Palm oil assessments

TSH Resources Bhd https://www.spott.org/palm-oil/tsh-resources-bhd/

Established in 1986, TSH Resources is engaged in investment holding and in oil palm cultivation... Read more.

Landbank (oil palm):

108,157 hectares
Palm cultivation revenue:

100%
Market cap:

542,581,376 USD
Thomson Reuters ticker:

TSHR.KL
Bloomberg ticker:

TSH MK
ISIN:

MYL9059OO006
RSPO member?

Yes

Website:

http://www.tsh.com.my
Latest annual report (2016)

Company assessment: TSH Resources Bhd – November 2017

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

Transparency
score ranges:

lower
< 33%

moderate
33-66%

higher
> 66%

Expand all categories

Assessment date:

Total: 33.5% 40 / 119.5

Sustainability policy and leadership 1 / 6 16.7%
- 1 media report
  
  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.
- 0 / 1
  
  Source
  
  1. Sustainable palm oil policy or commitment for all its operations?
  
  The company states it is committed to sustainability, but does not make its policies, including its Environmental Policy Statement, publicly available
- 0 / 1
  
  No source
  
  2. Policy or commitment applies to direct and third-party suppliers?
- 1 / 1
  
  Source
  
  3. High-level position of responsibility for sustainability?
  
  Head of Sustainability
- 0 / 1
  
  No source
  
  4. Sustainability report published within last two years?
- 0 / 1
  
  No source
  
  5. Member of multiple industry schemes or other external initiatives to improve sustainability in relation to palm oil?
- n/a
  
  -
  
  No source
  
  6. Verification report on compliance with POIG Charter, if a POIG member?
  
  This indicator is disabled as it is not applicable to this company.
- 0 / 1
  
  Source
  
  7. Activities with government and/or NGOs to improve palm oil sustainability?
  
  The company states it has partnered with government agencies to protect bio-diverse and fragile ecosystems, although unclear if related to its palm oil operations
Landbank, maps and traceability 8 / 13 61.5%
- 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.
- 1 / 1
  
  Source
  
  8. Total land area managed/controlled for oil palm (ha)?
  
  108,157
- 1 / 1
  
  Source
  
  9. Total oil palm planted area (ha)?
  
  42,103
- 1 / 1
  
  Source
  
  10. Plasma/scheme smallholders planted area (ha)?
  
  4,316
- 1 / 1
  
  Source
  
  11. Unplanted (areas designated for future planting)(ha)?
  
  33,232
- 1 / 1
  
  Source
  
  12. Conservation set-aside area, including HCV area (ha)?
  
  24,190
- 0 / 1
  
  No source
  
  13. Area for infrastructure (ha)?
- 1 / 1
  
  Source
  
  14. Number of company owned mills?
  
  6
- 0.5 / 1
  
  Source
  
  15. Maps or coordinates of company owned mills?
  
  One of the company's mills is available on Global Forest Watch
- n/a
  
  -
  
  No source
  
  16. Number and names of supplier mills?
  
  This indicator is disabled as it is not applicable to this company.
- 1 / 1
  
  Source
  
  17. Maps of estates/management units?
  
  Concession boundaries have been made available to the RSPO and the company declares these represent 100% of their concession sites, but not all may not be publicly available due to ongoing legal issues. Maps will become available on GeoRSPO
- 0 / 1
  
  No source
  
  18. Maps of scheme/plasma smallholders?
- n/a
  
  -
  
  No source
  
  19. Time-bound commitment to achieve 100% traceability to mill level?
  
  This indicator is disabled as it is not applicable to this company.
- 0.5 / 1
  
  Source
  
  20. Time-bound commitment to achieve 100% traceability to plantation level?
  
  The company only states it "works to ensure that the materials and components we use in our entire supply chain such as raw oil palm bunches and fertilisers can be traced to sources"
- n/a
  
