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First Resources is an investment holding company established in 1992. Through its subsidiaries, First Resources

  • Landbank (oil palm):
    242,527 hectares
  • Palm cultivation revenue:
    39.9%
  • Market cap:
    2,267,779,328 USD
  • Thomson Reuters ticker:
    FRLD.SI
  • Bloomberg ticker:
    FR SP
  • ISIN:
    SG1W35938974
  • RSPO member?
    Yes
  • Website:

Company assessment: First Resources Ltd – November 2017

SPOTT assesses companies against over 100 indicators across ten categories. Click on the icons or bars below to expand each category for further details, scoring and links to reports and sources.

Assessment date:

Total: 62.1% 79.5 / 128
  • Sustainability policy and leadership Sustainability policy and leadership 5 / 6 83.3%
    • Companies should publish sustainability policies or similar covering their entire supply chain — including third party suppliers — implemented and enforced through high-level leadership that engages with wider industry schemes.

    • Yes
      1 / 1
      Source

      1. Sustainable palm oil policy or commitment for all its operations?

      The company has a Policy on Sustainable Palm Oil

    • Yes
      1 / 1
      Source

      2. Policy or commitment applies to direct and third-party suppliers?

    • Yes
      1 / 1
      Source

      3. High-level position of responsibility for sustainability?

      Head of Sustainability

    • Yes
      1 / 1
      Source

      4. Sustainability report published within last two years?

      The company last produced a sustainability report in 2015 and also produces sustainability progress reports twice a year

    • No
      0 / 1
      No source

      5. Member of multiple industry schemes or other external initiatives to improve sustainability in relation to palm oil?

    • n/a
      -
      No source

      6. Verification report on compliance with POIG Charter, if a POIG member?

      This indicator is disabled as it is not applicable to this company.

    • Yes
      1 / 1
      Source

      7. Activities with government and/or NGOs to improve palm oil sustainability?

      The company reports its Community Development Officers engage with the local government, and it has working group discussions with NGOs as and when required. With the assistance of a local NGO (BKSDA) it trained its task force to detect, monitor and manage the presence of wildlife in HCV areas

  • Landbank, maps and traceability Landbank, maps and traceability 12 / 19 63.2%
    • Companies should publicly report figures on their total landbank and details of different areas under their management. They should also disclose maps of their management areas and provide details on traceability of their products, both to mill and plantation level.

    • Yes
      1 / 1
      Source

      8. Total land area managed/controlled for oil palm (ha)?

      242,527

    • Yes
      1 / 1
      Source

      9. Total oil palm planted area (ha)?

      178,693 - This figure excludes plasma areas

    • Yes
      1 / 1
      Source

      10. Plasma/scheme smallholders planted area (ha)?

      30,481

    • Yes
      1 / 1
      Source

      11. Unplanted (areas designated for future planting)(ha)?

      109,525 - The company states it has 109,525 ha of 'development land bank' which includes 28,765 ha of 'No-Go areas' (areas with potential HCS, HCV or peat content, and have therefore been carved out from the Group’s development plans)

    • Yes
      1 / 1
      Source

      12. Conservation set-aside area, including HCV area (ha)?

      4,543.07 - The company also states 28,765 ha of areas with HCV, HCS or peat have been identified as 'no-go areas'

    • No
      0 / 1
      No source

      13. Area for infrastructure (ha)?

    • Yes
      1 / 1
      Source

      14. Number of company owned mills?

      15

    • No
      0 / 1
      No source

      15. Maps or coordinates of company owned mills?

    • No
      0 / 1
      No source

      16. Number and names of supplier mills?

    • Partial
      0.5 / 1
      Source

      17. Maps of estates/management units?

      The company is not on a list of non-submitters of maps to the RSPO. However, ZSL is currently unable to ascertain if the maps disclosed constitute 100% of the company's palm oil estates. Maps will become available on GeoRSPO

    • No
      0 / 1
      No source

      18. Maps of scheme/plasma smallholders?

    • Partial
      0.5 / 1
      Source

      19. Time-bound commitment to achieve 100% traceability to mill level?

      2016 - The target is in the past and the company has not achieved 100% traceability to mill

