Veracel
Timber and pulp assessment- Latest update: July 2020
- Next scheduled: July 2021
Download data (CSV)
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About this company:
Veracel was established in 1991, and is headquartered... Read more.
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Parent company:Suzano/Fibria- 50%, Stora Enso- 50%
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Landbank91,882 hectares
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Thomson Reuters ticker:Private company
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Bloomberg ticker:Private company
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Website:
Company assessment: Veracel – July 2020
Assessment date:
Score by disclosure type:
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Sustainability policy and leadership
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1. Sustainable forestry policy or commitment for all its operations?
The company has only a general management policy which covers some aspects of sustainability.
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0 / 12. Sustainable forestry policy or commitment applies to all suppliers?
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0 / 1
3. High-level position of responsibility for sustainability?
The high level position of responsibility reported for sustainability is 'Chief Sustainability and Corporate Relations Officer' who is a member of board.
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4. One or more members within the board of the company have responsibility for sustainability?
1 - Chief Sustainability and Corporate Relations Officer is a member of the board with responsibility for sustainability.
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5. Percentage or number of women in senior management team?
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6. Percentage or number of women board members?
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7. Member of multiple industry schemes or other external initiatives to reduce negative environmental or social outcomes associated with timber and pulp production?
FSC and GRI member.
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8. Collaboration with stakeholders to reduce negative environmental or social outcomes associated with timber and pulp production?
Participant in WWF's New Generation Plantation Platform.
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9. Sustainability report published within last two years?
Sustainability report for 2019 is available.
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10. Reports through standardised reporting systems?
Report prepared in accordance with GRI standards and published on GRI database.
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0 / 1
11. Climate risks assessment available?
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0 / 1
12. Natural capital assessment available?
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Landbank, maps and traceability
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13. Lists countries and operations?
Brazil - plantation and production facilities.
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14. Lists countries sourcing from?
This indicator is disabled as the company reports that it does not trade wood/wood fibre.
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15. Total area of natural forest designated for wood/wood fibre production (ha)?
This indicator is disabled as the company reports that it only produces wood/wood fibre from plantation forests.
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16. Total area of forest plantation (ha)?
91,882 - Data as of 2018.
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17. Area of plantation/natural forest within outgrower schemes (ha)?
22,452 - Area within Forest Producer Program - data as of 2018.
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18. Unplanted (areas designated for future development as plantation forest) (ha)?
10,090 - Data as of 2018.
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19. Conservation set-aside area, including HCV area (ha)?
98,100 - Data as of 2018.
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20. Area of Intact Forest Landscape (ha)?
This indicator is disabled as the company has informed ZSL that it doesn't have any intact forest landscapes within its landbank.
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21. Number of Forest Management Units (FMUs)?
1 - Data as of 2018.
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0 / 1
22. Maps of forest management units (FMUs)?
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23. Forest management plans available for all FMUs?
Forest Management Plan is publicly available.
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24. Monitoring of forest management plan implementation available?
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25. 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 doesn't operate in a geography currently covered by Open Timber Portal.
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26. 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 doesn't operate in a geography currently covered by Open Timber Portal.
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27. 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 doesn't operate in a geography currently covered by Open Timber Portal.
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0 / 1
28. Names and locations of all third-party supplying FMUs?
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29. Number of company owned sawmills?
This indicator is disabled as the company reports that it doesn't own sawmills.
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30. Names and locations of company owned sawmills?
This indicator is disabled as the company reports that it doesn't own sawmills.
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31. Number of company-owned pulp and paper mills?
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32. Names and locations of company-owned pulp and paper mills?
Address of mill available.
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33. Reports total volumes (or percentages) sourced by company-owned sawmills that come from company's own operations and/or third-parties?
This indicator is disabled as the company reports that it doesn't own sawmills.
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34. Reports total volumes (or percentages) sourced by company-owned pulp and paper mills that come from company's own operations and/or third-parties?
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35. Number of third party supplying mills?
This indicator is disabled as the company reports that it doesn't source from supplying mills.
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36. Names and locations of all third party supplying mills?
This indicator is disabled as the company reports that it doesn't source from supplying mills.
