Go back to the interactive dataset
Canada - forestry
This is a filtered view based on 2014 - Forests Risk Assessment.
| Row number | Year | Organization | Country HQ | Forest Risk Commodity | Forest Risk Assessment | Forest Risk Process | Regulatory risks - Risk Present | Regulatory risks - Further Details | Reputational Risks - Risk Present | Reputational Risks - Further Details | Operational Risks - Risk Present | Operational Risks - Further Details | Water 2014 - Number of drivers |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 251 | 2014 | SCA | Sweden | Timber | Yes | The SCA Environmental Committee and SCA Public Affairs Fiber Network are responsible for the assessment of risks relating to sustainable forest management and its potential business and physical effects on SCA and its stakeholders. The Committee includes environmental managers from all business areas and the Senior Vice President Sustainability. The tools for identifying business risk including regulatory risk (e.g. impacts of EU Timber regulations, the US Lacey Act, Australian Timber Regulations), operational risk (e.g. securing supply of sustainable wood material) and reputational risk (e.g. reliance on certification) primarily comprise of getting continuous reporting from the business units and the annual strategy process, which includes risk management. Much time and resources are dedicated to interact both vertically and horizontally in the organisation so that risks associated with sourcing of wood based products are identified and escalated to the Group. Most operational risks are managed by SCA’s business units at a local level, but are coordinated centrally when necessary and to inform SCA’s overall business strategy. SCA regularly carries out materiality analysis to understand what issues are most important and relevant to SCA to inform SCA’s strategy and operations. The 2013 analysis was based on a survey of 1,500 internal and external stakeholders in combination with SCA’s own assessment of the strategic importance of the areas. To mitigate the risks with sourcing of wood based products, SCA has a Group target to achieve and maintain zero fresh fiber-based material, including pulp, from controversial sources. This involves considerable control efforts along the supply chain. SCA requires pulp suppliers to demonstrate reliable systems and have documented procedures in place to enable control of the supply chain and traceability of the origin of wood raw materials. The company performs assessments and supplier visits to ensure suppliers meet the requirements in SCA’s Global Supplier Standard. Nine supplier mills were audited in 2013 and this work will continue in 2014. All SCA's pulp suppliers to mills and factories, with 100% SCA ownership, are FSC and/or PEFC Chain of Custody certified. | Material risk | SCA manages several regulatory risks related to wood supply with a potential to impact pulp and pricing policy. Large changes in the FSC/PEFC criteria or in new timber regulations could affect the availability and access to certified timber, which would drastically reduce SCA’s supply. This would lead to SCA not fulfilling its own target to source from certified timber suppliers. It could also prevent SCA from delivering FSC/PEFC Chain of Custody certified products to its customers. This is seen as a material risk since this would negatively influence SCA’s sales and thereby profit. SCA conducts regular comprehensive strategic reviews and monitors developments in global legislative developments related to: - Impact of certification schemes standard changes (i.e. Due Diligence systems; forestry management practices etc.) - Impact of new legislation (EU Timber regulations, the US Lacey Act, Australian Timber Regulation etc.) - Developing demands for environmental (Eco) labels (e.g. EU Eco-label, Nordic Swan, etc.) - Carbon neutrality of Biomass - Genetically Modified Organisms (GMOs) - Social issues (e.g. Indigenous population rights) -Longer term macro trends (population growth, land use change, land availability, climate change etc.). | Non-material risk | SCA currently does not source from controversial sources. Although deforestation, in particular tropical forest deforestation is a major global issue to address, pulp, paper and packaging are not major contributors to deforestation. About 50% of wood raw materials used in SCA’s forest products operations are sourced from the Group’s forests. The remainder is sourced from suppliers, the majority of which are located in Sweden. SCA’s own forests have been certified according to the FSC standard since 1999, and the PEFC standard since 2011.All suppliers of pulp to factories and mills, with 100% SCA ownership, are Chain of Custody (CoC) certified according to FSC and/or PEFC. SCA’s purchasing policy for wood raw materials includes a step-by-step process to support suppliers in their transition to third-party certification. The Group undergoes audits to verify compliance with both standards for both SCA’s own forests and for suppliers. Since SCA actively undertake activities to ensure full traceability in our supply chain and that no sourcing is made from controversial sources, we don’t see that this pose a material risk for our reputation. SCA works with several groups including relevant industry associations (e.g. CEPI), the major certification bodies (SCA is a board member of FSC International), the World Business Council for Sustainable Development's Forest Solutions Group, and the consumer Goods Forum Pulp, Paper and Packaging group to support broader movements towards sustainable forest management practices. Promoting the use of forest products from sustainable sources can help counteract the economic and social forces driving deforestation by providing an alternative, sustainable land use. | Material risk | Operational risks for SCA associated with producing timber are connected with SCA not meeting the criteria and demand from international certification organisations, such as FSC and PEFC. Should SCA lose its FSC certification for forest management, it would influence SCA’s availability of certified wood material since 50 % of the wood supply is from our own forest holdings. This is a material risk since it would lead to SCA not fulfilling its own target to source from certified timber suppliers. In addition, the demand of wood for fuel is increasing, which leads to higher competition of the wood resources globally. Operational risks for SCA associated with buying pulp are due to failure of internal control processes and the human factor. This could influence SCA’s aces to certified pulp. SCA has systems and tools in place to reduce the risks of mistakes and facilitate continuous assessment. Another part of this work is to communicate clear organizational responsibility. | |
