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Canada - forestry

This is a filtered view based on 2014 - Forests Risk Assessment.

Row numberYearOrganizationCountry HQForest Risk CommodityForest Risk AssessmentForest Risk ProcessRegulatory risks - Risk PresentRegulatory risks - Further DetailsReputational Risks - Risk PresentReputational Risks - Further DetailsOperational Risks - Risk PresentOperational Risks - Further DetailsWater 2014 - Number of drivers
512013Dai Nippon Printing Co., Ltd.JapanTimberYes or 100% third party certified raw materials already achievedThe Company is aware that printing and processed paper are the main raw materials, and of the ratio of printing and processed paper as a percentage of the purchase price of all raw materials. The Company is also aware of purchase price for printing and processed paper for all suppliers, the purchase ratio on a supplier basis, and of the usage rate of third-party certified paper. Progress is being made on strengthening regulations against illegal logging, and with the emphasis on corporate survey policies, the Company is establishing a DNP survey policy, and is proceeding with supplier survey policies, traceability and surveys of raw material production areas. Looking ahead, the Company is also aware following risks; difficulty in procuring raw materials as a result of a reduction in forest resources, increased procurement costs for surveyed goods, and a rise in paper costs.Material riskWhile regulations are being strengthened against illegal logging, such as EU timber regulations and the Lacey Act, given the fact that no domestic legal regulations exist in Japan, it is believed that there could possibly be an increase in raw materials derived from illegal logging, and from the flow of products for which traceability cannot be confirmed. The Company is aware of the need to strengthen control of the overall supply chain, and to establish traceability.Material riskAs a major purchaser of paper, the Company believes the legality of purchased products, their sustainability, and supplier procurement policies feed into risk. It is believed that loss of order opportunities, “outing” by NGOs and the media, and purchase boycotts are examples of reputational risk.Material riskAs resources are limited, it is believed that the stable supply of forest resources as used raw materials exerts a significant impact on business. It is also believed that more difficult material procurement due to the reduction in forest resources, increased procurement costs, and rising paper cost rise are examples of business risks.
522014WesfarmersAustraliaBiofuelsYesColes: Risk assessment undertaken by Coles' alliance partner Shell.Material riskColes: The risk is managed by Shell as explained on its website.Material riskThe risk is managed by Shell as explained on its website.Material riskThe risk is managed by Shell as explained on its website.
532014Dai Nippon Printing Co., Ltd.JapanTimberYesFrom percentages accounted for in total purchased values of raw materials, and the scope of environmental impact, we recognize that print and processing paper are the major raw materials in our business activities. Consideration has also been made for GHG emission volume, and forest risk commodities have identified. Risk scoping has been implemented in line with paper for printing and converting procurement guidelines. The strengthening of restrictions against illegal logging have been scoped as regulatory risks. The existence of procurement policies not only at DNP, but also including suppliers, and the status of securing traceability have been scoped. The existence of stable raw material procurement and the potential for increased procurement costs were scoped as business risks. The impact of climate change on raw material procurement was also scoped.Material riskWhile regulations are being strengthened against illegal logging, such as EU timber regulations and the Lacey Act, given the fact that no domestic legal regulations exist in Japan, it is believed that there could possibly be an increase in raw materials derived from illegal logging, and from the flow of products for which traceability cannot be confirmed. The Company is aware of the need to strengthen control of the overall supply chain, and to establish traceability.Material riskIn addition to paper being a major raw material for printing companies, it is also a raw material that is familiar to consumers, and as a result, social concern runs high. Therefore, the Company believes the legality of purchased products, their sustainability, and supplier procurement policies feed into risk. It is believed that loss of order opportunities, “outing” by NGOs and the media, and purchase boycotts are examples of reputational risk.Material riskAs resources are limited, it is believed that the stable supply of forest resources as used raw materials exerts a significant impact on business. It is also believed that more difficult material procurement due to the reduction in forest resources, increased procurement costs, and rising paper cost rise are examples of business risks.
542014Daito Trust Construction Co., Ltd.JapanTimberYes木材供給量に関してのリスク評価を実施した。木材供給元の森林量と供給実績による評価。No risk北米からの木材の輸入に関するリスクとなる規制はない。Non-material risk北米産木材については、合法性が高いといわれている材料であり、その他の重要なリスクも現在は見あたらないと考えています。広葉樹・南洋材その他の地域の調達量・割合は小さい。Non-material risk北米産木材については、合法性が高いといわれている材料であり、その他の重要なリスクも現在は見あたらないと考えています。広葉樹・南洋材その他の地域の調達量・割合は小さい。
552014Daito Trust Construction Co., Ltd.JapanCattle ProductsNo森林伐採リスクを評価したことはありませんNo risk代替が可能であり、その時の代替材料で足りると考えています。Non-material risk代替が可能であり、その時の代替材料で足りると考えています。Non-material risk代替が可能であり、その時の代替材料で足りると考えています。
562014Daito Trust Construction Co., Ltd.JapanSoyNo森林伐採リスクを評価したことはありませんNo risk代替が可能であり、その時の代替材料で足りると考えています。Non-material risk代替が可能であり、その時の代替材料で足りると考えています。Non-material risk代替が可能であり、その時の代替材料で足りると考えています。
572014DanoneFranceTimberYesFinancial risk : the price volatility risk exposure is regularly monitored by our sourcing teams. Reputation : A reputation risk assessment has been done with an environmental consulting agency. Timber for energy and paper & board have been prioritized as a key commodity. Tropical deforestation risks : a list of high and medium risks countries has been developped with NGOs/consulting agencies (please read forest footprint policy and paper and board policy attached).Material riskEU or US illegal timber import regulationMaterial riskDeforestation or illegal imported woodNo risk
582014DanoneFrancePalm OilYesFinancial risk : the price volatility risk exposure is regularly monitored by our sourcing teams. Reputation : A reputation risk assessment has been done with an evironmental consulting agency. Palm oil has been prioritized as a key commodity. Tropical deforestation risks : risks countries are Indonesia and Malaysia - please read palm oil position attachedMaterial riskLabelling on productMaterial riskDeforestation or health image of palm oilNo risk
