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Headquartered in Switzerland and founded in 1990, Precious Woods produces and sells semi-finished tropical timber

  • Landbank (timber/pulp):
    1,103,500 hectares
  • Thomson Reuters ticker:
    Private company
  • Bloomberg ticker:
    Private company
  • Activities:
    Timber production, timber processing and manufacturing, trading and distribution
  • Locations:
    Brazil (Amazon), Gabon (eastern)
  • Headquarters:
    Switzerland
  • Related companies:
    Precious Woods is one of SODEFOR's shareholders through its parent company Norsudtimber.
  • Website:

Company assessment: Precious Woods Holding AG – July 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: 73.5% 66.5 / 90.5
  • Sustainability policy and leadership Sustainability policy and leadership 6 / 6 100%
    • 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 forestry policy or commitment for all its operations?

      The company has a commitment to FSC P&Cs for its operations in Gabon and has published a commitments page covering all operations

    • Yes
      1 / 1
      Source

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

    • Yes
      1 / 1
      Source

      3. High-level position of responsibility for sustainability?

      The board of the company is responsible for sustainability issues and receives advice from a Sustainability Advisory Committee of external stakeholders including NGO representatives

    • Yes
      1 / 1
      Source

      4. Sustainability report published within last two years?

      2017

    • Yes
      1 / 1
      Source

      5. Member of multiple industry schemes or other external initiatives to improve forest management or transparency?

      ATIBT, FSC, Congo Basin Forest Partnership (CBFP), European Coalition for Sustainable Tropical Timber (STTC)

    • Yes
      1 / 1
      Source

      6. Activities with government, NGOs or academic institutions to improve the sustainability of forest products?

      The company states it works with multiple stakeholders including World Conservation Society (WCS), the Franceville University of Science and Technology (USTM), the University of Amazonas (UFAM), Gembloux Agro-Bio Tech (ULIège), Nature+ and the Berne University of Applied Sciences (BFH-HAFL)

  • Landbank, FMUs and mills Landbank, FMUs and mills 9 / 10 90%
    • Companies should publicly report figures on their total landbank and details of different areas under their management. They should also disclose maps of their forest management units and provide forest management plans, as well as details on supplier pulp and paper mills.

    • Yes
      1 / 1
      Source

      7. Lists countries and operations?

      Brazil (forest concessions, sawmill, manufacturing facilities), Gabon (forest concession, sawmills, veneer plant)

    • Yes
      1 / 1
      Source

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

      1,103,500

    • n/a
      -
      No source

      9. Total area of forest plantation (ha)?

      This indicator is disabled as the company has informed ZSL that it does not produce wood/wood fibre from plantation forests

    • n/a
      -
      No source

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

      This indicator is disabled as the company has informed ZSL that it does not source wood/wood fibre from outgrowers

    • n/a
      -
      No source

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

      This indicator is disabled as the company has informed ZSL that it does not produce wood/wood fibre from plantation forests

    • Yes
      1 / 1
      Source

      12. Conservation set-aside and/or HCV area (ha)?

      108,508 - The company has 53,195 ha HCV areas in Gabon and 55,313.08 ha protected areas in Brazil

    • No
      0 / 1
      No source

      13. Area of Intact Forest Landscape (ha)?

    • Yes
      1 / 1
      Source

      14. Number of Forest Management Units (FMUs)?

      4 - The company has 3 FMUs in Gabon and 1 FMU in Brazil

    • Yes
      1 / 1
      Source

      15. Maps of forest management units (FMUs)?

      Static maps and geo-coordinates are available for Precious Woods Amazon. Georeferenced map for Precious Wood Gabon available through Global Forest Watch

    • Yes
      1 / 1
      Source

      16. Forest management plans available for all FMUs?

      Summaries of Forest Management Plans are made publicly available on the company website and via the FSC database. Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • Yes
      1 / 1
      Source

      17. Monitoring of forest management plan implementation?

      Summaries of Forest Management Plan monitoring are made publicly available via the FSC database. Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • n/a
      -
      No source

      18. Number of company owned pulp and paper mills?

      This indicator is disabled as the company has informed ZSL that it does not own pulp or paper mills

    • n/a
      -
      No source

      19. Maps or addresses of company owned pulp and paper mills?

      This indicator is disabled as the company has informed ZSL that it does not own pulp or paper mills

