Greenheart Group

1. Sustainable forestry policy or commitment for all its operations?

The company's ESG report 2023 details its Corporate Environmental Policy, which covers its commitments to environmental issues. Commitments covering social issues are not reported by the company.

2. Sustainable forestry policy or commitment applies to all suppliers?

3. High-level position of responsibility for sustainability?

The company mentions that to integrate ESG practices into its business operations, the board has delegated this responsibility to the senior management of the group (the "Management"), which has the responsibility for the planning and implementation of measures to achieve the ESG goals and targets set by the board.

4. One or more members within the board of the company have responsibility for sustainability?

The company reports that its board of directors (the "Board") is fully responsible for the oversight and decision-making of the group's environmental, social, and governance ("ESG") matters. The board has the overall responsibility of formulating the group's strategies, policies, and practices on ESG matters, overseeing the ESG reporting, and monitoring the implementation of ESG-related measures of the group.

5. Reports gender balance of senior management team?

0 - The company reports information on its senior management team, which includes two members, none of whom are female. However, the gender balance is not directly reported by the company.

6. Reports gender balance of board members?

1 - The company reports information on its board members which includes eight members, of which one member is a female.

7. Member of multiple industry schemes or other external initiatives to reduce negative environmental or social outcomes associated with timber and pulp production?

8. Collaboration with stakeholders to reduce negative environmental or social outcomes associated with timber and pulp production?

The company reports it is engaged in collaboration and alliances with institutions and conservation groups for the betterment of wildlife, agriculture and the environment. However, no details of the collaboration are reported.

9. Sustainability report published within last two years?

The company published an ESG report in 2024, covering the year 2023.

10. Reports through standardised reporting systems?

11. Climate risks assessment available?

12. Natural capital assessment available?

13. Lists countries and operations?

New Zealand (softwood plantations), Suriname (hardwood concessions, sawmill).

14. Lists countries sourcing from?

The company reports that in 2023, it cooperated with 111 suppliers, of which 36 were in Hong Kong, 37 in New Zealand, and 38 in Suriname.

15. Total land area managed/controlled for forestry (ha)?

328306 - As of 31 December 2023, the company's total timber concessions and cutting rights in Suriname covered a land area of approximately 313,000 ha (2022: 323,000 ha), excluding those expired. In New Zealand, the company owns radiata pine plantation forest assets with an aggregate land area of 15,306 ha (2022: 15,306 ha). Approximate figures are reported by the company for total land controlled.

16. Total area of natural forest designated for wood/wood fibre production (ha)?

313000 - As of 31 December 2023, the group's total timber concessions and cutting rights in Suriname covered a land area of approximately 313,000 ha (2022: 323,000 ha), excluding those expired. However, the figures reported are approximate and the production area is not reported explicitly.

17. Total area of forest plantation (ha)?

10600 - As of 31 December 2023, the company owned radiata pine plantation forest assets in New Zealand with an aggregate land area of approximately 15,306 ha (2022: 15,306 ha), of which approximately 10,600 ha (2022: 10,600 ha) was productive area. Approximate figures are reported by the company.

18. Area of plantation/natural forest within outgrower schemes (ha)?

19. Unplanted area (areas designated for future development as plantation forest) (ha)?

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

21. Area of Intact Forest Landscape (ha)?

22. Number of Forest Management Units (FMUs)?

8 - The company reports information on its principal subsidiaries and their principal activities which reflect six forest concessions and two plantations operated by the company. However, it is unclear if this information covers the company's entire operations.

23. Maps of forest management units (FMUs)?

24. Forest management plans available for all FMUs?

25. Monitoring of forest management plan implementation available?

26. Company has provided valid legal documents to Open Timber Portal on use right (at the time of SPOTT assessments)?

This indicator is disabled as the company reports that it does not operate in a country currently covered by Open Timber Portal.

27. Company has provided valid legal documents to Open Timber Portal on forest management (at the time of SPOTT assessments)?

This indicator is disabled as the company reports that it does not operate in a country currently covered by Open Timber Portal.

28. Company has provided valid legal documents to Open Timber Portal on timber harvesting (at the time of SPOTT assessments)?

This indicator is disabled as the company reports that it does not operate in a country currently covered by Open Timber Portal.

29. Maps of all third-party supplying FMUs?

30. Number of company owned sawmills?

The company reports that it has sawmills in Suriname, however, the exact number of sawmills operated by the company is not reported.

31. Names and locations of company owned sawmills?

32. Number of company-owned pulp and paper mills?

This indicator is disabled as the company reports that it does not own any pulp or paper mills.

