Veracel

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

The company has a basic sustainability policy. However, only limited details are provided.

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

The company's supplier code of conduct covers basic social and environmental issues related to sustainable forestry. However, only limited details are provided.

3. High-level position of responsibility for sustainability?

The company reports that the director of sustainability and corporate relations (Luiz Tapia) is responsible for sustainability. However, no high-level position is identified outside the board of directors.

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

The company has a director of sustainability and corporate relations (Luiz Tapia).

5. Reports gender balance of senior management team?

The company reports 31.20% of females on the manager team. However, it does not refer specifically to the senior management team.

6. Reports gender balance of board members?

2 - The company reports two female members on its board of directors.

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] The company is a member of FSC, UNGC and the parent company (Suzano) is a member of PEFC, WBCSD and Natural Capital Coalition.

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

The company has a partnership with Photosynthesis Research Institute, linked to the DSAF (Development of Socio-environmental for Family Farming), to generate income for communities and promote biodiversity conservation. However, only limited details are provided.

9. Sustainability report published within last two years?

The company's latest sustainability report was published in 2025.

10. Reports through standardised reporting systems?

The company has reported in accordance with the GRI Standards for the period from January 1 to December 31, 2024, as per GRI 1: Fundamentals 2021.

11. Climate risks assessment available?

12. Natural capital assessment available?

13. Lists countries and operations?

Plantation and Production - Brazil.

14. Lists countries sourcing from?

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

202698 - The company reports the total land area managed/controlled for forestry as 202,698.1 ha. Data as of 2024.

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

This indicator is disabled as the company reports that it only has plantation-based operations OR does not produce wood/wood fibre.

17. Total area of forest plantation (ha)?

90561.2 - The company reports the total area of the forest plantation as 90,561.2 ha. Data as of 2024.

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

25402 - The company reports the area of plantation within out-grower schemes as 25,402 ha. Data as of 2024.

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

5445.5 - The company reports 5,445.5 ha of unplanted areas, however this information is between two and five years old.

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

112137 - The company reports the total preservation area as 112,136.9 ha.

21. Area of Intact Forest Landscape (ha)?

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

22. Number of Forest Management Units (FMUs)?

1 - The company reports one forest management unit in its FSC FM/CoC audit report.

23. Maps of forest management units (FMUs)?

The company provides a static map with coordinates in its public summary.

24. Forest management plans available for all FMUs?

The company publishes a forest management plan for its FMU.

25. Monitoring of forest management plan implementation available?

[Externally verified] 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). As the requirements of these certifications do not fully meet the SPOTT indicator criteria partial 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).

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 have forest management operations 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 have forest management operations 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 have forest management operations in a country currently covered by Open Timber Portal.

29. Maps of all third-party supplying FMUs?

30. Number of company owned sawmills?

This indicator is disabled as the company reports that it does not own any sawmills.

31. Names and locations of company owned sawmills?

This indicator is disabled as the company reports that it does not own any sawmills.

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

1 - The company reports that it has one mill.

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

The company reports the location of the mill in its latest sustainability report and FSC audit report.

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

This indicator is disabled as the company reports that it does not own any sawmills.

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

36. Number of third party supplying mills?

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

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

This indicator is disabled as the company reports that it does not source from 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?

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

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

The company makes this commitment through the FSC Chain of Custody Certification Standard (FSC-STD-40-004 V3-1) and the PEFC International Chain of Custody Standard (PEFC ST 2002:2020). As the requirements of these certifications do not fully meet the SPOTT indicator criteria partial points have been awarded on the basis of the company's FSC/PEFC CoC certification.

40. Percentage of supply traceable to country of harvest?

41. Procedures to trace raw materials to FMU level?

The company makes this commitment through the FSC Chain of Custody Certification Standard (FSC-STD-40-004 V3-1) and the PEFC International Chain of Custody Standard (PEFC ST 2002:2020). As the requirements of these certifications do not fully meet the SPOTT indicator criteria partial points have been awarded on the basis of the company's FSC/PEFC CoC certification.

42. Percentage of supply traceable to FMU level?

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

The company is 100% legality verified by FSC.

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

100% - 202,699.4 ha is verified as being legally compliant by FSC.

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?

100% - The company is 100% FSC FM certified.

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

The company is 100% FSC FM certified.

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?