| 252 | 2014 | Sekisui House, Ltd. | Japan | Timber | Yes | F1.3 当社は、木材に関して詳しい国際環境NGO “FoE Japan”の協力を得て作成した独自の「木材調達ガイドライン」を制定し、運用を行っている。この制定過程において、環境NGOから木材をめぐる国際的な規制の状況、伐採地の情報などを入手し、それを基に評判リスク、事業リスクなどへの影響を検討した。 F1.3 Our company has established and applies our own “Wood Procurement Guidelines” which has been created in partnership with an international NGO, “FoE Japan” which is knowledgeable about woods. In this establishment process, we obtained information on the status of international regulations regarding wood products and logging area from the environmental NGO, and based on those, examined the effects on reputational risks, business risks and others. | Material risk | <F10.1、10.3> Tightening global regulations threaten our ability to ensure a stable wood supply <Our response against this risk> In many cases, local environmental NGOs have the latest information regarding logging restrictions. Since we have ties with a network of globally operating environmental NGOs, we can promptly obtain such information and share it with wood suppliers so that they can make preferential supply arrangements for us as needed. | Non-material risk | ||||
| 253 | 2013 | Shiseido Co., Ltd. | Japan | Palm Oil | Yes or 100% third party certified raw materials already achieved | 他社が受けた環境NGO等からの指摘例とその対応について自社で想定研究している。 | No risk | Non-material risk | 現在、自社で使用しているパーム油についてRSPO認証を得ることでパーム原産地の森林保全に配慮しているが、仮にこれらの対応をしていない場合、評判リスクとなる可能性がある。 | Non-material risk | 現在、自社で使用しているパーム油についてRSPO認証を得ることでパーム原産地の森林保全に配慮しているが、仮にこれらの対応をしていない場合、評判リスクが顕在化し、事業リスクへとつながる可能性がある。 | ||
| 254 | 2014 | Shiseido Co., Ltd. | Japan | Palm Oil | Yes | 他社が被ったNGO等からの攻撃例とその対応について、自社で想定研究している。対象商品、サプライヤーリストを作成し、RSPOに入会し、認証取得を開始するなどリスク対応している。 | No risk | Non-material risk | 現在、自社で使用しているパーム油についてRSPO認証を得ることでパーム原産地の森林保全に配慮しているが、仮にこれらの対応をしていない場合、評判リスクとなる可能性がある。 | Non-material risk | 現在、自社で使用しているパーム油についてRSPO認証を得ることでパーム原産地の森林保全に配慮しているが、仮にこれらの対応をしていない場合、評判リスクが顕在化し、事業リスクへとつながる可能性がある。 | ||
| 255 | 2013 | Sky plc | United Kingdom | Timber | Yes or 100% third party certified raw materials already achieved | Risk assessment has been carried out using the following approach: 1. Meetings held with key areas of the business (e.g. procurement, creative) to understand scope of paper and wood based products procured, estimated volumes and processes followed to procure items. 2. Risk is determined on the basis of: volume of item purchased by Sky; type of product; end use; country of origin; supplier; if Sky is end user. The Environment Team's review includes reputation and tropical deforestation risk. 3. The risk assessment process is updated annually. | Material risk | There is a potential risk that timber/wood based product procured could be derived from a CITES listed species. Our responsible sourcing programme has been implemented to mitigate this risk, and we maintain both Responsible Sourcing Principles and Responsible Sourcing Questionnaire that becomes business as usual across our suppliers. | Material risk | The key reputational risk is if Sky was to procure a product that is sourced from illegally or unsustainably harvested sources. This would undermine Sky's environment programme and Sky Rainforest Rescue campaign which is in partnership with WWF. Our responsible sourcing programme has been implemented to mitigate this risk, and our responsible sourcing questionnaire as business as usual and a key requirement for our suppliers. | Material risk | Use of paper-based products is crucial for Sky's marketing communications, customer transactional communications, enabling transport and use of Sky products. As a result, ensuring availability of supply of sustainably sourced paper (eg. for transactional billing) is essential and there is the risk that shortfall in supply of sustainably sourced paper would impact on business activity. | |
| 256 | 2013 | Sky plc | United Kingdom | Palm Oil | Yes or 100% third party certified raw materials already achieved | Sky's main sites in Osterley, West London, and Scotland include restaurants where a variety of food and drink products are available. Sky is supplied by a global catering firm - Gather and Gather - with whom we work closely with. The relative volume of products purchased is low, Sky is the end user and we have put in place a responsible sourcing programme with them, and therefore have assessed the tropical deforestation and reputational risks as low. This information forms the basis of an improvement plan, to be followed by both parties. They also have real values in the food they buy, produce, serve • Following the provenance and story of where food is grown and produced • Considering the environment in all activities they do • Developing a sustainability culture and initiatives further into their business in order to ensure the business is sustainable Gather & Gather is committed to local, seasonal food where possible and sourcing their ingredients with this in mind. Gather & Gather also cook using fats which are low in saturates. Olive oil is used in dressings and salsas and rape seed oil is used for frying . When required they can also source products which are lower in saturates such as dairy and they endeavor to use leaner cuts of red meat when featured on their menus. | Non-material risk | Non-material risk | Non-material risk | ||||
| 257 | 2013 | Sky plc | United Kingdom | Cattle Products | Yes or 100% third party certified raw materials already achieved | Sky's main sites in Osterley, West London, and Scotland include restaurants where a variety of food and drink products (including meat) are available. Sky is supplied by a global catering firm - Gather & Gather - who we work closely with. The relative volume of products purchased is low, Sky is the end user and we have put in place a responsible sourcing programme with them, and therefore have assessed the tropical deforestation and reputational risks as low. We are continually working with Gather & Gather to ensure these products are from sustainable sources. We know that Gather and Gather is committed to local, seasonal food where possible and they are sourcing their ingredients with this in mind. Gather and Gather source beef from two butchers within the UK who only supply beef that is “Red Tractor Assured” and “Quality Meat Scotland”. | Non-material risk | Non-material risk | Non-material risk | ||||
