Itochu Corporation
Palm oil assessment- Latest update: November 2024
- Next scheduled: November 2025
ESG scores:
The following scores are based on the totals of all environmental, social and governance (ESG) indicators. Some indicators apply to more than one E, S or G issue.
Supply chain scores:
The following scores are based on ESG indicators relevant to specific segments of the palm oil supply chain.
Some indicators apply to multiple segments. Please refer to the scoring criteria for further details.
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Market cap:80,160,800,000 USD
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Thomson Reuters ticker:8001.T
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Bloomberg ticker:8001 JP Equity
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Sedol:6467803
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LEI:
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RSPO member?Yes
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Activities:Trading and distribution
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Locations:Indonesia (Sumatra, Kalimantan), Malaysia (Sabah, Peninsular Malaysia)
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Headquarters:Japan
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Related companies:The company is also assessed on SPOTT Natural Rubber ITOCHU Corporation (Aneka Bumi Pratama PT). ITOCHU Corporation is also invested in Brazilian pulp company Oji Holdings Corp which is assessed on SPOTT Timber and Pulp
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Website:
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Media Monitor
- ZSL's SPOTT team monitors international media for news on assessed companies, collecting articles about pertinent activities. They don't confirm the accuracy of the media coverage, but it can be leveraged by SPOTT users to gain insights into a company's operations and possible risks. To access this company's media reports, scroll down or click here.
Company assessment: Itochu Corporation – November 2024
Assessment date:
- Organisation: 12 / 16 75%
- Policy: 31 / 44 70.5%
- Practice: 9.3 / 24 38.7%
- Self-reported: 4.5 / 24 18.9%
- External: 4.8 / 24 19.8%
- Certified: 0 / 24 0%
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Sustainability policy and leadership9.5 / 10 95%
- Organisation: 6 / 6 100%
- Policy: 1 / 1 100%
- Practice: 2.5 / 3 83.3%
- Self-reported: 1.8 / 3 58.3%
- External: 0.8 / 3 25%
- Certified: 0 / 3 0%
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1. Sustainable palm oil policy or commitment for all its operations?
This indicator is disabled as the company is only a processor or trader.
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2. Sustainable palm oil policy or commitment applies to all suppliers?
The company has published a sustainable palm oil policy which applies to all suppliers.
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3. High-level position of responsibility for sustainability?
The company's Sustainability Management Department is led by the Sustainability Manager.
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4. One or more members within the board of the company have responsibility for sustainability?
The company reports that its sustainability committee is led by the Chief Administrative Officer.
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5. Reports gender balance of senior management team?
4 (9.8%) - The company reports that it has four (9.8%) women in the senior management team as of 31 March 2023.
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6. Reports gender balance of board members?
2 (20%) - The company reports two (20%) female directors in a team of 10 board members. Data as of 2023.
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7. Member of multiple industry schemes or other external initiatives to reduce negative environmental or social outcomes associated with palm oil production?
[Externally verified] The company is a member of UNGC.
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8. Collaboration with stakeholders to reduce negative environmental or social outcomes associated with palm oil production?
The company reports collaborating with the certified NPO Everlasting Nature (ELNA) to protect green turtles and endangered species. It also collaborates with WWF and the local Sabah State Forest Department to regenerate a forest of approximately 2,400 ha, with the company directly supporting the regeneration of 967 ha.
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9. Sustainability report published within last two years?
The company has published its latest ESG Report for 2023.
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10. Reports through standardised reporting systems?
The company's ESG Report 2023 has been prepared in accordance with GRI Standards. It has also submitted its CDP (climate change and water security) questionnaires for 2023.
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11. Verification report on compliance with POIG Charter, if a POIG member?
This indicator is disabled as the company is not a POIG member.
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12. Climate risks assessment available?
The company reports conducting a climate risk assessment, which includes potential risks, metrics and targets, and processes used to assess or manage climate risks.