    • Yes
      1 / 1
      Source

      20. Number of company owned sawmills?

      3 - The company owns two mills in Gabon and a mill in Brazil

    • Yes
      1 / 1
      Source

      21. Maps or addresses of company owned sawmills?

  • Deforestation and biodiversity Deforestation and biodiversity 10.5 / 13 80.8%
    • 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

      22. Commitment to zero conversion of natural forest?

      FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN) require that conversion to plantations or non-forest land uses shall not occur, except in circumstances where there are clear, substantial, additional, secure, long-term conservation benefits. Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area

    • No
      0 / 1
      No source

      23. Zero conversion commitment applies to outgrower scheme and independent suppliers?

    • Yes
      1 / 1
      Source

      24. Commitment to minimise the impact of logging roads?

    • Yes
      1 / 1
      Source

      25. Commitment to protect forest areas from illegal activities?

      FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN) require that forests are protected from illegal harvesting, settlement and other unauthorized activities. Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • Yes
      1 / 1
      Source

      26. Evidence of monitoring deforestation?

      The monitoring of forest extent and condition is covered by FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN). Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • No
      0 / 1
      No source

      27. Amount of deforestation recorded?

    • Yes
      1 / 1
      Source

      28. Commitment to biodiversity conservation?

      The protection of rare, threatened and endangered species and their habitats is covered by FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN). Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • Yes
      1 / 1
      Source

      29. Commitment to set aside areas for conservation?

      FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN) require that areas are set aside for conservation. Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • Yes
      1 / 1
      Source

      30. Examples of habitat management and/or habitat restoration of set-aside areas?

      The management and restoration of habitat is covered by FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN). Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • Partial
      0.5 / 1
      Source

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

      The maintenance and restoration of appropriate landscape values, including environmental and economic resilience is covered by FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN). However, this commitment does not extend to active engagement with stakeholders outside of the Forest Management Unit. Half points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • Yes
      1 / 1
      Source

      32. Commitment to protect species of conservation concern, referencing international or national system of species classification?

    • Yes
      1 / 1
      Source

      33. Commitment to sustainably manage the use of non-timber forest products (NTFPs)?

      The sustainable extraction of forest products and the use rights of local communities and indigenous peoples is covered by FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN). Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • n/a
      -
      No source

      34. Commitment not to use genetically modified organisms?

      This indicator is disabled as the company has informed ZSL that it does not produce wood/wood fibre from plantation forests

    • n/a
      -
      No source

      35. Commitment to only use alien species where impacts can be controlled?

      This indicator is disabled as the company has informed ZSL that it does not produce wood/wood fibre from plantation forests

    • Yes
      1 / 1
      Source

      36. Examples of species conservation activities?

      The protection of rare, threatened and endangered species and their habitats, and the maintenance of ecological functions and values is covered by FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN). Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

  • HCV, HCS and impact assessments HCV, HCS and impact assessments 5.5 / 7 78.6%
    • 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

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

      FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN) require that assessments are conducted to determine the presence of High Conservation Values. Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • Partial
      0.5 / 1
      Source

      38. HCV commitment applies to outgrower scheme and independent suppliers?

      The company has committed to not be directly or indirectly involved in the destruction of High Conservation Values in forestry operations. This commitment is made through the FSC Policy for Association (FSC-POL-01-004). For this half points are awarded

    • No
      0 / 1
      No source

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

    • Yes
      1 / 1
      Source

      40. High Conservation Value (HCV) assessments available?

    • Yes
      1 / 1
      Source

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

    • n/a
      -
      No source

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

      This indicator is disabled as the company has informed ZSL that it does not produce wood/wood fibre from plantation forests

    • n/a
      -
      No source

      43. High Carbon Stock (HCS) assessments available?

      This indicator is disabled as the company has informed ZSL that it does not produce wood/wood fibre from plantation forests

    • Yes
      1 / 1
      Source

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

      FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN) require assessment of environmental impacts and the incorporation of evaluations of social impact into management planning and operations. Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • Yes
      1 / 1
      Source

      45. Social and environmental impact assessments (SEIAs) available?

      SEIA assessment summary can be found in the Forest Management Plan for the company's Gabonese operations