    • Yes
      1 / 1
      Source

      20. Time-bound commitment to achieve 100% traceability to plantation level?

      2020

    • Yes
      2 / 2
      Source

      21. Percentage of supply traceable to mill level (above 80%)?

      97%

    • Yes
      2 / 2
      Source

      22. Percentage of fresh fruit bunches (FFB) from own mills traceable to plantation level (is above 75%)?

      92%

    • No
      0 / 2
      No source

      23. Percentage of fresh fruit bunches (FFB) from supplier mills traceable to plantation level (is above 75%)?

  • Deforestation and biodiversity Deforestation and biodiversity 10 / 12 83.3%
    • Companies should commit to address deforestation and to set aside areas for conservation. They should report on any activities to manage or restore habitat in their conservation areas, or monitor deforestation in their supply chains. They should also provide evidence of species conservation and biodiversity protection.

    • Yes
      0.5 / 0.5
      Source

      24. Commitment to address deforestation?

    • Yes
      1 / 1
      Source

      25. Commitment to zero deforestation?

    • Yes
      1 / 1
      Source

      26. Deforestation commitment applies to scheme smallholders and independent suppliers?

    • Yes
      1 / 1
      Source

      27. Criteria for defining deforestation?

      HCS forests, HCV areas, peat areas

    • Yes
      1 / 1
      Source

      28. Evidence of monitoring deforestation?

      Conservation taskforces that monitor the condition of HCV areas and also use satellite imagery to monitor HCS areas, aiming to detect any forest cover changes

    • Yes
      1 / 1
      Source

      29. Commitment to set aside areas for conservation?

    • Yes
      1 / 1
      Source

      30. Evidence of habitat management and/or habitat restoration?

      Reforestation in HCV areas after forest fire encroachment, and have mangrove-planting programme

    • Partial
      0.5 / 1
      Source

      31. A landscape-level approach?

      The company states in its initiatives for the coming year it will "Collaborate with selected stakeholders for a landscape HCV conservation project" and that it is exploring landscape conservation projects in one of its estates in West Kalimantan

    • Yes
      0.5 / 0.5
      Source

      32. Commitment to biodiversity conservation?

    • Yes
      1 / 1
      Source

      33. Commitment to not endanger species of conservation concern, referencing international or national system of species classification?

      The company's conservation priorities include species preservation, and it recognises the importance of protecting the habitats of rare and endangered species, and makes reference to the IUCN Red List

    • Partial
      0.5 / 1
      Source

      34. Commitment to no hunting or only sustainable hunting of species?

      The company only has a policy against the hunting, injuring, possessing and killing of rare and endangered wildlife within their plantations, not all species

    • No
      0 / 1
      No source

      35. Commitment not to operate within internationally and nationally designated protected areas?

    • Yes
      1 / 1
      Source

      36. Evidence of species conservation activities?

      HCV awareness programmes educating workers and local communities on biodiversity and restriction in HCV areas; signboards to highlight HCV areas; partnered with local conservation agencies on management of rare and endangered species; taskforces at two HCV areas to monitor wildlife

  • HCV, HCS and impact assessments HCV, HCS and impact assessments 7 / 11 63.6%
    • Companies should commit to the High Conservation Value (HCV) and High Carbon Stock (HCS) approaches, and to conduct social and environmental impact assessments (SEIA). They should develop and publish monitoring and management plans, and provide evidence through SEIA, HCV and HCS assessments, typically published in summary form due to the sensitive nature of certain sites.

    • Yes
      1 / 1
      Source

      37. Commitment to High Conservation Value (HCV) approach?

    • Yes
      1 / 1
      Source

      38. HCV commitment applies to scheme smallholders and independent suppliers?

    • Yes
      1 / 1
      Source

      39. Commitment to only use licensed High Conservation Value (HCV) assessors accredited by the HCV Resource Network's Assessor Licensing Scheme (ALS)?

    • Yes
      1 / 1
      Source

      40. High Conservation Value (HCV) assessments for planting undertaken prior to January 2015, and associated management and monitoring plans?

