Skip to content
Menu Search

Precious Woods Holding AG

Timber and pulp assessment
  • Latest update: August 2022
  • Next scheduled: July 2023

Show media reports (6) Show ESG scores Show supply chain scores Modify score weighting
  • About this company:

    Headquartered in Switzerland and founded in 199, Precious

  • Market cap:
    92,000,000 USD
  • ISIN:
    CH0013283368
  • Website:

Company assessment: Precious Woods Holding AG – August 2022

Assessment date:

Score by disclosure type:

Total: 89.3% 139.23 / 156
  • Organisation: 27 / 29 93.1%
  • Policy: 61.5 / 67 91.8%
  • Practice: 50.7 / 60 84.5%
  • Self-reported: 13.3 / 60 22.1%
  • External: 14.8 / 60 24.7%
  • Certified: 22 / 60 36.7%
  • Sustainability policy and leadership Sustainability policy and leadership
    10.75 / 12 89.6%
    • Organisation: 6 / 6 100%
    • Policy: 2 / 2 100%
    • Practice: 2.8 / 4 68.8%
    • Self-reported: 1.8 / 4 43.8%
    • External: 1 / 4 25%
    • Certified: 0 / 4 0%
    • Y
      1 / 1

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

      The company reports its commitment to all aspects of sustainability on its website and in its sustainability report. These commitments cover multiple dimensions of sustainability across the company's operations covering both social and environmental issues.

    • Y
      1 / 1

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

      The company's commitment to all aspects of sustainability applies to all its direct and third-party suppliers.

    • Y
      1 / 1

      3. High-level position of responsibility for sustainability?

      Mr. Markus Pfannkuch - Chief Sustainability Officer.

    • Y
      1 / 1

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

      0 - The company reports that the responsibility for ensuring and further developing sustainability lies with the 'Board of Directors'.

    • Y
      1 / 1

      5. Percentage or number of women in senior management team?

      0 - The company reports zero women in its senior management team. Data as of December 2021.

    • Y
      1 / 1

      6. Percentage or number of women board members?

      1 - The company reports one woman as a part of its board of directors. Data as of December 2021.

    • Y
      1 / 1

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

      [Externally verified] FSC, CBFP, ATIBT, STTC, UFIGA, and various other industry organisations.

    • Y
      1 / 1

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

      The company states it entered into a public-private partnership with the Gabonese government, and the NGO Conservation Justice to protect the fauna in Gabon against illegal hunting. The company also supports various research projects in the field of environment and sustainability in collaboration with four local universities and research institutions.

    • Y
      1 / 1

      9. Sustainability report published within last two years?

      The company's latest sustainability report covers the year 2021.

    • Y
      1 / 1

      10. Reports through standardised reporting systems?

      The company has submitted CDP forest questionnaires for the years 2017-2021.

    • P
      0.75 / 1

      11. Climate risks assessment available?

      The company has conducted and published a climate change risk assessment based on the methodology suggested by the Food and Agriculture Organization of the United Nations. However, the assessment is not externally verified.

    • N
      0 / 1

      12. Natural capital assessment available?

  • Landbank, maps and traceability Landbank, maps and traceability
    18.64 / 20 93.2%
    • Organisation: 11 / 12 91.7%
    • Policy: 2 / 2 100%
    • Practice: 5.6 / 6 94.1%
    • Self-reported: 1.8 / 6 30.3%
    • External: 3.8 / 6 63.8%
    • Certified: 0 / 6 0%
    • Y
      1 / 1

      13. Lists countries and operations?

      Brazil (forest concessions, sawmill, production facilities), Gabon (forest concessions, sawmills, veneer plant).

    • Y
      1 / 1

      14. Lists countries sourcing from?

      The company reports sourcing from its own forest concessions in Brazil and Gabon. In 2021, timber products traded from third parties originated from forests in France, Hungary, Guatemala, Panama and Nicaragua.

    • Y
      1 / 1

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

      1,090,400 - Brazil: 493,579 ha, Gabon: 596,822 ha. Data as of December 2021.

    • 16. Total area of forest plantation (ha)?

      This indicator is disabled as the company reports that it only produces wood/wood fibre from natural forests.

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

      This indicator is disabled as the company reports that it does not source from outgrower smallholder suppliers.

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

      This indicator is disabled as the company reports that it only produces wood/wood fibre from natural forests.

    • Y
      1 / 1

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

      135,711 - Gabon: 67,528 ha and Brazil: 64,183 ha.

    • Y
      1 / 1

      20. Area of Intact Forest Landscape (ha)?

      242,376 - The figure was reported in 2020.

    • Y
      1 / 1

      21. Number of Forest Management Units (FMUs)?

      4 - The company has three FMUs in Gabon and one FMU in Brazil.

