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: PALM OIL 2025
Marking 11 years of data, new research warns that lack of transparency and monitoring data leave the palm oil sector off track to meet global forest goals.
View Study- Musim Mas Holdings Pte Ltd: 89% 1
- Bois et Placages de Lopola (BPL): 4.6%
- Vicwood Group: 3.5% 5
- Alas Kusuma Group PT: 15.1%
- KHLL Forestry: 4.7%
- Rain Forest Management (RFM): 1.6% 4
- TSE Group (formerly Korindo Group) (palm oil): 49.6% 1
- Commodities House Investments Ltd (HSA Group): 78.5% 2
- Groupe Blattner Elwyn (palm oil): 0%
- Sampoerna Kayoe: 27.1% 1
- Oji Holdings Corp: 47.7% 4
- Reforestadora de Palmas de el Peten S.A. (REPSA): 68.5% 14
- Fuji Oil Group: 46.1% 2
- Sampoerna Agro Tbk PT (Hutan Ketapang Industri PT): 86.5% 1
- CIBN: 0.7%
- Societe de Transformation du Bois de la Kadey (STBK): 1%
- Golden Veroleum (Liberia) Inc (GVL): 39.2%
- Eagle High Plantations Tbk PT: 83.2% 1
- Tunas Baru Lampung Tbk PT: 16.5%
- Synergy Oil Nusantara PT (PT SON): 7.1%
- Archer Daniels Midland Company (ADM): 66.4% 2
- Wenzhou Timber Group Company Ltd (温州木材集团有限公司): 0.5%
- First Resources Ltd: 78.1% 1
- M.P. Evans Group plc: 88.5%
- Hap Seng Plantations Holdings Bhd: 88.4%
- Cikel Group: 0% 4
- FELCRA Bhd: 8.6% 4
- Beijing New Building Material Group (北新建材集团有限公司): 27% 10
- Bumitama Agri Ltd: 82.1%
- Itochu Corporation: 57.8% 4
- Grupo Jaremar: 18.2%
- International Paper: 31.2%
- Taman Group: 2.3%
- Empresas CMPC SA: 50.9% 9
- Sri Trang Agro-Industry Public Company Ltd: 60.2% 7
- QL Resources Bhd: 21% 1
- SIAT Group: 42.2% 9
- Xiamen Xindeco (厦门信达股份有限公司): 25.3% 19
- Nisshin OilliO: 59.7% 3
- C.I. Biocosta S.A.: 0%
- Michelin: 80.2%
- SOMIVAB: 8.5%
- Wanpeng International (浙江万蓬进出口有限公司): 0%
- Kencana Agri Ltd: 25% 1
- Bornion Timber Sdn Bhd (BTSB): 16.1% 3
- Southland Global Pte Ltd: 45.6% 7
- Yihua Lifestyle (宜华生活科技股份有限公司): 6.2%
- PT Adindo Hutani Lestari (previously assessed as Adindo Foresta): 10.3% 9
- SIPAM: 0.8%
- Wings Corp: 3.7% 1
- Palmaceite S.A.: 42.2% 13
- Danec S.A.: 38.6% 31
- Celulose Irani SA: 52.8%
- KPN Plantation (previously GAMA Plantation): 33.4% 1
- Noble Group Ltd: 82.1% 8
- Sodefor: 9.2%
- Jiangsu High Hope International Group (江苏汇鸿国际集团股份有限公司): 7.4% 5
- Shin Yang: 19.4% 1
- Tradewinds Plantation Bhd: 6%
- FGV Holdings Bhd: 82.9%
- Siva Group: 0%
- HAGL Agrico: 2.3% 2
- Emami Agrotech Ltd: 4.2%
- Top Glove Corporation Bhd: 53.1% 2
- POSCO International: 68.9%
- Groupe Fokou: 0.8%
- Golden Plantation Tbk PT: 8.5%
- Veracel: 68.6% 4
- Africa Sustainable Investment: 2.2%
- Perkebunan Nusantara III PT (Persero) (previously assessed subsidiary Kharisma Pemasaran Bersama Nusantara PT (PT. KPBN)): 47.9% 2
- ITOCHU Corporation (Aneka Bumi Pratama PT): 60.5% 3
- Genting Plantations Bhd: 77.8%
- Sumitomo Forestry: 46.3% 1
- Groupe SEFAC: 16.2%
- Johor Plantations Group Bhd (previously Kulim (Malaysia) Bhd): 92.3% 3
- Patum Vegetable Oil Company Ltd: 15.7% 1
- Indofood Agri Resources Ltd: 49.4%
- SLJ Global: 28.6% 8
- Goodhope Asia Holdings Ltd: 90.1% 1
- Makin Group: 0.7%