| 258 | 2013 | Sky plc | United Kingdom | Soy | Yes or 100% third party certified raw materials already achieved | Sky's main sites in Osterley, West London, and Scotland include restaurants where a variety of food and drink products (including soy based products) are available. Sky is supplied by a global catering firm - Gather & Gather - who we work closely with. We are continually working with Gather & Gather to ensure these products are from sustainable sources and are aware that they are working with key clients to identify the impact of soy in high volume lines supplied and are exploring product substitution where feasible to ensure these products are from sustainable sources. The relative volume of products purchased is low, Sky is the end user and we have put in place a responsible sourcing programme with them, and therefore have assessed the tropical deforestation and reputational risks as low. We are continually working with Gather & Gather to ensure these products are from sustainable sources and are aware that they are working with key clients to identify the impact of soy in high volume lines supplied and are exploring product substitution where feasible. | Non-material risk | Non-material risk | Non-material risk | ||||
| 259 | 2013 | Sky plc | United Kingdom | Biofuels | Yes or 100% third party certified raw materials already achieved | We are still looking into alternatives with respect to our fleet vehicles. We have, and continue to keep abreast of the market for electric vehicles and hydrogen/hybrid options; and in the interim stages looking at suitable improved biodiesel fuel sources, including collaborating with other companies to explore other green fuel options. We are being constrained by the lack of suitable available alternatives on the market. We purchase diesel for use in our Sky Shuttle Buses in Osterley and this meets the government requirements of 5% biodiesel content. We are currently working with our supplier, Fuel Oils, to ensure that the 5% biodiesel is sustainably sourced and if we can improve/increase this. However, given the relatively low volume we procure, the fact that Fuel Oils procure from major fuel suppliers and the fact that Sky are the end user; the risk of tropical deforestation and to Sky's reputation is considered low. To reduce the amount of diesel used by the taxi's that we procure, our preferred suppliers are based on a stringent set of criteria - either vehicles that are hybrids, or those that use a sustainable biodiesel source including recycled vegetable oil. Our service provider, Gather & Gather recycle all cooking oil that is used for cooking. Gather & Gather provide Sky with the amount (liters) of recycled waste oil and Sky reports on it in its annual sustainability report. | Non-material risk | Non-material risk | Non-material risk | ||||
| 260 | 2014 | Sky plc | United Kingdom | Timber | Yes | Sky’s risk assessment is carried out using the following approach. 1. Meetings are held with key areas of the business (e.g. procurement, creative, operational contractors) to understand scope of paper and wood based products procured, estimated volumes and processes followed to procure items. 2. The regulatory, reputational and operational deforestation risk based on the volume of the item being purchased by Sky are then assessed; the type of product; end use; country of origin; supplier; if Sky is the end user. 3. The risk assessment process is updated accordingly when procuring any relevant material, or, at a minimum, annually. | Non-material risk | There is a small potential risk that wood and paper products procured by Sky could be derived from a CITES listed species. However, Sky’s Wood and Paper Purchasing Policy is there to mitigate this risk. The PEFC and FSC certifications ensure strict requirements for responsible forest management are being met. To further ensure compliance, we maintain a Responsible Sourcing Programme through which we uphold our Responsible Sourcing Policy and implement a third party Responsible Sourcing Questionnaire. It has become an integral part of our transactions with suppliers. | Non-material risk | A small, immaterial reputational risk resides in Sky’s purchase of timber and paper products. If Sky was to procure a product that was sourced from illegal or unsustainably harvested sources, this would go against our policy and undermine Sky’s environment programme and its Sky Rainforest Rescue campaign, which is in partnership with WWF. However, Sky’s Wood and Paper Purchasing Policy, alongside Sky’s Responsible Sourcing Programme mitigate this risk and are an integral part of the relationship we have with suppliers. | Non-material risk | The use of paper-based products is crucial for Sky's marketing communications and customer transactional communications. As a result, ensuring availability of supply of sustainably sourced paper is important and there is the risk that shortfall in supply of sustainably sourced paper would have a significant impact on business activity. However, in the context of Sky’s other operations there are much greater, business critical risks that exist and make the operational risk of a shortfall in sustainably sourced comparatively small, and as such make it an immaterial issue to the business. | |
| 261 | 2013 | Smithfield Foods, Inc. | USA | Timber | No | We have begun discussions with our primary cardboard and paperboard suppliers to determine how deforestation risk might be assessed. | Non-material risk | Future regulation related to timber harvesting or deforestation might have an impact on cost or availlability of timber for packaging materials. However, we are not aware of any current risk. | Non-material risk | Being connected with an illegal or inappropriate deforestation situation might lead to a reputational issue. Also, customers/consumers made require/expect a higher level of source verification than we currently have in place. | Non-material risk | If our supply of packaging materials somehow became limited, our operations (their ability to package our products) could be impacted from an availability or cost perspective. | |
| 262 | 2014 | Smithfield Foods, Inc. | USA | Timber | Partial | Major suppliers have indicated that deforestation risk information is generally not yet available. We continue discussions to determine how deforestation risk might be assessed. | Non-material risk | The possibility exists that some raw materials could be sourced by our 2nd tier or beyond suppliers that is not produced in accordance with all applicable laws and regulations. However, the impact of any regulatory response to non-compliance would not likely impact our operations as we and our first tier suppliers would be able to move to more appropriate sources. | Material risk | Being connected with a non-compliant or inappropriate souce could influence our customers to seek out other suppliers based on reputational concerns. | Non-material risk | A shortage of materials could potentially occur that might lead to a shortage on our part. However, with multiple sources available, this seems unlikely. | |