  -
  
  No source
  
  21. Percentage of supply traceable to mill level (above 80%)?
  
  This indicator is disabled as it is not applicable to this company.
- 0 / 2
  
  No source
  
  22. Percentage of fresh fruit bunches (FFB) from own mills traceable to plantation level (is above 75%)?
- n/a
  
  -
  
  No source
  
  23. Percentage of fresh fruit bunches (FFB) from supplier mills traceable to plantation level (is above 75%)?
  
  This indicator is disabled as it is not applicable to this company.
Deforestation and biodiversity 1.5 / 12 12.5%
- 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.
- 0 / 0.5
  
  No source
  
  24. Commitment to address deforestation?
- 0 / 1
  
  No source
  
  25. Commitment to zero deforestation?
- 0 / 1
  
  No source
  
  26. Deforestation commitment applies to scheme smallholders and independent suppliers?
- 0 / 1
  
  No source
  
  27. Criteria for defining deforestation?
- 0 / 1
  
  No source
  
  28. Evidence of monitoring deforestation?
- 0 / 1
  
  No source
  
  29. Commitment to set aside areas for conservation?
- 0 / 1
  
  Source
  
  30. Evidence of habitat management and/or habitat restoration?
- 0 / 1
  
  No source
  
  31. A landscape-level approach?
- 0.5 / 0.5
  
  Source
  
  32. Commitment to biodiversity conservation?
- 0.5 / 1
  
  Source
  
  33. Commitment to not endanger species of conservation concern, referencing international or national system of species classification?
  
  The company states "in line with its policy, works with wildlife conservation bodies to protect rare, threatened or endangered species", but does not reference a system of species classification
- 0 / 1
  
  No source
  
  34. Commitment to no hunting or only sustainable hunting of species?
- 0 / 1
  
  No source
  
  35. Commitment not to operate within internationally and nationally designated protected areas?
- 0.5 / 1
  
  Source
  
  36. Evidence of species conservation activities?
  
  The company only states it provides research grants, works with conservation bodies to protect species and carries out annual wildlife population assessments
HCV, HCS and impact assessments 2 / 10 20%
- 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.
- 1 / 1
  
  Source
  
  37. Commitment to High Conservation Value (HCV) approach?
- 0 / 1
  
  No source
  
  38. HCV commitment applies to scheme smallholders and independent suppliers?
- 0.5 / 1
  
  Source
  
  39. Commitment to only use licensed High Conservation Value (HCV) assessors accredited by the HCV Resource Network's Assessor Licensing Scheme (ALS)?
  
  The company does not have an explicit commitment, but commits through the RSPO NPP
- 0 / 1
  
  No source
  
  40. High Conservation Value (HCV) assessments for planting undertaken prior to January 2015, and associated management and monitoring plans?
- 0 / 1
  
  No source
  
  41. High Conservation Value (HCV) assessments for all estates planted since January 2015?
- 0 / 1
  
  No source
  
  42. High Conservation Value (HCV) management and monitoring plans for all estates planted since January 2015?
- 0 / 1
  
  No source
  
  43. Satisfactory review of all High Conservation Value (HCV) assessments undertaken since January 2015 by the HCV ALS Quality Panel?
- 0 / 1
  
  No source
  
  44. Commitment to the High Carbon Stock (HCS) approach?
- n/a
  
  -
  
  Source
  
  45. High Carbon Stock (HCS) assessments?
  
  This indicator is disabled as according to the 2016 RSPO ACOP no new planting has occurred
- 0.5 / 1
  
  Source
  
  46. Commitment to conduct social and environmental impact assessments (SEIAs)?
  
  The company states it conducts EIAs prior to any new development, and mentions SIAs, but does not clearly state SIAs are conducted prior to new planting
- 0 / 1
  
  Source
  
  47. Social and environmental impact assessment (SEIAs) undertaken, and associated management and monitoring plans?
  
  The company states "We have conducted EIAs for all our Indonesian plantations and Sabah estates that were established after September 1999" but no publicly available reports could be found
Peat, fire and GHG emissions 3.5 / 17 20.6%
- 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.
- 0 / 1
  
  No source
  
  48. Commitment to no planting on peat of any depth?
- 0 / 1
  
  No source
  
  49. Peat commitment applies to scheme smallholders and independent suppliers?
- 0 / 1
  
  No source
  
  50. Commitment to best management practices for soils and peat?
  
  The company states it has a Good Agricultural Practices policy but it is unclear what is included
- 0 / 1
  
