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  • Overall approach
    0/10
    • Overarching commitment on deforestation
      0/4
    • Signatory to an initiative tackling deforestation
      0/1
    • Awareness of the value of forests
      0/1
    • 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
    14/90
    • Soy
      16/90
      • Commitment Strength
        4/17
        • Commodity-specific deforestation commitment
          4/9.5
          • Commitment details
            Protects priority forests (including High Conservation Value, High Carbon Stock, and peatlands)
            2/6
            Commodity-specific deforestation commitment
            Protects priority forests (including High Conservation Value, High Carbon Stock, and peatlands)
            2/6
            Does the company have a commitment to the protection of other specific named ecosystems?: HCS

            Does the company commitment also explicitly apply to hidden/indirect soy?: No

            When was this commitment set?: NA
            "The main requirements are: As part of its commitment, Vicentin Group decides to adopt the directive RED 2009/28/EC of Renewable Energies for soybean biofuels of the European Union, focusing on the use of renewable energy sources.1º Land use: biofuel cannot be produced with biomass from lands that before 1st January 2008 were natural forests, ecological reserves, land with high biological content, etc.;"
            Open source document
          • 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?: Biofuel

            If no, what is excluded?: Product line
            "The main requirements are: As part of its commitment, Vicentin Group decides to adopt the directive RED 2009/28/EC of Renewable Energies for soybean biofuels of the European Union, focusing on the use of renewable energy sources.1º Land use: biofuel cannot be produced with biomass from lands that before 1st January 2008 were natural forests, ecological reserves, land with high biological content, etc.;"
            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
            "The main requirements are: As part of its commitment, Vicentin Group decides to adopt the directive RED 2009/28/EC of Renewable Energies for soybean biofuels of the European Union, focusing on the use of renewable energy sources.1º Land use: biofuel cannot be produced with biomass from lands that before 1st January 2008 were natural forests, ecological reserves, land with high biological content, etc.;"
            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
            "The main requirements are: As part of its commitment, Vicentin Group decides to adopt the directive RED 2009/28/EC of Renewable Energies for soybean biofuels of the European Union, focusing on the use of renewable energy sources.1º Land use: biofuel cannot be produced with biomass from lands that before 1st January 2008 were natural forests, ecological reserves, land with high biological content, etc.;"
            Open source document
        • 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
        7/17
        • 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?: Tier 1

          Details of commitment: Discrimination; Forced labour; Child labour; Freedom of association
          "Our “Supplier Code of Conduct” which reflects the labor standards and practices with which our companies work with the intention of aligning them and supporting our principles...Child Labor: Child labor under 15 years of age will not be admitted Forced/Slave Labor:2.2.1-No employee will be admitted who is deprived of his freedom, or who is working against of his will Discrimination: There will be no discriminatory hiring or employment practices based on race, color, religion, sex, age, physical capacity, nationality or sexual orientation or any other condition prohibited by law. Employees enjoy freedom of association and association and no discriminatory practices are carried out for this reason"
          Open source document
        • Inclusion of small-scale farmers
          No
          0/2
        • 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
          "Discrimination: There will be no discriminatory hiring or employment practices based on race, color, religion, sex, age, physical capacity, nationality or sexual orientation or any other condition prohibited by law."
          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
          Yes
          3/3
          Commitment to respect customary rights to land, resources, and territory
          Yes
          3/3
          "Our suppliers have documented evidence of the rights to use the land (document of theproperty, lease agreement). In the event of conflicts or disputes with traditional land users, they will be avoided and resolved. There will be no conversion of the land when there is an unresolved demand for the use of the land by the users of the land. itself under litigation, without the written agreement of both parties."
          Open source document
        • Zero-tolerance approach to violence and threats
          No
          0/3
      • Implementation and Reporting
        6/56
        • Reporting is independently verified
          No
          0/2
        • Suppliers aligned with deforestation commitments across supply chain
          No
          0/3
        • Deforestation cut off date
          Yes, for partial sourcing regions/operations
          1/2
          Deforestation cut off date
          Yes, for partial sourcing regions/operations
          1/2
          What cut-off date is specified?: 2008
          "The main requirements are: As part of its commitment, Vicentin Group decides to adopt the directive RED 2009/28/EC of Renewable Energies for soybean biofuels of the European Union, focusing on the use of renewable energy sources.1º Land use: biofuel cannot be produced with biomass from lands that before 1st January 2008 were natural forests, ecological reserves, land with high biological content, etc.;"
          Open source document
        • 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
          Yes
          2/2
          Operations assessed to comply with law
          Yes
          2/2
          "-Legal Compliance: Our suppliers must comply with all laws and regulations applicable to the activity."[...]"Due diligence must also be present in all processes ofcorporate transformation and acquisitions for the verification of irregularities, factscrimes or the existence of vulnerabilities in the people involved.At the time of initiating the negotiation, the Company will display a rigorous scrutiny offinancial, accounting, tax, legal, reputational, labor, environmental and other similar information, withwith a view to identifying possible hidden defects, unreported liabilities or contingent risks.Any due diligence procedure to third parties must be carried out in accordancewith the procedures and guidance established throughout this policy, and using the resourcesattached to this policy as annexes and that will remain in the possession of VICENTIN for the durationof the commitment or business relationship with said Third Party for 6 years."
          Open source document
          Open source document
        • 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; Environmental