| 263 | 2013 | Smurfit Kappa Group PLC | Ireland | Timber | Yes or 100% third party certified raw materials already achieved | At end of 2012 we have assessed 100 % of the wood entering our operations as from non-controversial origin and 55 % are FSC or PEFC certified. Regarding virgin paper we purchased from external at end of 2012, 95 % of this paper was FSC or SFI certifed chain of custody or controlled wood certified. | Material risk | In Europe the legislation in place since the 3rd March 2013 is the Eu Timber regulation (Regulation n° 995/2010) | Material risk | It is our policy to only purchase timber/wood from certified origin and/or from controlled wood origin. Our risk therefore should be non-material. However, there is an indirect risk, for example that NGOs campaign against forest product companies using non CoC certified and/or Non-controlled origin forest products such as pulp produced in Indonesia. from those campaign, indirectly there is a reputational risk. | Material risk | To prevent any risk of deforestation when purchasing pulp and other timber based products we purchase only CoC certified material. However the percentage of certied forests is limited so there is a risk that there is less certified timber products available than our demand for such products. | |
| 264 | 2014 | Smurfit Kappa Group PLC | Ireland | Timber | Yes | At end of 2013 we have assessed 100 % of the wood entering our operations as from non-controversial origin. 56 % are FSC or PEFC certified, the rest is from controlled wood ( FSC Controlled wood certified). Regarding virgin paper we purchased from external, at end of 2013, 98 % of this paper was FSC or SFI certifed chain of custody or FSC Controlled Wood certified. | Material risk | In Europe the legislation in place since the 3rd March 2013 is the Eu Timber regulation (Regulation n° 995/2010) | Material risk | It is our policy to only purchase timber/wood from certified origin and/or from controlled wood origin. Our risk therefore should be non-material. However, there is an indirect risk, for example that NGOs campaign against forest product companies using non CoC certified and/or Non-controlled origin forest products such as pulp produced in Indonesia. From those campaign, indirectly there is a reputational risk, for the whole paper industry. | Material risk | To prevent any risk of deforestation when purchasing pulp and other timber based products we purchase only CoC certified material. However the percentage of certied forests is limited so there is a risk that there is less certified timber products available than our demand for such products. | |
| 265 | 2013 | Sodexo | France | Biofuels | Yes or 100% third party certified raw materials already achieved | Sodexo's use of biofuels is extremely limited and Sodexo is working with all of its sites where cooking oil is used in order to ensure that Used Cooking Oil is collected and recycled in order to provide a renewable source of biofuels. As such, Sodexo's assessment of its risk related to biofuels is that the risk of any sort is extremely low. | No risk | Regulations in relation to biofuel would have no impact on our business our volume is so small | No risk | There is no reputational risk in relation to biofuel, our volume is so small | No risk | Sodexo purchases only a very small volume of biofuels and would not be impacted if it was no longer able to do so. | |
| 266 | 2013 | Sodexo | France | Timber | Yes or 100% third party certified raw materials already achieved | When Sodexo was developing the Better Tomorrow Plan during the Fiscal Year 2009, a materiality study was carried out with the major stakeholders. Timber was identified as a material commodity area for Sodexo to commit to improve the sustainability of its business. As such a working group is set up to identify the risks and opportunities related to each category and to define the strategy on how best to mitigate the risks and optimise the opportunities. This working group is tasked with producing and regularly updating a position paper summarising the risks and opportunties identified as well as the Group's commitments and strategy for the coming years. The risk assessment covers physical risks, regulatory risks and reputational risks to Sodexo's business. | Non-material risk | Sodexo's purchases of paper are dispersed over many different types of product and in many geographies. Legislation regarding the timber industry tends to concern illegal logging which Sodexo is already working to avoid through the use of paper from sustainably certified or recycled sources | Material risk | Many of Sodexo's stakeholders including our employees, clients, consumers and NGOs are increasingly interested in understanding how companies source their raw materials | Non-material risk | Although there is an increasing shift to the use of electronic or plastic supports, our Benefits and Rewards activity is still partly dependent on the ability to source paper in order to carry out its activity. | |
| 267 | 2013 | Sodexo | France | Palm Oil | Yes or 100% third party certified raw materials already achieved | When Sodexo was developing the Better Tomorrow Plan during the Fiscal Year 2009, a materiality study was carried out with the major stakeholders. Sustainable Agriculture was identified as a material area for Sodexo to commit to improve the sustainability of its business. Sodexo subsequently worked with the WWF within the framework of our technical agreement to identify the most material commodity groups within the agriculture in general and palm oil was one of the five commodities identified based on : - Greenhouse gas emissions from deforestation - Water footprint and river basins - Overlap with areas of high biodiversity - Social concerns - Sourcing volumes and cost As a result, a working group for palm oil was set up to work with some of the major palm oil consuming countries (in Europe, North America, South America and Asia) to identify the risks and opportunities related to each category and to define the strategy on how best to mitigate the risks and optimise the opportunities. This working group is tasked with producing and regularly updating a position paper summarising the risks and opportunties identified as well as the Group's commitments and strategy for the coming years. The risk assessment covers physical risks, regulatory risks and reputational risks to Sodexo's business. | Non-material risk | Whilst Sodexo takes its purchases of palm oil seriously and is in the process of deploying a strategy to increase the sustainability of its sourcing, palm oil is a relatively small commodity for which regulation would not have a major impact | Material risk | Many of Sodexo's stakeholders including our employees, clients, consumers and NGOs are increasingly interested in understanding how companies source their raw materials | Non-material risk | Whilst Sodexo takes its purchases of palm oil seriously and is in the process of deploying a strategy to increase the sustainability of its sourcing, palm oil is a relatively small commodity which does not have major operational risks associated with it. | |