    • Y
      1 / 1

      22. Maps of forest management units (FMUs)?

      The maps of all FMUs are available in the forest management plans of MIL (Brazil) and CEB (Gabon).

    • Y
      1 / 1

      23. Forest management plans available for all FMUs?

      Forest management plans are available for all FMUs of the company.

    • Y
      1 / 1

      24. Monitoring of forest management plan implementation available?

      [Externally verified] The monitoring of forest management plan implementation is available in the latest FSC reports of the company.

    • Y
      1 / 1

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

      [Externally verified] The company has provided all valid legal documents to Open Timber Portal on use right. Please note: Company scores on Open Timber Portal are updated daily. Visit the OTP website to review the company's current performance by clicking on the source link.

    • Y
      1 / 1

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

      [Externally verified] The company has provided all valid legal documents to Open Timber Portal on forest management. Please note: Company scores on Open Timber Portal are updated daily. Visit the OTP website to review the company's current performance by clicking on the source link.

    • P
      0.83 / 1

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

      [Externally verified] The company has provided 10/12 valid legal documents to Open Timber Portal on timber harvesting. Please note: Company scores on Open Timber Portal are updated daily. Visit the OTP website to review the company's current performance by clicking on the source link.

    • N
      0 / 1

      28. Names and locations of all third-party supplying FMUs?

      The company sources timber from third-party FMUs for its trading activites, however it only states the name of the countries where this timber comes from.

    • Y
      1 / 1

      29. Number of company owned sawmills?

      4 - The company owns three sawmills in Gabon and one sawmill in Brazil.

    • Y
      1 / 1

      30. Names and locations of company owned sawmills?

      The names and locations of all company owned sawmills are directly linked on the company website.

    • 31. Number of company-owned pulp and paper mills?

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

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

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

    • Y
      1 / 1

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

      The company reports that all its sawmills processed wood harvested inside its own forests or concession areas. Data as of December 2021.

    • 34. 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 pulp or paper mills.

    • 35. Number of third party supplying mills?

      This indicator is disabled as the company reports that it does not source from supplying mills.

    • 36. Names and locations of all third party supplying mills?

      This indicator is disabled as the company reports that it does not source from supplying mills.

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

      This indicator is disabled as the company reports that it does not source from supplying mills.

    • Y
      1 / 1

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

      The company reports that it always applies a supply chain and traceability system, later referred to as Chain of Custody System (CoC), which allows it to control its supply chain and ensure traceability at every stage of its production, processing, and trading activities.

    • P
      0.98 / 1

      39. Percentage of supply traceable to country of harvest?

      98.49% of company's supply is PEFC (FM, CoC, or Controlled Wood) or FSC (FM or CoC) certified, including products coming from its own operations and from suppliers.

    • Y
      1 / 1

      40. Procedures to trace raw materials to FMU level?

      The company reports it always applies a supply chain and traceability system, later referred to as Chain of Custody System (CoC), which allows it to control its supply chain and ensure traceability at every stage of its production, processing, and trading activities.

    • P
      0.83 / 1

      41. Percentage of supply traceable to FMU level?

      Only the supply coming from the company's own operations (83% of all supply) is clearly traceable to FMU level. It is unclear which part of the products coming from third-parties (17% of total supply) is traceable to FMU level or FSC/PEFC FM-certified.

  • Certification standards Certification standards
    6.59 / 8 82.4%
    • Organisation: 0 / 0 0%
    • Policy: 3 / 4 75%
    • Practice: 3.6 / 4 89.8%
    • Self-reported: 2.9 / 4 73.5%
    • External: 0 / 4 0%
    • Certified: 0 / 4 0%
    • Y
      1 / 1

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

      The company is already 100% FSC (1997, 2008, 2009) and PEFC (2017, 2018) certified.

    • Y
      1 / 1

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

      100% - 872,795.55 ha FSC and PEFC certified (100% of the operational area).

    • N
      0 / 1

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

    • P
      0.94 / 1

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

      98.49% - The company states that 94.07% of all timber supply (from third-party and own concessions) was FSC or PEFC certified in 2021.

    • Y
      1 / 1

      46. Percentage area (ha) FSC FM certified?

      100% - 872,795.55 ha, 100% of the operational area.

    • Y
      1 / 1

      47. Time-bound plan for achieving 100% FSC FM certification of FMUs or achieved 100% FSC-certification of FMUs?

      The company reports that all of its forest operations are already 100% FSC FM certified.

    • P
      0.65 / 1

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

      65.16% - The company reports that 29,692.25 m3 of supply to trading operations is FSC FM certified out of a total of 45,570 m3 procured.

    • Y
      1 / 1

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

      The company states that it only sources wood/wood fibre that meets FSC Controlled Wood or PEFC controversial sources requirements for its trading activities, and the rest of its supply comes from its own concessions which are 100% FSC-FM certified.