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37. Reports total volume (or percentages) sourced from third-party supplying mills that come from the supplying mills' own operations and/or third parties?
This indicator is disabled as the company reports that it doesn't source from supplying mills.
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38. Procedures to trace raw materials to country of harvest?
The company has FSC/Cerflor CoC certification and states to use the FSC/Cerflor due diligence system and controlled wood criteria for non-certified supply to trace all raw materials to the origin.
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39. Percentage of supply traceable to country of harvest?
100 - The company has FSC/Cerflor CoC certification and states to use the FSC/Cerflor due diligence system and controlled wood criteria for non-certified supply to trace all raw materials to the origin.
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40. Procedures to trace raw materials to FMU level?
The company has FSC/Cerflor CoC certification and states to use the FSC/Cerflor due diligence system and controlled wood criteria for non-certified supply to trace all raw materials to the origin.
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41. Percentage of supply traceable to FMU level?
The company has FSC/Cerflor CoC certification and states to use the FSC/Cerflor due diligence system and controlled wood criteria for non-certified supply to trace all raw materials to the origin.
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Certification standards
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0 / 1
42. Time-bound plan for achieving 100% third-party legality verification of FMUs or achieved?
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43. Percentage area (ha) verified as being in legal compliance by a third party?
87.78% - 197,208 ha is FSC-certified, out of a total reported landbank of 224,644 ha.
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44. Time-bound plan to source only wood/wood fibre that is in legal compliance verified by a third party?
The company commits to only source wood that is either FSC or Cerflor certified or fulfils the FSC Controlled Wood however it is unclear if the non-FSC/PEFC-certified part of the wood supply is FSC CW certified or the company checks the criteria itself, therefore not externally verified by a third party.
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0 / 1
45. Percentage of all wood/wood fibre supply traded/processed verified as being in legal compliance by a third party?
87.8% of the total landbank of the company is FSC-certified. The company has not reported for percentage of wood/wood fibre supply verified as being in legal compliance by a third party.
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46. Percentage area (ha) FSC FM certified?
87.78% - 197,208 ha is FSC-certified, out of a total reported landbank of 224,644 ha.
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0 / 1
47. Time-bound plan for achieving 100% FSC FM certification of FMUs or achieved 100% FSC-certification of FMUs?
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0 / 1
48. Percentage of wood/wood fibre supply (tonnes) from all suppliers that comes from FSC FM certified areas?
The company has contracts with forest producers under the PPF program but the company has not reported on the percentage of supply that comes from FSC FM certified areas of PPF program or any independent suppliers.
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49. Commitment to source only wood/wood fibre that meets FSC Controlled Wood and/or PEFC Controversial Sources requirements?
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0 / 1
50. Percentage area (ha) PEFC certified (excluding FSC certified area)?
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Deforestation and biodiversity
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51. Commitment to zero deforestation or zero conversion of natural ecosystems?
The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004). Full points have therefore been awarded on the basis of the company's FSC-certification/FSC membership.
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52. Commitment to zero deforestation or zero conversion of natural ecosystems applies to all suppliers?
The company states in its Wood Purchase Policy that no wood will be sourced from natural forest that has been converted into non-forest use or plantation forests.
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53. Criteria for defining deforestation?
The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004). Full points have therefore been awarded on the basis of the company's FSC-certification/FSC membership.
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54. Evidence of monitoring deforestation?
The company monitors vegetation cover and land use on its area via an initiative by The BioAtlantic Institute (IBIO) which is updated every three years. Monitoring includes satellite images and on-site verifications.
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0 / 1
55. Amount of illegal/non-compliant deforestation recorded?
Data for monitoring is over two years old.
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0 / 1
56. Amount of illegal//non-compliant deforestation recorded in supplier operations?
Data for monitoring is over two years old.
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0 / 1
57. Commitment to restoration of non-compliant deforestation/conversion?
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0 / 1
58. Commitment to restoration of non-compliant deforestation/conversion applies to all suppliers?
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59. Implementing a landscape or jurisdictional level approach?
Landscape management using Atlantic Forest Program.