  No source
  
  51. Landbank or planted area on peat (ha)?
- 0 / 1
  
  Source
  
  52. Evidence of best management practices for soils and peat?
- 1 / 1
  
  Source
  
  53. Commitment to zero burning?
- 0 / 1
  
  Source
  
  54. Zero burning commitment applies to scheme smallholders and independent suppliers?
  
  The company states the zero burning policy applies to 'all operations', however, it is not clear whether this also refers to smallholders and independent suppliers
- 0 / 1
  
  Source
  
  55. Evidence of management and monitoring fires?
- 0 / 1
  
  No source
  
  56. Details/number of hotspots/fires in company estates?
- 0 / 1
  
  No source
  
  57. Details/number of hotspots/fires within surrounding landscape/smallholders?
- 0 / 1
  
  Source
  
  58. Time-bound commitment to reduce greenhouse gas (GHG) emissions?
  
  TSH Resources only states that its 'environmentally friendly' practices reduce greenhouse gas emissions and provides only anecdotal evidence of GHG reductions
- 0 / 1
  
  No source
  
  59. GHG commitment applies to scheme smallholders and independent suppliers?
- 0.5 / 1
  
  Source
  
  60. GHG emissions?
  
  The company only states it has 'begun to track and monitor GHG emissions'. The company has submitted a Palm GHG report available for 2 certified sites PT SPMN and LDPOM in its 2016 ACOP but this does not cover the company's whole scope of operations
- 0.5 / 1
  
  Source
  
  61. GHG emissions from land use change?
  
  The company has submitted a Palm GHG report available for 2 certified sites PT SPMN and LDPOM in its 2016 ACOP but this does not cover the company's whole scope of operations, but includes land conversion emissions
- 1 / 1
  
  Source
  
  62. Methodology used to calculate GHG emissions?
  
  PalmGHG
- 0 / 1
  
  No source
  
  63. Progress towards commitment to reduce GHG emissions?
- 0.5 / 1
  
  Source
  
  64. Percentage of mills with methane capture (is above 75%)?
  
  The Group owns and operates a 3 MW/HR biogas power plant in Sabah
Water, chemical and pest management 3.5 / 12 29.2%
- 1 media report
  
  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).
- 0 / 1
  
  Source
  
  65. Time-bound commitment to improve water use?
  
  The company only states it monitors water use in all of its estates and six mills
- 0 / 1
  
  No source
  
  66. Time-bound commitment to improve water quality?
  
  The company only states that lab assessments of the river water are done every six months
- 0 / 1
  
  No source
  
  67. Progress towards commitment on water use?
- 0 / 1
  
  No source
  
  68. Progress towards commitment on water quality?
- 1 / 1
  
  Source
  
  69. Protection of natural waterways through buffer zones?
- 1 / 1
  
  Source
  
  70. Evidence of treating palm oil mill effluent (POME)?
- 0.5 / 1
  
  Source
  
  71. Commitment to minimise the use of chemicals, including pesticides and chemical fertilisers?
  
  The company states it has implemented an integrated pest management approach to reduce the use of pesticides and it monitors use of pesticides, but does not refer to reducing all chemical use or fertiliser use
- 0 / 1
  
  No source
  
  72. No use of paraquat?
- 0 / 1
  
  No source
  
  73. No use of World Health Organisation (WHO) Class 1A and 1B pesticides?
- 0 / 1
  
  No source
  
  74. No use of chemicals listed under the Stockholm Convention and Rotterdam Convention?
- 1 / 1
  
  Source
  
  75. Integrated Pest Management (IPM) approach?
  
  The company states it has adopted an integrated pest management programme
- 0 / 1
  
  No source
  
  76. Chemical usage per ha or list of chemicals used?
Community, land and labour rights 8 / 18 44.4%
- 2 media reports
  
  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.
- 0.5 / 1
  
  Source
  
  77. Commitment to human rights, referencing the UN Declaration of Human Rights or UN Guiding Principles on Business and Human Rights?
  
