as a powerbroker for palm oil, soy and paper packaging.

Sector
Industry sector 
Animal feed
Segments
Manufacturer
HQ
HQ 
Netherlands
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.

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.