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Palm oil assessments

Established in 1909, Socfin Group S.A. is one of the core business units of the

  • Landbank (oil palm):
    407,741 hectares
  • Palm cultivation revenue:
    55.29%
  • Market cap:
    462,156,000 USD
  • Thomson Reuters ticker:
    SLXSF.PK
  • Bloomberg ticker:
    SOCFI LX
  • ISIN:
    LU0092047413
  • RSPO member?
    Yes, Socfin Group (PT Socfindo and Socfinco - two plantation subsidiaries in Indonesia) has been a member of the RSPO since 2004. However, Socfin's other plantation subsidiaries are not members of the RSPO. The company states its holding company Socfinaf,
  • Website:

Company assessment: Socfin Group SA – November 2018

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: 71.8% 79 / 110
  • 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 responsible management policy and group sustainability policy

    • Yes
      1 / 1
      Source

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

    • Partial
      0.5 / 1
      Source

      3. High-level position of responsibility for sustainability?

      The company only states that its Board takes an active role in the sustainability strategy. It is looking to hire a sustainability manager

    • Yes
      1 / 1
      Source

      4. Sustainability report published within last two years?

    • Partial
      0.5 / 1
      Source

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

      TFT

    • 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, NGOs or academic institutions to improve palm oil sustainability?

      The company works with multiple NGOs to improve palm oil sustainability, including ZSL, and national governments

  • Landbank, maps and traceability Landbank, maps and traceability 8.5 / 11 77.3%
    • 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)?

      407,741

    • Yes
      1 / 1
      Source

      9. Total oil palm planted area (ha)?

      128,189 - Figure calculated from 2017 Sustainability Report (Total Oil palm planted area) - the total column in the report shows 128,188ha, but the sum of individual hectarages in the table comes to 88,995 ha

    • n/a
      -
      No source

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

      Indicator disabled. The company does not have scheme smallholders

    • Partial
      0.5 / 1
      Source

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

      1,757.03 - Figure of 1,757.03ha in 2017 RSPO ACOP only covers operations in Indonesia

    • Yes
      1 / 1
      Source

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

      31,964 - The 2016 Sustainability Report states that there are 31,964 ha of protected forests within the concessions. The company's website states 21,000 ha but this figure is undated

    • No
      0 / 1
      No source

      13. Area for infrastructure (ha)?

    • Yes
      1 / 1
      Source

      14. Number and names of company owned mills?

      20 - 20 existing mills, and 2 mills which are expected to become operational in 2019. Only 9 mills reported in 2017 RSPO ACOP, which only covers operations in Indonesia. The names of all mills could not be found

    • Yes
      1 / 1
      Source

      15. Maps or coordinates of company owned mills?

      Available on the company's TFT dashboard

    • n/a
      -
      No source

      16. Number and names of supplier mills?

      This indicator is disabled as the company does not have supplier mills. Its one operational refinery only sources from its own mill

    • Yes
      1 / 1
      Source

      17. Maps of estates/management units?

      The company makes KML shapefiles of its concession boundaries available for all its operations. Indonesia concessions have also been submitted in previous RSPO ACOPs. Maps will become available on GeoRSPO

    • n/a
      -
      No source

      18. Maps of scheme/plasma smallholders?

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

    • n/a
      -
      Source

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

      This indicator is disabled as the company does not have supplier mills. Its one operational refinery only sources from its own mill.

    • Partial
      0.5 / 1
      Source

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

      The company commits to "Obtain traceability for 100% of its raw materials supplies" but this commitment is not time-bound. It also planned to collect and publish traceability data by September 2017

    • n/a
      -
      Source

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

      This indicator is disabled as the company does not have supplier mills. Its one operational refinery only sources from its own mill

    • Partial
      1.5 / 2
      Source

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

      The company states it has achieved "full traceability for the first level" but it is unclear what this includes

    • n/a
      -
      Source

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

      This indicator is disabled as the company does not have supplier mills. Its one operational refinery only sources from its own mill

  • Deforestation and biodiversity Deforestation and biodiversity 9 / 10 90%
    • 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
      1 / 1
      Source

      24. Commitment to zero deforestation?

    • Yes
      1 / 1
      Source

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

    • Yes
      1 / 1
      Source

      26. Criteria for defining deforestation?

      HCS, HCV, peat

    • Partial
      0.5 / 1
      Source

      27. Evidence of monitoring deforestation?

      The company only states "In terms of monitoring, we will calculate the forest area and estimate the canopy coverage every year: the total must at least remain the same, year after year (at Group level)"