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Landbank, maps and traceability1 / 3 33.3%
- Organisation: 1 / 2 50%
- Policy: 0 / 1 0%
- Practice: 0 / 0 0%
- Self-reported: 0 / 0 0%
- External: 0 / 0 0%
- Certified: 0 / 0 0%
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13. Lists countries and operations?
This indicator is disabled as the company is only a trader.
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14. Lists countries sourcing from?
Indonesia and Malaysia.
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15. Total land area managed/controlled for oil palm (ha)?
This indicator is disabled as the company is only a processor or trader.
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16. Total oil palm planted area (ha)?
This indicator is disabled as the company is only a processor or trader.
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17. Scheme smallholders planted area (ha)?
This indicator is disabled as the company is only a processor or trader.
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18. Unplanted (areas designated for future planting) (ha)?
This indicator is disabled as the company is only a processor or trader.
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19. Conservation set-aside area, including HCV area (ha)?
This indicator is disabled as the company is only a processor or trader.
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20. Maps of estates/management units?
This indicator is disabled as the company is only a processor or trader.
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21. Maps of all scheme smallholders?
This indicator is disabled as the company is only a processor or trader.
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0 / 1
22. Maps of all third-party supplying plantations?
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23. Number of company-owned mills?
This indicator is disabled as the company does not own mills.
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24. Names and locations of company-owned mills?
This indicator is disabled as the company does not own mills.
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25. Number (or percentage) of company-owned mills that source from company-owned operations and third parties?
This indicator is disabled as the company does not own mills.
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26. Reports total volumes (or percentages) sourced by company-owned mills that come from company-owned operations and third-parties?
This indicator is disabled as the company does not own mills.
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27. Number of third party supplying mills?
This indicator is disabled as the company does not source from third-party supplying mills.
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28. Names and locations of all third-party supplying mills?
This indicator is disabled as the company does not source from third-party supplying mills.
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29. Number (or percentage) of third party supplying mills that source from their own plantations and third party plantations?
This indicator is disabled as the company does not source from third-party supplying mills.
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30. Reports total volume (or percentages) sourced from third-party supplying mills that come from the supplying mills' own operations and third parties?
This indicator is disabled as the company does not source from third-party supplying mills.
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31. Total volume (or percentage) sourced for refineries that comes from intermediary traders and/or refiners rather than directly from mills?
This indicator is disabled as the company is only a trader.
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32. Time-bound commitment to achieve 100% traceability to mill level?
This indicator is disabled as the company does not source from third-party supplying mills.
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33. Percentage of supply traceable to mill level?
This indicator is disabled as the company does not source from third-party supplying mills.
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0 / 1
34. Time-bound commitment to achieve 100% traceability to plantation level?
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35. Percentage of fresh fruit bunches (FFB) supply to own mills traceable to plantation level?
This indicator is disabled as the company is only a trader and does not own mills.
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36. Percentage of supply from third-party mills traceable to plantation level?
This indicator is disabled as the company does not source from third-party supplying mills.
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37. Publishes traceability data at refinery level?
This indicator is disabled as the company does not own refineries.
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38. Publishes traceability data at crusher level?
This indicator is disabled as the company does not own palm kernel crushing facilities.
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Certification standards/Sustainability initiatives3.29 / 6 54.8%
- Organisation: 1 / 1 100%
- Policy: 0 / 0 0%
- Practice: 2.3 / 5 45.8%
- Self-reported: 0.3 / 5 5.8%
- External: 2 / 5 40%
- Certified: 0 / 5 0%
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39. Member of the Roundtable on Sustainable Palm Oil (RSPO)?
[Externally verified] 2006 - The company has been a member of RSPO since June 2006.
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40. 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?
2013 - The company became an RSPO member in 2006 and reports that it achieved its first supply chain certification in 2013, after three years of joining RSPO.
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41. Submitted most recent RSPO Annual Communication of Progress (ACOP)?
The company has submitted its latest RSPO ACOP 2023.
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42. Percentage of area (ha) RSPO-certified?
This indicator is disabled as the company is only a processor or trader.
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43. Percentage of mills RSPO-certified?