- Compagnie des Bois du Gabon (CBG): 73.9% 3
- Royal Lestari Utama: 49.9% 5
- Grupo Hame: 88.1% 1
- Fipcam: 3.5% 1
- The Yokohama Rubber Co Ltd: 54.7% 4
- LLC KRC EFKO-Kaskad: 29.9% 10
- Viterra (merged with Bunge Global S.A. July 2025): 41.1% 6
- COFCO Corp: 30.3% 3
- Permata Hijau Group: 72.7% 1
- China Forestry Group Corporation: 11.2% 2
- Bakrie Sumatera Plantations Tbk PT: 30.7% 11
- K Global Ventures Sdn Bhd: 0%
- Marubeni: 44.8% 1
- Halcyon Agri: 59.4% 6
- Peak Palm Oil plc: 0%
- Arauco: 42.6% 1
- Kirana Megatara: 64.1% 2
- United Plantations Bhd: 93.6% 2
- Socfin Group: 64.6% 1
- Toyo Tire Corporation: 40.7%
- Cargill Inc: 75.6%
- Hartalega Holdings Bhd: 38.2%
- R.E.A. Holdings plc: 94.4% 2
- Alpi: 24.1%
- Wang Sam Resources & Trading Company (广东大皇森贸易有限公司): 0.8%
- Precious Woods Holding AG: 87.5% 1
- Bunge Global S.A.: 63.5% 1
- Louis Dreyfus Company: 66.6% 2
- Kumho Tire: 48.5% 5
- Viet Nam Rubber Group (VRG): 32.8%
- FELCRA Bhd: 13.9% 1
- AgroAmerica: 90.2%
- Sazean Holdings: 0%
- Gabon Wood Industries (GWI): 15.1% 4
- Kayu Lapis Indonesia: 16.6%
- Interholco: 96.9%
- Sumitomo Rubber Industries: 47.7% 5
- SOFIA: 0.8%
- Integra Group: 32.5% 7
- Bracell: 70.4%
- Best Group: 0.8%
- Compagnie Dan Gabon (CDG): 0.8%
- KTS Group: 14.5% 2
- F Jammes SAS: 11%
- SIFCA Group: 25.7%
- Sarawak Oil Palms Bhd: 51.6%
- ENI SpA: 42.8% 14
- Bois et Sciages de l'Ogooué (BSO): 7%
- Biopalma da Amazônia S.A.: 13.6%
- TBNI: 0.8%
- Gokul Agro Resources Ltd: 16.2% 5
- Olam International (timber and pulp): 72.9% 3
- Asian Agri Group: 77.4%
- Godrej Industries: 21.1%
- Agra Bareksa PT: 3%
- Goodyear Tire & Rubber Company: 53.9%
- Pirelli & C: 61.6%
- Priya Gold Oils: 0.9%
- Korindo Group (timber and pulp): 53.7% 1
- Groupe Blattner Elwyn (timber and pulp): 1.2%
- Rimbunan Hijau Group: 10.1% 1
- Frigorifico Allana Pvt Ltd (Previously assessed Allana Group): 15% 1
- Asia Congo Industries: 2.6%
- AMCEL: 50.9%
- Olam Group Ltd (palm oil): 76.1%
- Apical Group: 91.9% 1
- Greenheart Group: 17.5%
- WTK Holdings: 31.4% 5
- Continental AG: 52.9% 1
- Maderera Bozovich: 46% 1
- Bewani Oil Palm Plantations Limited: 2.1%
- IFFCO: 56.4% 1
- Darmex Agro PT: 0.2%
- SEFECCAM - SIENCAM: 7.4% 2
- Gozco Plantations Tbk PT: 14.6%
- Bumi Teknokultura Unggul Tbk (BTEK): 4.4%
- Corà Domenico & Figli: 6.6% 1
- Rimbunan Hijau Group: 16.2% 3
- TSH Resources Bhd: 43.6% 14
- APP (Asia Pulp and Paper) Group: 77.6%
- Wijma: 7.5%
- Golden Agri Resources Ltd: 79.8% 2
- Agritrade International Pte Ltd: 3.2% 7
- Sampoerna Agro Tbk PT (acquired by POSCO International in November 2025): 74.5% 1
- 3F Industries: 3.8%
- APP China: 30.5% 1
- Daabon Group: 92.9% 4
- Société Internationale de Plantations d'Hévéas (SIPH): 74.6%
- Klabin SA: 58.5% 7
- BLD Plantation Bhd (Bintulu Lumber Development (BLD) Plantation): 27.5% 1
- Dharma Satya Nusantara Tbk: 92%
- SD Guthrie Bhd (previously assessed as Sime Darby Plantation Sdn Bhd): 94.1%
- Golden Pharos: 43.1% 11
- Tranchivoire: 2.3%
- AAK AB: 64.1% 2
- Cameroon United Forests: 9.4%
- Mewah International Inc: 72% 1
- Brasil Bio Fuels (BBF): 13.9% 2