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60. Commitment to biodiversity conservation?
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61. Commitment to biodiversity conservation applies to all suppliers?
Applies to producers under PPF program.
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62. Identified species of conservation concern, referencing international or national system of species classification?
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63. Examples of species and/or habitat conservation management?
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64. Commitment to no hunting or only sustainable hunting of species?
The company practices joint efforts to combat hunting but no formal commitment available.
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0 / 1
65. Commitment to no hunting or only sustainable hunting of species applies to all suppliers?
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66. Commitment to protect forest areas from illegal activities?
The company commits to protect HCV area through patrols, but does not mention it's wider operational area.
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0 / 1
67. Commitment to protect forest areas from illegal activities applies to all suppliers?
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1 / 1
0.88 / 168. Evidence of protecting forest areas from illegal activities?
Points for external verification have been awarded on the basis of the company's FSC-certified landbank.
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69. Commitment to no use of genetically modified organisms?
The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004). Full points have therefore been awarded on the basis of the company's FSC-certification/FSC membership.
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70. Commitment to no use of genetically modified organisms applies to all suppliers?
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HCV, HCS and impact assessments
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71. Commitment to conduct High Conservation Value (HCV) assessments?
The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004). Full points have therefore been awarded on the basis of the company's FSC-certification/FSC membership.
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72. Commitment to conduct High Conservation Value (HCV) assessments applies to all suppliers?
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73. High Conservation Value (HCV) assessments available?
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74. High Conservation Value (HCV) management and monitoring plans available?
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0 / 1
75. Commitment to the High Carbon Stock (HCS) Approach?
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0 / 1
76. Commitment to the High Carbon Stock (HCS) Approach applies to all suppliers?
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0 / 1
77. High Carbon Stock (HCS) assessments available?
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78. Commitment to conduct social and environmental impact assessments (SEIAs)?
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0 / 1
79. Commitment to conduct social and environmental impact assessments (SEIAs) applies to all suppliers?
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80. Social and environmental impact assessments (SEIAs) available, and associated management and monitoring plans?
Summary of SEIAs is available.
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81. 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 doesn't operate in a geography currently covered by Open Timber Portal.
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Soils, fire and GHGs
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0 / 1
82. Commitment to no planting on peat of any depth?
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0 / 1
83. Commitment to no planting on peat of any depth applies to all suppliers?
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0 / 1
84. Landbank or planted area on peat (ha)?
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0 / 1
85. Implementation of commitment to no planting on peat of any depth?
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86. Commitment to best management practices for soils and peat?
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87. Commitment to best management practices for soils and peat applies to all suppliers?
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88. Evidence of best management practices for soils and peat?
The company reports that it does not have operations on peatland. Points for external verification have been awarded on the basis of the company's FSC-certified landbank.
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89. Commitment to reduced impact logging?
This indicator is disabled as the company reports that it only produces wood/wood fibre from plantation forests.
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90. Commitment to reduced impact logging applies to all suppliers?
This indicator is disabled as the company reports that it only sources wood/wood fibre from plantation forests.
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91. Evidence of implementing reduced impact logging practices?
This indicator is disabled as the company reports that it only produces wood/wood fibre from plantation forests.
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92. Commitment to zero burning?
The company has no direct commitment to zero burning but reports through its management plan to prevent and fight forest fires.
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0 / 1
93. Commitment to zero burning applies to all suppliers?
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94. Evidence of fire monitoring and management?
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0 / 1
95. Details/number of hotspots/fires in company FMUs?
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0 / 1
96. Details/number of hotspots/fires in suppliers operations?
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0 / 1
97. Time-bound commitment to reduce greenhouse gas (GHG) emissions intensity?
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0 / 1
98. GHG emissions intensity?
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0 / 1
99. GHG emissions from land use change?
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0 / 1
100. Progress towards commitment to reduce GHG emissions intensity?
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0 / 1
101. Methodology used to calculate GHG emissions?
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Water, chemical and waste management
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102. Time-bound commitment to improve water use intensity?
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103. Water use intensity?
Data as of 2018.
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104. Progress towards commitment on water use intensity?
