SPOTT supports the financial sector and supply chain stakeholders to manage ESG risk through its assessment of the public disclosure and reporting of soft commodity companies.
LATEST ASSESSMENT: TIMBER & PULP 2025
New research reveals persistent traceability gaps, putting billions in timber investment at risk and jeopardising the future of forests worldwide
View Study- Groupe SEFAC: 16.2%
- Rougier SA: 27.3% 1
- Agritrade International Pte Ltd: 3.2% 7
- Groupe Decolvenaere: 10.8% 6
- Compagnie Dan Gabon (CDG): 0.8%
- LLC KRC EFKO-Kaskad: 29.9% 10
- Korindo Group (timber and pulp): 53.7% 1
- China Forestry Group Corporation: 11.2% 2
- Cameroon United Forests: 9.4%
- Zhongce Rubber Group Co Ltd (中策橡胶集团有限公司): 0.4%
- PT Adindo Hutani Lestari (previously assessed as Adindo Foresta): 10.3% 9
- Yihua Lifestyle (宜华生活科技股份有限公司): 6.2%
- Asian Agri Group: 76.5%
- FELCRA Bhd: 8.6% 4
- Sampoerna Agro Tbk PT (Hutan Ketapang Industri PT): 86.5% 1
- Societe de Transformation du Bois de la Kadey (STBK): 1%
- Sodinaf: 0.6%
- Olam International (timber and pulp): 72.9% 3
- Groupe Blattner Elwyn: 0%
- Wanpeng International (浙江万蓬进出口有限公司): 0%
- Golden Plantation Tbk PT: 9.1% 1
- PTT Green Energy Pte Ltd: 0%
- Viterra (merged with Bunge Global S.A. July 2025): 47.3%
- SEEF: 1.2%
- Precious Woods Holding AG: 87.5% 1
- Golden Agri Resources Ltd: 82.5% 1
- Beijing New Building Material Group (北新建材集团有限公司): 27% 10
- Woodbois: 64.9% 5
- Darmex Agro PT: 0.8%
- Mewah International Inc: 73.5% 5
- Jiangsu Wanlin Modern Logistics (江苏万林现代物流股份有限公司): 1.4%
- Kirana Megatara: 64.1% 2
- Shin Yang: 19.4% 1
- Cikel Group: 0% 4
- Atama Plantation Sarl: 0.3%
- Johor Plantations Group Bhd (previously Kulim (Malaysia) Bhd): 88.8% 7
- Corà Domenico & Figli: 6.6% 1
- Sarawak Oil Palms Bhd: 51.7% 2
- SOFIA: 0.8%
- SIPAM: 0.8%
- Dino & Fils: 6.1%
- Celulose Irani SA: 52.8%
- APRIL: 78.9% 1
- Alpi: 24.1%
- SLJ Global: 28.6% 8
- Sumec International Technology Trade: 4.6%
- FELCRA Bhd: 12.8% 5
- Sodefor: 9.2%
- Groupe Blattner Elwyn (palm oil): 0%
- Michelin: 80.2%
- Brasil Bio Fuels (BBF): 15.9%
- Sampoerna Agro Tbk PT: 72.8% 1
- SIFCA Group: 26.4% 9
- Grupo Jaremar: 19% 28
- Palmaceite S.A.: 55.5% 14
- Shandong Chenming Paper Holdings: 18.5% 1
- Danec S.A.: 7% 41
- Gabon Wood Industries (GWI): 15.1% 4
- Godrej Industries: 21.1% 6
- SIAT Group: 42.2% 9
- SIPEF: 88.8%
- Rain Forest Management (RFM): 1.6% 4
- Hap Seng Plantations Holdings Bhd: 87.4% 4
- Reforestadora de Palmas de el Peten S.A. (REPSA): 68.5% 14
- Hankook Tire & Technology: 53% 2
- KPN Plantation (previously GAMA Plantation): 32.4% 9
- Best Group: 0.8%
- Archer Daniels Midland Company (ADM): 69.3% 4
- Glenealy Plantations Sdn Bhd: 56.2% 1
- Compagnie des Bois du Gabon (CBG): 73.9% 3
- First Resources Ltd: 76.2% 4
- AAK AB: 67%
- Guangdong Guangken Rubber Group Co Ltd (广东省广垦橡胶集团有限公司): 0.8%
- Maderera Bozovich: 46% 1
- Rimbunan Hijau Group: 11.1% 2
- Socfin Group: 64.6% 1
- Siva Group: 0%
- Golden Veroleum (Liberia) Inc (GVL): 40% 3
- Afriwood Industries: 1.8%
- Austindo Nusantara Jaya Tbk PT (acquired by First Resources Ltd in May 2025): 92.8%
- Société Industrielle de Mbang: 2.7%
