- Bumi Teknokultura Unggul Tbk (BTEK): 4.7%
- Barito Pacific: 5.1%
- APP (Asia Pulp and Paper) Group: 69.4%
- Empresas CMPC: 41.8%
- Priceworth International: 7.4%
- Kayu Lapis Indonesia: 6.2%
- WTK Holdings Bhd: 8.4%
- Sumitomo Forestry Co Ltd: 39.3%
- Rougier Group: 48.7%
- Compagnie des Bois du Gabon (CBG): 56.1%
- Agra Bareksa: 0%
- Rimbunan Hijau (RH) Group: 4.2%
- Samling Group: 20.7%
- YiHua Life: 7%
- Shin Yang: 22.3%
- Duratex SA: 59.8%
- Klabin SA: 69.8%
- Oji Holdings: 28.9%
- Pallisco-CIFM: 49.1%
- Cameroon United Forests (CUF): 21.9%
- APP China Group Ltd: 36.4%
- Corà Domenico & Figli: 12.1%
- SLJ Global Tbk: 17.6%
- Golden Pharos Bhd: 27%
- TA ANN Holdings Bhd: 20%
- CENIBRA: 57.7%
- Korindo (timber and pulp): 34.3%
- Société Industrielle de Mbang (SIM): 1.6%
- Veracel: 38.9%
- Bracell: 55%
- Alpi: 9.2%
- Eldorado Brasil Celulose SA: 51.7%
- Arauco: 32.4%
- Suzano Papel e Celulose SA: 64.3%
- SODEFOR: 13.3%
- Greenheart Group Ltd: 21.9%
- Maderera Bozovich: 22.8%
- Cikel Group: 19.1%
- Wijma: 15.7%
- Olam International Ltd (timber): 60.3%
- Tranchivoire: 7.9%
- Marubeni: 38%
- Interholco AG: 93.4%
- Groupe Blattner Elwyn (timber): 9%
- Toba Pulp Lestari Tbk PT: 35.7%
- APRIL Group: 67%
- Groupe SEFAC: 18%
- Vicwood Group: 7.2%
- Precious Woods Holding AG: 73.5%
- AMCEL: 21.4%
WTK Holdings Bhd https://www.spott.org/timber-pulp/wtk-holdings-bhd/
Founded in 1940 and headquartered in Malaysia, WTK Group owns forestry operations in Malaysia, Indonesia... Read more. and Papua New Guinea. It is involved in timber production, processing, manufacturing, trading and distribution. WTK Group also operates in a range of other business sectors including tourism, hotels and shipping, though its palm oil operations are not yet assessed on SPOTT.
Score: 8.4% |
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Landbank (timber/pulp):860,000 hectares
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Market cap:66,282,846 USD
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Thomson Reuters ticker:WTKH.KL
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Bloomberg ticker:WTKH:MK
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ISIN:MYL4243OO001
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Activities:Timber production, timber processing and manufacturing, trading and distribution
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Locations:Malaysia (Sarawak)
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Headquarters:Malaysia
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Website:
Company assessment: WTK Holdings Bhd – July 2018
SPOTT assesses companies against over 100 indicators across ten categories. Click on the icons or bars below to expand each category for further details, scoring and links to reports and sources.
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Sustainability policy and leadership 1 / 6 16.7%
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Companies should publish sustainability policies or similar covering their entire supply chain — including third party suppliers — implemented and enforced through high-level leadership that engages with wider industry schemes.
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1 / 1Source
1. Sustainable forestry policy or commitment for all its operations?
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0 / 1No source
2. Sustainability policy or commitment applies to direct and third-party suppliers?
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0 / 1No source
3. High-level position of responsibility for sustainability?
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0 / 1No source
4. Sustainability report published within last two years?
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0 / 1No source
5. Member of multiple industry schemes or other external initiatives to improve forest management or transparency?
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0 / 1No source
6. Activities with government, NGOs or academic institutions to improve the sustainability of forest products?
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Landbank, FMUs and mills 4 / 15 26.7%
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Companies should publicly report figures on their total landbank and details of different areas under their management. They should also disclose maps of their forest management units and provide forest management plans, as well as details on supplier pulp and paper mills.