    • Yes
      1 / 1
      Source

      28. Examples of habitat management and/or habitat restoration?

      The company has reforestation programs and is restoring riparian zones

    • Yes
      1 / 1
      Source

      29. Implementing a landscape-level approach to biodiversity conservation?

    • Yes
      1 / 1
      Source

      30. Commitment to biodiversity conservation?

    • Yes
      1 / 1
      Source

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

    • Partial
      0.5 / 1
      Source

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

      The company only states it prevents illegal hunting

    • Yes
      1 / 1
      Source

      33. Examples of species conservation activities?

      The company states that it carries out education of local communities about rare and endemic species and has installed birdhouses and perches for birds of prey, among other activities

  • HCV, HCS and impact assessments HCV, HCS and impact assessments 9 / 11 81.8%
    • 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

      34. Commitment to conduct High Conservation Value (HCV) assessments?

    • Yes
      1 / 1
      Source

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

    • Partial
      0.5 / 1
      Source

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

      This company does not have an explicit commitment itself, but commits under the RSPO New Planting Procedures (NPP) as an RSPO member

    • No
      0 / 1
      No source

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

    • Yes
      1 / 1
      Source

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

      HCV assessments are available for:
      Lima Puluh Estate/PT Socfin
      Okomu Extension 1
      Okomu Extension 2
      Socfinaf Ghana Limited

    • Partial
      0.5 / 1
      Source

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

      Short HCV management and monitoring plans are only available for some of the HCV assessments

    • Yes
      1 / 1
      Source

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

      The company has four satisfactory HCV assessments under the company Socfin and its subsidiary Okomu

    • Yes
      1 / 1
      Source

      41. Commitment to the High Carbon Stock (HCS) Approach?

    • Yes
      1 / 1
      Source

      42. High Carbon Stock (HCS) assessments?

      Carbon stock assessments for Okomu and PSG are available on the company's TFT dashboard

    • Yes
      1 / 1
      Source

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

    • Yes
      1 / 1
      Source

      44. Social and environmental impact assessments (SEIAs) undertaken, and associated management and monitoring plans?

      There is one SEIA assessment available for Lima Pulah Estate with only a very short management and monitoring plan

  • Peat, fire and GHG emissions Peat, fire and GHG emissions 7.5 / 15 50%
    • 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

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

    • Yes
      1 / 1
      Source

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

    • Yes
      1 / 1
      Source

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

    • No
      0 / 1
      No source

      48. Landbank or planted area on peat?

    • Partial
      0.5 / 1
      Source

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

      The company only details best management practices for soils

    • Yes
      1 / 1
      Source

      50. Commitment to zero burning?

    • Yes
      1 / 1
      Source

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

    • Partial
      0.5 / 1
      Source

      52. Evidence of management and monitoring fires?

      The company reports fire monitoring on its DRC concessions: "Farm guards selected by the community are ... posted to report fires." The company does not report fire management practices

    • No
      0 / 1
      No source

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

    • No
      0 / 1
      No source

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

    • No
      0 / 1
      Source

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

      The company only has a general commitment to reduce GHGs but it is not time-bound and it does not set a specific target

    • No
      0 / 1
      No source

      56. GHG emissions from land use change?

    • Yes
      1 / 1
      Source

      57. Methodology used to calculate GHG emissions?

      PalmGHG calculator

    • Partial
      0.5 / 1
      Source

      58. Progress towards commitment to reduce GHG emissions intensity?

      The company reports a GHG intensity for 2017 ACOP but does not report progress and has no time-bound target

    • No
      0 / 1
      No source

      59. Percentage of mills with methane capture (100%)?

  • Water, chemical and pest management Water, chemical and pest management 7.5 / 12 62.5%
    • 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

      60. Time-bound commitment to improve water use per tonne of FFB Processed?

      In 2015, the company reported a target of 0.6 m3/T FFB. In 2017 the company set a target of 2 m3/T FFB, but this is not time-bound

    • Yes
      1 / 1
      Source

      61. Time-bound commitment to improve water quality (BOD and COD)?

      The company states in its 2017 Sustainability Report that discharge water for the pond is monitored and that BOD and COD "are kept within permitted levels (local regulations or IFC and/or RSPO standards, whichever applies)"

    • No
      0 / 1
      Source

      62. Progress towards commitment on water use?

      The company reports average water usage per tonne of FFB in 2017 as both 1.19 m3/T FFB and 1.14 m3/T FFB within the same report. The company previously reported water consumption levels of 1.15m3/T FFB in 2015 and 1.16m3/T FFB in 2016, which is also inconsistent with the data reported for these years in the 2017 Sustainability Report