  • Soils, fire and GHG emissions Soils, fire and GHG emissions 5.5 / 8 68.8%
    • Companies should commit to protect peatland and undertake best management practices for soils and peat, as well as commit to reduced impact logging. 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

      46. Commitment to best management practices for soils and/or peat?

      The company has confirmed that it does not have operations on peatland. The conservation of soils, including control of erosion and minimising damage during operations is covered by FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN). Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • Yes
      1 / 1
      Source

      47. Commitment to reduced impact logging?

      FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN) requires the avoidance of damage to forest resources and the preparation of written guidelines to minimise forest damage during harvesting. Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • n/a
      -
      No source

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

      This indicator is disabled as the company has informed ZSL that it does not produce wood/wood fibre from plantation forests and it does not have landbank on peat

    • n/a
      -
      No source

      49. Commitment on peatland planting applies to outgrower scheme and independent suppliers?

      This indicator is disabled as the company has informed ZSL that it does not produce wood/wood fibre from plantation forests

    • n/a
      -
      No source

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

      This indicator is disabled as the company has informed ZSL that it does not have landbank on peat

    • Yes
      1 / 1
      Source

      51. Evidence of best management practices for soils and/or peat?

      The company has confirmed that it does not have operations on peatland. The conservation of soils, including control of erosion and minimising damage during operations is covered by FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN). Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • n/a
      -
      No source

      52. Commitment to zero burning?

      This indicator is disabled as the company has informed ZSL that it does not produce wood/wood fibre from plantation forests

    • n/a
      -
      No source

      53. Commitment to zero burning applies to outgrower scheme and independent suppliers?

      This indicator is disabled as the company has informed ZSL that it does not produce wood/wood fibre from plantation forests

    • Partial
      0.5 / 1
      Source

      54. Evidence of management and monitoring fires?

      The company only provides evidence for fire management activities

    • No
      0 / 1
      No source

      55. Details/number of hotspots/fires in FMUs controlled by the company?

    • Partial
      0.5 / 1
      Source

      56. Time-bound commitment to reduce GHG emissions intensity?

      The company has a general commitment to reduce CO2 emissions. However this commitment is not time bound and does not mention GHG intensity specifically

    • Partial
      0.5 / 1
      Source

      57. Progress towards reducing GHG emission intensity?

      In 2017, the company reported a -13% reduction in direct C02 emissions. However, GHG intensity figures are not reported

    • n/a
      -
      No source

      58. Report GHG emissions from land use change?

      This indicator is disabled as the company has informed ZSL that it does not produce wood/wood fibre from plantation forests

    • Yes
      1 / 1
      Source

      59. Methodology used to calculate GHG emissions?

      WRI classification

  • Water, chemical and waste management Water, chemical and waste management 6 / 10 60%
    • Companies should commit to managing water use and water quality, providing evidence through time-bound reduction plans, policies on toxic chemical use, waste management and treatment of wastewater and mill effluents.

    • No
      0 / 1
      No source

      60. Time-bound commitment to improve water quality?

    • No
      0 / 1
      No source

      61. Progress towards commitment on water quality?

    • Yes
      1 / 1
      Source

      62. Protection of natural waterways through buffer zones?

    • n/a
      -
      No source

      63. Evidence of treatment of pulp and paper mill effluent?

      This indicator is disabled as the company has informed ZSL that it does not own pulp or paper mills

    • No
      0 / 1
      Source

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

    • n/a
      -
      No source

      65. Time-bound commitment to improve water use?

      This indicator is disabled as the company has informed ZSL that it does not own pulp or paper mills

    • n/a
      -
      No source

      66. Progress towards commitment on water use?

      This indicator is disabled as the company has informed ZSL that it does not own pulp or paper mills

    • n/a
      -
      No source

      67. mmitment to eliminate chlorine and chlorine compounds for bleaching?