592014DanoneFranceSoyYesFinancial risk : the price volatility risk exposure is regularly monitored by our sourcing teams but volume exposure is low. Reputation : A reputation risk assessment has been done with an evironmental consulting agency. Soy has been prioritized as a key commodity, because of the indirect exposure through milk/animal feeding but outside Danone direct control. Tropical deforestation risks : a list of high and medium risks countries has been developped with NGOs/consulting agencies (please read forest footprint policy).No riskMaterial riskDeforestation or GMO controversial debate fro imported soyNo risk
602013DanzerSwitzerlandTimberYes or 100% third party certified raw materials already achievedOur own forest production in a high risk area (in Rep. of Congo) was FSC certified (and audits are still taking place), no deforestation is allowed. For our 3rd party suppliers in high risk countries, we consider the FSC Controlled wood categories as a minimum, which does not allow wood originating from conversion of forest to other land-use (deforestation. We evaluate risk on country, district and species level. Where risk is high, our ISO 14001 Management System assures that we mitigate the risk (by documentary control, supplier visits and supplier audits). Since end 2011, we decided to increase our audits for all non certified suppliers (More than 75% of supplies from high risk countries have a 3rd party verified traceability system in place and all supplies are verified by the ISO 14001 risk assessment system).Material riskYes, since the Lacey Act in the USA and the EU Timber Regulation are effective in 2013. Material riskYes, due to importance of illegal logging in the tropics, links made with deforestation. Our main procurement is from Africa and certified, but we do face reputational risk. Material riskYes,although we are engaged to source legal and responsible timber and we actively seek good/sustainable suppliers, some NGO's use forest companies for their campaign against deforestation and multiple forest use, including timber harvest.
612014DanzerSwitzerlandTimberYesOur own forest production in a high risk area (in Rep. of Congo) is 3rd party verified (TLTV) , compliant with Controlled wood which does not allow deforestation. For our 3rd party suppliers in high risk countries, we consider the Controlled wood categories as a minimum, which does not allow wood originating from conversion of forest to other land-use (deforestation). We evaluate risk on country, district and species level. Where risk is high, our ISO 14001 Management System and LegalSource certification assures that we mitigate the risk (by documentary control, supplier visits and supplier audits). Since end 2011, we decided to increase our audits for all non certified suppliers (85% of supplies from high risk countries have a 3rd party verified traceability system in place and all supplies are verified by the ISO 14001 and LegalSource Due Diligence System.Non-material riskEU Timber Regulation, USA Lacey Act provides a risk. Nevertheless, our procurement for the EU has been certified NEPCon LegalSource (Interholco finalised, other Danzer companies will be finished by Aug. 14) and our procurement for N. America will also get certified. The certification provides a proof that our Due Diligence System is compliant with the legislation and therefore risk of non compliance negligeable.Non-material riskEnvironmental NGO's use tropical timber trade for campaigns (often against deforestation which is not directly linked to forest harvest). We have been focusing on stakeholder consultation and stakeholder input, but due to the focus on central Africa, the reputational risk is still present.No riskWe have not identified direct operational risks for our supplies.
622013Drax GroupUnited KingdomTimberYes or 100% third party certified raw materials already achievedThe Board is responsible for the Group’s system of internal control and for reviewing its effectiveness.There are six risk management committees, at least two of which cover environment and sustainability issues. Each Committee is responsible for ensuring that all risks associated with their specific area of the business are identified, analysed and managed systematically and appropriately. Senior management and risk owners, with the assistance of the risk management committees, periodically review the risks to ensure that the risk management processes and controls in their area are appropriate and effective, and that new risks are identified. Risk registers are used to document the risks identified, level of severity and probability, ownership and mitigation measures for each risk. The risk registers are reviewed by the risk management committees on at least a quarterly basis.The Board is ultimately responsible for this system of risk management and internal control. Risk management committees assist the executive directors in the operation and implementation of the risk management process, and provide a source of assurance to the Audit Committee. Within this framework, there is a well developed management system dedicated to the assessment of sustainability of biomass contracting. Each prospective contract has to be signed off on sustainability criteria before the procurement team can execute or modify a contract.The Drax process for ensuring compliance with legal sustainability requirements as well as with corporate policy is founded on the provision of sufficient information for the assessment of risk associated with a supply contract. If a contract is, at any time during contract negotiation, deemed a ‘high risk’ then further detailed information is required before a contract can be signed. The determination of a potentially ‘high risk’ contract depends on (inter alia), relevant country environmental legislation, product nature, extent of product certifications (such as FSC, SFI, ACCS), production location (i.e. involving a need to avoid certain areas of high local biodiversity), previous audits and supplier reputation/performance - assessment following from the FLEGT/Timber Directive riskMaterial riskRenewable Obligation requirements require compliance of all fuels with a minimum set of sustainability standards. Failure to comply would mean signifcant financial lossMaterial riskyes. Drax is a high profile purchaser of biomass and is subject to considerable enquiry by NGOs. The current sustainability policy has proven to be very robust against these enquiries and its effectiveness therefore needs to be maintainedMaterial riskFailure to obtain sufficient volume of sustainable fuel would introduce significant reduction in renewable power output.