      There is public availability of the following HCV assessments:

      East Kalimantan: PT Borneo Surya Mining Jaya, PT Borneo Persada Energy Jaya, PT Maha Karya Bersama, PT Citra Agro Kencana, PT Ketapang Agro Lestari

      West Kalimantan: PT Mitra Karya Sentosa, PT Swadaya Mukti Prakarsa

    • No
      0 / 1
      Source

      41. High Conservation Value (HCV) assessments for all estates planted since January 2015?

      No assessments could be found, however according to the company's 2016 annual report and 2016 ACOP its planted area has increased since 2015

    • No
      0 / 1
      Source

      42. High Conservation Value (HCV) management and monitoring plans for all estates planted since January 2015?

      No assessments could be found, however according to the company's 2016 annual report their planted area has increased since 2015

    • No
      0 / 1
      No source

      43. Satisfactory review of all High Conservation Value (HCV) assessments undertaken since January 2015 by the HCV ALS Quality Panel?

    • Yes
      1 / 1
      Source

      44. Commitment to the High Carbon Stock (HCS) approach?

    • No
      0 / 1
      Source

      45. High Carbon Stock (HCS) assessments?

      The company only states "We have completed independent HCS verifications for ten of our concessions"

    • Yes
      1 / 1
      Source

      46. Commitment to conduct social and environmental impact assessments (SEIAs)?

    • Yes
      1 / 1
      Source

      47. Social and environmental impact assessment (SEIAs) undertaken, and associated management and monitoring plans?

      There is public availability of the following SEIA assessments:
      East Kalimantan: PT Borneo Surya Mining Jaya, PT Borneo Persada Energy Jaya, PT Maha Karya Bersama, PT Citra Agro Kencana, PT Ketapang Agro Lestari
      West Kalimantan: PT Mitra Karya Sentosa, PT Swadaya Mukti Prakarsa

  • Peat, fire and GHG emissions Peat, fire and GHG emissions 10.5 / 17 61.8%
    • Companies should commit to protect peatland and undertake best management practices for soils and peat. They should also have policies on zero burning and to reduce their greenhouse gas (GHG) emissions. Companies should report their GHG emissions, as well as any fires that occurred in or around their estates, along with plans for managing and monitoring fires.

    • Yes
      1 / 1
      Source

      48. Commitment to no planting on peat of any depth?

    • Yes
      1 / 1
      Source

      49. Peat commitment applies to scheme smallholders and independent suppliers?

    • Yes
      1 / 1
      Source

      50. Commitment to best management practices for soils and peat?

    • No
      0 / 1
      No source

      51. Landbank or planted area on peat (ha)?

    • Yes
      1 / 1
      Source

      52. Evidence of best management practices for soils and peat?

    • Yes
      1 / 1
      Source

      53. Commitment to zero burning?

    • Yes
      1 / 1
      Source

      54. Zero burning commitment applies to scheme smallholders and independent suppliers?

    • Yes
      1 / 1
      Source

      55. Evidence of management and monitoring fires?

    • No
      0 / 1
      No source

      56. Details/number of hotspots/fires in company estates?

    • No
      0 / 1
      No source

      57. Details/number of hotspots/fires within surrounding landscape/smallholders?

    • Partial
      0.5 / 1
      Source

      58. Time-bound commitment to reduce greenhouse gas (GHG) emissions?

      The company is committed to reduce GHG emissions and plans to develop a plan on GHG emissions reduction by 2017, however it currently does not have a time-bound commitment

    • Partial
      0.5 / 1
      Source

      59. GHG commitment applies to scheme smallholders and independent suppliers?

    • Partial
      0.5 / 1
      Source

      60. GHG emissions?

      The company reports its GHG emissions for 2 estates and mills, and has plans to calculate emissions for the remaining 13 mills. It states in its latest ACOP submission it has calculated GHG emissions for one of its estates

    • Partial
      0.5 / 1
      Source

      61. GHG emissions from land use change?

      The company only reports GHG emissions for 2 estates and mills and states that 57% of GHG emissions are from land conversion

    • Yes
      1 / 1
      Source

      62. Methodology used to calculate GHG emissions?

      Palm GHG Calculator version 3.0.1

    • No
      0 / 1
      No source

      63. Progress towards commitment to reduce GHG emissions?

    • Partial
      0.5 / 1
      Source

      64. Percentage of mills with methane capture (is above 75%)?

      3 (20%)

  • Water, chemical and pest management Water, chemical and pest management 6.5 / 12 54.2%
    • Companies should commit to managing water use and water quality, providing evidence through time-bound reduction plans, policies on toxic chemical use and treatment of palm oil mill effluent (POME).