- Shanghai Sen Lian Timber Industrial Development: 0%
- ITOCHU Corporation (Aneka Bumi Pratama PT): 60.5% 3
- Samling Group: 63.6% 1
- Top Glove Corporation Bhd: 53.1% 2
- Kencana Agri Ltd: 26.3% 3
- Bridgestone Corporation: 44.8%
- Société Internationale de Plantations d'Hévéas (SIPH): 74.6%
- FGV IFFCO: 23% 12
- APP (Asia Pulp and Paper) Group: 77.6%
- Cargill Inc: 75.4%
- Peng Xin (山东鹏信仓储服务有限公司): 0.8%
- Toba Pulp Lestari: 79.8%
- Integra Group: 32.5% 7
- Biopalma da Amazônia S.A.: 13.6%
- AMCEL: 50.9%
- Bornion Timber Sdn Bhd (BTSB): 16.1% 3
- SEFECCAM - SIENCAM: 7.4% 2
- Maxland Berhad (previously assessed as Priceworth International): 11.9% 4
- Amcor Ltd (安姆科（中国）投资有限公司): 36% 1
- Patanjali Foods Limited (Previously assessed as Ruchi Soya Industries Ltd): 11.1% 3
- Taman Group: 2.3%
- Wenzhou Timber Group Company Ltd (温州木材集团有限公司): 0.5%
- POSCO International: 69.2% 2
- Zhejiang Materials Industry Senhua Group (浙江物产森华集团有限公司): 5.5%
- Kuala Lumpur Kepong Bhd: 74.9%
- Eldorado Brasil Celulose: 51.2% 2
- Julong Group (previously assessed as Tianjin Julong Group): 0.5%
- Indofood Agri Resources Ltd: 49.7% 3
- Boustead Plantations Bhd: 67.1% 1
- The Yokohama Rubber Co Ltd: 54.7% 4
- Interholco: 96.9%
- Vicwood Group: 3.5% 5
- Groupe Fokou: 0.8%
- Synergy Oil Nusantara PT (PT SON): 7.1%
- TSE Group (formerly Korindo Group) (palm oil): 47.8% 2
- Maderacre: 85% 2
- Viet Nam Rubber Group (VRG): 32.8%
- Grupo Hame: 89.6% 10
- QL Resources Bhd: 22.3% 1
- Southland Global Pte Ltd: 45.6% 7
- 3F Industries: 3.4%
- Oji Holdings Corp: 47.7% 4
- Genting Plantations Bhd: 78.3%
- TSH Resources Bhd: 58.2%
- Apical Group: 93.3% 1
- Dhanistha Surya Nusantara: 0.6%
- Klabin SA: 58.5% 7
- Palmas Group: 49.5% 6
- AgroAmerica: 90.1% 5
- Belem Bioenergia Brasil (BBB): 47.1% 23
- Jaya Tiasa Holdings Bhd: 21.7%
- Nisshin OilliO: 56.4% 2
- TA ANN Holdings: 26.6%
- Wilmar International Ltd: 92.3%
- Halcyon Agri: 59.4% 6
- Frigorifico Allana Pvt Ltd (Previously assessed Allana Group): 16.1%
- WTK Holdings: 31.4% 5
- Agropalma Group: 67.4% 23
- Royal Lestari Utama: 49.9% 5
- Ningbo ND Import & Export Co Ltd (宁波宁电进出口有限公司): 0.5%
- APP China: 30.5% 1
- Kayu Lapis Indonesia: 16.6%
- Louis Dreyfus Company: 69.1% 2
- Wings Corp: 5.3% 1
- Tranchivoire: 2.3%
- Sawit Sumbermas Sarana Tbk PT: 62.4%
- Noble Group Ltd: 82.1% 8
- Permata Hijau Group: 71.4% 2
- Suzano SA: 61.6% 4
- Kumho Tire: 48.5% 5
- Bumitama Agri Ltd: 81.5%
- Triputra Agro Persada Group PT: 84.3% 2
- Marubeni: 44.8% 1
- Asia Congo Industries: 2.6%
- Fuji Oil Group: 48.5% 4
- TBNI: 0.8%
- Bracell: 70.4%
- Gozco Plantations Tbk PT: 15.2% 2
- SD Guthrie Bhd (previously assessed as Sime Darby Plantation Sdn Bhd): 94.8% 1
- Perkebunan Nusantara III PT (Persero) (previously assessed subsidiary Kharisma Pemasaran Bersama Nusantara PT (PT. KPBN)): 45.6% 44
- Continental AG: 52.9% 1
- R.E.A. Holdings plc: 91.5% 3
- International Paper: 31.2%
- Eagle High Plantations Tbk PT: 81.4% 5
- Carotino Group: 45.2% 1
- Gokul Agro Resources Ltd: 10.8% 2
- Olam International (palm oil): 77% 2
- Patum Vegetable Oil Company Ltd: 16.7% 7
- Groupe Blattner Elwyn (timber and pulp): 1.2%