632014Drax GroupUnited KingdomTimberYesRisk assessment process document the risks identified, level of severity and probability, ownership and mitigation measures for each risk across the sustainability spectrum. Summary risk registers are reviewed by the risk management committees on at least a quarterly basis.Within this framework, there is a well developed management system dedicated to the assessment of sustainability risks associated with biomass contracting. Each prospective contract has to be signed off on sustainability criteria before the procurement team can execute or modify a contract. An initial risk assessment is conducted to identify country-specific risks (whether sustainability, effectiveness of the legal system or social risks). This is incorporated into the Drax contracting process which ensures compliance with legal sustainability requirements as well as with corporate policy and which is founded on the provision of sufficient information for the assessment of risk associated with a supply contract. If a contract is, at any time during contract negotiation, deemed a ‘high risk’ then further detailed information (probably requiring a audit visit by third party auditors) is required before a contract can be signed. The determination of a potentially ‘high risk’ contract depends on (inter alia), relevant country environmental legislation, product nature, extent of product certifications (such as FSC, SFI, ACCS), production location (i.e. involving a need to avoid certain areas of high local biodiversity), previous audits and supplier reputation/performance as well as any stakeholder concerns.Material riskThe Renewable Obligation requirements will demand compliance of all fuels with a minimum set of sustainability standards, probably in 2015. Failure to comply will involve signifacnt financial loss.Hence the emphasis currently placed on initiatives such as the extenal supplier audits, SBP and the ISAE300 auditing programmesMaterial riskYes. Drax is a high profile purchaser of biomass and is subject to considerable enquiry by NGOs. The current sustainability policy has proven to be very robust against these enquiries and its effectiveness therefore needs to be maintained. The credibility of the policy implementation is important as witnessed by the high level of Board and Exective director involvementMaterial riskFailure to obtain sufficient volume of sustainable fuel would introduce significant reductions in renewable power output. Hence the need to extend the range of certified feedstock and to promote the SBP standard.
642013Earth Friendly Products Inc.USATimberYes or 100% third party certified raw materials already achievedWe conduct audits on our vendors and review their manufacturing processes on a regular basis.No riskNo riskNo risk
652013EurostarUnited KingdomTimberYes or 100% third party certified raw materials already achievedAssessed as part of business environmental risk workshop No riskLow risk - only paper purchased.No riskAs aboveNo riskAs above
662013EurostarUnited KingdomCattle ProductsYes or 100% third party certified raw materials already achievedAssessed as part of business environmental risk workshop No riskOnly relatively small amounts of beef sourced in supply chain.No riskAs aboveNo riskAs above
672014EurostarUnited KingdomTimberYesAssessed as part of a business environmental workshopNo riskLow risk, only paper purchasedNo riskOnly paper purchaseNo risk
682014EurostarUnited KingdomCattle ProductsYesAssessed as part of a business environmental workshopNo riskOnly relatively small amounts of beef sourced in the supply chain.Non-material riskThere is a small reputational risk if we were not to have such strict sourcing policies as per the horse meat scandal in recent years. However, our strict policies help to mitigate this risk.No risk
692014Fidelity National Information ServicesUSATimberNoWe currently do not assess forest risk.No riskN/ANo riskN/ANo riskN/A
702014Fidelity National Information ServicesUSAPalm OilWe currently do not assess forest risk.No riskN/ANo riskN/ANo riskN/A
712014Fidelity National Information ServicesUSACattle ProductsWe currently do not assess forest risk.No riskN/ANo riskN/ANo riskN/A
722014Fidelity National Information ServicesUSASoyWe currently do not assess forest risk.No riskN/ANo riskN/ANo riskN/A
732014Fidelity National Information ServicesUSABiofuelsWe currently do not assess forest risk.No riskN/ANo riskN/ANo riskN/A
742013GreenergyUnited KingdomBiofuelsYes or 100% third party certified raw materials already achievedGreenergy have assessed the risk associated with biofuels commodities at a feedstock, country of origin and producer level. We also conduct additional due diligence of each prospective supplier because we understand that environmenta, reputational and operational risk change with specific circumstances, previous experience, across ecosystems, in the context of legislative changes and trading scenarios. We use the experience of our traders, equipped with the knowledge provided from our legal department, security of contracts and experience of our sustainability team to inform buyers on specific risks. On forest commodities we work with independent certification bodies, Roundtable Sustainability Standards, the Euroepan Commission and UK Renewable Transport Fuel Unit to ensure the most relevant risks are known and controlled. We also work with local and international expert advisors such as Ecosistemas, Proforest, WWF to stay informed of risk and relevant controls. We have built the www.biocarbontracker.com tool to view present the most reputable global and local sustainability risk data to our inform our buyers on risk.Material riskThe EU Renewable Energy Directive 2009 and UK Renewable Transport Fuel Order 2013 define the mandatory sustainability criteria which are required for market access in the UK. While the sustainability criteria defined in the Directive and RTFO are set out in Annual Technical Guidance the RTFO Unit they are liable to change dependent on policy support in the UK or EU institutions. The RTFO regulator also retains additional authority to define the sufficiency of sustainability evidence which can often be subjective and risky. We have managed these risks by supporting the better biofuels available in the market and being transparent about our buying policies and performance. As biofuels are a contentious commodity with diverse environmental risks and many industry stakeholders policy is prone to the added risk of influence through lobbying.Material riskWith a global supply chain that spans multiple international agricultural supply chains of products with homogenous or similar chemical and physical characteristics, there is a high risk of physical mixing and substiution causing loss of physical traceability. It is therefore critical to have verified traceability on a mass balance basis of biofuels under industry wide criteria with recognised certification bodies and sustainability standards overseeing the supply chain. This is necessary as we need to be able to differentiate ourselves from any cases of unsustainable agricultural activity which could be apportioned to the entire supply chain, regardless of the guilty actor or buyer. Our customers also make public commitments to sustainable supply chains and we have committed to help deliver on these targets. As such to continue to deliver the best assurances and transparency on sustainability we cannot afford to deliver any lower level of service.Material riskWith physical mixing of products we are depenent on chemical tests to verify the quality of the products we buy. With chemical properties being affeted during storage and processing, we are liable to fraudulent substitution of our products, logisitcal disruptions and failure of supply chain.