This indicator is disabled as the company does not own mills.
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44. Time-bound plan for achieving 100% RSPO certification of estates and mills within 5 years?
This indicator is disabled as the company is only a processor or trader.
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45. Time-bound plan for achieving 100% RSPO certification of all palm product processing facilities within 5 years?
This indicator is disabled as the company is only a trader.
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46. Percentage of scheme smallholders (ha) RSPO-certified?
This indicator is disabled as the company is only a trader.
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47. Time-bound plan for achieving 100% RSPO certification of scheme/associated smallholders and outgrowers within 5 years or target already achieved?
This indicator is disabled as the company is only a trader.
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48. Percentage of FFB supply (tonnes) from independent smallholders/outgrowers/third-party FFB suppliers that is RSPO-certified?
This indicator is disabled as the company is only a processor or trader.
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49. Percentage of all palm oil and oil palm products handled/traded/processed (tonnes) that is RSPO-certified?
28.6% - The company reports that 28.60% of all palm oil and oil palm products that are handled/traded/processed are RSPO-certified.
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50. Sells RSPO-certified palm oil through Segregated or Identity Preserved supply chains?
This indicator is disabled as the company is only a processor or trader.
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51. Processes/trades RSPO-certified palm oil through Segregated or Identity Preserved supply chains?
The company reports that 0.52% of RSPO-certified palm oil was sourced through segregated or identity preserved supply chains.
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52. Indonesia Sustainable Palm Oil (ISPO) certified (100%)?
This indicator is disabled as the company is only a processor or trader.
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53. Malaysia Sustainable Palm Oil (MSPO) certified?
This indicator is disabled as the company is only a trader.
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54. Certified under voluntary sustainability certification scheme (e.g. ISCC, SAS, RSB)?
[Externally verified] The company has a valid ISCC certificate.
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Deforestation and biodiversity2 / 9 22.2%
- Organisation: 0 / 1 0%
- Policy: 2 / 6 33.3%
- Practice: 0 / 2 0%
- Self-reported: 0 / 2 0%
- External: 0 / 2 0%
- Certified: 0 / 2 0%
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55. Commitment to zero conversion of natural ecosystems?
This indicator is disabled as the company is only a processor or trader.
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56. Commitment to zero conversion of natural ecosystems applies to all suppliers?
The company only states that it recognises the value of the benefits received from the natural ecosystem, minimises its impact on biodiversity, and contributes to its conservation. However, no commitment was found to zero conversion of natural ecosystems.
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57. Commitment to zero deforestation?
This indicator is disabled as the company is only a processor or trader.
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58. Commitment to zero deforestation applies to all suppliers?
The company commits all suppliers to zero deforestation. The commitment has been in place since 2019.
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59. Criteria and cut-off date for defining deforestation and/or ecosystem conversion?
This indicator is disabled as the company is only a processor or trader.
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60. Criteria and cut-off date for defining deforestation and/or ecosystem conversion in supplier operations?
The company states the criteria which include HCV and HCS areas are not to be deforested and specifies a cut-off date as 2019 beyond which deforestation would not be accepted in supplier operations.
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61. Evidence of monitoring deforestation and/or ecosystem conversion?
This indicator is disabled as the company is only a processor or trader.
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0 / 1
62. Evidence of monitoring deforestation and/or ecosystem conversion in supplier operations?
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63. Amount of deforestation and/or ecosystem conversion recorded in own operations since cut-off date?
This indicator is disabled as the company is only a processor or trader.
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0 / 1
64. Amount of deforestation and/or ecosystem conversion recorded in supplier operations since cut-off date?
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65. Commitment to restoration of deforestation/conversion in own operations since cut-off date?
This indicator is disabled as the company is only a processor or trader.
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0 / 1
66. Commitment to restoration of deforestation/conversion in supplier operations since cut-off date?
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0 / 1
67. Implementing a landscape or jurisdictional level approach?
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68. Biodiversity policy?
This indicator is disabled as the company is only a processor or trader.