33. Names and locations of company-owned pulp and paper mills?

This indicator is disabled as the company reports that it does not own any pulp or paper mills.

34. Reports total volumes (or percentages) sourced by company-owned sawmills that come from company's own operations and third-parties?

35. Reports total volumes (or percentages) sourced by company-owned pulp and paper mills that come from company's own operations and third-parties?

This indicator is disabled as the company reports that it does not own any pulp or paper mills.

36. Number of third party supplying mills?

37. Names and locations of all third party supplying mills?

38. Reports total volume (or percentages) sourced from third-party supplying mills that come from the supplying mills' own operations and third parties?

39. Procedures to trace raw materials to country of harvest?

The company reports that a system is in place to 'track the entire supply chain and trace a specific product at any given time'. However, details of the system are not provided.

40. Percentage of supply traceable to country of harvest?

41. Procedures to trace raw materials to FMU level?

The company reports that a system is in place to 'track the entire supply chain and trace a specific product at any given time'. However, details of the system are not provided.

42. Percentage of supply traceable to FMU level?

43. Time-bound plan for achieving 100% third-party legality verification of FMUs or achieved?

44. Percentage area (ha) verified as being in legal compliance by a third party?

45. Time-bound plan to source only wood/wood fibre that is in legal compliance verified by a third party?

46. Percentage of all wood/wood fibre supply traded/processed verified as being in legal compliance by a third party?

47. Percentage area (ha) FSC FM certified?

48. Time-bound plan for achieving 100% FSC FM certification of FMUs within 10 years?

49. Percentage of wood/wood fibre supply (tonnes) from all suppliers that comes from FSC FM certified areas?

50. Commitment to source only wood/wood fibre that meets FSC Controlled Wood and/or PEFC Controlled Sources requirements?

51. Percentage area (ha) PEFC certified (excluding FSC certified area)?

52. Commitment to zero conversion of natural ecosystems?

53. Commitment to zero conversion of natural ecosystems applies to all suppliers?

54. Commitment to zero deforestation?

55. Commitment to zero deforestation applies to all suppliers?

56. Criteria and cut-off date for defining deforestation and/or ecosystem conversion?

57. Criteria and cut-off date for defining deforestation in supplier operations?

58. Evidence of monitoring deforestation and/or ecosystem conversion?

59. Evidence of monitoring deforestation and/or ecosystem conversion in supplier operations?

60. Amount of deforestation and/or ecosystem conversion recorded in own operations since cut-off date?

61. Amount of deforestation and/or ecosystem conversion recorded in supplier operations since cut-off date?

62. Commitment to restoration of deforestation/conversion in own operations since cut-off date?

63. Commitment to restoration of deforestation/conversion in supplier operations since cut-off date?

64. Implementing a landscape or jurisdictional level approach?

65. Biodiversity policy?

66. Biodiversity policy applies to all suppliers?

67. Identified species of conservation concern, referencing international or national system of species classification?

68. Examples of species and/or habitat conservation management?

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

70. Commitment to no hunting or only sustainable hunting of species applies to all suppliers?

71. Commitment to protect forest areas from illegal activities?

72. Commitment to protect forest areas from illegal activities applies to all suppliers?

73. Evidence of protecting forest areas from illegal activities?

74. Commitment to no use of genetically modified organisms?

The company commits to not use genetically modified organisms or transgenic species.

75. Commitment to no use of genetically modified organisms applies to all suppliers?

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

77. Commitment to conduct High Conservation Value (HCV) assessments applies to all suppliers?

78. High Conservation Value (HCV) assessments available?

79. High Conservation Value (HCV) management and monitoring plans available?

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

81. Commitment to the High Carbon Stock (HCS) Approach applies to all suppliers?

82. High Carbon Stock (HCS) assessments available?

83. Peer review of all High Carbon Stock (HCS) assessments undertaken since April 2015 by the HCSA Quality Assurance Process?

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

The company only commits to conducting environmental impact assessments.

85. Commitment to conduct social and environmental impact assessments (SEIAs) applies to all suppliers?

86. Social and environmental impact assessments (SEIAs) available, and associated management and monitoring plans?

87. Company has provided valid legal documents to Open Timber Portal on impact assessments (at the time of SPOTT assessments)?

This indicator is disabled as the company reports that it does not operate in a country currently covered by Open Timber Portal.

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

89. Commitment to no planting on peat of any depth applies to all suppliers?

90. Landbank or planted area on peat (ha)?

91. Implementation of commitment to no planting on peat of any depth?

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

93. Commitment to best management practices for soils and peat applies to all suppliers?

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

95. Commitment to reduced impact logging?

The company only commits to Reduced Impact Logging (RIL) for some operations only.