    • 50. Percentage area (ha) PEFC certified (excluding FSC certified area)?

      This indicator is disabled as the company does not operate in a country with a PEFC-endorsed Sustainable Forest Management (SFM) standard.

  • Deforestation and biodiversity Deforestation and biodiversity
    19.75 / 23 85.9%
    • Organisation: 2 / 2 100%
    • Policy: 11.5 / 13 88.5%
    • Practice: 6.3 / 8 78.1%
    • Self-reported: 0.8 / 8 9.4%
    • External: 1.5 / 8 18.8%
    • Certified: 4 / 8 50%
    • Y
      1 / 1

      51. Commitment to zero conversion of natural ecosystems?

      The company reports its commitment to a deforestation and conversion-free supply chain and extends this commitment to all natural ecosystems.

    • Y
      1 / 1

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

      The company commits its suppliers to a deforestation and conversion-free supply chain and extends this commitment to all natural ecosystems.

    • Y
      1 / 1

      53. Commitment to zero deforestation?

      The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004 V2-0). Full points have therefore been awarded on the basis of the company's FSC certification. The company also reports its own commitment to a deforestation and conversion-free supply chain.

    • Y
      1 / 1

      54. Commitment to zero deforestation applies to all suppliers?

      The company commits its suppliers to a deforestation and conversion-free supply chain.

    • Y
      1 / 1

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

      The company makes this commitment through the FSC Principles and Criteria (FSC-STD-01-001 V5-2). Full points have therefore been awarded on the basis of the company's FSC certified landbank (either 100% or ≥75% and a further commitment to be 100% certified within 5 years). In addition, the company specifies a cut-off date in 2009.

    • P
      0.75 / 1

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

      The company has evidence on deforestation monitoring mentioned in the forest management plans of CEB and MIL as well as in its sustainability report. However, the information is not externally verified.

    • N
      0 / 1

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

    • Y
      1 / 1

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

      11.47 - In 2021, the company reported 11.47 ha of deforestation had occurred in its operational area since 2009. Deforestation had been committed by third parties.

    • Y
      1 / 1

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

      0 (0%) - In 2021, the company reported 0 ha of deforestation had occurred in supplier operations since 2009.

    • Y
      1 / 1

      60. Commitment to restoration of deforestation/conversion?

      The company reports its commitment to restoration of non-compliant deforestation.

    • Y
      1 / 1

      61. Commitment to restoration of deforestation/conversion applies to all suppliers?

      The company states that suppliers must restore non-compliant deforestation or conversion that happened after 2018.

    • P
      0.75 / 1

      62. Implementing a landscape or jurisdictional level approach?

      [Externally verified] Points for external verification have been awarded on the basis of the company's FSC FM certification (FSC-STD-01-001 V5-2 EN). As the Standard does not fully meet the SPOTT indicator criteria, limited, externally verified points have therefore been awarded. The company also reports that a convention has been elaborated between the government, the NGO Conservation Justice and itself aiming to implement a joint action plan for fauna conservation and anti-poaching measures in the landscape spanning the Ivindo National Parc and the company concession area.

    • P
      0.5 / 1

      63. Biodiversity policy?

      The company reports a commitment to protect biodiversity with a clear scope, however no measurable, time-bound target is reported.

    • N
      0 / 1

      64. Biodiversity policy applies to all suppliers?

      The company only states that suppliers must commit to biodiversity conservation, but no detailed policy or targets are reported.

    • P
      0.75 / 1

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

      [Externally verified] Limited, externally verified points have been awarded on the basis of the company's FSC FM (FSC-STD-01-001 V5-2) and PEFC FM (PEFC ST 1003:2018) certifications as the requirements do not fully meet the SPOTT indicator criteria. The company also reports that it identified species in its Forest Management plans but it does not reference an international/national system.

    • Y
      +
      1 / 1
      1 / 1

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

      Comprehensive, externally verified points have been awarded on the basis of the company's FSC FM (FSC-STD-01-001 V5-2) and PEFC FM (PEFC ST 1003:2018) certifications as the requirements fully meet the SPOTT indicator criteria. The company also reports examples of species and habitat conservation management in its concessions.

    • Y
      1 / 1

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

      The company reports its commitment to only sustainable hunting of species.

    • Y
      1 / 1

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

      The company commits its suppliers to apply sustainable hunting.

    • Y
      1 / 1

      69. Commitment to protect forest areas from illegal activities?

      The company makes this commitment through the FSC Principles and Criteria (FSC-STD-01-001 V5-2) and PEFC International Standard (PEFC ST 1003:2018). Full points have therefore been awarded on the basis of the company's FSC and PEFC certified landbank (either 100% or ≥75% and a further commitment to be 100% certified within 5 years).

    • Y
      1 / 1

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

      The company commits its suppliers to protect forests and other natural ecosystems from deforestation, conversion, and other illegal activities.