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1 / 1Source
7. Lists countries and operations?
The company states that all its timber production and processing, from natural forest and plantations, occurs in Sarawak (Malaysia)
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0 / 1Source
8. Total area of natural forest designated for wood/wood fibre production (ha)?
850,000 - The company states it has forest concessions of 850,000 hectares in Sarawak, but this is undated
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1 / 1Source
9. Total area of forest plantation (ha)?
10,000
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0 / 1No source
10. Area of plantation/natural forest within outgrower schemes (ha)?
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0 / 1No source
11. Unplanted (areas designated for future development as plantation forest) (ha)?
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0 / 1No source
12. Conservation set-aside and/or HCV area (ha)?
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0 / 1No source
13. Area of Intact Forest Landscape (ha)?
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0 / 1No source
14. Number of Forest Management Units (FMUs)?
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0.5 / 1Source
15. Maps of forest management units (FMUs)?
Global Forest Watch data has eight FMUs in natural forest, and 10 logging concessions, but it unclear if this covers all of the company's operations
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0 / 1No source
16. Forest management plans available for all FMUs?
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0 / 1No source
17. Monitoring of forest management plan implementation?
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0 / 1No source
18. Number of company owned pulp and paper mills?
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0 / 1No source
19. Maps or addresses of company owned pulp and paper mills?
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1 / 1Source
20. Number of company owned sawmills?
4 - The company included four sawmills within its list of properties in 2016
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0.5 / 1Source
21. Maps or addresses of company owned sawmills?
The company gives some details of sawmill locations, but these are insufficient to generate locations on Google maps
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Deforestation and biodiversity 0.5 / 15 3.3%
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Companies should commit to address deforestation and to set aside areas for conservation. They should report on any activities to manage or restore habitat in their conservation areas, or monitor deforestation in their supply chains. They should also provide evidence of species conservation and biodiversity protection.
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0 / 1No source
22. Commitment to zero conversion of natural forest?
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0 / 1No source
23. Zero conversion commitment applies to outgrower scheme and independent suppliers?
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0.5 / 1Source
24. Commitment to minimise the impact of logging roads?
The company states it engages in helicopter harvesting which reduces the need for skid trails
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0 / 1No source
25. Commitment to protect forest areas from illegal activities?
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0 / 1No source
26. Evidence of monitoring deforestation?
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0 / 1No source
27. Amount of deforestation recorded?
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0 / 1No source
28. Commitment to biodiversity conservation?
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0 / 1No source
29. Commitment to set aside areas for conservation?
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0 / 1No source
30. Examples of habitat management and/or habitat restoration of set-aside areas?
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0 / 1No source
31. Implementing a landscape-level approach to biodiversity conservation?
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0 / 1No source
32. Commitment to protect species of conservation concern, referencing international or national system of species classification?
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0 / 1No source
33. Commitment to sustainably manage the use of non-timber forest products (NTFPs)?
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0 / 1No source
34. Commitment not to use genetically modified organisms?
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0 / 1No source
35. Commitment to only use alien species where impacts can be controlled?
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0 / 1No source
36. Examples of species conservation activities?
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HCV, HCS and impact assessments 0.5 / 9 5.6%
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Companies should commit to the High Conservation Value (HCV) and High Carbon Stock (HCS) approaches, and to conduct social and environmental impact assessments (SEIA). They should develop and publish monitoring and management plans, and provide evidence through SEIA, HCV and HCS assessments, typically published in summary form due to the sensitive nature of certain sites.
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0 / 1No source
37. Commitment to conduct High Conservation Value (HCV) assessments?
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0 / 1No source
38. HCV commitment applies to outgrower scheme and independent suppliers?
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0 / 1No source
39. Commitment to only use licensed High Conservation Value (HCV) assessors accredited by the HCV Resource Network's Assessor Licensing Scheme (ALS)?