752014GreenergyUnited KingdomBiofuelsYesGreenergy have assessed the risk associated with biofuels commodities at a feedstock, country of origin and producer level. We also conduct additional due diligence of each prospective supplier because we understand that environmenta, reputational and operational risk change with specific circumstances, previous experience, across ecosystems, in the context of legislative changes and trading scenarios. We use the experience of our traders, equipped with the knowledge provided from our legal department, security of contracts and experience of our sustainability team to inform buyers on specific risks. On forest commodities we work with independent certification bodies, Roundtable Sustainability Standards, the Euroepan Commission and UK Renewable Transport Fuel Unit to ensure the most relevant risks are known and controlled. We also work with local and international expert advisors such as Ecosistemas, Proforest, WWF to stay informed of risk and relevant controls. We have built the www.biocarbontracker.com tool to view present the most reputable global and local sustainability risk data to our inform our buyers on risk. We present our sustainability work regularly to stakeholder forums including the Westminster Transport and Environment Forum, Roundtable on Sustainable Biomaterials and International Sustainability and Carbon Certificate seminars. These sessions allow us important interaction and constructive criticism to review our strategy and procedures to respond to relevant risks.Material riskThe EU Renewable Energy Directive 2009 and UK Renewable Transport Fuel Order 2013 define the mandatory sustainability criteria which are required for market access in the UK. While the sustainability criteria defined in the Directive and RTFO are set out in Annual Technical Guidance the RTFO Unit they are liable to change dependent on policy support in the UK or EU institutions. The RTFO regulator also retains additional authority to define the sufficiency of sustainability evidence which can often be subjective and risky. We have managed these risks by supporting the better biofuels available in the market and being transparent about our buying policies and performance. As biofuels are a contentious commodity with diverse environmental risks and many industry stakeholders policy is prone to the added risk of influence through lobbying. As an international trading company with offices in UK, USA, Canada, Brazil and Dubai policy risk is complex.Material riskWith a global supply chain that spans multiple international agricultural supply chains of products with homogenous or similar chemical and physical characteristics, there is a high risk of physical mixing and substiution causing loss of physical traceability. It is therefore critical to have verified traceability on a mass balance basis of biofuels under industry wide criteria with recognised certification bodies and sustainability standards overseeing the supply chain. This is necessary as we need to be able to differentiate ourselves from any cases of unsustainable agricultural activity which could be apportioned to the entire supply chain, regardless of the guilty actor or buyer. Our customers also make public commitments to sustainable supply chains and we have committed to help deliver on these targets. As such to continue to deliver the best assurances and transparency on sustainability we cannot afford to deliver any lower level of service.Material riskWith physical mixing of products we are depenent on chemical tests to verify the quality of the products we buy. With chemical properties being affeted during storage and processing, we are liable to fraudulent substitution of our products, logisitcal disruptions and failure of supply chain. In December 2013 Greenergy's biodiesel plant was struck by a significant tidal storm surge at Immingham which was catastrophic for operations there. The event was forecast and Management and staff safely completed emergency shutdown procedures on time as planned with no injuries or spillages. Plant recovery is being completed and production has begun again. Operations including delivery of significant volumes of used cooking oil were safely diverted to safe storage in the Netherlands.
762014Grupo André MaggiBrazilTimberYesThe assessment covers the financial, reputational and operational risk, since it is directly related to the impact on the Amaggi's business. In addition, the risk assessment contemplates image (reputation) and impact on the supply chain (which includes the item deforestation). The assessment process is to garantee the compliance and legality of the supplier towards social and environmental requirements and recommendations as well as to prevent a deforestation related issue. Amaggi has internal procedures and requirements that must be met for the acquisition of approved timber. This assessment is needed in fulfillment of its commitment to sustainability not only domestically but also in its production, meeting legal requirements, which directly impact on financial risks and image (reputation).Material riskChanges in national regulatory frameworks (change in forest legislation) and requirements internacionas (FSC certification becomes mandatory).Material riskPurchases of illicit origin and non compliance to institutional commitments.Material riskThe production process is dependent on this input, the lack of this would paralyze the drying process and industrial production of meal and oil.
772014Grupo André MaggiBrazilCattle ProductsYesThe assessment covers the financial, reputational and operational risk, since it is directly related to the impact on the Amaggi's business. In addition, the risk assessment includes image (reputation) and impact on the supply chain (which includes the item deforestation). The assessment is related to the legality of the trade in cattle, ie, if developed livestock on farms that supply cattle to the Amaggi comply with all legal requirements and recommendations of the environmental agencies, contributing to the prevention of expansion illegal deforestation. Amaggi has internal procedures and requirements that must be met for the acquisition is approved. This assessment is needed in fulfillment of its commitment to sustainability not only domestically but also in its production, meeting legal requirements, which directly impact on financial risks and image (reputation).Material riskChanges in regulatory frameworks.Material riskAcquisition of animals from areas not socially and environmentally responsible and not meeting the institutional commitments.Non-material riskOnly if this become a greater proportion of activity within the Amaggi.