| 268 | 2013 | Sodexo | France | Cattle Products | Yes or 100% third party certified raw materials already achieved | When Sodexo was developing the Better Tomorrow Plan during the Fiscal Year 2009, a materiality study was carried out with the major stakeholders. Sustainable Agriculture was identified as a material area for Sodexo to commit to improve the sustainability of its business. Sodexo subsequently worked with the WWF within the framework of our technical agreement to identify the most material commodity groups within the agriculture in general and beef was one of the five commodities identified based on : - Greenhouse gas emissions from deforestation - Water footprint and river basins - Overlap with areas of high biodiversity - Social concerns - Sourcing volumes and cost As a result, the Group has worked to carry out a full risk assessment including physical, reputational and regulatory risks involved with beef and is working on the deployment of a strategy to reduce those risks. | Material risk | Regulations in relation to beef could have a material impact on Sodexo's business due to the importance of this commodity in our business. However the geographical spread of our activities and our ability to substitute the use of beef with other animal or vegetable proteins means that such impacts are limited | Material risk | Many of Sodexo's stakeholders including our employees, clients, consumers and NGOs are increasingly interested in understanding how companies source their raw materials | Non-material risk | The purchase of beef is important to Sodexo's business, however the geographical spread of our activities and our ability to substitute the use of beef with other animal or vegetable proteins means that risks are limited | |
| 269 | 2013 | Sodexo | France | Soy | Yes or 100% third party certified raw materials already achieved | When Sodexo was developing the Better Tomorrow Plan during the Fiscal Year 2009, a materiality study was carried out with the major stakeholders. Sustainable Agriculture was identified as a material area for Sodexo to commit to improve the sustainability of its business. Sodexo subsequently worked with the WWF within the framework of our technical agreement to identify the most material commodity groups within the agriculture in general and soywas one of the five commodities identified based on : - Greenhouse gas emissions from deforestation - Water footprint and river basins - Overlap with areas of high biodiversity - Social concerns - Sourcing volumes and cost As a result, the Group has worked to carry out a full risk assessment including physical, reputational and regulatory risks involved with beef and is working on the deployment of a strategy to reduce those risks. | Material risk | Regulations in relation to soy could have a material impact on Sodexo's business due to the importance of this commodity in our business. However the geographical spread of our activities means that such impacts are limited | Material risk | Many of Sodexo's stakeholders including our employees, clients, consumers and NGOs are increasingly interested in understanding how companies source their raw materials | Non-material risk | Sodexo does not purchase soy directly but mostly indirectly as animal feed through its purchases of meat, poultry and dairy products. | |
| 270 | 2014 | Sveaskog | Sweden | Timber | Yes | Analysis of possible deforestation risks in Swedish forest management and in connection to limited imports of wood from the Baltic region. | Material risk | EU Timber Regulation | Material risk | Although Sveaskog are 100% certified on all timber sources there is always a reputational risk associated with tree cutting, due to high level of media coverage and potential NGO campains on forest issues | Non-material risk | ||
| 271 | 2014 | Sodexo | France | Timber | When Sodexo was developing the Better Tomorrow Plan during the Fiscal Year 2009, a materiality study was carried out with the major stakeholders. This materiality study has been renewed as part of the process to evolve the Better Tomorrow Plan towards 2025. Timber continues to be identified as a material commodity area for Sodexo to work on in order to improve the sustainability of its business. As such a working group is set up to identify the risks and opportunities related to each category and to define the strategy on how best to mitigate the risks and optimise the opportunities. This working group is tasked with producing and regularly updating a position paper summarising the risks and opportunties identified as well as the Group's commitments and strategy for the coming years. The risk assessment covers physical risks, regulatory risks and reputational risks to Sodexo's business. | Non-material risk | Sodexo's purchases of paper are dispersed over many different types of product and in many geographies. Legislation regarding the timber industry tends to concern illegal logging which Sodexo is already working to avoid through the use of paper from sustainably certified or recycled sources | Material risk | Many of Sodexo's stakeholders including our employees, clients, consumers, NGOs and financial investors are increasingly interested in understanding how companies source their raw materials | Non-material risk | Although there is an increasing shift to the use of electronic or plastic supports, our Benefits and Rewards activity is still partly dependent on the ability to source paper in order to carry out its activity. | ||