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69. Biodiversity policy applies to all suppliers?
The company only mentions biodiversity with no details on target and scope. However, it does not apply to suppliers.
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70. Identified species of conservation concern, referencing international or national system of species classification?
This indicator is disabled as the company is only a processor or trader.
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71. Examples of species and/or habitat conservation management?
This indicator is disabled as the company is only a processor or trader.
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72. Commitment to no hunting or only sustainable hunting of species?
This indicator is disabled as the company is only a processor or trader.
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0 / 1
73. Commitment to no hunting or only sustainable hunting of species applies to all suppliers?
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HCV, HCS and impact assessments3 / 4 75%
- Organisation: 0 / 0 0%
- Policy: 3 / 4 75%
- Practice: 0 / 0 0%
- Self-reported: 0 / 0 0%
- External: 0 / 0 0%
- Certified: 0 / 0 0%
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74. Commitment to conduct High Conservation Value (HCV) assessments?
This indicator is disabled as the company is only a processor or trader.
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75. Commitment to conduct High Conservation Value (HCV) assessments applies to all suppliers?
The company commits all suppliers to conduct HCV assessments.
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76. High Conservation Value (HCV) assessments for planting undertaken prior to January 2015, and associated management and monitoring plans?
This indicator is disabled as the company is only a processor or trader.
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77. High Conservation Value (HCV) assessments for all estates planted/planned planting since January 2015?
This indicator is disabled as the company is only a processor or trader.
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78. High Conservation Value (HCV) or combined HCV/HCS management and monitoring plans for all estates planted/planned planting since January 2015?
This indicator is disabled as the company is only a processor or trader.
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79. Commitment to only use licensed High Conservation Value (HCV) assessors accredited by the HCV Resource Network's Assessor Licensing Scheme (ALS)?
This indicator is disabled as the company is only a processor or trader.
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0 / 1
80. Commitment to only use licensed High Conservation Value (HCV) assessors accredited by the HCV Resource Network's Assessor Licensing Scheme (ALS) applies to all suppliers?
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81. Satisfactory review of all High Conservation Value (HCV) assessments undertaken since January 2015 by the HCV ALS Quality Panel?
This indicator is disabled as the company is only a processor or trader.
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82. Commitment to the High Carbon Stock (HCS) Approach?
This indicator is disabled as the company is only a processor or trader.
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83. Commitment to the High Carbon Stock (HCS) Approach applies to all suppliers?
The company commits all suppliers to apply the HCS Approach, as defined by the HCS Approach Toolkit.
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84. High Carbon Stock (HCS) assessments available?
This indicator is disabled as the company is only a processor or trader.
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85. Peer review of all High Carbon Stock (HCS) assessments undertaken since April 2015 by the HCSA Quality Assurance Process?
This indicator is disabled as the company is only a processor or trader.
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86. Commitment to conduct social and environmental impact assessments (SEIAs)?
This indicator is disabled as the company is only a trader.
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87. Commitment to conduct social and environmental impact assessments (SEIAs) applies to all suppliers?
The company commits all suppliers to conduct social and environmental impact assessments.
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88. Social and environmental impact assessments (SEIAs) available, and associated management and monitoring plans?
This indicator is disabled as the company is only a trader.
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Soils, fire and GHG emissions5.5 / 8 68.8%
- Organisation: 0.5 / 2 25%
- Policy: 4.5 / 5 90%
- Practice: 0.5 / 1 50%
- Self-reported: 0.5 / 1 50%
- External: 0 / 1 0%
- Certified: 0 / 1 0%
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89. Commitment to no planting on peat of any depth?
This indicator is disabled as the company is only a processor or trader.
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90. Commitment to no planting on peat of any depth applies to all suppliers?
The company commits all suppliers to no planting on peat of any depth.
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91. Landbank or planted area on peat (ha)?
This indicator is disabled as the company is only a processor or trader.
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92. Implementation of commitment to no planting on peat of any depth?
This indicator is disabled as the company is only a processor or trader.