    • Partial
      0.5 / 1
      Source

      65. Time-bound commitment to improve water use?

      The company only states "We adopt best water management practices to ensure efficient use of water, to prevent pollution of waterways and to minimise disruption of water supply in our operations". It does not have a time-bound plan for improving water use

    • Partial
      0.5 / 1
      Source

      66. Time-bound commitment to improve water quality?

      The company only states "We adopt best water management practices to ensure efficient use of water, to prevent pollution of waterways and to minimise disruption of water supply in our operations". It does not have a time-bound plan for improving water quality

    • Partial
      0.5 / 1
      Source

      67. Progress towards commitment on water use?

      The company reports reduced water usage at mills per tonne of FFB processed from 2012-2015

    • No
      0 / 1
      No source

      68. Progress towards commitment on water quality?

    • Yes
      1 / 1
      Source

      69. Protection of natural waterways through buffer zones?

    • Yes
      1 / 1
      Source

      70. Evidence of treating palm oil mill effluent (POME)?

    • Partial
      0.5 / 1
      Source

      71. Commitment to minimise the use of chemicals, including pesticides and chemical fertilisers?

      The company states it uses biological controls to minimise the use of pesticides and only uses synthetic pesticides as a last resort, but does not refer to minimising use of fertilisers

    • Partial
      0.5 / 1
      Source

      72. No use of paraquat?

      The company has a time bound plan to phase out paraquat by 2017

    • No
      0 / 1
      No source

      73. No use of World Health Organisation (WHO) Class 1A and 1B pesticides?

    • No
      0 / 1
      No source

      74. No use of chemicals listed under the Stockholm Convention and Rotterdam Convention?

    • Yes
      1 / 1
      Source

      75. Integrated Pest Management (IPM) approach?

    • Yes
      1 / 1
      Source

      76. Chemical usage per ha or list of chemicals used?

      Report toxicity per hectare and list of pesticides currently used

  • Community, land and labour rights Community, land and labour rights 14 / 18 77.8%
    • Companies should commit to respect human rights, including those of indigenous peoples and local communities, consulted with free, prior and informed consent (FPIC). Companies should respect the rights of workers, report relevant workforce data, and comply with health and safety legislation.

    • Partial
      0.5 / 1
      Source

      77. Commitment to human rights, referencing the UN Declaration of Human Rights or UN Guiding Principles on Business and Human Rights?

      The company refers to the UN Guiding Principles on Business and Human Rights, but only in relation to respecting workplace rights. It does not have a clear commitment to human rights

    • Yes
      1 / 1
      Source

      78. Commitment to respect legal and customary land tenure rights?

    • Partial
      0.5 / 1
      Source

      79. Commitment to respect indigenous and local communities' rights, referencing the UN Declaration on the Rights of Indigenous Peoples or ILO 169?

      The company respects the rights of indigenous and local communities to give or withhold FPIC, but does not refer to the UN Declaration on Rights of Indigenous Peoples or ILO Indigenous and Tribal Peoples Convention

    • Yes
      1 / 1
      Source

      80. Commitment to free, prior and informed consent (FPIC)?

    • Yes
      1 / 1
      Source

      81. FPIC commitment applies to independent suppliers?

    • Yes
      1 / 1
      Source

      82. Free, prior and informed consent (FPIC) process?

    • Partial
      0.5 / 1
      Source

      83. Process for addressing land conflicts?

      The company only states that land conflicts are addressed by processes agreed on by all parties and in an open, transparent and consultative manner

    • No
      0 / 1
      No source

      84. Commitment to ensure food security for local communities?

    • Yes
      1 / 1
      Source

      85. Commitment to respect all workers' rights?

    • Partial
      0.5 / 1
      Source

      86. Reference to Fundamental ILO Conventions or Free and Fair Labour Principles?

      The company states it prohibits forced labour, child labour and discrimination, does not tolerate the employment of under-age children and supports freedom of association and collective bargaining, but does not refer to equal remuneration