782014Grupo André MaggiBrazilSoyYesThe assessment covers the financial, reputational and operational risk, since it is directly related to the impact on the Amaggi's business. In addition, the risk assessment includes image (reputation) and impact on the supply chain (which includes the item deforestation). Evaluation is concerned with the legality of soybeans gained, ie the production of soybeans in the farms that provide soy Amaggi conform to all legal requirements and recommendations of the environmental agencies, contributing to preventing the spread of illegal deforestation. In addition, there is an obligation to meet the demands of the Soy Moratorium, which covenants as to not market soy from deforested areas (legal or illegal) in the Amazon biome, from the date of signing, on July 24, 2006 . In addition to the above items, the Amaggi has internal procedures and specific social and environmental requirements that must be met for the acquisition is approved. These requirements are set out in the Qualification Program Production Chain soybeans, which details the Amaggi's commitment to sustainability not only domestically but also in its production, meeting legal requirements, which directly impact on operational, financial risks and image (reputation).Material riskChanges in national regulatory frameworks and increased demand or crisis in international markets.Material riskNo compliance with national and international standards and do not compliance with institutional commitments.Material riskSoy is the main product of the company's business agenda. It is a critical matter that reflects in our own operations and in third part operations that trade to us.
792014Grupo André MaggiBrazilBiofuelsYesThe assessment covers the financial, reputational and operational risk, since it is directly related to the impact on the Amaggi's business. In addition, the risk assessment includes image (reputation) and impact on the supply chain (which includes the item deforestation). The assessment is related to the legality of the biofuel, ie, if ethanol production complied with all legal requirements and recommendations of the environmental agencies, contributing to preventing the spread of illegal deforestation. Amaggi has internal procedures and requirements that must be met for the acquisition of ethanol is approved. This assessment is needed in fulfillment of its commitment to sustainability not only domestically but also in its production, meeting legal requirements, which directly impact on financial risks and image (reputation).Material riskChanges in regulatory frameworks.Material riskDue to the impossibility of assessing the origin, as already mentioned, there is a risk that only evaluate the first level of the supply chain.Non-material riskThere were identified operational risks due to lack of dependence on this by the company.
802014Grupo JDBrazilCattle ProductsYesPlease, see note in "Further Information" of Traceability itemNo riskNon-material riskNo risk
812014Grupo JDBrazilSoyPartialPlease, see note in "Further Information" of Traceability itemNo riskNon-material riskNo risk
822014H&M Hennes & Mauritz ABSwedenTimberYesWe have a wood policy which requires us to know the country of origin of the wood or wooden product, and if the country of origin is a country with rainforest, we must buy FSC certified wood. We promote the use of FSC for all our products to avoid risks connected to deforestation.Material riskEU Timber legislation, Lacey act.Material riskNGO, negative media, public boycotts etc.Material riskPrice volatility, lack of supply
832014H&M Hennes & Mauritz ABSwedenPalm OilYesWe only use suppliers that are members of RSPO. Today we buy Green Palm certificates for all palm oil used, but we have a goal that from 2015, we will only buy products containing RSPO certified palm oil.No riskMaterial riskNGO, negative media, public boycotts etc.Material riskPrice volatility, lack of supply
842013Hewlett-PackardUSATimberPartialIntegrated into multi-disciplinary company- wide risk management processes. i. the scope of the process, i.e. the type of risks and opportunities considered by the process such as regulatory, customer behavior changes, reputational and weather-related; HP uses Enterprise Risk Management (ERM) at the enterprise, business, supply chain and function level to capture risks across governance, business strategy, compliance, social and environmental responsibility, existing operations, corporate reputation and reporting. External risk/opportunity factors such as physical risks from climate change, political disruption, and natural disasters are assessed through the ERM program. In addition, HP performs targeted risk assessments for critical risks, such as changing economic conditions, climate change, energy, water management and resource scarcity including social implication of resources such a 'rare earths'. ii. how risks/opportunities are assessed at a company level (e.g. reputational risk can impact on the full corporation) Risk/opportunities are evaluated both quantitatively and qualitatively. In addition to financial risk, we consider brand and reputational risk, investor and customer impact, and employee impact. Risks identification integrates risk management activities with Internal Audit, Ethics and Compliance, Business Continuity Planning, and our Enterprise Compliance Group. Plans are developed to manage critical risks that exceed certain thresholds. Plans are implemented by management as well as members of Government Affairs, Compliance and our Corporate Legal department.Non-material riskThe three timber regulations are US Lacey Act, EU Timber Regulation, and AU Illegal Logging Prohibition Act. HP has a corporate due diligence plan for timber regulations and specifies legal sourcing requirements for wood-containing materials in HP's General Specification for the Environment. Based on these tools and requirements the regulatory risk for timber products procured by HP is perceived as negligible.Non-material riskHP works closely with NGO's and key suppliers to manage reputational risks associated with paper sourcing and use.No risk
852014Hewlett-PackardUSATimberPartialIntegrated into multi-disciplinary company- wide risk management processes. i. the scope of the process, i.e. the type of risks and opportunities considered by the process such as regulatory, customer behavior changes, reputational and weather-related; HP uses Enterprise Risk Management (ERM) at the enterprise, business, supply chain and function level to capture risks across governance, business strategy, compliance, social and environmental responsibility, existing operations, corporate reputation and reporting. External risk/opportunity factors such as physical risks from climate change, political disruption, and natural disasters are assessed through the ERM program. In addition, HP performs targeted risk assessments for critical risks, such as changing economic conditions, climate change, energy, water management and resource scarcity including social implication of resources such a 'rare earths'. ii. how risks/opportunities are assessed at a company level (e.g. reputational risk can impact on the full corporation) Risk/opportunities are evaluated both quantitatively and qualitatively. In addition to financial risk, we consider brand and reputational risk, investor and customer impact, and employee impact. Risks identification integrates risk management activities with Internal Audit, Ethics and Compliance, Business Continuity Planning, and our Enterprise Compliance Group. Plans are developed to manage critical risks that exceed certain thresholds. Plans are implemented by management as well as members of Government Affairs, Compliance and our Corporate Legal department.Non-material riskThe three timber regulations are US Lacey Act, EU Timber Regulation, and AU Illegal Logging Prohibition Act. HP has a corporate due diligence plan for timber regulations and specifies legal sourcing requirements for wood-containing materials in HP's General Specification for the Environment. Based on these tools and requirements the regulatory risk for timber products procured by HP is perceived as negligible.Non-material riskHP works closely with NGO's and key suppliers to manage reputational risks associated with paper sourcing and use.No risk
862014Hillshire Brands CompanyUSATimberPartialQuarterly business review with relevant suppliers with occasional insight into their sustainability practices.Non-material riskIt does not appear that there is any pending regulations that would greatly alter the risks associated with Timber. To the extent any such regulations would arise, the industry usage of this commodity is relatively balanced, so Hillshire Brands' risk profile would likely follow the same movement as its competitors.Non-material riskSourcing practices have been generally accepted. Any associated pressure to change them represents a non-material risk.Non-material riskSupply appears sufficient, so any risk would likely be non-material.