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93. Commitment to best management practices for soils and peat?
This indicator is disabled as the company is only a processor or trader.
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94. Commitment to best management practices for soils and peat applies to all suppliers?
The company commits all suppliers to best management practices for soils and peat.
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95. Evidence of best management practices for soils and peat?
This indicator is disabled as the company is only a processor or trader.
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96. Commitment to zero burning?
This indicator is disabled as the company is only a processor or trader.
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97. Commitment to zero burning applies to all suppliers?
The company commits all suppliers to no burning.
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98. Evidence of fire monitoring and management?
This indicator is disabled as the company is only a processor or trader.
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99. Details/number of hotspots/fires in company estates?
This indicator is disabled as the company is only a processor or trader.
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100. Details/number of hotspots/fires within surrounding landscape/smallholders?
This indicator is disabled as the company is only a processor or trader.
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101. Time-bound commitment to reduce greenhouse gas (GHG) emissions intensity?
The company has a target to reduce GHG emissions by 40% by 2030 from a 2018 baseline. The target includes scope 1,2, and 3 emissions but is not intensity based.
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102. GHG emissions intensity?
The company reports its GHG scope 1 and 2 emissions intensity as 1.439 t-CO2e t-CO2e/employee, 0.054 t-CO2e/m2, and 0.393 t-CO2e/MWh in 2023. However, it is unclear if it is specific to palm oil operations.
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103. GHG emissions from land use change in company's own operations (scope 1)?
This indicator is disabled as the company is only a processor or trader.
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104. GHG emissions from land use change in supplier operations (scope 3)?
The company reports its scope 3 emissions but not as land use change.
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105. Progress towards commitment to reduce GHG emissions intensity?
The company reports a decrease in GHG scope 1 and 2 emissions intensity from 2022 to 2023. However, it is unclear if it is specific to palm oil operations.
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106. Methodology used to calculate GHG emissions?
The company uses the GHG Protocol methodology to calculate GHG emissions.
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107. Percentage of mills with methane capture (100%)?
This indicator is disabled as the company is only a processor or trader.
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Water, chemical and pest management3.5 / 4 87.5%
- Organisation: 0 / 0 0%
- Policy: 3.5 / 4 87.5%
- Practice: 0 / 0 0%
- Self-reported: 0 / 0 0%
- External: 0 / 0 0%
- Certified: 0 / 0 0%
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108. Time-bound commitment to improve water use intensity?
This indicator is disabled as the company is only a trader.
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109. Water use intensity?
This indicator is disabled as the company is only a trader.
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110. Progress towards commitment on water use intensity?
This indicator is disabled as the company is only a trader.
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111. Time-bound commitment to improve water quality (BOD and COD)?
This indicator is disabled as the company is only a trader.
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112. Progress towards commitment on water quality (BOD and COD)?
This indicator is disabled as the company is only a trader.
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113. Treatment of palm oil mill effluent (POME)?
This indicator is disabled as the company does not own mills.
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114. Treatment of palm oil refinery effluent (PORE)?
This indicator is disabled as the company does not own refineries.
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115. Commitment to protect natural waterways through buffer zones?
This indicator is disabled as the company is only a processor or trader.
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116. Implementation of commitment to protect natural waterways through buffer zones?
This indicator is disabled as the company is only a processor or trader.
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117. Commitment to minimise the use of chemicals, including pesticides and chemical fertilisers?
This indicator is disabled as the company is only a processor or trader.
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118. Commitment to minimise the use of chemicals, including pesticides and chemical fertilisers, applies to all suppliers?
The company commits all suppliers to minimise the use of chemicals. However, the commitment does not specify pesticides or fertilisers.
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119. Commitment to no use of paraquat?
This indicator is disabled as the company is only a processor or trader.
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120. Commitment to no use of paraquat applies to all suppliers?
The company commits all suppliers to not use paraquat.
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121. Commitment to no use of World Health Organisation (WHO) Class 1A and 1B pesticides?
This indicator is disabled as the company is only a processor or trader.