          What is the nature of the grievance mechanism used by the company?: Own mechanism
          Vicentin has an anonymous form that is related to breaches of policy or code of conduct. Environmental grievances can be formally recorded here ANONYMOUS COMPLAINTSCHEDULE E - BREACH REPORTING 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
        • Upstream: Impact assessments for land development/acquisition
          No
          0/4
        • Upstream: Reporting production/processing locations
          Reports location of company-owned processing facilities
          1/4
          Upstream: Reporting production/processing locations
          Reports location of company-owned processing facilities
          1/4
          What is the total area (in ha) of natural ecosystem on land owned, managed, or controlled by the company?: NA

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

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

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

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

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

          What types of ecosystems are these?: NA

          What is the total area in production (in ha)?: NA

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

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

          In what jurisdiction(s)/subnational region does the company operate and/or source material?: Santa Fe ; Buenos Aires

          What is the total land area owned, managed, or controlled by the company for the forest risk commodity?: 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 type of conservation designation and/or conservation status is used?: NA

          From what sub-national jurisdiction(s) does the company source material?: NA
          Vicentin report the locations of the processing facilities they use to process soy into biofuel.
          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
    • Beef *
      11/90
      • Commitment Strength
        0/17
        • Commodity-specific deforestation commitment
          0/9.5
          • Commitment details
            No commitment
            0/6
          • 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
        7/17
        • Labour rights in the supply chain
          Yes
          3/3
          Labour rights in the supply chain
          Yes
          3/3
          Details of commitment: Discrimination; Forced labour; Child labour; Freedom of association

          How far back in the supply chain does this commitment apply?: Tier 1
          "Our “Supplier Code of Conduct” which reflects the labor standards and practices with which our companies work with the intention of aligning them and supporting our principles...Child Labor: Child labor under 15 years of age will not be admitted Forced/Slave Labor:2.2.1-No employee will be admitted who is deprived of his freedom, or who is working against of his will Discrimination: There will be no discriminatory hiring or employment practices based on race, color, religion, sex, age, physical capacity, nationality or sexual orientation or any other condition prohibited by law. Employees enjoy freedom of association and association and no discriminatory practices are carried out for this reason"
          Open source document
        • Inclusion of small-scale farmers
          No
          0/2
        • 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
          "Discrimination: There will be no discriminatory hiring or employment practices based on race, color, religion, sex, age, physical capacity, nationality or sexual orientation or any other condition prohibited by law."
          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
          Yes
          3/3
          Commitment to respect customary rights to land, resources, and territory
          Yes
          3/3
          "Our suppliers have documented evidence of the rights to use the land (document of theproperty, lease agreement). In the event of conflicts or disputes with traditional land users, they will be avoided and resolved. There will be no conversion of the land when there is an unresolved demand for the use of the land by the users of the land. itself under litigation, without the written agreement of both parties."
          Open source document
        • Zero-tolerance approach to violence and threats
          No
          0/3
      • Implementation and Reporting
        4/56
        • 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
          Yes
          2/2
          Operations assessed to comply with law
          Yes
          2/2
          "Aligned with our corporate policy of integrated management, and with the aim of developing safe products, improving Environmental, Health and Safety at Work performance, respecting human rights, complying with legislation applicable and commitments assumed, in the activities related to our operations, we transmit to our suppliers our "Supplier Code of Conduct" which reflects the labor standards and practices with which which our companies work with with the intention of aligning them and supporting our principles, to work in a same line and with the same objectives 1. Business integrity 1.1-Legal Compliance: Our suppliers must comply with all laws and regulations applicable to the activity."; "Due diligence must also be present in all the processes of corporate transformation and acquisitions to verify irregularities, facts illicit or the existence of vulnerabilities in the people involved. At the time of starting the negotiation, the Company will display a rigorous scrutiny of financial, accounting, tax, legal, reputational, labor, environmental and other similar information, with with a view to identifying possible hidden defects, undeclared liabilities or contingent risks. Any due diligence procedure to third parties must be carried out in accordance with the procedures and guidance established throughout this policy, and using the resources attached to this policy as annexes and which will remain in the possession of VICENTIN for the duration of the commitment or business relationship with said Third Party for 6 years."; [Translation] - "4.1- Complying with the relevant legislation on land use.4.2- Protecting the areas assigned as legal reserve, conservation area and biodiversity guaranteed by law.4.3- If requested, they will be able to provide information regarding the sustainability of the exploited areas, clearing dates, specific areas [...] 7.1-Our suppliers have documented evidence of the rights to use the land (ownership document, lease agreement)."
          Open source document
          Open source document
          Open source document
        • 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
          Vicentin has an anonymous form that is related to breaches of policy or code of conduct. Environmental grievances can be formally recorded here ANONYMOUS COMPLAINTSCHEDULE E - BREACH REPORTING 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
        • Upstream: Impact assessments for land development/acquisition
          No
          0/4
        • Upstream: Reporting production/processing locations
          No disclosure
          0/4
        • 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

    • * commodity scores for which a company is not a powerbroker are given half the weighting of other commodities in total scores

  • Commitment strength
    2/17
    Avg. score
  • Implementation and Reporting
    5/56
    Avg. score
  • Associated Human Rights Abuses
    7/17
    Avg. score

Profile

Vicentin is an Argentinian agro-industrial company active in textiles, agriculture, and agricultural products. It is a major player in the Argentinian soy market with a significant market share for soy crushing. Vicentin is also one of the largest exporters of soy from Argentina and among the top ten from Paraguay. Additionally, the company is involved in biodiesel production with a daily production of 500 tons and has a feed lot holding 20,000 heads of cattle. Vicentin S.A.I.C. is selected as a powerbroker for soy and is also assessed for its exposure to beef.

Sector
Industry sector 
Agricultural Products
Segments
Producer, Trader, Processor, Manufacturer
HQ
HQ 
Argentina
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.

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.