TSH Resources Bhd
Palm oil assessment- Latest update: November 2024
- Next scheduled: November 2025
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Landbank (oil palm)80,937 hectares
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Market cap:351,000,000 USD
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Thomson Reuters ticker:TSHR.KL
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Bloomberg ticker:TSH MK Equity
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Sedol:B053CZ2
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LEI:No LEI
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RSPO member?Yes
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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: TSH Resources Bhd – January 2015
Assessment date:
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RSPO reporting requirements
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0 / 11.1.. Is the company an RSPO member?
TSH Resources Berhad is not an RSPO member.
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0 / 1
1.2.. Has the company submitted its most recent Annual Communication of Progress (ACOP) report to the RSPO?
TSH Resources Berhad is not 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?
TSH Resources Berhad is not 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?
TSH Resources Berhad is not an RSPO member.
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0 / 1
1.4.1.. Has the company set any public targets to be 100% RSPO-certified?
TSH Resources Berhad is not an RSPO member.
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1.4.2.. Has the company missed any of its public targets to be 100% RSPO-certified?
TSH Resources Berhad is not an RSPO member.
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0 / 4
1.5.. What percentage of the company's total plantation estates is RSPO-certified?
TSH Resources Berhad is not an RSPO member, therefore none of their plantation estates are currently RSPO certified.
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1.6.. Are the company's RSPO Principles and Criteria certification assessments publicly available?
TSH Resources Berhad is not an RSPO member.
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0 / 1
1.7.1.. Has the company set any public targets for its third party suppliers to be 100% RSPO-certified?
TSH Resources Berhad is not 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?
TSH Resources Berhad is not an RSPO member.
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0 / 1
1.8.1.. Has the company set any public targets for scheme smallholders to be 100% RSPO-certified?
TSH Resources Berhad is not 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?
TSH Resources Berhad is not an RSPO member.
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0 / 4
1.9.. What percentage of the company's scheme smallholder plantations is RSPO-certified?
TSH Resources Berhad is not an RSPO member, therefore none of their scheme smallholder plantations are currently RSPO certified.
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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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1 / 12.2.1.. Has the company publicly disclosed its total landbank area for oil palm cultivation?
130900 - Yes, landbank is approximately 130,900 ha.
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1 / 1
2.2.2.. Has the company publicly disclosed its total planted area?
49900 - Yes, planted area is approximately 49,900 ha.
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1 / 1
2.2.3.. Has the company publicly disclosed its total scheme smallholder area?
4200 - Yes, scheme smallholder hectarage is approximately 4,200 ha (this figures only relates to TSH Resources' Indonesian smallholders).
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0 / 1
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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0 / 1
2.3.1.. Are all of the company's concession maps publicly available for all countries in which it operates?
No company concession maps have been made publicly available by TSH Resources and are therefore unavailable to view on the SPOTT mapping tool.
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0 / 1
2.3.2.. Are all of the company's scheme smallholders' concession maps publicly available for all countries in which it operates?
No scheme smallholder concession maps have been made publicly available by TSH Resources and are therefore unavailable to view on the SPOTT mapping tool.
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Environmental management
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1 / 1
3.1.1.. Does the company have a publicly available statement to address deforestation resulting from its operations?
Yes.
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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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0 / 1
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 SEIA assessments 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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0 / 1
3.4.3.. Are all of the company's High Conservation Value (HCV) assessments conducted after November 2005 publicly available?
No HCV assessments 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 HCV management plans 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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0 / 1
3.7.. Does the company have a publicly available Integrated Pest Management Plan for its operations?
No information could be found using the research protocols.
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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?
Please find the relevant media stories listed in the media monitor below.
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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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0 / 1
5.1.1.. Does the company have a publicly available statement stating that it is committed to a strict policy of zero burning?
No information could be found using the research protocols.
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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?
No relevant media stories could be found using the research protocols.
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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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Traceability
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0 / 1
7.1.. Are all of the company's mill locations publicly available for all countries in which it operates?
No palm oil mill locations have been made publicly available by TSH Resources and are therefore unavailable to view on the SPOTT mapping tool.
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0 / 4
7.2.. What percentage of the company's total palm oil mills is RSPO-certified?
TSH Resources Berhad is not an RSPO member, therefore none of their palm oil mills are currently 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?
TSH Resources Berhad is not an RSPO member, therefore none of their third party sourced FFB's are currently RSPO certified.
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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)?
TSH Resources Berhad is not 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?
TSH Resources Berhad is not 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: TSH Resources 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.
View all reports
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September 2022
RSPO Complaint: PT Farinda Bersaudara (a subsidiary of TSH Resources Berhad)
August 2020
TSH Resources sells two Indonesian plantation units to KLK to pay debts
March 2018
Forest Watch Indonesia: SILANG SENGKARUT PENGELOLAAN HUTAN DAN LAHAN DI INDONESIA
February 2018
Buruh Sawit Perusahaan Malaysia di Kalimantan Mogok Kerja (Palm Oil Workers in Kalimantan Strike)
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: TSH Resources 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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