    • Partial
      0.5 / 1
      Source

      63. Progress towards commitment on water quality (BOD and COD)?

      In 2015, the company reported figures for BOD and COD and states it keeps within permitted levels, but no recent data could be found

    • Partial
      0.5 / 1
      Source

      64. Protection of natural waterways through buffer zones?

      The company states that the riparian zones' management and rehabilitation strategy is implemented in Cameroon however it is unclear if buffer zones are in place across all operations to protect waterways

    • Yes
      1 / 1
      Source

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

    • Yes
      1 / 1
      Source

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

    • Yes
      1 / 1
      Source

      67. No use of paraquat?

      The company phased out paraquat in 2017

    • No
      0 / 1
      Source

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

      The company states it is committed to prohibiting the use of WHO class 1A and 1B chemicals, but that small quantities of chemicals classified 1B by the WHO are still used in the oil palm plantations (no time-bound plan). However, in 2016 Carbofuran was reduced by 47.02% compared to 2015. In 2017, this was reduced by 32.34% compared to 2016

    • No
      0 / 1
      Source

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

    • Yes
      1 / 1
      Source

      70. Integrated Pest Management (IPM) approach?

    • Yes
      1 / 1
      Source

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

      The company details pesticides used, toxic products used and organic fertiliser used

  • Community, land and labour rights Community, land and labour rights 18 / 19.5 92.3%
    • 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.

    • Yes
      1 / 1
      Source

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

    • Yes
      1 / 1
      Source

      73. Commitment to human rights applies to scheme smallholders and independent suppliers?

    • Yes
      1 / 1
      Source

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

    • Yes
      1 / 1
      Source

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

    • Yes
      1 / 1
      Source

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

    • Yes
      1 / 1
      Source

      77. FPIC commitment applies to independent suppliers?

    • Yes
      1 / 1
      Source

      78. Details of free, prior and informed consent (FPIC) process available?

      The company states that it follows the "FAO Manual on Free, Prior and Informed Consent"

    • Yes
      1 / 1
      Source

      79. Details of process for addressing land conflicts available?

      The company has a grievance procedure which has been used to record and respond to land conflict related grievances

    • Partial
      0.5 / 1
      Source

      80. Commitment to mitigate impacts on food security?

      The company does not explicitly commit to food security for local communities, but does refer to alternative subsistence activities to limit communities' dependence on forests and protected areas and reducing the impacts of climate change on the livelihoods of the local populations. SoGB gave ?12,000 of financial support to the SoGB women's union for vegetable production projects to promote local products and make them available at affordable prices

    • Partial
      0.5 / 1
      Source

      81. Commitment to provide essential community services and facilities?

      While the company does not commit to provide essential community services, it states in its 2017 Sustainability Report that 'Each village, depending on its distance or proximity to certain more lively and urban centres, has the infrastructure needed for village life: schools, health outpost, shops, boreholes, market places, sports fields, bars, etc.' Socfin dedicates funds to health care, access to credit and education.'

    • Yes
      1 / 1
      Source

      82. Commitment to respect all workers' rights?

    • Yes
      1 / 1
      Source

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

    • Yes
      0.5 / 0.5
      Source

      84. Total number of employees?

      49,164

    • Yes
      1 / 1
      Source

      85. Percentage or number of temporary employees?

      16,266 (33.1%) - Sum of contractors, temporary and daily workers

    • Yes
      1 / 1
      Source

      86. Percentage or number of women employees?

      5,019 (17%) - Figures provided applies to permanent employees only, more women as part of temporary workers, contractors and daily workers but not recorded

    • Partial
      0.5 / 1
      Source

      87. Commitment to pay minimum wage?

      The company commits to pay minimum wage but no evidence is provided

    • Yes
      1 / 1
      Source

      88. Commitment to address occupational health and safety?

    • Yes
      1 / 1
      Source

      89. Time lost due to work-based injuries?

      59 - Lost days per 100 employees average. The company also reports an accident rate per 100 employees of 14.53

    • Yes
      1 / 1
      Source

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

      3

    • Yes
      1 / 1
      Source

      91. Provision of personal protective equipment and pesticide training?

      The company states it makes Personal Protective Equipment available. There is also a mention of training, including related to Carbofuran use and water quality in the 2017 Sustainability Report

  • Certification standards Certification standards 7 / 14.5 48.3%
    • 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.