872014Hillshire Brands CompanyUSACattle ProductsPartialCommodities, such as our meat products, are constantly monitored for price fluctuation and supply disruptions. Quarterly business reviews are conducted with relevant suppliers, and, to the extent that regulatory, reputational, and operational deforestation risk impacts supply or price, decisions are adjusted accordingly.Material riskRegulations, such as COOL, could present a significant cost requirement. Coupled with Hillshire Brands' significant reliance on these commodities yields a material risk.Non-material riskSourcing practices have been generally accepted. Any associated pressure to change them represents a non-material risk.Material riskSupply of these commodities has been interrupted, and a small change in these categories can materially alter Hillshire Brands' operations.
882014Hillshire Brands CompanyUSASoyNoNot familiar with risk assessment process for soyNon-material riskNon-material riskSourcing practices have been generally accepted. Any associated pressure to change them represents a non-material risk.Non-material riskSupply appears sufficient, so any risk would likely be non-material.
892013HolmenSwedenTimberYes or 100% third party certified raw materials already achievedStandards for FSC Chain of Custody and Contolled Wood, PEFC Chain of Custody and ISO 14001Non-material riskEU Timber Regulations Changes in national and international legislation may affect the forest management system.Non-material riskThere are political parties and NGO:s questioning the system for Swedish forest management and silviculture.No riskAll harvested areas are reforested.
902013HolmenSwedenBiofuelsYes or 100% third party certified raw materials already achievedStandards for FSC Chain of Custody and Contolled Wood, PEFC Chain of Custody and ISO 14001Non-material riskEU Timber Regulations Changes in national and international legislation may affect the forest management system.Non-material riskThere are political parties and NGO:s questioning the system for Swedish forest management and silviculture.No riskAll harvested areas are reforested.
912014HolmenSwedenTimberYesRisk assessment according to standard for FSC, PEFC, ISO14001 and EUTRNon-material riskEU Timber Regulations Changes in national and international legislation may affect the forest management system.Non-material riskThere are political parties and NGO:s questioning the system for Swedish forest management and silviculture.No riskAll harvested areas are reforested
922014HolmenSwedenBiofuelsYesRisk assessment according to standard for FSC, PEFC, ISO14001 and EUTRNon-material riskEU Timber Regulations Changes in national and international legislation may affect the forest management system.Non-material riskThere are political parties and NGO:s questioning the system for Swedish forest management and silviculture.No riskAll harvested areas are reforested
932014JBS S/ABrazilTimberYesJBS evaluated Regulatory, reputational and operational deforestation risks for timber. The identified risks are: Purchase of illegal timber, or from deforestation areas involves regulation risks (for example: IBAMA inspection) and financial risks due to possible fines and; reputational (company image). A possible reputational and operational risk related to the purchase of timber from deforestation areas may cause a trade embargo, which can affect exportation to Europe or other markets. Another regulatory and operational risk is a possible new regulation that may ban crops in determined regions of the country, being necessary to buy timber from other regions, which can increase production costs due to transportation or reallocation of plants.Material riskRisks associated to this commodity are: Possible purchase of illegal timber, or from deforestation areas, which involves regulation risks (for example: IBAMA inspections). Another regulatory and financial risk is a possible new regulation that may ban crops in determined areas from the country, being necessary to buy timber from other regions, which can increase production costs.Material riskRisks associated to this commodity are: Purchase of illegal timber, or from deforestation areas, which involves reputational (company image). A possible problem with buying timber from deforestation areas may cause a trade embargo, which can affect exportation to Europe and other markets. That may appear in media being not interesting for company`s image.. Material riskRisks associated to this commodity are: Possible purchase of illegal timber, or from deforestation areas, involves operational risks due to fines that can be imposed due to environmental agency inspection. A possible problem with buying timber from deforestation areas may cause a trade embargo, which can affect exportation to Europe and other interested affecting company sales. Another operational and regulatory risk is a possible new regulation that may ban crops in determined areas from the country, being necessary to buy timber from other regions, which can increase production costs.