| 272 | 2014 | Sodexo | France | Palm Oil | When Sodexo was developing the Better Tomorrow Plan during the Fiscal Year 2009, a materiality study was carried out with the major stakeholders. This materiality study has been renewed as part of the process to evolve the Better Tomorrow Plan towards 2025. Sustainable Agriculture was identified as a material area for Sodexo to commit to improve the sustainability of its business. Sodexo subsequently worked with the WWF within the framework of our technical agreement to identify the most material commodity groups within the agriculture in general and palm oil was one of the five commodities identified based on : - Greenhouse gas emissions from deforestation - Water footprint and river basins - Overlap with areas of high biodiversity - Social concerns - Sourcing volumes and cost As a result, a working group for palm oil was set up to work with some of the major palm oil consuming countries (in Europe, North America, South America and Asia) to identify the risks and opportunities related to each category and to define the strategy on how best to mitigate the risks and optimise the opportunities. This working group is tasked with producing and regularly updating a position paper summarising the risks and opportunties identified as well as the Group's commitments and strategy for the coming years. The risk assessment covers physical risks, regulatory risks and reputational risks to Sodexo's business. | Non-material risk | Whilst Sodexo takes its purchases of palm oil seriously and is in the process of deploying a strategy to increase the sustainability of its sourcing, palm oil is a relatively small commodity for which regulation would not have a major impact | Material risk | Many of Sodexo's stakeholders including our employees, clients, consumers, NGOs and financial investors are increasingly interested in understanding how companies source their raw materials | Non-material risk | Whilst Sodexo takes its purchases of palm oil seriously and is in the process of deploying a strategy to increase the sustainability of its sourcing, palm oil is a relatively small commodity which does not have major operational risks associated with it. | ||
| 273 | 2014 | Sodexo | France | Cattle Products | When Sodexo was developing the Better Tomorrow Plan during the Fiscal Year 2009, a materiality study was carried out with the major stakeholders. This materiality study has been renewed as part of the process to evolve the Better Tomorrow Plan towards 2025. Sustainable Agriculture was identified as a material area for Sodexo to commit to improve the sustainability of its business. Sodexo subsequently worked with the WWF within the framework of our technical agreement to identify the most material commodity groups within the agriculture in general and beef was one of the five commodities identified based on : - Greenhouse gas emissions from deforestation - Water footprint and river basins - Overlap with areas of high biodiversity - Social concerns - Sourcing volumes and cost As a result, the Group has worked to carry out a full risk assessment including physical, reputational and regulatory risks involved with beef. The initial strategy has been defined focusing in particular on the reduction of consumption through consumer awareness and food waste management. Additional strategic avenues are in progress to further reduce the risks. | Material risk | Regulations in relation to beef could have a material impact on Sodexo's business due to the importance of this commodity in our business. However the geographical spread of our activities and our ability to substitute the use of beef with other animal or vegetable proteins means that such impacts are limited | Material risk | Many of Sodexo's stakeholders including our employees, clients, consumers, NGOs and financial investors are increasingly interested in understanding how companies source their raw materials | Non-material risk | The purchase of beef is important to Sodexo's business, however the geographical spread of our activities and our ability to substitute the use of beef with other animal or vegetable proteins means that risks associated with supply shortages or price volatility are limited. More important factors are issues with traceability and fraud that have become highly visible through recent scandals particularly in Europe. | ||
| 274 | 2014 | Sodexo | France | Soy | When Sodexo was developing the Better Tomorrow Plan during the Fiscal Year 2009, a materiality study was carried out with the major stakeholders. This materiality study has been renewed as part of the process to evolve the Better Tomorrow Plan towards 2025. Sustainable Agriculture was identified as a material area for Sodexo to commit to improve the sustainability of its business. Sodexo subsequently worked with the WWF within the framework of our technical agreement to identify the most material commodity groups within the agriculture in general and soywas one of the five commodities identified based on : - Greenhouse gas emissions from deforestation - Water footprint and river basins - Overlap with areas of high biodiversity - Social concerns - Sourcing volumes and cost As a result, the Group has worked to carry out a full risk assessment including physical, reputational and regulatory risks involved with soy. The initial strategy has been defined focusing in particular on the reduction of consumption through consumer awareness and food waste management. Additional strategic avenues are in progress to further reduce the risks. | Material risk | Regulations in relation to soy could have a material impact on Sodexo's business due to the importance of this commodity in our business. However the geographical spread of our activities means that such impacts are limited | Material risk | Many of Sodexo's stakeholders including our employees, clients, consumers, NGOs and financial investors are increasingly interested in understanding how companies source their raw materials | Non-material risk | Sodexo does not purchase soy directly but mostly indirectly as animal feed through its purchases of meat, poultry and dairy products. This indirect purchase is important to Sodexo's business, however the geographical spread of our activities and our ability to substitute the use of meat protein with vegetable proteins means that risks associated with supply shortages or price volatility are limited. | ||