    • Partial
      0.5 / 1
      Source

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

      2,004 - The company (PT Socfindo and Socfinco - two plantation subsidiaries in Indonesia) has been a member of the RSPO since 2004. However, the company's other plantation subsidiaries are not members of the RSPO. The company states its holding company Socfinaf, grouping all African subsidiaries, applied for RSPO membership in 2015

    • Yes
      0.5 / 0.5
      Source

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

    • No
      0 / 0.5
      Source

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

      The company only states that it operates in Indonesia (Aceh, North Sumatra). It does not state that it operates in Sierra Leone, Nigeria, Cote d'Ivoire, Ghana, Sao Tome & Principe, Cameroon and Democratic Republic of Congo

    • Yes
      0.5 / 0.5
      Source

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

      2,022 - An original time-bound plan of 2013 was extended to 2014 and then 2015 only for operations in Indonesia - the company states in its 2016 RSPO ACOP that all estates are 100% certified in Indonesia. In its 2016 Sustainability Report, the company stated that all the Group's African plantations will be certified by 2022

    • n/a
      -
      No source

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

      Indicator disabled. The company does not have scheme smallholders

    • Yes
      0.5 / 0.5
      No source

      97. Year expected to achieve 100% RSPO certification of all palm product processing facilities?

      2,021

    • No
      0 / 0.5
      Source

      98. 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?

      2,011 - Only for operations in Indonesia

    • Partial
      1 / 2
      Source

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

      9 (45%)

    • Partial
      1 / 2
      Source

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

      39,391 (30.7%) - Sum of total certified area divided by planted area (128,189 ha), as total land area managed/controlled includes both palm oil and rubber

    • n/a
      -
      Source

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

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

    • No
      0 / 2
      Source

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

      ACOP 2017 states that no FFB is sourced from independent suppliers in Indonesia, and therefore no certified palm oil seems to be sourced from independent suppliers. However the 2017 Sustainability Report states that "The plantation companies source from independent smallholders."

    • No
      0 / 2
      No source

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

    • Yes
      1 / 1
      Source

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

      Mass Balance, Identity Preserved

    • Yes
      1 / 1
      Source

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

      All nine of the Indonesian sites have achieved ISPO certification. The remaining 4 Indonesian sites are rubber plantations or storage sites and do not require ISPO certification

    • n/a
      -
      No source

      106. Malaysia Sustainable Palm Oil (MSPO) certified?

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

    • Yes
      1 / 1
      Source

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

      ISCC, ISO 14001

  • Smallholders and suppliers Smallholders and suppliers 2.5 / 5 50%
    • 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.

    • n/a
      -
      Source

      108. Programme to support scheme smallholders?

      Indicator disabled. The company does not have scheme smallholders

    • n/a
      -
      No source

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

      Indicator disabled. The company does not have scheme smallholders

    • Yes
      1 / 1
      Source

      110. Programme to support independent smallholders?

      The company states that it "organises awareness and training sessions for smallholders and subcontractors. It offers them decision-making and technical support."

    • No
      0 / 1
      No source

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

    • Yes
      1 / 1
      Source

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

      The company states "the contractors and suppliers must comply with the companies rules and they are requested to sign our environmental and social policies. They are regularly audited by the staff in the framework of the management systems in order to ensure that their operations are the Group's environmental and social objectives. Training is provided if necessary."

    • Partial
      0.5 / 1
      Source

      113. Suspension or exclusion criteria for suppliers?

      The company states that it ensures smallholders comply with the company's policy and requirements and that any supplier not taking immediate remedial actions to correct serious failures or which does it repeatedly shall be removed from the Group's list of approved suppliers. It states that planters can be banned from its supplier list in the event of blatant reluctance, however it does not give timeframes for action or clearly state the criteria for exclusion

    • No
      0 / 1
      No source

      114. Percentage of suppliers assessed and/or engaged on compliance with company requirements?

  • Governance and grievances Governance and grievances 5 / 6 83.3%
    • 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

      115. Commitment to ethical conduct and prohibition of corruption?

    • No
      0 / 1
      No source

      116. Whistleblowing procedure?

      The company states that a whistleblowing procedure will be implemented in 2018 but it is not currently available

    • Yes
      1 / 1
      Source

      117. Own grievance or complaints system?

      A new grievance mechanism was published on the company's TFT dashboard in 2017

    • Yes
      1 / 1
      Source

      118. Grievance or complaints system is accessible to internal and external stakeholders?

      Grievance procedure is publicly available on the TFT dashboard

    • Yes
      2 / 2
      Source

      119. Details of grievances disclosed?

      The grievance log is available through the company's TFT dashboard

Media monitor: Socfin Group S.A.

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 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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Research protocols: Socfin Group S.A.

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 119 indicators across 10 categories, aligned with corporate reporting initiatives.

SPOTT is a ZSL initiative.
Zoological Society of London (ZSL)