    • Yes
      1 / 1
      Source

      87. Total number of employees?

      17,674

    • Yes
      1 / 1
      Source

      88. Percentage or number of temporary employees?

      2,729 (15.4%)

    • Yes
      1 / 1
      Source

      89. Percentage or number of women employees?

      1,622 (9.2%)

    • Yes
      1 / 1
      Source

      90. Minimum wage that the company pays?

    • Yes
      1 / 1
      Source

      91. Commitment to address occupational health and safety?

    • Partial
      0.5 / 1
      Source

      92. Lost time accident rate?

      139.2 - The company only provides data for its Riau operations

    • Yes
      1 / 1
      Source

      93. Number of fatalities as a result of work-based accidents?

      3

    • Partial
      0.5 / 1
      Source

      94. Provision of personal protective equipment and pesticide training?

      The company refers to provisions for equipping estate workers with personal protective equipment, but does not refer to any pesticide training

  • Certification standards Certification standards 3.5 / 17 20.6%
    • Companies should become members of credible certification standards and report in accordance with all appropriate categories of membership. The Roundtable on Sustainable Palm Oil (RSPO) requires members registered as growers to submit data relating to certification targets for their estates, scheme smallholders and independent fresh fruit bunch (FFB) suppliers, via an annual communications of progress (ACOP) report.

    • Yes
      1 / 1
      Source

      95. Member of the Roundtable on Sustainable Palm Oil (RSPO)?

      2008

    • Yes
      0.5 / 0.5
      Source

      96. Submitted most recent RSPO Annual Communication of Progress (ACOP)?

    • Yes
      0.5 / 0.5
      Source

      97. Listed all countries and regions in which operates in most recent RSPO Annual Communication of Progress (ACOP)?

      The company states all the countries and regions in which it operates: Indonesia (West Kalimantan, East Kalimantan, Riau)

    • No
      0 / 0.5
      Source

      98. Time-bound plan for achieving 100% RSPO certification of estates within 5 years or achieved 100% RSPO-certification of estates?

      2024 - Time-bound plan more than 5 years away

    • No
      0 / 0.5
      Source

      99. Time-bound plan for achieving 100% RSPO certification of scheme/associated smallholders within 5 years or achieved 100% RSPO-certification of scheme/associated smallholders?

      2027 - Time-bound plan more than 5 years away

    • No
      0 / 0.5
      No source

      100. Time-bound plan for achieving 100% RSPO certification of all supply chains?

    • No
      0 / 0.5
      Source

      101. RSPO-certified within three years of joining the RSPO or by November 2010, for companies joining prior to finalisation of the RSPO certification systems in November 2007?

      The company states "Certification audits for 2 management units have been successfully completed in 2015. Awaiting RSPO to release certificates." Expects certification in 2017

    • No
      0 / 2
      Source

      102. Percentage of mills RSPO-certified (is above 75%)?

      0 (0%)

    • No
      0 / 2
      Source

      103. Percentage of area (ha) RSPO-certified (is above 75%)?

      0 (0%)

    • No
      0 / 2
      Source

      104. Percentage of scheme/associated smallholders (ha) RSPO-certified (is above 75%)?

      0 (0%)

    • No
      0 / 2
      Source

      105. Percentage of FFB supply (tonnes) from independent FFB suppliers that is RSPO-certified (is above 75%)?

      0 (0%)

    • No
      0 / 2
      No source

      106. Percentage of all palm oil and oil palm products handled/traded/processed (tonnes) that are RSPO-certified (is above 75%)?

    • No
      0 / 1
      Source

      107. Sells or processes/trades RSPO-certified palm oil through Segregated or Identity Preserved supply chains?

      Book & Claim; Mass Balance

    • Partial
      0.5 / 1
      Source

      108. Indonesia Sustainable Palm Oil (ISPO) certified (100%)?

      The company had certified 76,690 ha and six mills as of Dec 2016. Two more estates have undergone the ISPO certification audit

    • n/a
      -
      No source

      109. Malaysia Sustainable Palm Oil (MSPO) certified (100%)?

      This indicator is disabled as it is not applicable to this company.