96. Commitment to reduced impact logging applies to all suppliers?

97. Evidence of implementing reduced impact logging practices?

98. Commitment to zero burning?

99. Commitment to zero burning applies to all suppliers?

100. Evidence of fire monitoring and management?

101. Details/number of hotspots/fires in company FMUs?

102. Details/number of hotspots/fires in suppliers operations?

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

104. GHG emissions intensity?

The company reports emission figures for its operations in New Zealand and Suriname, but the figures are not intensity-based and do not include at least scope 1 and/or scope 2 emissions.

105. GHG emissions from land use change in company's own operations (scope 1)?

The company reports carbon dioxide emissions from harvesting activities for its plantation operations in New Zealand as 899 tonnes and its forestry concessions in Suriname as 157 tonnes in 2023.

106. GHG emissions from land use change in supplier operations (scope 3)?

107. Progress towards commitment to reduce GHG emissions intensity?

The company reports emission figures and the figures show improvement in 2023 as compared to 2021 and 2022 for both New Zealand and Suriname operations. However, the figures are not reported as intensity and the figures do not explicitly include at least scope 1 and/or scope 2 emissions.

108. Methodology used to calculate GHG emissions?

109. Time-bound commitment to improve water use intensity?

This indicator is disabled as the company reports that it does not own any pulp or paper mills OR only trades wood/wood fibre.

110. Water use intensity?

This indicator is disabled as the company reports that it does not own any pulp or paper mills OR only trades wood/wood fibre.

111. Progress towards commitment on water use intensity?

This indicator is disabled as the company reports that it does not own any pulp or paper mills OR only trades wood/wood fibre.

112. Time-bound commitment to improve water quality (BOD or COD)?

This indicator is disabled as the company reports that it does not own any pulp or paper mills OR only trades wood/wood fibre.

113. Progress towards commitment on water quality (BOD or COD)?

This indicator is disabled as the company reports that it does not own any pulp or paper mills OR only trades wood/wood fibre.

114. Treatment of pulp and paper mill effluent?

This indicator is disabled as the company reports that it does not own any pulp or paper mills OR only trades wood/wood fibre.

115. Evidence of sawmill run-off containment and wastewater treatment?

116. Proportion of processing facilities with closed-loop water treatment system?

This indicator is disabled as the company reports that it does not own any pulp or paper mills.

117. Commitment to protect natural waterways through buffer zones?

The company reports commitment to ensure that stream and waterways are protected and not disturbed by harvesting activities.

118. Implementation of commitment to protect natural waterways through buffer zones?

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

The company commits to minimise the use of chemicals but does not mention chemical fertilisers or pesticides.

120. Commitment to minimise the use of chemicals, including pesticides and chemical fertilisers, applies to all suppliers?

121. Evidence of eliminating chlorine and chlorine compounds for bleaching?

This indicator is disabled as the company reports that it does not own any pulp or paper mills OR only trades wood/wood fibre.

122. Commitment to no use of World Health Organisation (WHO) Class 1A and 1B pesticides?

123. Commitment to no use of World Health Organisation (WHO) Class 1A and 1B pesticides applies to all suppliers?

124. Commitment to no use of chemicals listed under the Stockholm Convention and Rotterdam Convention?

125. Commitment to no use of chemicals listed under the Stockholm Convention and Rotterdam Convention applies to all suppliers?

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

127. Implementation of commitment to minimise inorganic fertiliser usage?

128. Integrated Pest Management (IPM) approach?

129. Waste management system in place to avoid negative impacts?

130. Commitment to human rights?

131. Commitment to human rights applies to all suppliers?

132. Progress on human rights commitment ?

133. Commitment to respect Indigenous Peoples' and local communities' rights?

The company states that it incorporates the ILO Indigenous and Tribal Peoples Convention (no. 169) within its policies, however it does not provide a clear commitment.

134. Commitment to Indigenous Peoples' and local communities' rights applies to all suppliers?

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

The company only commits to recognising the rights of ownership concerned over the lands that the Indigenous people traditionally occupy.

136. Commitment to legal and customary land rights applies to all suppliers?

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

138. Commitment to free, prior and informed consent (FPIC) applies to all suppliers?

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

140. Examples of local stakeholder engagement to prevent conflicts?

The company states it has a dedicated community team in New Zealand that handles communication, relationship development, concerns, and disputes with the related communities. No further examples or details are reported.

141. Details of process for addressing land conflicts available?

142. Supports the inclusion of women across forestry operations, including addressing barriers faced?

143. Company has provided valid legal documents to Open Timber Portal on population rights (at the time of SPOTT assessments)?