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0 / 1No source
40. High Conservation Value (HCV) assessments available?
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0 / 1No source
41. High Conservation Value (HCV) management and monitoring plans available?
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0 / 1No source
42. Commitment to the High Carbon Stock (HCS) Approach?
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0 / 1No source
43. High Carbon Stock (HCS) assessments available?
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0.5 / 1Source
44. Commitment to conduct social and environmental impact assessments (SEIAs)?
The company states that it carries out Environmental Impact Assessments but does not state that it does so prior to all new developments
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0 / 1No source
45. Social and environmental impact assessments (SEIAs) available?
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Soils, fire and GHG emissions 0.5 / 14 3.6%
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Companies should commit to protect peatland and undertake best management practices for soils and peat, as well as commit to reduced impact logging. They should also have policies on zero burning and to reduce their greenhouse gas (GHG) emissions. Companies should report their GHG emissions, as well as any fires that occurred in or around their estates, along with plans for managing and monitoring fires.
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0 / 1No source
46. Commitment to best management practices for soils and/or peat?
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0.5 / 1Source
47. Commitment to reduced impact logging?
The company states that it uses heli-logging techniques, and in 2013 stated that it uses 'reduced Impact Logging Method such as logfishers, swing yarders and excavators for
its timber operations', but does not commit to reduced impact logging best practice across all operations -
0 / 1No source
48. Commitment to no planting on peat of any depth?
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0 / 1No source
49. Commitment on peatland planting applies to outgrower scheme and independent suppliers?
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0 / 1No source
50. Landbank or planted area on peat (ha)?
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0 / 1No source
51. Evidence of best management practices for soils and/or peat?
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0 / 1No source
52. Commitment to zero burning?
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0 / 1No source
53. Commitment to zero burning applies to outgrower scheme and independent suppliers?
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0 / 1No source
54. Evidence of management and monitoring fires?
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0 / 1No source
55. Details/number of hotspots/fires in FMUs controlled by the company?
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0 / 1No source
56. Time-bound commitment to reduce GHG emissions intensity?
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0 / 1No source
57. Progress towards reducing GHG emission intensity?
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0 / 1No source
58. Report GHG emissions from land use change?
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0 / 1No source
59. Methodology used to calculate GHG emissions?
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Water, chemical and waste management 0 / 14 0%
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Companies should commit to managing water use and water quality, providing evidence through time-bound reduction plans, policies on toxic chemical use, waste management and treatment of wastewater and mill effluents.
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0 / 1No source
60. Time-bound commitment to improve water quality?
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0 / 1No source
61. Progress towards commitment on water quality?
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0 / 1No source
62. Protection of natural waterways through buffer zones?
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0 / 1No source
63. Evidence of treatment of pulp and paper mill effluent?
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0 / 1No source
64. Evidence of sawmill run-off containment and wastewater treatment?
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0 / 1No source
65. Time-bound commitment to improve water use?
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0 / 1No source
66. Progress towards commitment on water use?
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0 / 1No source
67. Commitment to eliminate chlorine and chlorine compounds for bleaching?
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0 / 1No source
68. Evidence of minimising or recycling solid waste produced during sawmilling processes?
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0 / 1No source
69. Commitment to minimise the use of chemicals, including pesticides and chemical fertilisers?
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0 / 1No source
70. No use of World Health Organisation (WHO) Class 1A and 1B pesticides?
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0 / 1No source
71. No use of chemicals listed under the Stockholm Convention and Rotterdam Convention?
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0 / 1No source
72. Integrated Pest Management (IPM) approach?
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0 / 1No source
73. Chemical usage per ha or list of chemicals used?
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Community, land and labour rights 2.5 / 19.5 12.8%
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Companies should commit to respect human rights, including those of indigenous peoples and local communities, consulted with free, prior and informed consent (FPIC). Companies should respect the rights of workers, report relevant workforce data, and comply with health and safety legislation.
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0 / 1No source
74. Commitment to human rights, referencing the UN Declaration of Human Rights or UN Guiding Principles on Business and Human Rights?