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122. Commitment to no use of World Health Organisation (WHO) Class 1A and 1B pesticides applies to all suppliers?
The company commits all suppliers to not use World Health Organisation (WHO) Class 1A and 1B pesticides.
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123. Commitment to no use of chemicals listed under the Stockholm Convention and Rotterdam Convention?
This indicator is disabled as the company is only a processor or trader.
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124. Commitment to no use of chemicals listed under the Stockholm Convention and Rotterdam Convention applies to all suppliers?
The company commits suppliers to not use Stockholm and Rotterdam Convention chemicals.
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125. Chemical usage per ha or list of chemicals used?
This indicator is disabled as the company is only a processor or trader.
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126. Implementation of commitment to minimise inorganic fertiliser use?
This indicator is disabled as the company is only a processor or trader.
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127. Integrated Pest Management (IPM) approach?
This indicator is disabled as the company is only a processor or trader.
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128. Waste management system in place to avoid negative impacts?
This indicator is disabled as the company is only a trader.
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Community, land and labour rights16.75 / 22 76.1%
- Organisation: 3.5 / 4 87.5%
- Policy: 10.5 / 13 80.8%
- Practice: 2.8 / 5 55%
- Self-reported: 0.8 / 5 15%
- External: 2 / 5 40%
- Certified: 0 / 5 0%
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129. Commitment to human rights?
The company commits to the Universal Declaration of Human Rights.
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130. Commitment to human rights applies to all suppliers?
The company commits suppliers to the Universal Declaration of Human Rights.
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131. Progress on human rights commitment?
[Externally verified] The company conducts human rights due diligence, offers training programs and sustainability seminars, and distributes publications to raise awareness of human rights risks. The human rights training participant's data is externally verified by KPMG AZSA Sustainability Co Ltd.
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132. Commitment to respect Indigenous Peoples' and local communities' rights?
This indicator is disabled as the company is only a processor or trader.
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133. Commitment to respect Indigenous Peoples' and local communities' rights applies to all suppliers?
The company commits suppliers to the ILO Indigenous and Tribal Peoples Convention (no. 169).
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134. Commitment to respect legal and customary land tenure rights?
This indicator is disabled as the company is only a processor or trader.
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0 / 1
135. Commitment to respect legal and customary land rights applies to all suppliers?
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136. Commitment to free, prior and informed consent (FPIC)?
This indicator is disabled as the company is only a processor or trader.
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137. Commitment to free, prior and informed consent (FPIC) applies to all suppliers?
The company commits all suppliers to respect FPIC.
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138. Details of free, prior and informed consent (FPIC) process available?
This indicator is disabled as the company is only a processor or trader.
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139. Examples of local stakeholder engagement to prevent conflicts?
This indicator is disabled as the company is only a processor or trader.
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140. Details of process for addressing land conflicts available?
This indicator is disabled as the company is only a processor or trader.
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141. Supports the inclusion of women across palm oil operations, including addressing barriers faced?
This indicator is disabled as the company is only a processor or trader.
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142. Commitment to mitigate impacts on food security?
This indicator is disabled as the company is only a processor or trader.
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143. Progress on commitment to mitigate impacts on food security?
This indicator is disabled as the company is only a processor or trader.
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144. Commitment to provide essential community services and facilities?
This indicator is disabled as the company is only a processor or trader.
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145. Progress on commitment to provide essential community services and facilities?
This indicator is disabled as the company is only a processor or trader.
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146. Commitment to provide business/work opportunities for local communities?
This indicator is disabled as the company is only a processor or trader.
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147. Commitment to Fundamental ILO Conventions or Free and Fair Labour Principles?
The company commits to the ILO's Declaration on Fundamental Principles and Rights at Work.
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148. Commitment to Fundamental ILO Conventions or Free and Fair Labour Principles applies to all suppliers?
The company commits to five fundamental ILO conventions. However, the commitment does not cover all fundamental ILO Conventions.
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149. Progress on commitment to respect all workers' rights?