| 275 | 2014 | Sofidel S.p.A. | Italy | Timber | Yes | Every year Sofidel send to pulp suppliers a questionnaire with the following requests: • Name of the manufacturer of pulp and the name and address of the manufacturing plant; • Geographical origin of the wood used for the production of cellulose and indication of the sub-national region of origin; • Indication of the percentage of wood associated with the geographical origin; • Indication of the type of wood used (common name and, where applicable, the scientific name); • Indication of the main steps in the logistics chain, from the origin of the timber to the stage of pulp and paper production; • Certificates of forest management and chain of custody forest owned by the manager of the forest resource and the producer of pulp; • Documents or other information indicating compliance of the harvested wood with the applicable legislation. • Human rights and working conditions; • Health and safety aspects; • Corporate ethics and corruption • CSR management Once received back the questionnaire, Sofidel checks the correct fulfillment of the questions, performs the risk assessment for each raw material and arranges for the archiving both paper and electronic questionnaires. Electronic archiving is done on the database “josh archive” accessed via web. The elements of assessment are the following: • Assurance of compliance with applicable legislation, which may include certification or other third-party- verified schemes which cover compliance with applicable legislation, • Prevalence of illegal harvesting of specific tree species, • Prevalence of illegal harvesting or practices in the country of harvest and/or sub-national region where the timber was harvested, including consideration of the prevalence of armed conflict, • Complexity of the supply chain of timber and timber products. For the suppliers that do not answer to the questionnaire are forecast different steps of action, from the remainders to the cancellation from the list of the suppliers . A sort of risk assessment is also carried out to evaluate the production of wood pulp at country level. The procedure is not formalized yet but every year information from difference sources (UNEP, UNECE/FAO, FSC, PEFC, GLOBAL FOREST WATCH, others) are collected to evaluate the risk related to each country. Sofidel is not purchasing pulp from risky countries to minimize the reputational risk. | Material risk | Sofidel has to perform a due diligence accordingly to the regulation (EU) no 995/2010 of the European parliament and of the council of 20 October 2010 that lays down the obligations of operators who place, for the first time, timber and timber products on the European market. Sofidel’s operations are defined as operator and verifies that such requirements can be applied to virgin fibre pulp purchased. Reference documents are: Regulation (EU) no 995/2010 of the European parliament and of the council of 20 October 2010 laying down the obligations of operators who place timber and timber products on the market (the regulation). Commission implementing regulation (EU) no 607/2012 of 6 July 2012 on the detailed rules concerning the due diligence system and the frequency and nature of the checks on monitoring organisations as provided for in regulation (EU) no 995/2010. Guidance document for the EU timber regulation (available at http://ec.europa.eu/environment/forests/timber_regulation.htm) | Material risk | Buying forest products from controversial sources could create major concerns on Sofidel stakeholders giving rise to NGO’s negative campaigns and public boycotts of our products creating major damages to Sofidel’s public reputation. A good reputation is a fundamental resource that can significantly help Sofidel to create added value for its products and to develop long term loyal relationship with its customer. Please consider Sofidel doesn’t have “business to business” relation but its customer is the consumer: that means a bad reputation will have an immediate bad impact on the consumer loyalty. A bad reputation could also decrease the possibility to get access to financial markets (reducing dramatically the negotiation power with banks and financial institutions preventing Sofidel from doing future investments) and to get access to the labour market since, for an equal pay, talent people will prefer a sustainable company than a company with a bad reputation. | Material risk | Certified forest sources are limited and concentrated in determined area of the world: this situation could create a lack of supply of certified forest products (in case of over-demand) with a related price volatility. To avoid this risk, Sofidel secures its needs with long term contracts with suppliers able to grant regular deliveries of certified forest products. | |
| 276 | 2013 | Stanley Black & Decker, Inc. | USA | Timber | No | Material risk | EU Timber Regulations | Non-material risk | Reputational issues associated with buying timber components from non-compliant sources. | No risk | |||
| 277 | 2014 | Stanley Black & Decker, Inc. | USA | Timber | Partial | On an ongoing basis we are using our Global Sourcing Processes specifically our Engineering Specification (ES)100118 which is the Stanley Black & Decker Corporate list of banned and restricted substances that we allow in our products to identify timber use as part of our finished products and to gather the relevant information relating to these products. This is communicated to our Supply Chain by our Restricted Substance Declaration System. This is a self developed tool that has been introduced to allow us to communicate with our Supply Chain on specifically on substance related issues The resulting Supply Chain response information is used to evaluate any potential risk associated with timber in our products. | Material risk | Stanley Black & Decker is exposed to regulatory risk particularly through the Lacey Act in the United States and the European Union Timber Regulations. This has seen us amend our Global Sourcing, Sustainability and Trade Compliance processes to ensure we have the correct processes in place to source and transport timber around the globe in the correct manner. These process are used to ensure that our supply remains secure and we are not exposed to reputational risk through the sourcing of timber from an incorrect source. | Non-material risk | Stanley Black & Decker has a major global brand and reputation to maintain and damage to this reputation will have major business consequences. We have processes in place to manage disruption within our business from stakeholder concerns such as NGOs and corporate expose. We work hard to ensure that we work fairly with all stakeholders. To date we have seen no disruption to our business thorugh this type of issue. | Material risk | There are operational risks for Stanley Black & Decker through producing timber based products or buying timber. Through our Global Sourcing processes we manage these risks to ensure that security of supply, price volatility and sustainable sourcing are minimal. This includes having dual material sources, long term pricing contracts in place and regular supplier audits to ensure that all of our expectations are being met. | |