    • Y
      +
      1 / 1
      1 / 1

      71. Evidence of protecting forest areas from illegal activities?

      Comprehensive, externally verified points have been awarded on the basis of the company's FSC FM (FSC-STD-01-001 V5-2) and PEFC FM (PEFC ST 1003:2018) certifications as the requirements fully meet the SPOTT indicator criteria.

    • 72. Commitment to no use of genetically modified organisms?

      This indicator is disabled as the company reports that it only produces wood/wood fibre from natural forests.

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

      This indicator is disabled as the company reports to only source from natural forests.

  • HCV, HCS and impact assessments HCV, HCS and impact assessments
    5.25 / 8 65.6%
    • Organisation: 0 / 0 0%
    • Policy: 2 / 4 50%
    • Practice: 3.3 / 4 81.3%
    • Self-reported: 1.5 / 4 37.5%
    • External: 1.8 / 4 43.8%
    • Certified: 0 / 4 0%
    • Y
      1 / 1

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

      The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004 V2-0). Full points have therefore been awarded on the basis of the company's FSC certification. The company also reports its own commitment to conduct High Conservation Value (HCV) assessments.

    • N
      0 / 1

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

    • P
      0.75 / 1

      76. High Conservation Value (HCV) assessments available?

      High Conservation Value (HCV) assessments are available for all of the company's concessions. However, the assessments are not externally verified.

    • P
      0.75 / 1

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

      [Externally verified] The self-reported management and monitoring plans are available in the HCV assessments of the company concessions. A small amount of management information is included in one FSC audit report.

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

      This indicator is disabled as the company reports that it only produces wood/wood fibre from natural forests.

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

      This indicator is disabled as the company reports to only source from natural forests.

    • 80. High Carbon Stock (HCS) assessments available?

      This indicator is disabled as the company reports that it only produces wood/wood fibre from natural forests.

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

      This indicator is disabled as the company reports that it only produces wood/wood fibre from natural forests.

    • Y
      1 / 1

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

      The company makes this commitment through the FSC Principles and Criteria (FSC-STD-01-001 V5-2) and PEFC International Standard (PEFC ST 1003:2018). Full points have therefore been awarded on the basis of the company's FSC and PEFC certified landbank (either 100% or ≥75% and a further commitment to be 100% certified within 5 years).

    • N
      0 / 1

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

    • P
      0.75 / 1

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

      The SEIAs and associated management plans are available as a part of forest management plan for company's operations in Gabon. However, the forest management plan is not externally verified.

    • Y
      1 / 1

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

      [Externally verified] The company has provided all valid legal documents to Open Timber Portal on impact assessments. Please note: Company scores on Open Timber Portal are updated daily. Visit the OTP website to review the company's current performance by clicking on the source link.

  • Soils, fire and GHG emissions Soils, fire and GHG emissions
    16.75 / 17 98.5%
    • Organisation: 4 / 4 100%
    • Policy: 6 / 6 100%
    • Practice: 6.8 / 7 96.4%
    • Self-reported: 0.8 / 7 10.7%
    • External: 0 / 7 0%
    • Certified: 6 / 7 85.7%
    • 86. Commitment to no planting on peat of any depth?

      This indicator is disabled as the company reports that it only produces wood/wood fibre from natural forests.

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

      This indicator is disabled as the company reports that it only produces wood/wood fibre from natural forests.

    • Y
      1 / 1

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

      0 (0%) - The company reports it has no land or planted area on peatlands as of December 2020.

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

      This indicator is disabled as the company reports all peat is in conservation set-asides.

    • Y
      1 / 1

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

      The company reports that it does not have operations on peatland and has a commitment to best management practices for soil.

    • Y
      1 / 1

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

      The company reports that its commitment to best management practices for soils and peat applies to all suppliers.

    • Y
      +
      1 / 1
      1 / 1

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

      The company reports that it does not have operations on peatland. Comprehensive, externally verified points have been awarded on the basis of the company's FSC FM certification (FSC-STD-01-001 V5-2) as the requirements fully meet the SPOTT indicator criteria. Additional points have been awarded according to the percentage of company landbank certified by FSC. The company's FSC report also mentions a few examples of BMP's for soil.

    • Y
      1 / 1

      93. Commitment to reduced impact logging?

      Comprehensive, externally verified points have been awarded on the basis of the company's FSC FM certification (FSC-STD-01-001 V5-2) as the requirements fully meet the SPOTT indicator criteria. The company also has a commitment to reduced impact logging on its website.

    • Y
      1 / 1

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

      The company commits its suppliers to reduced impact logging.