The company reports progress on its commitment to respecting all workers' rights by providing new recruits with training on working conditions, salary issues, working hours, occupational safety and health, benefits, and service regulations.
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150. Commitment to eliminate gender related discrimination with regards to employment?
The company commits to prevent employment-related discrimination based on gender.
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151. Commitment to eliminate gender related discrimination with regards to employment applies to all suppliers?
The company commits all suppliers to prevent employment-related discrimination based on gender.
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152. Progress on commitment to eliminate gender related discrimination with regards to employment?
[Externally verified] The company provides training to employees to prevent discrimination and harassment. It also supports female employees through work-life balance programs and specific initiatives to advance their careers. The information is verified externally by KPMG AZSA Sustainability Co Ltd.
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153. Percentage or number of temporary employees?
This indicator is disabled as the company is only a trader.
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154. Reports gender balance of employees?
1001 (24.34%) - The company reports 1001 (24.34%) as women employees. Data as of 2023.
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155. Commitment to pay a living wage?
The company only commits to paying minimum wage.
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156. Commitment to pay a living wage applies to all suppliers?
The company only commits to paying minimum wage applies to all suppliers.
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0 / 1
157. Progress on commitment to pay a living wage?
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158. Reporting of salary by gender?
The company reports salary by gender but does not break down this information by category.
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159. Commitment to address occupational health and safety?
The company commits to address health and safety at work for all workers.
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160. Commitment to address occupational health and safety applies to all suppliers?
The company commits all suppliers to address health and safety at work for all workers.
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0 / 1
161. Provision of personal protective equipment and related training?
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162. Time lost due to work-based injuries?
0 - The company reports its lost time injury frequency rate as 0.0 for 2023. Calculated as the number of employees with LTI x 1,000,000/total working hours.
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163. Number of fatalities as a result of work-based accidents?
0 - The company reports zero cases of fatalities in 2023.
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Smallholders and suppliers2 / 11 18.2%
- Organisation: 0 / 0 0%
- Policy: 1.5 / 5 30%
- Practice: 0.5 / 6 8.3%
- Self-reported: 0.5 / 6 8.3%
- External: 0 / 6 0%
- Certified: 0 / 6 0%
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164. Commitment to support smallholders?
This indicator is disabled as the company is only a trader.
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165. Programme to support scheme smallholders?
This indicator is disabled as the company is only a trader.
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166. Percentage of scheme smallholders involved in programme?
This indicator is disabled as the company is only a trader.
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167. Programme to support independent smallholders?
This indicator is disabled as the company is only a trader.
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168. Percentage of independent smallholders/outgrowers involved in programme?
This indicator is disabled as the company is only a trader.
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169. Process used to prioritise, assess and/or engage suppliers on compliance with company's policy and/or legal requirements?
The company states a process to prioritise, assess and engage suppliers in compliance with the company's policy and legal requirements.
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170. Number or percentage of suppliers assessed and/or engaged on compliance with company's policy and/or legal requirements?
The company reports that it has conducted a survey of 320 companies in 2023. However, the information is unclear if it covers the suppliers related to the company's palm oil business.
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171. Suspension or exclusion criteria for suppliers?
The company states that when it confirms a policy violation, it requests corrective action from the applicable supplier. It also conducts an on-site investigation to provide guidance and support for necessary improvements. However, the time frame for actions and steps taken are not reported.
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0 / 1
172. Time-bound action plans (including Key Performance Indicators) for suppliers to be in compliance with palm oil sourcing commitments?
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0 / 1
173. Proportion of supply from suppliers that is verified as deforestation- and/or conversion-free (DCF)?
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0 / 1
174. Time-bound plan to engage with all high risk mills within 3 years?
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0 / 1
175. Programme to support high risk mills to become compliant with sourcing policies?
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0 / 1
176. Regularly engages with a subset of high risk mills?
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0 / 1
177. Procedures in place to assess all own and third party supplying palm oil mills for risk level?
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0 / 1
178. Regularly assesses and categorises the risk level of all their own and third party supplying mills?
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0 / 1
179. Regularly reports the risk level of all own and third party supplying mills identified in its supply chain?
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Governance and grievances5.75 / 7 82.1%
- Organisation: 0 / 0 0%
- Policy: 5 / 5 100%
- Practice: 0.8 / 2 37.5%
- Self-reported: 0.8 / 2 37.5%
- External: 0 / 2 0%
- Certified: 0 / 2 0%
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180. Commitment to ethical conduct and prohibition of corruption?