    • Yes
      1 / 1
      Source

      110. Certified under voluntary sustainability certification scheme (e.g. ISCC, SAN, RSB, etc.)?

      As at 31 December 2016, 48,344 hectares of nucleus plantations were certified under the ISCC scheme. In addition, six palm oil mills and the company's processing and bulking facilities are ISCC certified

  • Smallholders and suppliers Smallholders and suppliers 5 / 9 55.6%
    • Companies should report details of any programmes or schemes to support both schemed and independent smallholders, as well as criteria to assess suppliers on compliance with company policies, and in what cases suppliers should be suspended or excluded due to non-compliance.

    • Yes
      1 / 1
      Source

      111. Programme to support scheme smallholders?

    • Yes
      1 / 1
      Source

      112. Details of support programme for scheme smallholders?

      Provision of practical training, quality seed stock, advice on fertiliser and pesticide procurement and usage, exposure to new farming technologies, assistance with land titling, and transportation of FFB to palm oil mills

    • Yes
      1 / 1
      Source

      113. Number or percentage of scheme smallholders involved in programme?

      14,000

    • No
      0 / 1
      Source

      114. Programme to support independent smallholders?

      The company only states in 2015 "In the next six months, we will continue to socialise our policy to our existing suppliers, including schemed smallholders as well as independent smallholders."

    • No
      0 / 1
      No source

      115. Details of support programme for independent smallholders?

    • No
      0 / 1
      No source

      116. Number or percentage of independent smallholders involved in programme?

    • Yes
      1 / 1
      Source

      117. Process used to prioritise, assess and/or engage suppliers on compliance with company's policy and/or legal requirements?

      Distributed copy of company's policy, conducted on-to-one and group meetings with external suppliers to ensure understand company's policies, and planning a supplier workshop

    • Yes
      1 / 1
      Source

      118. Suspension or exclusion criteria for suppliers?

      Suspension if found to be engaged in the development of HCV, HCS or peat areas, in the use of fire in land preparation, or in the exploitation of local communities, and who do not take immediate remedial action. Business will be ceased with serious repeat violators

    • No
      0 / 1
      No source

      119. Number or percentage of suppliers assessed and/or engaged?

  • Governance and grievances Governance and grievances 6 / 7 85.7%
    • Companies should operate in an ethical manner at all levels, providing accessible channels and clear procedures for both employees and external stakeholders to raise any grievance or complaint with the company, as well as allowing for whistleblowing.

    • Yes
      1 / 1
      Source

      120. Commitment to ethical conduct and prohibition of corruption?

    • Yes
      1 / 1
      Source

      121. Whistleblowing procedure?

    • Yes
      1 / 1
      Source

      122. Own grievance or complaints system?

    • No
      0 / 1
      No source

      123. Grievance system accessible to internal stakeholders (i.e. employees)?

    • Yes
      1 / 1
      Source

      124. Grievance system accessible to external stakeholders?

    • Yes
      2 / 2
      Source

      125. Details of grievances disclosed?

Media monitor: First Resources Ltd

SPOTT gathers reports and stories from global media sources, covering specific company activities related to the assessment indicator categories. ZSL does not assess the validity of these reports.

Category filter:
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Research protocols:

Research protocols guide how ZSL conducts SPOTT assessments and allocates scores to ensure a fair and consistent approach, setting the expectations for companies on how they should publish ESG data. The full palm oil indicator framework contains 125 indicators across 10 categories, aligned with corporate reporting initiatives.

Map of concessions: First Resources Ltd

Explore our interactive mapping tool for a satellite view of deforestation and fires in and around concession sites of companies featured on the SPOTT scorecard. These data can support SPOTT users in conducting further research to verify whether or not company commitments are being implemented on the ground.

Use the map search bar to find specific company concessions or locations. Click the concession sites marked by pins to zoom in for more information, then go to the company pages of featured concessions to view their assessments.

First Resources does not disclose the locations of its mills.The company is not on a list of non-submitters of maps to the RSPO. However, ZSL is currently unable to ascertain if the maps disclosed constitute 100% of the company's palm oil estates. Maps will become available on GeoRSPO. The concessions are not yet available on the SPOTT map.

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