This indicator is disabled as the company reports that it does not operate in a country currently covered by Open Timber Portal.

144. Commitment to enable sustainable use of non-timber forest products (NTFPs) by local communities?

The company commits to allowing Indigenous people to do subsistence activities such as fishing and hunting, however, the commitment does not mention the sustainable management of these activities.

145. Commitment to provide essential community services and facilities ?

The company commits to to 'giving back to the community through various channels', and provides a number of examples.

146. Progress on commitment to provide essential community services and facilities?

The company only mentions providing facilities and services generally but does not provide detailed specific examples.

147. Commitment to provide business/work opportunities for local communities?

The company reports that it provides work opportunities for local communities, however, the commitment does not cover the company's entire operations.

148. Company has provided valid legal documents to Open Timber Portal on labour regulations (at the time of SPOTT assessments)?

This indicator is disabled as the company reports that it does not operate in a country currently covered by Open Timber Portal.

149. Commitment to Fundamental ILO Conventions or Free and Fair Labour Principles?

150. Commitment to Fundamental ILO Conventions or Free and Fair Labour Principles applies to all suppliers?

151. Progress on commitment to respect all workers' rights?

152. Commitment to eliminate gender related discrimination with regards to employment?

The company reports that all job applicants are "assessed based on their skills, qualification and performance" irrespective of gender.

153. Commitment to eliminate gender related discrimination with regards to employment applies to all suppliers?

154. Progress on commitment to eliminate gender related discrimination with regards to employment?

155. Percentage or number of temporary employees?

1 (0.7%) - The company reports 1 (0.70%) part-time employee in 2023.

156. Reports gender balance of employees?

34 (23.78%) - The company reports that in 2023, there were 34 female employees, making up 23.78% of the workforce.

157. Commitment to pay a living wage?

The company reports that no employee is paid less than the minimum wage specified by the government regulations in different jurisdictions. However, a commitment to pay living wage is not reported by the company.

158. Commitment to pay a living wage applies to all suplliers?

159. Progress on commitment to pay a living wage?

160. Reporting of salary by gender?

161. Commitment to address occupational health and safety?

The company commits to ensuring health and safety at work, with reference to relevant national laws, however, the commitment does not refer to the ILO Code of Practice on Safety and Health in Forestry Work.

162. Commitment to address occupational health and safety applies to all suppliers?

163. Provision of personal protective equipment and related training?

The company discusses providing a safe working environment and personal protective equipment along with related training to all contractors and employees across all operations. However, the information reported is not externally verified.

164. Time lost due to work-based injuries?

32 - The company reports 32 working days lost due to injuries in 2023.

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

0 - The company reports no work-related fatalities in 2023.

166. Commitment to support smallholders?

167. Programme to support outgrower scheme and/or independent smallholders?

168. Number or percentage of outgrower scheme and/or independent smallholders involved in programme?

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

The company only reports having SOPs for the procurement of equipment, products, and services. However, limited details are reported by the company.

170. Number or percentage of non-smallholder suppliers assessed and/or engaged on compliance with company's policy and/or legal requirements?

171. Suspension or exclusion criteria for suppliers?

172. Timebound action plans (including Key Performance Indicators) for suppliers to be in compliance with timber and pulp sourcing commitments?

173. Proportion of supply from suppliers that is verified as deforestation and/or conversion-free (DCF)?

174. Commitment to ethical conduct and prohibition of corruption?

The company commits to ethical conduct and prohibition of corruption.

175. Commitment to ethical conduct and prohibition of corruption applies to all suppliers?

The company commits all suppliers to ethical conduct and prohibition of corruption.

176. Progress on commitment to ethical conduct and prohibition of corruption?

The company mentions all complaints in concern of corruption are read and investigated by the 'Audit Committee' and reported to the board. Employee handbook which lays out the company's expectations and guiding principles on bribery prevention is provided to each employee. No confirmed legal cases against the company and its employees concerning corruption were reported in 2023. However, the information reported is not externally verified.

177. Company has provided valid legal documents to Open Timber Portal on legal registration (at the time of SPOTT assessments)?

This indicator is disabled as the company reports that it does not operate in a country currently covered by Open Timber Portal.

178. Disclosure of the company's management approach to tax and payments to governments?

179. Company has provided valid legal documents to Open Timber Portal on taxes, fees and royalties (at the time of SPOTT assessments)?

This indicator is disabled as the company reports that it does not operate in a country currently covered by Open Timber Portal.

180. Whistleblowing procedure?

The company has a whistleblowing policy and procedure in place.

181. Own grievance or complaints system open to all stakeholders?

182. Details of complaints and grievances disclosed?