  The company commits to human rights, but does not reference the UN Declaration of Human Rights
- 0 / 1
  
  Source
  
  78. Commitment to respect legal and customary land tenure rights?
  
  The company only states it has carried out assessments to determine customary land owners and minimise land conflicts
- 0 / 1
  
  No source
  
  79. Commitment to respect indigenous and local communities' rights, referencing the UN Declaration on the Rights of Indigenous Peoples or ILO 169?
- 0.5 / 1
  
  Source
  
  80. Commitment to free, prior and informed consent (FPIC)?
  
  The company only states that "one of the policy's main objectives is to emphasise the importance of Free, Prior and Informed Consent ("FPIC")", but does not clearly state is undertaken for all new development
- 0 / 1
  
  No source
  
  81. FPIC commitment applies to independent suppliers?
- 0 / 1
  
  No source
  
  82. Free, prior and informed consent (FPIC) process?
- 1 / 1
  
  Source
  
  83. Process for addressing land conflicts?
  
  The company provides a document on conflict resolution in its 2015 ACOP
- 0 / 1
  
  No source
  
  84. Commitment to ensure food security for local communities?
- 0.5 / 1
  
  Source
  
  85. Commitment to respect all workers' rights?
  
  The company states it has put in place labour rights protections, but does not state for all workers
- 0.5 / 1
  
  Source
  
  86. Reference to Fundamental ILO Conventions or Free and Fair Labour Principles?
  
  The company refers to no child labour, no forced labour, freedom of association, collective bargaining, and no discrimination, but does not refer to minimum age or equal remuneration
- 1 / 1
  
  Source
  
  87. Total number of employees?
  
  9,385
- 0 / 1
  
  No source
  
  88. Percentage or number of temporary employees?
- 1 / 1
  
  Source
  
  89. Percentage or number of women employees?
  
  2,383 (25.4%)
- 1 / 1
  
  Source
  
  90. Minimum wage that the company pays?
  
  The company states it complies with local labour regulations and has implemented national minimum wage rates throughout its operations
- 1 / 1
  
  Source
  
  91. Commitment to address occupational health and safety?
- 0 / 1
  
  No source
  
  92. Lost time accident rate?
- 0 / 1
  
  No source
  
  93. Number of fatalities as a result of work-based accidents?
- 1 / 1
  
  Source
  
  94. Provision of personal protective equipment and pesticide training?
Certification standards 5.5 / 15.5 35.5%
- 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.
- 1 / 1
  
  Source
  
  95. Member of the Roundtable on Sustainable Palm Oil (RSPO)?
  
  2014
- 0.5 / 0.5
  
  Source
  
  96. Submitted most recent RSPO Annual Communication of Progress (ACOP)?
- 0.5 / 0.5
  
  Source
  
  97. Listed all countries and regions in which operates in most recent RSPO Annual Communication of Progress (ACOP)?
  
  TSH Resources states all the countries and regions in which it operates: Indonesia (West Sumatra, Central Kalimantan, East Kalimantan), Malaysia (Sabah)
- 0.5 / 0.5
  
  Source
  
  98. Time-bound plan for achieving 100% RSPO certification of estates within 5 years or achieved 100% RSPO-certification of estates?
  
  2019 - Target extended from 2018 to 2019
- 0.5 / 0.5
  
  Source
  
  99. Time-bound plan for achieving 100% RSPO certification of scheme/associated smallholders within 5 years or achieved 100% RSPO-certification of scheme/associated smallholders?
  
  2021
- n/a
  
  -
  
  No source
  
  100. Time-bound plan for achieving 100% RSPO certification of all supply chains?
  
  This indicator is disabled as it is not applicable to this company.
- 0.5 / 0.5
  
  Source
  
  101. RSPO-certified within three years of joining the RSPO or by November 2010, for companies joining prior to finalisation of the RSPO certification systems in November 2007?
  