The company commits to only source wood/wood fibre that meets FSC Controlled Wood requirements.

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

This indicator is disabled as the company reports that it does not produce wood/wood fibre OR does not operate in a country with a PEFC-endorsed SFM standard.

52. Commitment to zero conversion of natural ecosystems?

The company states that it manages its forest plantation areas with zero conversion of natural ecosystems.

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

54. Commitment to zero deforestation?

The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004 V3-0). Full points have therefore been awarded on the basis of the company's FSC certification. The company also states that it manages its forest plantation areas with zero conversion of natural ecosystems and without deforestation. However, it does not report a clear 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?

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.).

57. Criteria and cut-off date for defining deforestation and/or ecosystem conversion in supplier operations?

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

The company states that it uses satellite imagery to monitor deforestation. However, the scale and timeframe of the monitoring are not reported.

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?

The company reports that it has managed its forest plantation areas with zero conversion of natural ecosystems and without deforestation, as the plantations are carried out in human-altered areas. However, no cut-off date is provided.

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?

The company reports that its annual goal is to restore 400 ha and that it restored 411.06 ha in 2024. However, it does not provide a clear commitment to restore all instances of past deforestation or conversion and does not report a cut-off date.

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

The company commits suppliers to restore deforested/converted areas, but does not report a cut-off date.

64. Implementing a landscape or jurisdictional level approach?

[Externally verified] Points for external verification have been awarded on the basis of the company making this commitment through the FSC Principles and Criteria (FSC-STD-01-001 V5-2 EN) and the PEFC International Standard (PEFC ST 1003:2018). As the requirements of these certifications do not fully meet the SPOTT indicator criteria partial points have therefore been awarded on the basis of the company's FSC/PEFC certified landbank. The company also reports that it operates the RPPN Veracel Station and has implemented the Good Neighbour Programme to engage with the immediate neighbours of the RPPN. This program provides environmental education through the Veracel Environmental Education Programme (PEAV) team and includes checks and monitoring by the RPPN's physical protection team. It also supports beekeeping projects for families in the municipalities of Eunápolis, Itabela, Guaratinga, Itagimirim and Belmonte.

65. Biodiversity policy?

The company reports its approach to biodiversity protection, including monitoring and restoration activities, however no specific time-bound targets are provided.

66. Biodiversity policy applies to all suppliers?

67. 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 has also identified several species of conservation concern with reference to the IUCN. However, this information is not externally verified.

68. 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 provides examples of species and habitat conservation management in forests. One such example is the integrated biodiversity monitoring (BAMGES) initiative which aims to maintain or increase the environmental attributes of flora and fauna identified in areas of high conservation value (AAVC) on its properties. It also monitors eucalyptus plantations in collaboration with Suzano to propose measures for preventing, mitigating, controlling, or compensating for potential negative impacts on fauna, flora, or the physical environment.

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

The company commits to no hunting of all species in its operations.

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

The company commits suppliers to 'protect wildlife, being aware that hunting wild animals is not permitted in Brazil and is considered an environmental crime, as established by the Environmental Crimes Law, represented by federal law no. 9,605/1998'. However the language used in this commitment is unclear.

71. 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). The company also commits not to engage directly or indirectly in illegal logging or the trade of illegal forest or wood products.

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

The company commits suppliers to protect the natural ecosystems and plantations under their management from illegal activities.

73. 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.

74. Commitment to no use of genetically modified organisms?

The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004 V3-0) and through the PEFC International Standard (PEFC ST 1003:2018). Full points have therefore been awarded on the basis of the company's FSC certification 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 commits not to engage directly or indirectly introduction of genetically modified organisms in forestry operations.

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

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

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

The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004 V3-0). Full points have therefore been awarded on the basis of the company's FSC certification.

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

The company commits to only source wood that meets FSC controlled wood requirements.

78. High Conservation Value (HCV) assessments available?

The company has published a high conservation value assessment in its forest management plan report.

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

The company's high conservation value (HCV) management and monitoring plan is available in its forest management plan report.

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

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

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

82. High Carbon Stock (HCS) assessments available?

This indicator is disabled as the company does not produce wood/wood fibre OR only has natural forest operations OR has not undertaken any new planting since January 2015.

83. 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 does not produce wood/wood fibre OR only has natural forest operations OR has not undertaken any new planting since April 2015 OR if all new planting has been undertaken since November 2017 and has been covered under combined HCV-HCS assessments.

84. 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).

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?

The company's forest management plan report includes its social and environmental impact assessments and the 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 have forest management operations in a country currently covered by Open Timber Portal.

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

The company's environment manager states that the company does not plant on peat of any depth, however, it does not report a clear commitment.

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

The company commits suppliers to not plant on peat but does not specify all depths of peat.

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

The company states that it does not plant on peat of any depth, however, it is unclear whether it has any landbank on peat in other areas (e.g., unplanted areas).

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

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

The company makes this commitment for soil only through the FSC Principles and Criteria (FSC-STD-01-001 V5-2). As the requirements do not fully meet the SPOTT indicator criteria partial 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).

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

The company commits all suppliers to best management practices for soils only.

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

Limited, 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 do not fully meet the SPOTT indicator criteria.

95. Commitment to reduced impact logging?

This indicator is disabled as the company reports that it only has plantation-based operations OR does not produce wood/wood fibre.

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

This indicator is disabled as the company reports that it does not source wood/wood fibre from third-party suppliers.

97. Evidence of implementing reduced impact logging practices?

This indicator is disabled as the company reports that it only has plantation-based operations OR does not produce wood/wood fibre.

98. Commitment to zero burning?

The company makes this commitment through the PEFC International Standard (PEFC ST 1003:2018). As the requirements do not fully meet the SPOTT indicator criteria partial points have therefore been awarded on the basis of 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 that it does not use fire in its forest management units. However, the commitment is unclear and does not cover all operations.

99. Commitment to zero burning applies to all suppliers?

The company commits suppliers to protect its forest areas against burning, however the commitment is not explicit.

100. 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.

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

53 - The company reports that it identified 53 fire incidents in 2024.

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 a total GHG emissions intensity of 0.30 (tCO2/tsa) in 2024.

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

This indicator is disabled as the company reports that it only has natural-forest based operations OR does not produce wood/wood fibre.

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

107. Progress towards commitment to reduce GHG emissions intensity?

The company reports a decrease in GHG emission intensity from 2023 (0.46 tCO2/tsa) to 2024 (0.3 tCO2/tsa).

108. Methodology used to calculate GHG emissions?

The company reports that it uses the GHG protocol to calculate GHG emissions.

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

The company commits to reduce water intensity by 18 m3/tsa by the year 2025.

110. Water use intensity?

20.7 - The company reports a water use intensity of 20.7 m³/tsa in 2024.

111. Progress towards commitment on water use intensity?

The company reports an increase in water use intensity from 2023 (20.06 m3/tsa) to 2024 (20.7 m3/tsa).

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

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

The company reports an increase in water quality from the year 2020 to 2021. However, the information is between two and five years old.

114. Treatment of pulp and paper mill effluent?

The company reports the process of the effluent treatment station (ETE) for wastewater from pulp and paper mills. It also complies with the discharge standards established by Conama Resolutions.

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

This indicator is disabled as the company reports that it does not own any sawmills.

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

117. 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 it maintains riparian forests and utilises mosaic plantations for wood harvesting. However, the commitment to buffer or riparian zones is unclear.

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

[Externally verified] 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.

119. 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.).

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

The company commits all suppliers to minimise the use of chemical fertilisers and pesticides.

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

122. 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.).

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?

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.).

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

The company commits all suppliers to not use Stockholm and Rotterdam Convention chemicals.

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

The company reports list chemical usage per ha.

127. Implementation of commitment to minimise inorganic fertiliser 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 percent of company landbank certified by FSC.

128. 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 percent of company landbank certified by FSC.

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

[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 has a waste treatment centre and a system in place to address various forms of waste generated by its operations.

130. Commitment to human rights?

The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004 V3-0). Full points have therefore been awarded on the basis of the company's FSC certification. The company also commits to the UN Guiding Principles on Business and Human Rights (UNGPs).

131. Commitment to human rights applies to all suppliers?

The company commits all suppliers to the United Nations Guiding Principles on Business and Human Rights.

132. Progress on human rights commitment ?

The company reports that it carries out a due diligence process for its employees to identify and assess human rights risks in order to prevent, mitigate and eliminate risks. It also conducts a human rights impact assessment. However, the information is not externally verified.

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

The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004 V3-0) 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 states that it respects the laws and rights of indigenous communities.

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

The company commits to the rights and protection of indigenous and/or traditional communities that apply to all suppliers. However, it does not refer to the UN Declaration/ILO.

135. 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 commits to and respects legal and customary (or traditional) rights to land, fisheries and forest tenure (or ownership) within the national food security framework.

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

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

137. 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).

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

The company commits 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?

[Externally verified] Limited, 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 do not fully meet the SPOTT indicator criteria. The company also states that it has mechanisms for resolving conflicts and establishes criteria for amicable or judicial solutions involving rights of use, possession and ownership of land.

141. Details of process for addressing land conflicts available?

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). As the requirements of these certifications do not fully meet the SPOTT indicator criteria partial 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 directly reports that it has a land conflict resolution process but only limited details are provided.

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

[Externally verified] The company reports that it supports the inclusion of women in forestry operations by offering training courses and providing learning and internship opportunities both within and outside the company. It also reports that it has an initiative to increase the inclusion of women in forestry operations, including an exclusive forestry operations course for women.

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 have forest management operations in a country currently covered by Open Timber Portal.

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

This indicator is disabled as the company reports that it only has plantation-based operations OR does not produce wood/wood fibre.

145. 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.).

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

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.

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

The company provides business and work opportunities for local communities and gives preference to neighbours when advertising jobs and commitment to the valuation of local labour.

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 have forest management operations in a country currently covered by Open Timber Portal.

149. 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 V3-0) 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 and 100% PEFC FM certified landbank. The company also commits to the ILO Declaration on Fundamental Principles and Rights of Labour.

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

The company commits to the ILO Declaration on Fundamental Principles and Rights at Work applies to all suppliers.

151. 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 percent of company landbank certified by either FSC or PEFC, whichever is highest.

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

The company commits to eliminate gender-related discrimination with regard to employment.

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

The company requires suppliers to promote employees regardless of gender.

154. 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 also reports procedures, monitoring, investigation channels, and corrective measures taken.

155. Percentage or number of temporary employees?

35 (3.42%) - The company reports a total of 35 (3.42%) temporary employees. Data as of 2024.

156. Reports gender balance of employees?

240 (23.5%) - The company reports 240 (23.50%) women employees in 2024.

157. Commitment to pay a living wage?

The company makes this commitment through the FSC Principles and Criteria (FSC-STD-01-001 V5-2). As the requirements do not fully meet the SPOTT indicator criteria partial 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 the minimum wage of gender. However, the commitment to pay a living wage is unclear.

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

159. 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 only provides evidence that workers are paid minimum wages. However, the information is between two and five years old.

160. Reporting of salary by gender?

The company reports salary by gender for each employee category.

161. 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).

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

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

163. 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 percent of company landbank certified by PEFC.

164. Time lost due to work-based injuries?

0.0003 - The company reports an accident rate of 0.0003% in 2024.

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

0 - The company reports no fatalities in 2024.

166. Commitment to support smallholders?

The company commits to support smallholders.

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

The company has a Forest Producer Programme (PPF) that involves planting eucalyptus in partnership with rural landowners. It supports producers by promoting good management practices, income generation and taxation, land deconcentration and production diversification for suppliers. The company also reports that it has partnered with over 170 forest producers, with a total planted area of 25,402 ha, generating an income of $ 95 million in 2024. However, the information is not externally verified.

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

170 - The company states that it has supported over 170 smallholder farmers through the Forest Producer Program. However, the information is not externally verified.

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

The company reports it has processes to engage and audit suppliers on compliance but only limited details are provided.

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

19 - The company reports that 19 suppliers were evaluated through audits in 2021. However, it is unclear if this information covers all suppliers and the data is between two and five years old.

171. Suspension or exclusion criteria for suppliers?

The company reports 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 reports that it conducts annual training on the code of ethical conduct, anti-corruption, and compliance procedures. It also participates in the United Nations Global Compact to Combat Corruption. However, the information 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 have forest management operations 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 have forest management operations in a country currently covered by Open Timber Portal.

180. Whistleblowing procedure?

The company reports that it has whistleblowing procedures.

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

The company has grievance and communication channels open to all stakeholders.

182. Details of complaints and grievances disclosed?

The company reports that, in 2024, 94% of cases were received, analysed, and resolved, while the remaining 6% were completed in early 2025.