    • Y
      +
      1 / 1
      1 / 1

      95. Evidence of implementing reduced impact logging practices?

      Comprehensive, externally verified points have been awarded on the basis of the company's FSC FM certification (FSC-STD-01-001 V5-2) as the requirements fully meet the SPOTT indicator criteria. Additional points have been awarded according to the percentage of company landbank certified by FSC. The company also states it keeps the number of new main roads to a minimum and prefers to open small secondary roads or reopen roads built during the last harvest cycle. As of 2021, 38.2 km of new main roads have been constructed out of the 230 km of roads being worked in 2021 (2020: 20/267).

    • 96. Commitment to zero burning?

      This indicator is disabled as the company reports that it only produces wood/wood fibre from natural forests.

    • 97. Commitment to zero burning applies to all suppliers?

      This indicator is disabled as the company reports to only source from natural forests.

    • Y
      +
      1 / 1
      1 / 1

      98. Evidence of fire monitoring and management?

      Comprehensive, externally verified points have been awarded on the basis of the company's PEFC FM certification (PEFC ST 1003:2018) as the requirements fully meet the SPOTT indicator criteria. Additional points have been awarded according to the percent of company landbank certified by PEFC. The company's own reporting mentions to use the data of the National Institute for Space Research INPE in Brazil and FIRMS-VIIRS data provided by NASA in Gabon to monitor fires.

    • Y
      1 / 1

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

      6 - For 2021, the company reports three slash and burn fires in its operations in Brazil and three slash and burn fires in its operations in Gabon. Zero natural wildfires were recorded.

    • Y
      1 / 1

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

      0 - The company reports that no wildfires were reported in supplier operations in 2020.

    • Y
      1 / 1

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

      The company aims to keep its overall intensity below 0.07 tC/m3/year over the coming 10 years.

    • Y
      1 / 1

      102. GHG emissions intensity?

      The company reports the CO2 intensity (tCO2/m3) for 2021 as 0.0558 tCO2/m3.

    • 103. GHG emissions from land use change?

      This indicator is disabled as the company reports that it only produces wood/wood fibre from natural forests.

    • P
      0.75 / 1

      104. Progress towards commitment to reduce GHG emissions intensity?

      The company's GHG emissions intensity for 2021 is reported as 0.0558 tCO2/m3 which is already below the company's target intensity of 0.07 tC/m3/year. However, this information is not externally verified.

    • Y
      1 / 1

      105. Methodology used to calculate GHG emissions?

      The company reports that its CO2 emission is calculated annually using the classification of the World Resources Institute (WRI).

  • Water, chemical and pest management Water, chemical and pest management
    15.75 / 16 98.4%
    • Organisation: 1 / 1 100%
    • Policy: 7 / 7 100%
    • Practice: 7.8 / 8 96.9%
    • Self-reported: 0.8 / 8 9.4%
    • External: 1 / 8 12.5%
    • Certified: 6 / 8 75%
    • 106. Time-bound commitment to improve water use intensity?

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

    • 107. Water use intensity?

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

    • 108. Progress towards commitment on water use intensity?

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

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

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

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

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

    • 111. Treatment of pulp and paper mill effluent?

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

    • P
      0.75 / 1

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

      The company reports that run-off from its production sites in Brazil and Gabon are directed to clarifying basins for treatment. However, the information reported is not externally verified.

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

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

    • Y
      1 / 1

      114. Commitment to protect natural waterways through buffer zones?

      The company makes this commitment through the FSC Principles and Criteria (FSC-STD-01-001 V5-2). Full points have therefore been awarded on the basis of the company's FSC certified landbank (either 100% or ≥75% and a further commitment to be 100% certified within 5 years). The company also reports that all watercourses and their banks are protected as environmentally valuable zones and remain under permanent protection.

    • Y
      +
      1 / 1
      1 / 1

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

      Comprehensive, externally verified points have been awarded on the basis of the company's FSC FM certification (FSC-STD-01-001 V5-2) as the requirements fully meet the SPOTT indicator criteria. Additional points have been awarded according to the percent of company landbank certified by FSC. The implementation of the commitment to protect natural waterways through buffer zones is also reported in the FSC report as well as in the latest sustainability report of the company.

    • Y
      1 / 1

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

      The company makes this commitment through the FSC Principles and Criteria (FSC-STD-01-001 V5-2). Full points have therefore been awarded on the basis of the company's FSC certified landbank (either 100% or ≥75% and a further commitment to be 100% certified within 5 years). The company also reports that it only uses non-toxic components approved by FSC and PEFC in its forest and milling operations and does not use any other chemicals such as fertilisers or pesticides in its sustainable forest operations.

    • Y
      1 / 1

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

      The company commits its suppliers to minimise the use of chemicals, including pesticides and chemical fertilisers.

    • 118. Evidence of eliminating chlorine and chlorine compounds for bleaching?

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

    • Y
      1 / 1

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

      The company makes this commitment through the FSC Principles and Criteria (FSC-STD-01-001 V5-2). Full points have therefore been awarded on the basis of the company's FSC certified landbank (either 100% or ≥75% and a further commitment to be 100% certified within 5 years). The company also reports its own commitment to no use of World Health Organisation (WHO) Class 1A and 1B pesticides.