      This indicator is disabled as the company has informed ZSL that it does not own pulp or paper mills

    • Yes
      1 / 1
      Source

      68. Evidence of minimising or recycling solid waste produced during sawmilling processes?

      The company uses wood waste for energy generation in Brazil. It also reduces wood waste by supporting local communities in Brazil to use wood waste generated during sawmilling and energy generation processes (e.g. ashes) in vegetable gardens and for handicrafts

    • Yes
      1 / 1
      Source

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

      FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN) require the adoption of environmentally friendly non-chemical methods of pest management and avoidance of the use of chemical pesticides and fertilisers. Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • Yes
      1 / 1
      Source

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

      FSC Principles and Criteria prohibit the use of World Health Organization Type 1A and 1B and chlorinated hydrocarbon pesticides. Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • Yes
      1 / 1
      Source

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

      FSC-STD-30-001 v1-0 8.1 prohibits the use of chemicals listed under the Stockholm Convention and Rotterdam Convention. Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • Partial
      0.5 / 1
      Source

      72. Integrated Pest Management (IPM) approach?

      FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN) requires the adoption of environmentally friendly non-chemical methods of pest management and avoidance of the use of chemical pesticides and fertilisers. However, specific provisions are not set out for natural forest operations. Half points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • Partial
      0.5 / 1
      Source

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

      The company provides information on chemicals used in its operations in Gabon but no similar information found for its Brazilian operations

  • Community, land and labour rights Community, land and labour rights 16.5 / 19.5 84.6%
    • 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

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

      The company has committed to not be directly or indirectly involved in the violation of human rights in forestry operations. This commitment is made through the FSC Policy for Association (FSC-POL-01-004), which defines human rights as those established through the UN Declaration of Human Rights

    • Yes
      1 / 1
      Source

      75. Commitment to human rights applies to outgrower scheme and independent suppliers?

      The company has committed to not be directly or indirectly involved in the violation of human rights in forestry operations. This commitment is made through the FSC Policy for Association (FSC-POL-01-004), which defines human rights as those established through the UN Declaration of Human Rights

    • Yes
      1 / 1
      Source

      76. Commitment to respect indigenous and local communities' rights?

      The company has committed to not be directly or indirectly involved in the violation of human rights in forestry operations. This commitment is made through the FSC Policy for Association (FSC-POL-01-004), which encompasses the rights of Indigenous and Tribal Peoples as established by the ILO Convention 169

    • Yes
      1 / 1
      Source

      77. Commitment to respect legal and customary property rights?

      FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN) require that legal and customary property rights are respected. Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • Yes
      1 / 1
      Source

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

    • Partial
      0.5 / 1
      Source

      79. FPIC commitment applies to independent suppliers?

      All the company's suppliers in Europe are PEFC certified which requires FPIC. However the certification only covers FMUs and not all of the suppliers' operations

    • No
      0 / 1
      No source

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

    • Partial
      0.5 / 1
      Source

      81. Details of process for addressing land conflicts available?

      FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN) require that appropriate mechanisms are employed to resolve disputes over tenure claims and use rights. However, details of the process used for resolving land conflicts are not recorded. Half points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • Partial
      0.5 / 1
      Source

      82. Commitment to mitigate impacts on food security?

      The company has published a case study from Brazil and the FMUs in Gabon include one 'Agricultural MU' (Serie de development agricole) which is dedicated to communities agricultural activities. However, no clear commitment is made

    • Yes
      1 / 1
      Source

      83. Commitment to provide essential community services and facilities?

      FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN) require certified organisations to contribute to the social and economic development of local communities. Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • Yes
      1 / 1
      Source

      84. Commitment to respect all workers' rights?

    • Yes
      1 / 1
      Source

      85. Reference to Fundamental ILO Conventions?

      The company has committed to not be directly or indirectly involved in the violation of any of the ILO Core Conventions. This commitment is made through the FSC Policy for Association (FSC-POL-01-004)

    • Yes
      0.5 / 0.5
      Source

      86. Total number of employees?

      1,340

    • Yes
      1 / 1
      No source

      87. Percentage or number of temporary employees?

      0 - The company has confirmed to ZSL that it does not have temporary employees

    • Yes
      1 / 1
      Source

      88. Percentage or number of women employees?

      11%

    • Partial
      0.5 / 1
      Source

      89. Commitment to pay minimum wage?

      The company states to pay the minimum wage but evidence is not provided

    • Yes
      1 / 1
      Source

      90. Commitment to address occupational health and safety, referencing the ILO Code of Practice on Safety and Health in Forestry Work?

      FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN) require that all applicable laws and/or regulations covering health and safety of employees and their families are met or exceeded. FSC-POL-30-401:200 requires that the ILO Code of Practice on Safety and Health in Forestry Work is also applied. Full points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • Yes
      1 / 1
      Source

      91. Time lost due to work-based injuries?

      12.3 - Days lost per accident (2017)

    • Yes
      1 / 1
      Source

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

      0

    • Yes
      1 / 1
      Source

      93. Provision of personal protective equipment and related training?

  • Certification standards Certification standards 5 / 8 62.5%
    • Companies should be certified by credible certification standards, or have time-bound commitments to achieve 100% certification of both forest management units and outgrower schemes. They should also commit to only sourcing certified wood/wood fibre and ensuring that their supply is verified as being in legal compliance.

    • Yes
      1 / 1
      Source

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

      100% - FSC share of timber production sold (2017): 100%. The FSC certificate for Mil Madeiras Preciosas (Precious Woods Amazon) covers 227,044.81 ha, but the companies stated landbank in Brazil is 506,699 hectares. This non-certified concession area is non-operational

    • Yes
      1 / 1
      Source

      95. Percentage wood/wood fibre supply verified as being in legal compliance by a third party?

      100%

    • Yes
      1 / 1
      Source

      96. Time-bound plan for achieving 100% FSC FM certification of FMUs?

      FSC share of timber production sold (2017): 100%. The FSC certificate for Mil Madeiras Preciosas (Precious Woods Amazon) covers 227,044.81 ha, but the companies stated landbank in Brazil is 506,699 hectares. This non-certified concession area is assumed to be non-operational. The company states that all forest operations are FSC FM and PEFC certified.

      Could you please clarify if the uncertified area in Brazil is still non-operational? The latest FSC audit report (source 2151, p13) suggests there are no areas excluded from the scope of certification however it also lists areas excluded

    • No
      0 / 1
      No source

      97. Commitment to source only wood/wood fibre that meets FSC Controlled Wood requirements?

    • Yes
      2 / 2
      Source

      98. Percentage area (ha) FSC FM certified?

      823,867 (100%) - FSC share of timber production sold (2017): 100%. The FSC certificate for Mil Madeiras Preciosas (Precious Woods Amazon) covers 227,044.81 ha, but the companies stated landbank in Brazil is 506,699 hectares. This non-certified concession area is assumed to be non-operational

    • No
      0 / 2
      No source

      99. Percentage of wood/wood fibre supply from outgrower scheme and/or independent suppliers that is FSC FM certified?

      0 - The company's suppliers are 100% PEFC certified but not FSC FM certified

    • n/a
      -
      Source

      100. Percentage area (ha) PEFC certified?

      The indicator has been disabled as the company is 100% FSC certified

  • Smallholders and suppliers Smallholders and suppliers 0 / 3 0%
    • 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
      -
      No source

      101. Programme to support outgrower scheme smallholders?

      This indicator is disabled as the company has informed ZSL that it does not source wood/wood fibre from outgrowers

    • n/a
      -
      No source

      102. Percentage of outgrower scheme smallholders involved in programme?

      This indicator is disabled as the company has informed ZSL that it does not source wood/wood fibre from outgrowers

    • No
      0 / 1
      No source

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

    • No
      0 / 1
      No source

      104. Suspension or exclusion criteria for suppliers?

    • No
      0 / 1
      No source

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

  • Governance and grievances Governance and grievances 2.5 / 6 41.7%
    • 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

      106. Commitment to ethical conduct and prohibition of corruption?

    • Partial
      0.5 / 1
      Source

      107. Whistleblowing procedure?

      The company only state to allow whistleblowing and that there shall 'not be retaliation or harassment of employees who report violations or other concerns'. However, a clear description of the whistleblowing procedure is not provided

    • Partial
      0.5 / 1
      Source

      108. Own grievance or complaints system?

      FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN) require that appropriate methods are employed for resolving grievances. However, this commitment does not appear to extend beyond the Forest Management Unit. Half points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • Partial
      0.5 / 1
      Source

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

      FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN) require that appropriate methods are employed for resolving grievances. However, it is not clear whether the system in question is open to both internal and external stakeholders. Half points have therefore been awarded for this indicator on the basis of the company's FSC certified landbank, which stands at 823,866.81 ha (100% of total operational area)

    • No
      0 / 2
      No source

      110. Details of grievances disclosed?

Media monitor: Precious Woods Holding AG

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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