The company does not have a clear commitment on water use intensity but the company reports water use intensity figures.
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105. Time-bound commitment to improve water quality (BOD and COD)?
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106. Progress towards commitment on water quality (BOD and COD)?
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107. Treatment of pulp and paper mill effluent?
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108. Evidence of sawmill run-off containment and wastewater treatment?
This indicator is disabled as the company reports that it doesn't own sawmills.
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0 / 1
109. Proportion of processing facilities with closed-loop water treatment system?
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110. Commitment to protect natural waterways through buffer zones?
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111. Implementation of commitment to protect natural waterways through buffer zones?
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112. Commitment to minimise the use of chemicals, including pesticides and chemical fertilisers?
The company commits to reduce the use of chemicals but does not specify that it will limit the use of chemical pesticides or chemical fertilisers.
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0 / 1
113. Commitment to minimise the use of chemicals, including pesticides and chemical fertilisers, applies to all suppliers?
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0 / 1
114. Evidence of eliminating chlorine and chlorine compounds for bleaching?
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0 / 1
115. Commitment to no use of World Health Organisation (WHO) Class 1A and 1B pesticides?
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0 / 1
116. Commitment to no use of World Health Organisation (WHO) Class 1A and 1B pesticides applies to all suppliers?
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0 / 1
117. Commitment to no use of chemicals listed under the Stockholm Convention and Rotterdam Convention?
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0 / 1
118. Commitment to no use of chemicals listed under the Stockholm Convention and Rotterdam Convention applies to all suppliers?
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119. Chemical usage per ha or list of chemicals used?
The company reports chemical usage per hectare as well as a list of chemicals used.
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120. Implementation of commitment to reduce chemical usage?
Points for external verification have been awarded on the basis of the company's FSC-certified landbank.
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121. Integrated Pest Management (IPM) approach?
Points for external verification have been awarded on the basis of the company's FSC-certified landbank.
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122. Waste management system in place to avoid negative impacts?
The company reports it has a waste management system.
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Community, land and labour rights
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123. Commitment to human rights?
The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004). Full points have therefore been awarded on the basis of the company's FSC-certification/FSC membership. The company reports the commitment to human rights through its code of conduct policy as well.
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124. Commitment to human rights applies to all suppliers?
The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004). Full points have therefore been awarded on the basis of the company's FSC-certification/FSC membership. The company reports the commitment to human rights and its application to all suppliers through the code of conduct policy as well.
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125. Progress on human rights commitment ?
In 2019, there were 501.26 hours of training in Human Rights were logged for a total of 602 employees.
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126. Commitment to respect Indigenous and local communities' rights?
The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004). Full points have therefore been awarded on the basis of the company's FSC-certification/FSC membership.
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127. Commitment to Indigenous and local communities' rights applies to all suppliers?
The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004). Full points have therefore been awarded on the basis of the company's FSC-certification/FSC membership.
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128. Commitment to respect legal and customary land tenure rights?
The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004). As the Policy for Association's requirements do not fully meet the SPOTT indicator criteria partial points have been awarded on the basis of the company's FSC-certification/FSC membership.
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129. Commitment to legal and customary land rights applies to all suppliers?
The company makes this commitment through the FSC Policy for Association (FSC-POL-01-004). As the Policy for Association's requirements do not fully meet the SPOTT indicator criteria partial points have been awarded on the basis of the company's FSC-certification/FSC membership.
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0 / 1
130. Commitment to free, prior and informed consent (FPIC)?
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0 / 1
131. Commitment to free, prior and informed consent (FPIC) applies to all suppliers?
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0 / 1
132. Details of free, prior and informed consent (FPIC) process available?
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133. Examples of local stakeholder engagement to prevent conflicts?
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0 / 1
134. Details of process for addressing land conflicts available?
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135. Supports the inclusion of women across forestry operations, including addressing barriers faced?
[Externally verified] A collective agreement signed with Union of Rural Workers of Eunápolis establishes a period of leave of up to eight months for pregnant women and in periods of breastfeeding and/or relocation of function.
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136. 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 doesn't operate in a geography currently covered by Open Timber Portal.
