As part of the PRI-coordinated engagement on Sustainable Palm Oil, more than 62 investment organisations with approximately US$8 trillion in assets under management endorsed a statement laying out their expectations of companies operating across the palm oil value chain and highlighting their continued support for a sustainable palm oil industry.

During the collaborative engagement, the investors encouraged the companies they invest in to adopt responsible practices, including:

  • To become members of the RSPO and apply the RSPO’s Principles and Criteria;
  • To adopt and implement a publicly available No Deforestation, No Peat and No Exploitation (NDPE) policy, regardless of their certification status;
  • To commit to full traceability of the palm oil they source and supply to the plantation level, and to participate in supply-chainwide transparency efforts by mapping and disclosing their palm oil concession areas;
  • To set time-bound plans and regularly report on progress and practices;

Companies associated with unsustainable palm oil face a multitude of risks – operational, financial, regulatory and reputational – and these risks can cascade on to consumer goods companies and retailers further down the supply chain, as well as companies’ financiers.

Each year SPOTT publishes assessments of palm oil producers, processors and traders on their public disclosures on Environmental, Social and Governance issues. SPOTT palm oil assessments follow a comprehensive framework of over 180 best practice indicators spread across 10 categories.

The “PRI expectations score”, assessing companies against the PRI “Investor Expectations on Sustainable Palm Oil”, is generated by ZSL from a subset of SPOTT indicators. Investors can use this to assess companies against the expectations set out in the Investor Expectation Statement on Sustainable Palm Oil. A full score indicates that the company has key policies and commitments in place aligned with the expectations, but company policies and commitments may not translate into effective implementation on the ground and additional indicators should be used to appreciate a company’s approach in more depth.

For a more detailed and nuanced view of company disclosures, users are encouraged to review assessments in full on and engage with companies and third parties directly. The SPOTT media monitor on each company page may provide some contextual information; however, independent due diligence activities should include measures to assess levels of implementation.

Company reports

Download all reports here, or select individual reports below: