Tradewinds Plantation Bhd
Palm oil assessment- Latest update: November 2024
- Next scheduled: November 2025
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Parent company:Tradewinds Corporation Berhad
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Bloomberg ticker:TWPB MK Equity
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LEI:No LEI
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RSPO member?No - The company was an RSPO member from 2009. However, the company resigned from the RSPO on 3rd September 2015.
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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: Tradewinds Plantation Bhd – October 2015
Assessment date:
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RSPO reporting requirements
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0 / 11.1.. Is the company an RSPO member?
Tradewinds Plantation Berhad was an RSPO from 2009. However, the company resigned from the RSPO on 3rd of September 2015.
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0 / 1
1.2.. Has the company submitted its most recent Annual Communication of Progress (ACOP) report to the RSPO?
Tradewinds Plantation Berhad is no longer an RSPO member.
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0 / 1
1.3.1.. In the company's most recent and up-to-date RSPO ACOP report, does the company refer to itself as an oil palm grower?
Tradewinds Plantation Berhad is no longer an RSPO member.
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0 / 1
1.3.2.. In the company's most recent and up-to-date RSPO ACOP report, does the company state all the countries and regions in which it operates?
Tradewinds Plantation Berhad is no longer an RSPO member.
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0 / 1
1.4.1.. Has the company RSPO-certified its first plantation estate: a) By November 2010, for companies joining prior to finalisation of the RSPO certification systems in November 2007? b) Within three years of joining the RSPO or of acquiring plantation operations as an RSPO member?
Tradewinds Plantation Berhad is no longer an RSPO member.
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1.4.2.. Has the company missed any of its public targets to be 100% RSPO-certified?
Tradewinds Plantation Berhad is no longer an RSPO member.
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1.5.. What percentage of the company's total plantation estates is RSPO-certified?
Tradewinds Plantation Berhad is no longer an RSPO member, therefore none of their plantation estates are RSPO certified.
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1.6.. Are the company's RSPO Principles and Criteria certification assessments publicly available?
Tradewinds Plantation Berhad is no longer an RSPO member.
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0 / 1
1.7.1.. Have the first of the company's independent FFB suppliers achieved RSPO certification?
Tradewinds Plantation Berhad is no longer an RSPO member.
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1.7.2.. Has the company missed any public targets for 100% of its independent FFB suppliers to be RSPO-certified?
Tradewinds Plantation Berhad is no longer an RSPO member.
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0 / 1
1.8.1.. Has the company RSPO-certified its first scheme smallholders?
Tradewinds Plantation Berhad is no longer an RSPO member.
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1.8.2.. Has the company missed any public targets for 100% of its scheme smallholders to be RSPO-certified?
Tradewinds Plantation Berhad is no longer an RSPO member.
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1.9.. What percentage of the company's scheme smallholder plantations is RSPO-certified?
Tradewinds Plantation Berhad is no longer an RSPO member, therefore none of their scheme smallholder estates are RSPO certified.
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1.10.. Does the company have any open complaints filed through the RSPO complaints system?
Tradewinds Plantation Berhad is no longer an RSPO member.
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Landbank and maps
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0 / 1
2.1.1.. Does the company have a publicly available statement detailing its land acquisition criteria?
No information could be found using the research protocols.
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0 / 1
2.1.2.. Does this statement apply to all of the company's scheme smallholders and independent FFB suppliers?
No information could be found using the research protocols.
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0 / 1
2.2.1.. Has the company publicly disclosed its total landbank area for oil palm cultivation?
Approximately 160,000 (no date could be attributed to the data found which also combines the company's' rubber landbank).
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0 / 1
2.2.2.. Has the company publicly disclosed its total planted area?
132940 - 132,940 ha (no date could be attributed to the data found).
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0 / 1
2.2.3.. Has the company publicly disclosed its total scheme smallholder area?
940 - 940 ha (data found was more than 1 year old).
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2.2.4.. Has the company publicly disclosed its total area of land managed for conservation that is set aside (i.e. including areas of High Conservation Value)?
No information could be found using the research protocols.
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2.3.1.. Are all of the company's concession maps publicly available for all countries in which it operates?
Map related indicators are temporarily disabled for all companies due to legal issues.
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2.3.2.. Are all of the company's scheme smallholders' concession maps publicly available for all countries in which it operates?
Map related indicators are temporarily disabled for all companies due to legal issues.
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Environmental management
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0 / 1
3.1.1.. Does the company have a publicly available statement to address deforestation resulting from its operations?
No information could be found using the research protocols.
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0 / 1
3.1.2.. Does this statement apply to all its scheme smallholders and independent FFB suppliers?
No information could be found using the research protocols.
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0 / 1
3.2.1.. Does the company have a publicly available commitment to undertake Free, Prior and Informed Consent (FPIC) prior to any new planting taking place?
No information could be found using the research protocols.
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0 / 1
3.2.2.. Does the company make its Free, Prior and Informed Consent (FPIC) process publicly available?
No information could be found using the research protocols.
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3.3.1.. Does the company have a publicly available commitment to conduct SEIA (Social and Environmental Impact Assessments) assessments prior to any new planting taking place?
No information could be found using the research protocols.