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137. 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 produces wood/wood fibre from plantation forests.
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138. Commitment to provide essential community services and facilities ?
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139. Progress on commitment to provide essential community services and facilities?
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140. Commitment to provide business/work opportunities for local communities?
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141. 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 doesn't operate in a geography currently covered by Open Timber Portal.
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142. Commitment to Fundamental ILO Conventions or Free and Fair Labour Principles?
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143. Commitment to Fundamental ILO Conventions or Free and Fair Labour Principles applies to all suppliers?
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144. Progress on commitment to respect all workers' rights?
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145. Commitment to eliminate gender related discrimination with regards to employment?
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146. Commitment to eliminate gender related discrimination with regards to employment applies to all suppliers?
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147. Progress on commitment to eliminate gender related discrimination with regards to employment?
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148. Percentage or number of temporary employees?
This indicator is disabled as the company has informed ZSL that it doesn't have temporary employees.
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149. Percentage or number of women employees?
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150. Commitment to pay at least minimum wage?
Lowest salary (in R$) paid in 2018 is 20.02% higher than the local minimum wage.
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0 / 1
151. Commitment to pay at least minimum wage applies to all suppliers?
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152. Progress on commitment to pay at least minimum wage?
100% - The company reports that the lowest salary paid by the company was 15.28% higher than the local minimum wage in 2019.
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153. Reporting of salary by gender?
The company reports the pay for apprentices by gender.
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154. Commitment to address occupational health and safety?
The company commits to ensuring health and safety. No reference to the ILO Code of Practice on Safety and Health in Forestry work could be identified.
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155. Commitment to address occupational health and safety applies to all suppliers?
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156. Provision of personal protective equipment and related training?
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157. Time lost due to work-based injuries?
0 - Data as of 2018.
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158. Number of fatalities as a result of work-based accidents?
0 - The company reports zero fatalities as a result of work-based accidents for the year 2018.
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Smallholders and suppliers
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159. Commitment to support smallholders?
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160. Programme to support outgrower scheme and/or independent smallholders?
Forest Producer Program (PPF).
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161. Percentage of outgrower scheme and/or independent smallholders involved in programme?
97 - As of 2018, the company's Forest Producer Program comprised 97 producers.
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162. Process used to prioritise, assess and/or engage suppliers on compliance with company's policy and/or legal requirements?
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163. Number or percentage of suppliers assessed and/or engaged on compliance with company's policy and/or legal requirements?
100 (100%) - Data as of 2017.
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164. Suspension or exclusion criteria for suppliers?
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0 / 1
165. Timebound action plans (including Key Performance Indicators) for suppliers to be in compliance with timber and pulp sourcing commitments?
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166. Proportion of direct and indirect supply that comes from FMUs which are compliant with timber and pulp sourcing policies?
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Governance and grievances
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167. Commitment to ethical conduct and prohibition of corruption?
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168. Commitment to ethical conduct and prohibition of corruption applies to all suppliers?
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169. Progress on commitment to ethical conduct and prohibition of corruption?
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170. 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 doesn't operate in a geography currently covered by Open Timber Portal.
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0 / 1
171. Disclosure of the company's management approach to tax and payments to governments?
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172. 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 doesn't operate in a geography currently covered by Open Timber Portal.
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173. Whistleblowing procedure?
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174. Own grievance or complaints system open to all stakeholders?
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175. Details of complaints and grievances disclosed?
The company only reports broad details of grievances received in relation to discrimination.
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SPOTT scores are based on the presence of external evidence made available by the company or third-parties.