- Dejia Group / Yili Timber Group (德嘉木业有限公司 / 立木业有限公司): 1%
- Pallisco: 63% 1
- TA ANN Holdings: 26.6%
- Guangdong Guangken Rubber Group Co Ltd (广东省广垦橡胶集团有限公司): 0.8%
- Shandong Longsheng: 5.3%
- Dhanistha Surya Nusantara: 0.5%
- SIFCO (Société industrièlle et forestière du Congo): 3% 1
- Ningbo ND Import & Export Co Ltd (宁波宁电进出口有限公司): 0.5%
- FGV IFFCO: 46.1% 23
- Afriwood Industries: 1.8%
- Dino & Fils: 6.1%
- Indofood Agri Resources Ltd (London Sumatra Indonesia Tbk PT): 47.1% 2
- Shanghai Sen Lian Timber Industrial Development: 0%
- Maxland Berhad (previously assessed as Priceworth International): 11.9% 4
- Sicofor (Sino-Congo-Forest): 1.9%
- Zhejiang Materials Industry Senhua Group (浙江物产森华集团有限公司): 5.5%
- SIPEF: 88.3%
- Belem Bioenergia Brasil (BBB): 46.9%
- Wilmar International Ltd: 89.2% 3
- Groupe Decolvenaere: 10.8% 6
- Atama Plantation Sarl: 0.3%
- Société Industrielle de Mbang: 2.7%
- PTT Green Energy Pte Ltd: 0%
- Bridgestone Corporation: 44.8%
- Eldorado Brasil Celulose: 51.2% 2
- Austindo Nusantara Jaya Tbk PT (acquired by First Resources Ltd in May 2025): 88.2% 4
- Amcor Ltd (安姆科（中国）投资有限公司): 36% 1
- Groupe Blattner Elwyn: 0%
- Zhongce Rubber Group Co Ltd (中策橡胶集团有限公司): 0.4%
- Likouala Timber: 9.2% 1
- Royal Industries Indonesia PT: 0%
- Glenealy Plantations Sdn Bhd: 55% 1
- SAF (Société dAménagement et dExploitation des Forêts): 0.8%
- Sumec International Technology Trade: 4.6%
- Kimbakala et Cie: 0.8%
- Triputra Agro Persada Group PT: 82.4% 1
- Astra Agro Lestari Tbk PT: 52%
- Peng Xin (山东鹏信仓储服务有限公司): 0.8%
- KS Oils Ltd: 1.8%
- IOI Corporation Bhd: 82.2% 1
- Samling Group: 63.6% 1
- Shandong Chenming Paper Holdings: 18.5% 1
- NordSud Timber: 3.6% 1
- APRIL: 78.9% 1
- Agropalma Group: 71% 3
- Jiangsu Wanlin Modern Logistics (江苏万林现代物流股份有限公司): 1.4%
- Cheng Shin Rubber Industry Co Ltd (正新橡胶工业股份有限公司): 39.7% 1
- Wapoga Mutiara Timber Unit II PT: 14% 23
- Anglo-Eastern Plantations plc: 58.8% 1
- Jaya Tiasa Holdings Bhd: 21.7%
- Carotino Group: 44.9%
- SEFYD (远东木业刚果（布）有限公司): 6%
- SEEF: 1.2%
- CENIBRA: 51.7%
- New Britain Palm Oil Ltd: 94.4% 4
- Toba Pulp Lestari: 79.8%
- Patanjali Foods Limited (Previously assessed as Ruchi Soya Industries Ltd): 12.6% 1
- Julong Group (previously assessed as Tianjin Julong Group): 0.8%
- Suzano SA: 61.6% 4
- Maderacre: 85% 2
- Sodinaf: 0.6%
- Dexco (formerly Duratex): 80.4% 3
- Socfin Group: 75.1% 2
- NaturAceites S.A.: 68.2% 15
- Bakrie Sumatera Plantations Tbk PT: 31.2% 3
- Sawit Sumbermas Sarana Tbk PT: 67.2% 4
- Rougier SA: 27.3% 1
- Boustead Plantations Bhd: 65.9% 1
- Hankook Tire & Technology: 53% 2
- J.A. WATTIE Tbk: 22.3% 1
- Kuala Lumpur Kepong Bhd: 82% 7
- Woodbois: 64.9% 5
- Palmas Group: 46.7% 2
- Plantations et Huileries du Congo (PHC) (previously assessed as Feronia Inc): 14.6% 9
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.
Investors and buyers can use SPOTT to help meet their own commitments, and engage with companies to promote sustainable commodity production through responsible investment and sourcing.
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