YPF

Overall approach

2/10
- Overarching commitment on deforestation
  
  0/4
- Signatory to an initiative tackling deforestation
  
  1/1
  
  Signatory
  
  Yes
  
  1/1
  
  [translation] "Committed to the purposes of the Paris Climate Agreement, the Sustainable Development Goals of the United Nations 2030 Agenda and the Principles of the Global Compact, among other international efforts to contribute to a future that improves the quality of life of people. sonas and take care of the planet's resources."
  
  Open source document
- Awareness of the value of forests
  
  1/1
  
  Awareness
  
  Yes
  
  1/1
  
  "During 2017 we continued consolidating the social benefits associated with the Forestry Project, which was launched in the Province of Neuquén in 1998. This forestation program seeks sustainable development of forest resources by (1) protecting the natural system; (2) preserving and safeguarding the integrity of key ecosystem components; (3) ensuring the future availability of forest resources; (4) and boosting regional economies. "
  
  Open source document
- 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
  
  Reforestation disclosure
  
  Yes
  
  0/0
  
  How many hectares of reforestation or restoration are being or have been conducted or facilitated by the company?: 7000ha
  
  "This year we continued the project launched in 1998 that already boasts 7,000 hectares of pines, indigenous and other species. A new forest inventory was made of planted fields to adjust the CO2 capture calculation, estimated in 760,000 tons in 2014. The new calculation will be available next year."
  
  Open source document
- Target to reduce emissions in scope 1/2
  
  Reduce emissions
  
  No
  
  0/0
  
  Type of climate target: N/A
  
  Is this target aligned with/verified by SBTi?: No
Commodity score

3/90
- Soy
  
  3/90
  - 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
    
    1/17
    - Labour rights in the supply chain
      No
      
      0/3
    - 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
      
      "We set ourselves the goal of reaching 25% of women in leadership positions in YPF by 2025.The gender equity initiative of our action plan includes ten specific lines of work: Clothing, Infrastructure, Participation, Technical Training, Work Method, Co-responsibility, Professional Development, Inappropriate behavior, Protection of people and Culture. And two transverse axes to the previous ones: Indicators and Communication"
      
      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
      No
      
      0/3
    - Zero-tolerance approach to violence and threats
      No
      
      0/3
  - Implementation and Reporting
    
    2/56
    - 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
      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
      
      They have a grievance hotline where you can log grievances. It is managed by PWC.
      
      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
    - 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: Disclosure of non-compliant suppliers
      No disclosure
      
      0/2
Commitment strength

0/17

Avg. score
Implementation and Reporting

2/56

Avg. score
Associated Human Rights Abuses

1/17

Avg. score

Profile

YPF is an energy company whose headquarters are in Argentina, and refine and distribute biofuels. YPF uses soy in its biofuel production. YPF is selected as a powerbroker for soy.

Sector

Industry sector

Agricultural Products

Segments

Manufacturer

Argentina

Company Type

Company type

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.

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Total

Score:

Total score:

4%

Profile

How we assess the Forest 500

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YPF

Total

Score:

Total score: 4%

Profile

How we assess the Forest 500

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Total score:

4%