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No date
Management System
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No date
Sustainability Report 2019
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No date
FSC members list webpage
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No date
NGP- Veracel
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No date
Veracel Sustainability Report 2018 base year 2017
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No date
Summary of Management Plan 2018- Veracel
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No date
Resumo Público de Auditoria anual 2019 do Manejo Florestal da: Veracel Celulose S/A (Public Summary of Annual audit 2019 Forest Management of:Veracel Celulose S / A)
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No date
Política de Compra de Madeira da Veracel (Veracel's Wood Purchase Policy)
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No date
FSC FM/CoC certificate
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No date
Monitoring Vegetation Coverage in Southern Bahia (BA)
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No date
Environmental monitroing
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No date
Website page on Atlantic Forest Program
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2019
Sustainability Report
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No date
Auditoria de Monitoramento 2020 Veracel Celulose S.A (Monitoring Audit 2020 Veracel Celulose S.A)
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No date
Resumo Público de Avaliação de Recertificação do Manejo Florestal (Public Summary of Recertification Evaluation Forest Management)
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No date
Resumo do Plano de Manejo Integrado (Summary of the Integrated Management Plan)
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No date
Sustainability Report 2018
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2019
Seleção de indicadores Global Report Initiatives (GRI) - ano 2019 (Selection of Global Report Initiatives (GRI) indicators - year 2019)
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No date
Code of Conduct- Veracel
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No date
Sustainability Report 2017
Media monitor: Veracel
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.
Last media reports:
December 2019
Gigante nórdica de celulose é acusada de invadir terras e desmatar a Mata Atlântica no sul da Bahia (Nordic pulp giant accused of invading land and clearing Atlantic Forest in southern Bahia)
September 2019
Stora Enso ei näe ongelmaa Brasilian sellun tuonnissa – yhtiön puuviljelmät eivät tuhoa sademetsiä (Stora Enso sees no problem with Brazilian pulp imports - company plantations do not destroy rainforests)
July 2019
Denúncias contra Veracel Celulose “desaparecem” da internet (Complaints against Veracel Celulose “disappear” from the internet)
July 2019
Bahia: Sem-terra são presos por se defender de seguranças da Veracel (Bahia: Landless are arrested for defending Veracel security)
July 2019
Vigilantes ficam feridos em ataque após reintegração de posse na Bahia (Vigilantes injured in attack after repossession in Bahia)
June 2019
Sipat reúne dois mil colaboradores pra falar sobre segurança e saúde na Veracel(Sipat brings together two thousand employees to talk about safety and health in Veracel)
May 2019
UCs do Sul da Bahia participam do Festival de Aves(UCs of the South of Bahia participate in the Festival of Birds)
March 2019
Ikeas Bedarf an Holz ist geradezu gigantisch und auch vor Urwäldern macht IKEA nicht halt! Was versteht IKEA unter Nachhaltigkeit? (Ikea's need for wood is gigantic and IKEA does not stop at virgin forests! What does IKEA understand by sustainability?)
March 2019
ICMBio agradece voluntários do Parque Monte Pascoa(ICMBio thanks volunteers of Monte Pascoal Park)
March 2019
Brigadistas controlam incêndio no Parna Monte Pascoal(Brigadistas control fire in Parna Monte Pascoal)
October 2018
Projeto incentiva estudo e valoriza cultura indígena (Project encourages study and values indigenous culture)
October 2018
Television documentary criticism of FSC forest certification - Stora Enso's response
October 2018
ARTE Documentary on Veracel, Brazil: Villagers are being "wiped out by eucalyptus"
September 2018
Instaladas 82 armadilhas fotográficas no sul da Bahia(82 photographic traps installed in southern Bahia)
August 2018
A importância da luta pelo território usurpado pelas indústrias de celulose (The importance of the struggle for territory usurped by the pulp and paper industries)
July 2018
Veracel atualiza plataforma Da Bahia para o Mundo (Veracel upgrades Da Bahia platform to the World)
April 2018
Stora Enson omistaman selluyhtiön väitetään syyllistyneen maakaappauksiin Brasiliassa (The pulp company owned by Stora Enso is allegedly charged with land crashes in Brazil)
November 2016
Tutkimus yllätti: Suomalaisyhtiöillä on EU-maista neljänneksi eniten maaomistuksia ulkomailla (Survey results surpising: Finnish companies are the 4th largest in EU and Non EU countrie)
Media monitor: Veracel
SPOTT monitors global media sources for coverage of assessed companies. The media monitor gathers reports about specific activities related to the assessment indicator categories. ZSL does not assess or score the validity of media coverage, but users can explore the media monitor to provide context on implementation, and infer risks associated with reported operations on the ground.
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