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Powerbroker for

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  • Overall approach
    2/10
    • Overarching commitment on deforestation
      0/4
    • Signatory to an initiative tackling deforestation
      1/1
      Signatory
      Yes
      1/1
      Which initiatives?: UN Global Compact
      "We are proud signatories to the UN Global Compact and our commitment to the Ten Principles as underpinned by our Code of Business Conduct and Ethics."
    • Awareness of the value of forests
      0/1
    • Deforestation as a business risk
      1/1
      Business risk
      Yes
      1/1
      "As consumers demand greater transparency into everything from labor standards to executive compensation and deforestation policies, companies — including both financial and nonfinancial institutions — need to keep a close eye on the ESG-related concerns of stakeholders."
    • High-level management of deforestion
      0/1
    • Executive compensation linked to deforestation
      Executive compensation
      No
      0/0
      Does it disclose the percentage of pay at risk?: No
    • 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
      Reduce emissions
      Yes
      0/0
      Type of climate target: Net-zero emissions

      What is the target date for the company to achieve their climate target?: 2050

      Is this target aligned with/verified by SBTi?: Yes
      "In 2020, Thomson Reuters joined the Science Based Targets initiative, committing to reduce Scope 1 & 2 greenhouse gas (GHG) emissions by 50% by 2030 from 2018 baseline levels, as well as reduce absolute Scope 3 GHG emissions from fuel and energy-related activities, business travel, and employee commuting by 25% by 2025 from 2019 baseline levels. Additionally, Thomson Reuters aims to require 65% of suppliers by spend to have Science Based Targets by 2025" [...] "On the 50th anniversary of Earth Day, Thomson Reuters announced that it will work to achieve net-zero emissions by 2050 or sooner. "
  • Commodity score
    9/90
    • Pulp & Paper
      9/90
      • Commitment Strength
        4/17
        • Commodity-specific deforestation commitment
          4/9.5
          • Commitment details
            Credible certification scheme
            2/6
            Commodity-specific deforestation commitment
            Credible certification scheme
            2/6
            What paper/pulp product does their commitment apply to?: Paper products

            When was this commitment set?: 2021

            Which certification schemes are used?: FSC; PEFC

            Type of sustainability commitment: Reduce the volume of virgin wood fibre used in paper and packaging products through usage of recycled content
            "We require that all of our paper mills and merchants hold Programme for the Endorsement of Forest Certification (PEFC), Sustainable Forestry Initiative (SFI) and Forest Stewardship Council (FSC) certifications. Requiring these forestry certifications provides assurance that Core Publishing Solutions purchases paper products from suppliers that support responsible forest management. We pride ourselves on recycling as much as possible at our book printing plant. In one example year, that focus led to us recycling: 5660 tons of paper from the manufacturing process"
          • 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?: Paper in paper mills and from merchants

            What percentage of commodity production/sourcing is excluded?: NA

            What subsidiaries are explicitly excluded?: Paper elsewhere e.g. in packaging or used in shipment

            What is the rationale for any exclusions?: No rationale provided

            If no, what is excluded?: Segment; Product line
            "We require that all of our paper mills and merchants hold Programme for the Endorsement of Forest Certification (PEFC), Sustainable Forestry Initiative (SFI) and Forest Stewardship Council (FSC) certifications. Requiring these forestry certifications provides assurance that Core Publishing Solutions purchases paper products from suppliers that support responsible forest management."
          • Target date
            Current/achieved
            1/1
            Target date
            Current/achieved
            1/1
            What actions or steps are identified for time-bound implementation?: FSC Certification
            "We require that all of our paper mills and merchants hold Programme for the Endorsement of Forest Certification (PEFC), Sustainable Forestry Initiative (SFI) and Forest Stewardship Council (FSC) certifications. Requiring these forestry certifications provides assurance that Core Publishing Solutions purchases paper products from suppliers that support responsible forest management."
          • 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
            "We require that all of our paper mills and merchants hold Programme for the Endorsement of Forest Certification (PEFC), Sustainable Forestry Initiative (SFI) and Forest Stewardship Council (FSC) certifications. Requiring these forestry certifications provides assurance that Core Publishing Solutions purchases paper products from suppliers that support responsible forest management."
        • 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
            0/1
          • Interim target date
            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: Discrimination; Forced labour; Child labour; Freedom of association
          "Workers work voluntarily and are neither forced nor bonded to work nor work in an involuntary capacity in prison labor. Supplier will not use, participate in, or benefit from, any form of human trafficking.[...] Supplier will not use child labor. The term “child” means any person who is (a) under the age of 15 or (b) under the minimum age for employment in the country, whichever is greatest [...] Supplier will be committed to a workforce free of harassment and unlawful discrimination. [...] Freedom of association and the right to collective bargaining are respected"
        • 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
          "No discrimination is practiced • Supplier will be committed to a workforce free of harassment and unlawful discrimination. Supplier will not engage in discrimination in hiring and employment practices, such as compensation, access to training, promotion, termination or retirement based on race, color, religion, age, sex, gender, pregnancy, marital status, sexual orientation, gender identity and expression, national origin, citizenship status, disability, veteran status or any other classification protected by applicable laws or regulations."
        • 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 proportion of compliant volumes
          0/0
        • 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
          " Supplier or any of its Workers may report violations or ask questions about this Code through the Thomson Reuters Business Conduct and Ethics hotline by calling: +(1) 877.373.8837 (outside of the United States and Canada, dial your country access number prior to “1” which is the international code used to dial the U.S. and Canada) or online at: https://secure.ethicspoint.com/domain/media/en/gui/42584/index.html. Confidentiality will be maintained to the fullest extent possible, consistent with the need to conduct an adequate review. Supplier agrees not to retaliate against any of its Workers who, acting in good faith, report what they reasonably believe is a violation of this Code."
        • Report volumes of commodity sourced/used
          No reporting
          0/3
        • Monitor compliance for labour rights and FPIC
          No
          0/5
          Monitor compliance for labour rights and FPIC
          No
          0/5
          What is the status of those FPIC processes?: NA
        • 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: Engagement with non-compliant suppliers
          No engagement or exclusion
          0/2
          Does the company engage non-compliant indirect suppliers in order to address and remedy non-compliance?: No

          Does the company work with the non-compliant supplier to develop an implementation plan to remedy associated harms or non-compliance?: No

          Does the company commit to engage with rightsholders, Indigenous peoples and local communities when developing the implementation plan?: No
        • Downstream: Disclosure of non-compliant suppliers
          No disclosure
          0/2
  • Commitment strength
    4/17
    Avg. score
  • Implementation and Reporting
    2/56
    Avg. score
  • Associated Human Rights Abuses
    4/17
    Avg. score

Profile

Thomson Reuters, majority owned by The Woodbridge Company, is a worldwide printing and publishing company, both online and in print, and headquartered in Canada. The Woodbridge Company Ltd is selected as a powerbroker for pulp & paper.

Sector
Industry sector 
Paper Products
Segments
Retailer
HQ
HQ 
Canada
Company Type
Company type 
CO
Collective Commitments
Consumer Goods Forum member
New York Declaration on Forests signatory

Top Brands

Thomson Reuters, CS Professional Suite, Checkpoint, OneSource, Aumentum, Onvio

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.