942014JBS S/ABrazilCattle ProductsYesJBS evaluated Regulatory, reputational and operational deforestation risks for soy. The identified risks are: Purchase of cattle from deforestation areas involves regulation risks as prosecution from the Public Ministry due to not complying with the conduct adjustment term; financial risks due to possible fines and; reputational (company image). A possible reputational and operational risk with buying cattle from deforestation areas may cause a trade embargo, which can affect exportation to Europe and other markets. Another reputational risk is NGOs`pressure. Another Regulatory and financial risk is a possible conduct from JBS`clients from banning purchases of meat from cattle raised in determined regions of the country, what may turn in a commercial restriction and increase production cost due to changes in supplier locations or plants reallocation.Material riskRegulatory risks associated to this commodity are: Possible purchase of cattle from deforestation areas, which involves regulation risks (for example: prosecution from the Public Ministry due to not complying with the conduct adjustment term). There are also new requirements of new Brazilian Forest Code (2012) and Rural Environmental Registry – CAR, which JBS`suppliers must follow, otherwise JBS will not have raw matterial suppliers able to provide it.Material riskRisks associated to this commodity are: purchase of cattle from deforestation areas, which involves reputation (company image). A possible problem with buying cattle from deforestation areas may cause a trade embargo, which can affect exportation to Europe and other markets impacting sales and company´s image. Another reputational risks is NGOs`pressure, such as Greenpeace. That may appear in media being not interesting for company`s image.Material riskA possible risk with buying cattle from deforestation areas may cause a trade embargo, which can affect exportation to Europe and other interested. With this fact, units may be closed or also may be necessary to follow more requirements to avoid this kind of problems. Another risk may be the restrictions from JBS`clients from banning purchases of meat from cattle raised in determined regions of the country. This may cause shutdown of operational units, or even the necessity to buy raw materials from distant areas, increasing transportation costs.
952014Johnson ControlsUSABiofuelsPartialElimination of ethanol from our commerically purchased vehicle fuel would increase fuel efficiency.Non-material riskAmounts acquired are relatively insignificant compared to overall market for this commodity. Overall, we are unaware of any significant issues or risks with acquiring these commodities by our company.Non-material riskAmounts acquired are relatively insignificant compared to overall market for this commodity. Overall, we are unaware of any significant issues or risks with acquiring these commodities by our company.Amounts acquired are relatively insignificant compared to overall market for this commodity. Overall, we are unaware of any significant issues or risks with acquiring these commodities by our company.
962014JBS S/ABrazilSoyYesJBS evaluated Regulatory, reputational and operational deforestation risks for soy. The identified risks are: Purchasing soy from deforestation areas may cause a trade embargo, which can affect exportation to Europe and other markets, representing an operational and reputational risk. A possible Regulatory and financial risk is a potential new regulation that may ban crops in determined regions from the country, with the need to change suppliers and/or their locations, which can increase production costs due to transportation or reallocation of plants. Another Regulatory and financial risk is a possible requirement from JBS` clients not accepting to purchase poultry and pork fed with soy from determined areas of the country, what could be a commercial restriction.Material riskRegulatory and financial risk may be new regulation that may ban crops in determined areas from the country, being necessary to buy soy from other regions, which can increase production costs.Material riskA possible problem with buying soy from deforestation areas may cause a trade embargo, which can affect exportation to Europe and other markets. The effects may appear in media being not interesting for company`s image. With the expiration of the Soy Moratorium, JBS cannot guarantee to have suppliers involved or signatories of a substitute soy commitment. The uncertainty about the Soy Moratorium future can generate insecurity on JBS as a grain buyer, and on its clients in relation to the sustainable origin of soy fed poultry and pork.Material riskRisk may be the conduct from JBS`clients from banning purchases of soy fed poultry and pork from determined areas of the country. This may turn operational costs higher due the necessity to buy raw material from distance areas. With the expiration of the Soy Moratorium, JBS cannot guarantee to have suppliers involved or signatories of a substitute soy commitment. The uncertainty about the Soy Moratorium future can generate insecurity on JBS as a grain buyer, and on its clients in relation to the sustainable origin of soy fed poultry and pork.
972013Jerónimo Martins SGPS SAPortugalTimberPartialIn 2011, Jerónimo Martins carried out a risk assessment process focusing on threats and opportunities – both for the company and for its supply chain – associated with the different ecosystems services. The process used the Corporate Ecosystem Services Review (ESR) methodology developed by the World Business Council for Sustainable Development (WBCSD) and the World Research Institute (WRI), and encompassed the assessment of operational, regulatory, reputational and market risks and opportunities. Use of forest risk commodities, including timber, was included in the assessment, tough not subject to detailed analysis as it was not selected as priority action area (corporate priority was decided on sustainable fish procurement). Recently, the company undertook an evaluation process of the use, in its own brand products, of forest risk commodities. Wood and processed wood fibre were found in 7% of own brand products (SKUs). Initial supplier survey found that 50% of suppliers could certify sustainable origin of the commodity (FSC, PEFC or SFI certification). Operational risk assessment was based on the intensity of use of wood and wood fibre on own brand products and on availability of information on its sources. Regulatory risk assessment was based on the review of European Union regulations on timber imports (EU Regulation 995/2010). Reputational risk assessment was based on the level of public awareness on the issue of sustainable timber sourcing and on market recognition of forest certification schemes. The company aims to further detail this analysis by assessing the business dependency on the commodity (spending and revenue values), completing supplier survey and evaluating methods for full assurance of sustainable point of origin.Material riskEU Regulation on timber and timber imports (EU Regulation 995/2010) may have some impact on supply chain patterns. Risk is deemed non-material as most of our imports come from inside the European Union and that initial survey of suppliers found that 50% could certify a sustainable origin of the commodity (FSC, PEFC and SFI certification).Non-material riskReputational risk arising from possible non-sustainable sources of wood/wood fibres used in own brand products are expected to increase as public awareness of the issue continues to rise. Risk is deemed non-material as initial survey of suppliers found that 50% could certify a sustainable origin of the commodity (FSC, PEFC and SFI certification).Non-material riskOperational risk arising from reduced availability of wood/wood fibres used in own brand products could exist. Risk is deemed non-material as initial survey of our wood/wood fibre containing products own brand suppliers found that 50% could certify a sustainable origin of the commodity (FSC, PEFC and SFI certification).