    • Y
      1 / 1

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

      The company commits its suppliers to no use of World Health Organisation (WHO) Class 1A and 1B pesticides.

    • Y
      1 / 1

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

      The company makes this commitment through the FSC Principles and Criteria (FSC-STD-01-001 V5-2). Full points have therefore been awarded on the basis of the company's FSC certified landbank (either 100% or ≥75% and a further commitment to be 100% certified within 5 years). The company also reports its own commitment to no use of chemicals listed under the Stockholm Convention and Rotterdam Convention.

    • Y
      1 / 1

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

      The company commits its suppliers to no use of chemicals listed under the Stockholm Convention and Rotterdam Convention.

    • Y
      1 / 1

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

      The chemical usage figures of the company are reported in its FSC reports.

    • Y
      +
      1 / 1
      1 / 1

      124. Implementation of commitment to reduce chemical usage?

      Comprehensive, externally verified points have been awarded on the basis of the company's FSC FM certification (FSC-STD-01-001 V5-2) as the requirements fully meet the SPOTT indicator criteria. Additional points have been awarded according to the percentage of company landbank certified by FSC. The company also reports that it only uses non-toxic components approved by FSC and PEFC in its forest and milling operations and does not use any other chemicals such as fertilisers or pesticides in its sustainable forest operations.

    • Y
      +
      1 / 1
      1 / 1

      125. Integrated Pest Management (IPM) approach?

      Comprehensive, externally verified points have been awarded on the basis of the company's FSC FM certification (FSC-STD-01-001 V5-2) as the requirements fully meet the SPOTT indicator criteria. Additional points have been awarded according to the percentage of company landbank certified by FSC. The company also mentions in its sustainability report that it is mandatory for them under PEFC and FSC certification, to develop and apply IPM.

    • Y
      1 / 1

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

      [Externally verified] The company has a waste management plan in place for its concessions and the details of it are available in the forest management plans and FSC reports of the company.

  • Community, land and labour rights Community, land and labour rights
    33.92 / 38 89.3%
    • Organisation: 3 / 4 75%
    • Policy: 20 / 21 95.2%
    • Practice: 10.9 / 13 84%
    • Self-reported: 0.8 / 13 5.8%
    • External: 4.2 / 13 32.1%
    • Certified: 6 / 13 46.2%
    • Y
      1 / 1

      127. Commitment to human rights?

      The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004 V2-0). Full points have therefore been awarded on the basis of the company's FSC certification. The company also reports its own commitment to the Universal Declaration of Human Rights.

    • Y
      1 / 1

      128. Commitment to human rights applies to all suppliers?

      The company commits all suppliers to the Universal Declaration of Human Rights.

    • N
      0 / 1

      129. Progress on human rights commitment ?

    • Y
      1 / 1

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

      The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004 V2-0) and PEFC International Standard (PEFC ST 1003:2018). Full points have therefore been awarded on the basis of the company's FSC certification/FSC membership and the company's PEFC certified landbank (either 100% or ≥75% and a further commitment to be 100% certified within 5 years). The company also reports its own commitment to respect indigenous and local communities' rights on its website.

    • Y
      1 / 1

      131. Commitment to indigenous and local communities' rights applies to all suppliers?

      The company commits its suppliers to respect indigenous and local communities' rights.

    • Y
      1 / 1

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

      The company makes this commitment through the FSC Principles and Criteria (FSC-POL-01-004 V2-0 EN) and through the PEFC International Standard (PEFC ST 1003:2010). Full points have therefore been awarded on the basis of the company's FSC and PEFC certified landbank (either 100% or ≥75% and a further commitment to be 100% certified within 5 years). The company also reports its own commitment to respect legal and customary land tenure rights on its website.

    • Y
      1 / 1

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

      The company commits its suppliers to respect legal and customary land rights.

    • Y
      1 / 1

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

      The company makes this commitment through the FSC Principles and Criteria (FSC-STD-01-001 V5-2) and PEFC International Standard (PEFC ST 1003:2018). Full points have therefore been awarded on the basis of the company's FSC and PEFC certified landbank (either 100% or ≥75% and a further commitment to be 100% certified within 5 years). The company reports its commitment to free, prior and informed consent (FPIC) in its sustainability report and on its website.

    • Y
      1 / 1

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

      The company commits its suppliers to free, prior and informed consent (FPIC).

    • Y
      1 / 1

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

      The FPIC process is available in the latest sustainability report of the company.

    • Y
      1 / 1

      137. Examples of local stakeholder engagement to prevent conflicts?

      [Externally verified] Examples of local stakeholder engagement to prevent conflicts are available in the company's sustainability report as well as FSC audit report.