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0 / 1
3.3.2.. Are all SEIA assessments conducted after November 2005 publicly available?
No information could be found using the research protocols.
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0 / 1
3.4.1.. Does the company have a publicly available commitment to conduct High Conservation Value (HCV) assessments prior to any new planting taking place?
No information could be found using the research protocols.
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3.4.2.. Has the company publicly committed to only using licensed High Conservation Value (HCV) assessors accredited by the HCV Resource Network's Assessor Licensing Scheme (ALS)?
No information could be found using the research protocols.
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0 / 1
3.4.3.. Are all of the company's High Conservation Value (HCV) assessments conducted after November 2005 publicly available?
No information could be found using the research protocols.
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0 / 1
3.4.4.. Does the company make its High Conservation Value (HCV) management and monitoring plans for all of its estates publicly available?
No information could be found using the research protocols.
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0 / 1
3.5.. Has the company publicly committed to applying a High Carbon Stock (HCS) methodology to all of its landholdings and not developing on HCS areas?
No information could be found using the research protocols.
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0 / 1
3.6.. Does the company have a publicly available Water Management Plan or equivalent for its operations?
No information could be found using the research protocols.
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1 / 13.7.. Does the company have a publicly available Integrated Pest Management Plan for its operations?
Yes.
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0 / 1
3.8.. Does the company have a publicly available commitment to not use WHO Class 1A and 1B pesticides and paraquat, or time-bound plan for phasing out their use?
No information could be found using the research protocols.
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3.9.. Has the company been mentioned in any relevant media stories and/or reports that make reference to wildlife conflict or deforestation within the company's plantation estates and/or its scheme smallholders' or independent FFB suppliers' plantations?
No relevant media stories could be found.
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Fragile, marginal and peat soils
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0 / 1
4.1.1.. Does the company have a publicly available statement stating that it is committed to a strict 'no new development on peat' policy?
No information could be found using the research protocols.
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0 / 1
4.1.2.. Does this policy apply to all its scheme smallholders and independent FFB suppliers?
No information could be found using the research protocols.
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4.2.. What percentage of the company's landbank for oil palm cultivation is located on peat?
No information could be found using the research protocols.
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Zero burning
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1 / 1
5.1.1.. Does the company have a publicly available statement stating that it is committed to a strict policy of zero burning?
Yes.
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0 / 1
5.1.2.. Does this policy apply to all its scheme smallholders and independent FFB suppliers?
No information could be found using the research protocols.
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5.2.. Has the company been mentioned in any relevant media stories and/or reports that make reference to fires found within the company's plantation estates and/or its scheme smallholders' or independent FFB suppliers' plantations?
Please find the relevant media stories listed in the media monitor below.
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Greenhouse gas emissions
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0 / 1
6.1.1.. Does the company have a publicly available time-bound plan to reduce greenhouse gas (GHG) emissions?
No information could be found using the research protocols.
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0 / 1
6.1.2.. Does this time-bound plan apply to all its scheme smallholders and independent FFB suppliers?
No information could be found using the research protocols.
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0 / 1
6.2.. Does the company publicly report on progress made towards achieving its time-bound plan?
No information could be found using the research protocols.
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0 / 1
6.3.. Does the company publicly report its GHG emissions from land use change associated with new planting?
No information could be found using the research protocols.
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0 / 1
6.4.. Has the company made a public commitment to report and to reduce effects from Palm Oil Mill Effluent (POME)?
No information could be found using the research protocols.
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0 / 1
6.5.. Has the company made a public commitment to eliminate methane emissions from all of its palm oil mills?
No information could be found using the research protocols.
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Traceability
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7.1.. Are all of the company's mill locations publicly available for all countries in which it operates?
Map related indicators are temporarily disabled for all companies due to legal issues.
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0 / 4
7.2.. What percentage of the company's total palm oil mills is RSPO-certified?
Tradewinds Plantation Berhad is no longer an RSPO member, therefore none of their palm oil mills are RSPO certified.
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0 / 4
7.3.. What percentage of the company's total fresh fruit bunches (FFBs) purchased from independent suppliers (not including outgrowers and scheme smallholders) is RSPO-certified?
Tradewinds Plantation Berhad is no longer an RSPO member.
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0 / 1
7.4.. Does the company have a public commitment to move towards Segregated and/or Identity Preserved certified sustainable palm oil (CSPO)?
Tradewinds Plantation Berhad is no longer an RSPO member.
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0 / 2
7.5.. Does the company prioritize certified sustainable palm oil (CSPO) from Segregated or Identity Preserved supply chain models over Mass Balance or GreenPalm?
Tradewinds Plantation Berhad is no longer an RSPO member.
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SPOTT scores are based on the presence of external evidence made available by the company or third-parties.
Media monitor: Tradewinds Plantation Bhd
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.
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July 2019
We won’t be responsible if workers retaliate, says company after Simunjan plantation fracas
December 2018
USD 11B in Loans to Palm Oil Industry: ESG Issues May Create Indirect Risks for Bank Investors
July 2016
Are You Invested in Exploitation? Why US investment firms should quit financing conflict palm oil and commit to human rights
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Media monitor: Tradewinds Plantation Bhd
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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