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Powerbroker for

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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
      Which initiatives?: UN Global Compact
      [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."
    • Awareness of the value of forests
      1/1
      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. "
    • 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
      Yes
      0/0
      How many hectares of conservation area are being supported or facilitated by the company on land it does not own or manage?: 32 hectares
      "Another area where the company develops protective actions is the environmental reserve of the Luján de Cuyo Industrial Complex. This 32-hectare area was created in 1999 to contribute to the conservation of wild species and to provide a space for recreation, education and research. It has a center for the rescue, rehabilitation and conservation of species, in coordination with the Directorate of Renewable Natural Resources of the Province. During 2018, 995 animals were admitted, mostly birds for recovery. Once rehabilitated, they are released into their natural habitats."
    • Disclosure of reforestation activity
      Yes
      0/0
      "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."
    • Target to reduce emissions in scope 1/2
  • Commodity score
    3/88
    • Soy
      3/88
      • Commitment Strength
        0/20
        • Commitment to protect priority forests
          0/11
          • Commitment details
            No commitment
            0/8
          • 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
        • 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
        1/18
        • Labour rights in the supply chain
          No
          0/4
          Labour rights in the supply chain
          No
          0/4
        • Inclusion of small-scale farmers
          No
          0/4
        • Gender equality in the supply chain
          Commitment to address gender related labour rights including discrimination and harassment
          1/4
          Gender equality in the supply chain
          Commitment to address gender related labour rights including discrimination and harassment
          1/4
          "[translation] We have a five-year action plan that includes projects that promote and take care of gender equality, diversity and inclusion, for our people and for our clients and suppliers. [...] The gender equity initiative of our action plan includes ten specific work areas: Clothing, Infrastructure, Participation, Technical Training, Work Modality, Co-responsibility, Professional Development, Inappropriate Behaviors, Protection of People and Culture. And two transversal axes to the previous ones: Indicators and Communication. [...] Each of these axes includes actions to promote and ensure the inclusion and full participation of women in YPF and to remove the main obstacles they encounter to entry, participation, promotion, remuneration and recognition. Our Gender Equity initiative contributes to SDG 5: Achieve gender equality and empower all women and girls."
        • 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
        2/50
        • Reporting against commitments
          0/3
          • Commitment to protect priority forests
            No
            0/2.5
          • Commitment to a traceable supply chain
            No
            0/2.5
        • Reporting is independently verified
          0/2
          • Commitment to protect priority forests
            No
            0/1.5
          • Commitment to a traceable supply chain
            No
            0/1.5
        • 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
          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, that of external company, internationally recognised mechanism, etc.)?: External 

          Which issues does the grievance mechanism cover?: Social; Environmental

          Does the company publish grievances that have been made against it, as well as responses and resolutions including status and timeframes: No
          They have a grievance hotline where you can log grievances. It is managed by PWC.
        • 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
  • Commitment strength
    0/20
    Avg. score
  • Reporting and Implementation
    2/50
    Avg. score
  • Social considerations
    1/18
    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 
Biofuel
Segments
Manufacturer
HQ
HQ 
Argentina
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.