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0 / 1No source
75. Commitment to human rights applies to outgrower scheme and independent suppliers?
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0.5 / 1Source
76. Commitment to respect indigenous and local communities' rights?
The company states that it identifies and respects all respective native/communal rights within timber operation areas, but does not refer to the UN Declaration on the Rights of Indigenous Peoples or ILO Indigenous and Tribal Peoples Convention (no. 169)
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0 / 1No source
77. Commitment to respect legal and customary property rights?
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0 / 1No source
78. Commitment to free, prior and informed consent (FPIC)?
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0 / 1No source
79. FPIC commitment applies to independent suppliers?
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0 / 1No source
80. Details of free, prior and informed consent (FPIC) process available?
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0.5 / 1Source
81. Details of process for addressing land conflicts available?
The company states it has a Conflict Resolution Committee which deals with customary land rights claims, via a process of open dialogues and negotiations to resolve matters in an amicable matter, but the steps within this process are not given
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0 / 1No source
82. Commitment to mitigate impacts on food security?
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1 / 1Source
83. Commitment to provide essential community services and facilities?
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0 / 1No source
84. Commitment to respect all workers' rights?
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0 / 1No source
85. Reference to Fundamental ILO Conventions?
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0 / 0.5No source
86. Total number of employees?
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0 / 1No source
87. Percentage or number of temporary employees?
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0 / 1No source
88. Percentage or number of women employees?
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0 / 1No source
89. Commitment to pay minimum wage?
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0.5 / 1Source
90. Commitment to address occupational health and safety, referencing the ILO Code of Practice on Safety and Health in Forestry Work?
The company states that their operations are in compliance with the Occupational Safety and Health Act, 1994, but they do not make reference to ILO Code of Practice
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0 / 1No source
91. Time lost due to work-based injuries?
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0 / 1No source
92. Number of fatalities as a result of work-based accidents?
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0 / 1No source
93. Provision of personal protective equipment and related training?
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Certification standards 0 / 10 0%
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Companies should be certified by credible certification standards, or have time-bound commitments to achieve 100% certification of both forest management units and outgrower schemes. They should also commit to only sourcing certified wood/wood fibre and ensuring that their supply is verified as being in legal compliance.
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0 / 1No source
94. Percentage area (ha) verified as being in legal compliance by a third party?
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0 / 1No source
95. Percentage wood/wood fibre supply verified as being in legal compliance by a third party?
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0 / 1No source
96. Time-bound plan for achieving 100% FSC FM certification of FMUs?
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0 / 1No source
97. Commitment to source only wood/wood fibre that meets FSC Controlled Wood requirements?
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0 / 2No source
98. Percentage area (ha) FSC FM certified?
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0 / 2No source
99. Percentage of wood/wood fibre supply from outgrower scheme and/or independent suppliers that is FSC FM certified?
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0 / 2No source
100. Percentage area (ha) PEFC certified?
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Smallholders and suppliers 0 / 5 0%
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Companies should report details of any programmes or schemes to support both schemed and independent smallholders, as well as criteria to assess suppliers on compliance with company policies, and in what cases suppliers should be suspended or excluded due to non-compliance.
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0 / 1No source
101. Programme to support outgrower scheme smallholders?
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0 / 1No source
102. Percentage of outgrower scheme smallholders involved in programme?
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0 / 1No source
103. Process used to prioritise, assess and/or engage suppliers on compliance with company's policy and/or legal requirements?
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0 / 1No source
104. Suspension or exclusion criteria for suppliers?
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0 / 1No source
105. Percentage of suppliers assessed and/or engaged on compliance with company requirements?
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Governance and grievances 0.5 / 6 8.3%
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Companies should operate in an ethical manner at all levels, providing accessible channels and clear procedures for both employees and external stakeholders to raise any grievance or complaint with the company, as well as allowing for whistleblowing.
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0.5 / 1Source
106. Commitment to ethical conduct and prohibition of corruption?
The company states that in November 2014, it became one of the six major timber groups in Sarawak to sign a Corporate Integrity Pledge (CIP) launched by the Malaysian Anti-Corruption Commission (MACC) and the Forest Department of Sarawak, but does not explicitly commit to both ethical conduct and prohibition of corruption
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0 / 1No source
107. Whistleblowing procedure?
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0 / 1No source
108. Own grievance or complaints system?
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0 / 1No source
109. Grievance or complaints system is accessible to internal and external stakeholders?
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0 / 2No source
110. Details of grievances disclosed?
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Media monitor: WTK Holdings Bhd
SPOTT gathers reports and stories from global media sources, covering specific company activities related to the assessment indicator categories. ZSL does not assess the validity of these reports.
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