The company commits to ethical conduct and the prohibition of corruption.
-
181. Commitment to ethical conduct and prohibition of corruption applies to all suppliers?
The company commits all suppliers to ethical conduct and the prohibition of corruption.
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182. Progress on commitment to ethical conduct and prohibition of corruption?
The company has an internal reporting system (Hotlines) for reporting unethical conduct. It also offers compliance training to raise awareness about anti-corruption and anti-bribery measures.
-
183. Disclosure of the company's management approach to tax and payments to governments?
The company discloses its tax policy.
-
184. Whistleblowing procedure?
The company has a whistleblowing procedure including how whistleblowers can report unethical conduct and how they are protected.
-
185. Own grievance or complaints system open to all stakeholders?
The company reports that it has a JaCER complaint platform through which all stakeholders can report grievances.
-
0 / 1
186. Details of complaints and grievances disclosed?
SPOTT scores are based on the presence of external evidence made available by the company or third-parties.
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2024
Sustainable Palm Oil Procurement Policy
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2023
ESG Report 2023
-
No date
Our Participants - UNGC - WEBPAGE
-
No date
Response - CDP - WEBPAGE
-
No date
Itochu Corporation 2023 RSPO ACOP
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July 2023
ISCC Certificate - Itochu Corporation
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July 2023
ISCC Certificate - Itochu Corporation
-
2022
Conservation of Biodiversity - Itochu Corporation - WEBPAGE
-
No date
Climate Change - Itochu Corp - WEBPAGE
-
No date
Respect and Consideration for Human Rights - Itochu Corporation - WEBPAGE
-
No date
Employment and Benefits - Itochu Corporation - WEBPAGE
-
May 2024
Policy and Basic Concept - Itochu Corporation - WEBPAGE
-
No date
ESG Data - Itochu Corporation - WEBPAGE
-
No date
Occupational Safety and Health Management - Itochu Corporation - WEBPAGE
-
No date
Code of Ethical Conduct - Itochu Corporation - WEBPAGE
-
April 2020
Compliance - Itochu Corporation - WEBPAGE
-
No date
Report a Grievance - JaCER - WEBPAGE
Media monitor: Itochu Corporation
SPOTT monitors global media sources for coverage of assessed companies. The media monitor gathers reports about specific activities related to the assessment indicator categories. ZSL does not assess or score the validity of media coverage, but users can explore the media monitor to provide context on implementation, and infer risks associated with reported operations on the ground. The media monitor undergoes a full update at the time of publishing an assessment round, with ad-hoc updates throughout the year. This is not an exhaustive list of all media reports relevant to the company.
September 2022
Tien palmolie-concessies in Indonesië hebben in 2022 al 8.100 hectare bos en veen gekapt (Ten palm oil concessions in Indonesia have already cut down 8,100 hectares of forest and peat by 2022)
September 2020
Update: United Malacca's 60,000-Hectare Industrial Tree Plantation Development Risks Market Access, Raises Questions About Scope of NDPE Policy Implementation
September 2020
The Chain: Sarawak State Government to Purchase TH Plantations' Sarawak Concessions, but NDPE Supply Chain Not Guaranteed
2
1
0
5
0
0
1
1
3
0
Media monitor: Itochu Corporation
SPOTT monitors global media sources for coverage of assessed companies. The media monitor gathers reports about specific activities related to the assessment indicator categories. ZSL does not assess or score the validity of media coverage, but users can explore the media monitor to provide context on implementation, and infer risks associated with reported operations on the ground.
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