    • Y
      1 / 1

      138. Details of process for addressing land conflicts available?

      The details of the process for addressing land conflicts available are available in the latest sustainability report of the company.

    • P
      0.75 / 1

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

      The company reports information on the inclusion of women across forestry operations, including addressing barriers faced in its latest sustainability report. However, this information is not externally verified.

    • Y
      1 / 1

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

      [Externally verified] The company has provided all valid legal documents to Open Timber Portal on population rights. Please note: Company scores on Open Timber Portal are updated daily. Visit the OTP website to review the company's current performance by clicking on the source link.

    • Y
      1 / 1

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

      The company makes this commitment through the FSC Principles and Criteria (FSC-STD-01-001 V5-2). Full points have therefore been awarded on the basis of the company's FSC certified landbank (either 100% or ≥75% and a further commitment to be 100% certified within 5 years). The company also reports that to ensure the social, environmental, and economic sustainability of NTFPs, the same management principles as for wood production are applied.

    • Y
      1 / 1

      142. Commitment to provide essential community services and facilities ?

      The company makes this commitment through the FSC Principles and Criteria (FSC-STD-01-001 V5-2). Full points have therefore been awarded on the basis of the company's FSC certified landbank (either 100% or ≥75% and a further commitment to be 100% certified within 5 years). The company also reports its own commitment to provide essential community services and facilities on its website.

    • Y
      +
      1 / 1
      1 / 1

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

      The company makes this commitment through the FSC Principles and Criteria (FSC-STD-01-001 V5-2). Full points have therefore been awarded on the basis of the company's FSC certified landbank. The company also reports information on progress on commitment to provide essential community services and facilities.

    • Y
      1 / 1

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

      The company reports a commitment to provide business/work opportunities for local communities.

    • P
      0.67 / 1

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

      [Externally verified] The company has provided 4/6 valid legal documents to Open Timber Portal on labour regulations. Please note: Company scores on Open Timber Portal are updated daily. Visit the OTP website to review the company's current performance by clicking on the source link.

    • Y
      1 / 1

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

      The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004 V2-0) and the PEFC International Chain of Custody Standard (PEFC ST 1003:2018). Full points have therefore been awarded on the basis of the company's FSC certification/membership and 100% PEFC FM certified landbank.

    • Y
      1 / 1

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

      The company commits its suppliers to always respect Fundamental ILO Conventions or Free and Fair Labour Principles.

    • Y
      +
      1 / 1
      1 / 1

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

      Comprehensive, externally verified points have been awarded on the basis of the company's FSC FM (FSC-STD-01-001 V5-2) and PEFC FM (PEFC ST 1003:2018) certifications as the requirements fully meet the SPOTT indicator criteria. Additional points have been awarded according to the percentage of company landbank certified by FSC and PEFC.

    • Y
      1 / 1

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

      The company has a commitment to eliminate gender related discrimination with regards to employment.

    • N
      0 / 1

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

    • P
      0.75 / 1

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

      [Externally verified] Limited, externally verified points have been awarded on the basis the company's landbank is either 100% or ≥75% (and a further commitment to be 100% certified within 5 years) FSC FM certified (FSC-STD-01-001 V5-2) as the requirements do not fully meet the SPOTT indicator criteria. The company's own reporting mentions how gender equality is implemented in its forestry operations, however, limited details are reported.

    • 152. Percentage or number of temporary employees?

      This indicator is disabled as the company reports to have no temporary employees.  .

    • Y
      1 / 1

      153. Percentage or number of women employees?

      113 (7.3%) - Data as of 2021.

    • Y
      1 / 1

      154. Commitment to pay a living wage?

      The company commits to pay the living wage, when the minimum wage is lower than the living wage.

    • Y
      1 / 1

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

      The company commits its suppliers to pay minimum wages and if the minimum wage is below the living wage, the commitment covers living wages.

    • P
      0.75 / 1

      156. Progress on commitment to pay a living wage?

      [Externally verified] Limited, externally verified points have been awarded on the basis the company's landbank is either 100% or ≥75% (and a further commitment to be 100% certified within 5 years) FSC FM certified (FSC-STD-01-001 V5-2) as the requirements do not fully meet the SPOTT indicator criteria. The company's own reporting mentions legal minimum wage for Gabon and Brazil as € 229 and € 172, respectively and the company minimum wage for Gabon and Brazil as € 251 and € 232, respectively. However, this information is not externally verified.

    • N
      0 / 1

      157. Reporting of salary by gender?

    • Y
      1 / 1

      158. Commitment to address occupational health and safety?

      The company makes this commitment through the FSC Principles and Criteria (FSC-STD-01-001 V5-2) and PEFC International Standard (PEFC ST 1003:2018). Full points have therefore been awarded on the basis of the company's FSC and PEFC certified landbank (either 100% or ≥75% and a further commitment to be 100% certified within 5 years). The company also reports its own commitment to address health and safety at work, referencing the ILO Code of Practice on Safety and Health in Forestry Work.