  2016
- 1 / 2
  
  Source
  
  102. Percentage of mills RSPO-certified (is above 75%)?
  
  2 (33.3%)
- 0.5 / 2
  
  Source
  
  103. Percentage of area (ha) RSPO-certified (is above 75%)?
  
  7,114 (6.6%)
- 0 / 2
  
  No source
  
  104. Percentage of scheme/associated smallholders (ha) RSPO-certified (is above 75%)?
  
  0
- 0 / 2
  
  No source
  
  105. Percentage of FFB supply (tonnes) from independent FFB suppliers that is RSPO-certified (is above 75%)?
  
  0
- n/a
  
  -
  
  No source
  
  106. Percentage of all palm oil and oil palm products handled/traded/processed (tonnes) that are RSPO-certified (is above 75%)?
  
  This indicator is disabled as it is not applicable to this company.
- 0 / 1
  
  Source
  
  107. Sells or processes/trades RSPO-certified palm oil through Segregated or Identity Preserved supply chains?
  
  Mass Balance
- 0.5 / 1
  
  Source
  
  108. Indonesia Sustainable Palm Oil (ISPO) certified (100%)?
  
  TSH Resources states that one of company's entities is fully ISPO certified and the rest are in progress
- 0 / 1
  
  No source
  
  109. Malaysia Sustainable Palm Oil (MSPO) certified (100%)?
- 0 / 1
  
  No source
  
  110. Certified under voluntary sustainability certification scheme (e.g. ISCC, SAN, RSB, etc.)?
Smallholders and suppliers 3 / 9 33.3%
- 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.
- 1 / 1
  
  Source
  
  111. Programme to support scheme smallholders?
  
  Plasma
- 1 / 1
  
  Source
  
  112. Details of support programme for scheme smallholders?
  
  Educating the cooperative scheme smallholders on oil palm planting and business, assisting the scheme smallholders to obtain financing for their projects, educating and assisting scheme smallholders in implementing sustainable practices
- 0 / 1
  
  No source
  
  113. Number or percentage of scheme smallholders involved in programme?
- 0 / 1
  
  Source
  
  114. Programme to support independent smallholders?
  
  In its 2016 RSPO ACOP the company states it plans to support independent smallholders in 2019. It states a list of independent smallholders is already identified
- 0 / 1
  
  No source
  
  115. Details of support programme for independent smallholders?
- 0 / 1
  
  No source
  
  116. Number or percentage of independent smallholders involved in programme?
- 1 / 1
  
  Source
  
  117. Process used to prioritise, assess and/or engage suppliers on compliance with company's policy and/or legal requirements?
  
  The company states it performs audits "to ensure that our estates and those of our suppliers comply with local environmental regulations especially when it comes to waste management and land clearing"
- 0 / 1
  
  No source
  
  118. Suspension or exclusion criteria for suppliers?
- 0 / 1
  
  No source
  
  119. Number or percentage of suppliers assessed and/or engaged?
Governance and grievances 4 / 7 57.1%
- 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.
- 1 / 1
  
  Source
  
  120. Commitment to ethical conduct and prohibition of corruption?
- 1 / 1
  
  Source
  
  121. Whistleblowing procedure?
- 1 / 1
  
  Source
  
  122. Own grievance or complaints system?
  
  The company has a grievance mechanism that is specifically designed to report issues related to sustainability and a grievance mechanism to report labour issues
- 0 / 1
  
  Source
  
  123. Grievance system accessible to internal stakeholders (i.e. employees)?
- 1 / 1
  
  Source
  
  124. Grievance system accessible to external stakeholders?
- 0 / 2
  
  No source
  
  125. Details of grievances disclosed?

Media monitor: TSH Resources Bhd

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

Search:

November 2016

The Great Palm Oil Scandal: Labour Abuses Behind Big Names

Visit external site

July 2016

Are You Invested in Exploitation? Why US investment firms should quit financing conflict palm oil and commit to human rights

Visit external site

December 2015

Inside Indonesia's highest-profile land conflict

Visit external site

No article found for the selected categories.

Research protocols: TSH Resources Bhd

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

Download research protocols

Map of concessions: TSH Resources Bhd

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

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

One of TSH Resources' mills is available on Global Forest Watch. Concession boundaries have been made available to the RSPO and the company declares these represent 100% of their concession sites, but not all may not be publicly available due to ongoing legal issues. Maps will become available on GeoRSPO. The concessions are not yet available on the SPOTT map.