982013Jerónimo Martins SGPS SAPortugalPalm OilPartialIn 2011, Jerónimo Martins carried out a risk assessment process focusing on threats and opportunities – both for the company and for its supply chain – associated with the different ecosystems services. The process used the Corporate Ecosystem Services Review (ESR) methodology developed by the World Business Council for Sustainable Development (WBCSD) and the World Research Institute (WRI), and encompassed the assessment of operational, regulatory, reputational and market risks and opportunities. Use of forest risk commodities, including palm oil, was included in the assessment, tough not subject to detailed analysis as it was not selected as priority action area (corporate priority was decided on sustainable fish procurement). Recently, the company undertook an evaluation process of the use, in its own brand products, of forest risk commodities. Palm oil, palm kernel oil and derivatives were found in 6% of own brand products (SKUs). Operational risk assessment was based on the intensity of use of palm oil on own brand products and on availability of information on its sources. Reputational risk assessment was based on the level of public awareness on the issue of sustainable palm oil sourcing and on market recognition of palm certification schemes. The company aims to further detail this analysis by assessing the business dependency on the commodity (spending and revenue values), completing supplier survey and evaluating methods for full assurance of sustainable point of origin.Non-material riskNo specific legislation identified. Enactment, in countries of origin, of restrictions on palm plantation may occur but likelihood is uncertain.Material riskReputational risk arising from possible non-sustainable sources of palm oil and derivatives used in own brand products are expected to increase as public awareness of the issue continues to rise. NGO attention is currently particularly strong for this commodity. Risk is deemed material – though both likelihood and magnitude are uncertain – as the company currently cannot ensure full traceability of the commodity. Palm oil is used as ingredient in 6% of own brand products (SKUs).Non-material riskOperational risk arising from reduced availability of palm oil used in own brand products could exist. Risk is deemed non-material as company dependency on the commodity is limited (6% of own brand products SKUs).
992013Jerónimo Martins SGPS SAPortugalCattle ProductsPartialIn 2011, Jerónimo Martins carried out a risk assessment process focusing on threats and opportunities – both for the company and for its supply chain – associated with the different ecosystems services. The process used the Corporate Ecosystem Services Review (ESR) methodology developed by the World Business Council for Sustainable Development (WBCSD) and the World Research Institute (WRI), and encompassed the assessment of operational, regulatory, reputational and market risks and opportunities. Use of forest risk commodities, including cattle products, was included in the assessment, tough not subject to detailed analysis as it was not selected as priority action area (corporate priority was decided on sustainable fish procurement). Recently, the company undertook an evaluation process of the use, in its own brand products, of forest risk commodities. Processed beef was found in only 2% of own brand products (SKUs). Fresh meat accounts for almost all meat sold at Jerónimo Martins stores. The company assures full traceability to point of origin for all fresh meat and, in 2012, almost 100% came from identified local farms (Portugal and Poland). Operational, regulatory and reputational risks were not further assessed as they were deemed immaterial considering the level of control the company has over a significant part of its meat supply.Non-material riskNo specific legislation identified. Over 80% of all beef (considering fresh meat and processed meat in own brand products) sold in our stores is locally produced (Portugal and Poland), thus deforestation risk is almost null.No riskNo risk is considered to exist as over 80% of all beef (considering fresh meat and processed meat in own brand products) sold in our stores is locally produced (Portugal and Poland), thus deforestation risk is almost null.No riskRisk is deemed non-material as over 80% of all beef (considering fresh meat and processed meat in own brand products) sold in our stores is locally produced (Portugal and Poland).
1002013Jerónimo Martins SGPS SAPortugalSoyPartialIn 2011, Jerónimo Martins carried out a risk assessment process focusing on threats and opportunities – both for the company and for its supply chain – associated with the different ecosystems services. The process used the Corporate Ecosystem Services Review (ESR) methodology developed by the World Business Council for Sustainable Development (WBCSD) and the World Research Institute (WRI), and encompassed the assessment of operational, regulatory, reputational and market risks and opportunities. Use of forest risk commodities, including palm oil, was included in the assessment, tough not subject to detailed analysis as it was not selected as priority action area (corporate priority was decided on sustainable fish procurement). Recently, the company undertook an evaluation process of the use, in its own brand products, of forest risk commodities. Soy bean, soy oil an derivatives were found in 9% of own brand products (SKUs). Operational risk assessment was based on the intensity of use of soy on own brand products and on availability of information on its sources. Reputational risk assessment was based on the level of public awareness on the issue of sustainable soy sourcing and on market recognition of soy certification schemes. The company aims to further detail this analysis by assessing the business dependency on the commodity (spending and revenue values), completing supplier survey and evaluating methods for full assurance of sustainable point of origin.Non-material riskNo specific legislation identified. Enactment, in countries of origin, of restrictions on soy plantation may occur but likelihood is uncertain.Material riskReputational risk arising from possible non-sustainable sources of palm oil and derivatives used in own brand products are expected to increase as public awareness of the issue continues to rise. Risk is deemed material – though both likelihood and magnitude are uncertain – as the company currently cannot ensure full traceability of the commodity. Soy is used as ingredient in 9% of own brand products (SKUs).Non-material riskOperational risk arising from reduced availability of soy used in own brand products could exist. Risk is deemed non-material as company dependency on the commodity is limited (9% of own brand products SKUs).

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created Jan 27 2017

updated Oct 4 2018

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CDP’s forests program targets the largest companies globally, collecting data on their management of deforestation risk through the lens of key agricultural drivers of deforestation (timber, palm oil, soy, cattle products & biofuels). In 2015, 700 companies are requested to respond to the program. The request is issued on behalf of 298 investor signatories with $19 trillion in assets.
Dataset of risk data from respondents to CDP’s forests program in 2013 and 2014. Includes data on company risk assessment processes, as well as the reputational, regulatory and operational risks they identified. This dataset excludes private responders.
Please note that not all companies report on all forest risk commodities. This may be due to the company submitting a partial disclosure or because only a limited number of the commodities are relevant to their business.

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