    • Y
      1 / 1

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

      The company commits its suppliers to address health and safety at work, referencing the ILO Code of Practice on Safety and Health in Forestry Work.

    • Y
      +
      1 / 1
      1 / 1

      160. Provision of personal protective equipment and related training?

      Comprehensive, externally verified points have been awarded on the basis of the company's PEFC FM certification (PEFC ST 1003:2018) as the requirements fully meet the SPOTT indicator criteria. Additional points have been awarded according to the percentage of company landbank certified by PEFC. The information on provision of personal protective equipment and related training is also reported in the FSC and latest sustainability report of the company.

    • Y
      1 / 1

      161. Time lost due to work-based injuries?

      73 - The company reports 73 accidents and an accident rate of 4.7% in 2021.

    • Y
      1 / 1

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

      0 - The company reports that it did not have any fatal accidents since 2015. Data as of December 2021.

  • Smallholders and suppliers Smallholders and suppliers
    4.5 / 5 90%
    • Organisation: 0 / 0 0%
    • Policy: 3 / 3 100%
    • Practice: 1.5 / 2 75%
    • Self-reported: 1.5 / 2 75%
    • External: 0 / 2 0%
    • Certified: 0 / 2 0%
    • 163. Commitment to support smallholders?

      This indicator is disabled as the company reports that it does not source wood/wood fibre from smallholders.

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

      This indicator is disabled as the company reports that it does not source wood/wood fibre from smallholders.

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

      This indicator is disabled as the company reports that it does not source wood/wood fibre from smallholders.

    • Y
      1 / 1

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

      The company has a timber procurement policy in place which details the process used to prioritise, assess and/or engage suppliers on compliance with company's policy and legal requirements.

    • P
      0.75 / 1

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

      100% - Suppliers are assessed annually on compliance; in 2021 all suppliers were deemed to be compliant with the company's procurement policy.

    • Y
      1 / 1

      168. Suspension or exclusion criteria for suppliers?

      The company states the suspension criteria for suppliers in its timber and procurement policy.

    • Y
      1 / 1

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

      In 2021, all suppliers were deemed to be compliant with sourcing commitments via an annual assessment.

    • P
      0.75 / 1

      170. Proportion of direct and indirect supply that comes from FMUs which are compliant with timber and pulp sourcing policies?

      The company reports that in 2021, 100% of volume from third party suppliers was controlled according to its procurement guidelines. However, the information reported is not externally verified.

  • Governance and grievances Governance and grievances
    7.32 / 9 81.3%
    • Organisation: 0 / 0 0%
    • Policy: 5 / 5 100%
    • Practice: 2.3 / 4 58%
    • Self-reported: 0.8 / 4 18.8%
    • External: 1.6 / 4 39.3%
    • Certified: 0 / 4 0%
    • Y
      1 / 1

      171. Commitment to ethical conduct and prohibition of corruption?

      The company reports its commitment to ethical conduct and prohibition of corruption in its business ethics guideline document as well as in its sustainability report.

    • Y
      1 / 1

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

      The company reports that its suppliers are obliged to conduct ethically and exclude any type of corruption.

    • P
      0.75 / 1

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

      The company reports it has a 'Corporate Ethics Official' and all operating units also have 'Ethics Officials' designated to support the implementation of the Ethics Program. In addition, the company mentions that its business ethics guidelines were fully implemented in 2016, and no violations or corruption cases were reported between 2016 and 2021. However, the information reported is not externally verified.

    • Y
      1 / 1

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

      [Externally verified] The company has provided all valid legal documents to Open Timber Portal on legal registration. Please note: Company scores on Open Timber Portal are updated daily. Visit the OTP website to review the company's current performance by clicking on the source link.

    • Y
      1 / 1

      175. Disclosure of the company’s management approach to tax and payments to governments?

      The company's tax policy is available on its website.

    • P
      0.57 / 1

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

      [Externally verified] The company has provided 4/7 valid legal documents to Open Timber Portal on taxes, fees and royalties. Please note: Company scores on Open Timber Portal are updated daily. Visit the OTP website to review the company's current performance by clicking on the source link.

    • Y
      1 / 1

      177. Whistleblowing procedure?

      The company reports the details of its whistleblowing procedure in its sustainability report.

    • Y
      1 / 1

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

      The company has its own grievance system which is open to all stakeholders.

    • N
      0 / 1

      179. Details of complaints and 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 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.

Timber and pulp media reports (6) Last media reports:
No article found for the selected categories.
Show media reports
All media reports
Download as CSV

2

1

3

3

0

0

1

1

1

1


SPOTT is a ZSL initiative.
Zoological Society of London (ZSL)