- Xiamen Xindeco (厦门信达股份有限公司): 25.3% 19
- Musim Mas Holdings Pte Ltd: 90.9%
- Anglo-Eastern Plantations plc: 60.2% 8
- Kimbakala et Cie: 0.8%
- CENIBRA: 51.7%
- Sicofor (Sino-Congo-Forest): 1.9%
- Greenheart Group: 17.5%
- J.A. WATTIE Tbk: 22.3% 1
- Itochu Corporation: 62.2%
- Pallisco: 63% 1
- Dexco (formerly Duratex): 80.4% 3
- United Plantations Bhd: 96.1% 1
- Emami Agrotech Ltd: 4.2%
- Sumitomo Forestry: 46.3% 1
- COFCO Corp: 33.5% 5
- HAGL Agrico: 2.3% 2
- Sampoerna Kayoe: 27.1% 1
- Alas Kusuma Group PT: 15.1%
- Tradewinds Plantation Bhd: 6.4%
- KS Oils Ltd: 1.8%
- Agra Bareksa PT: 3%
- Goodyear Tire & Rubber Company: 53.9%
- Cheng Shin Rubber Industry Co Ltd (正新橡胶工业股份有限公司): 39.7% 1
- SAF (Société dAménagement et dExploitation des Forêts): 0.8%
- Golden Pharos: 43.1% 11
- Pirelli & C: 61.6%
- Sri Trang Agro-Industry Public Company Ltd: 60.2% 7
- KHLL Forestry: 4.7%
- Shandong Longsheng: 5.3%
- IOI Corporation Bhd: 84.1%
- K Global Ventures Sdn Bhd: 0%
- Bumi Teknokultura Unggul Tbk (BTEK): 4.4%
- Wijma: 7.5%
- Peak Palm Oil plc: 0% 3
- Astra Agro Lestari Tbk PT: 51.7% 1
- Empresas CMPC SA: 50.9% 9
- New Britain Palm Oil Ltd: 94.4% 4
- Daabon Group: 97.4% 2
- Bois et Sciages de l'Ogooué (BSO): 7%
- KTS Group: 14.5% 2
- Tunas Baru Lampung Tbk PT: 16.2%
- Bewani Oil Palm Plantations Limited: 2.1%
- CIBN: 0.7%
- Royal Industries Indonesia PT: 0%
- SIFCO (Société industrièlle et forestière du Congo): 3% 1
- Bakrie Sumatera Plantations Tbk PT: 31.2% 3
- Commodities House Investments Ltd (HSA Group): 80.6%
- NordSud Timber: 3.6% 1
- Sazean Holdings: 0%
- Bunge Ltd: 65.2%
- Sumitomo Rubber Industries: 47.7% 5
- C.I. Biocosta S.A.: 0.8% 34
- FGV Holdings Bhd: 83.4% 7
- Makin Group: 0.8%
- Bakrie Sumatera Plantations Tbk PT: 42.4%
- Arauco: 42.6% 1
- Goodhope Asia Holdings Ltd: 91.9% 1
- Africa Sustainable Investment: 2.2%
- Likouala Timber: 9.2% 1
- Socfin Group: 77.5% 5
- Hartalega Holdings Bhd: 38.2%
- SOMIVAB: 8.5%
- BLD Plantation Bhd (Bintulu Lumber Development (BLD) Plantation): 29% 2
- SEFYD (远东木业刚果（布）有限公司): 6%
- NaturAceites S.A.: 83.5%
- Bois et Placages de Lopola (BPL): 4.6%
- Indofood Agri Resources Ltd (London Sumatra Indonesia Tbk PT): 47.1% 2
- Veracel: 68.6% 4
- Dejia Group / Yili Timber Group (德嘉木业有限公司 / 立木业有限公司): 1%
- Rimbunan Hijau Group: 16.2% 3
- Wapoga Mutiara Timber Unit II PT: 14% 23
- Jiangsu High Hope International Group (江苏汇鸿国际集团股份有限公司): 7.4% 5
- Plantations et Huileries du Congo (PHC) (previously assessed as Feronia Inc): 24.4% 3
- M.P. Evans Group plc: 88.9% 2
- Priya Gold Oils: 0.9%
- Dharma Satya Nusantara Tbk: 91% 1
- IFFCO: 55.1% 9
- Fipcam: 3.5% 1
- Toyo Tire Corporation: 40.7%
- ENI SpA: 42.8% 14
- Wang Sam Resources & Trading Company (广东大皇森贸易有限公司): 0.8%
- F Jammes SAS: 11%
Commodities Assessed:
Resources:
SPOTT supports the finance sector and supply chain stakeholders to manage environmental, social and governance (ESG) risks by publishing transparency assessments of soft commodity producers and traders. By tracking transparency, SPOTT incentivises the implementation of corporate best practice.
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