| 278 | 2013 | Stonyfield Farm Inc | USA | Timber | Partial | We are always reviewing our suppliers to ensure they are aligned with our values. We evaluate every packaging decision based on our packaging sustainability goals and we do our best with each decision to ensure that our packaging is that which: Is beneficial, safe, and healthy for individuals and communities throughout its life cycle; Meets market criteria for performance and cost; Is sourced, manufactured, transported, and recycled using renewable energy; Maximizes the use of renewable or recycled source materials; Is manufactured using clean production technologies and best practices; Is made from materials healthy in all probable end-of-life scenarios; Is physically designed to optimize materials and energy; and Is effectively recovered and utilized in biological and/or industrial cradle-to-cradle cycles. * From Sustainable Packaging Coalition, 2006 | No risk | No risk | No risk | ||||
| 279 | 2013 | Stonyfield Farm Inc | USA | Palm Oil | Partial | We are always reviewing our suppliers to ensure they are aligned with our values, and this particular supplier has a formidable ongoing risk assessment and abatement strategy, which they make public. The supplier is RSPO and organic certified, and they have had a zero deforestation and forest preservation policy since 2001. We only use certified organic palm oil, which inherently contains requirements that limit several aspects of ecological risk. | No risk | No risk | No risk | ||||
| 280 | 2013 | Stonyfield Farm Inc | USA | Soy | Partial | We are always reviewing our suppliers to ensure they are aligned with our values. We only use certified organic soy sourced from North America. | No risk | No risk | No risk | ||||
| 281 | 2013 | Stonyfield Farm Inc | USA | Biofuels | Partial | Our supplier to ensures that our B5 and B20 meets all ASTM standards. We chose our supplier because it conforms to our internal biofuels position, which is that it comes only from waste vegetable oil and never from virgin oil. | No risk | No risk | No risk | ||||
| 282 | 2014 | Stonyfield Farm Inc | USA | Timber | Partial | No Risk. We are always reviewing our suppliers to ensure they are aligned with our values. We evaluate every packaging decision based on our packaging sustainability goals and we do our best with each decision to ensure that our packaging is that which: Is beneficial, safe, and healthy for individuals and communities throughout its life cycle; Meets market criteria for performance and cost; Is sourced, manufactured, transported, and recycled using renewable energy; Maximizes the use of renewable or recycled source materials; Is manufactured using clean production technologies and best practices; Is made from materials healthy in all probable end-of-life scenarios; Is physically designed to optimize materials and energy; and Is effectively recovered and utilized in biological and/or industrial cradle-to-cradle cycles. * From Sustainable Packaging Coalition, 2006 | No risk | No risk | No risk | ||||
| 283 | 2014 | Stonyfield Farm Inc | USA | Palm Oil | Partial | No Risk. We are always reviewing our suppliers to ensure they are aligned with our values, and this particular supplier has a formidable ongoing risk assessment and abatement strategy, which they make public. The supplier is RSPO and organic certified, and they have had a zero deforestation and forest preservation policy since 2001. We only use certified organic palm oil, which inherently contains requirements that limit several aspects of ecological risk. | No risk | No risk | Consumers/3rd parties may not be aware of environmental and health differences between organic and non-organic. | No risk | |||
| 284 | 2014 | Stonyfield Farm Inc | USA | Soy | Partial | No Risk. We are always reviewing our suppliers to ensure they are aligned with our values. We only use certified organic soy sourced from North America. | No risk | No risk | Consumers/3rd parties may not be aware of environmental and health differences between organic and non-organic. | No risk | |||
| 285 | 2014 | Stonyfield Farm Inc | USA | Biofuels | Partial | No Risk. Our supplier ensures that our B5 and B20 meet all ASTM standards. We chose our supplier because it conforms to our internal biofuels position, which is that it comes only from waste vegetable oil and never from virgin oil. | No risk | No risk | No risk | ||||
| 286 | 2014 | Sveaskog | Sweden | Biofuels | Yes | Analysis of life cycle data for RME, from domestic crops, and of wood material from Swedish forests. | Material risk | EU Criteria for biofuels | Non-material risk | Risks associated to RME insignificant. Risks in connection to other sources of biofuel currently small | Non-material risk | ||
| 287 | 2014 | Stora Enso Oyj | Finland | Timber | Yes | Stora Enso traces 100% of wood it purchases to ensure the wood comes from legal and acceptable sources. 78% of wood used by the company (in 2013) was certified. All Stora Enso's own and/or joint venture plantations in production are third party certified (PEFC and/or FSC). In addition, independent third party Environmental and Social Impact Assessment (including economic assessment) and internal feasibility studies have been conducted to all Stora Enso plantations prior to their establishment. Please see more comments in the 'Further information section'. | Material risk | We observe the new "EU regulation laying down the obligations of operators who place timber and timber products on the market" and comply its demands for the due diligence system. We also comply with the regulations of the Lacey Act in the USA. | Material risk | Stora Enso is observed by different NGOs (MST, World Rainforest Movement, Friends of the Earth, Greenpeace, Swedish Society for Nature Conservation etc.) - especially our operations in emerging markets (e.g. Veracel in Brazil and Stora Enso Guangxi in China) have received media attention. The criticism was not related to deforestation but to land ownership and land use rights. We see a reputational risk coming from the fact that the pulp and paper industry is the target for criticism, as it is often involved in using large areas of land and other natural resources. | Material risk | We see a market related risk: Customers are sensitive and want "conflict free" products - this is especially true during periods of structural overcapacity/oversupply. If customers stop buying from us, we are forced to reduce our capacity. | |
| 288 | 2014 | Sumitomo Forestry Co., Ltd. | Japan | Timber | Yes | [Physical operational risks] Since its foundation, the Sumitomo Forestry Group has developed its business centered around timber. Timber is one of the blessings of biological diversity, and there is the risk of the Group’s business losing its foundation if this blessing is lost. The Sumitomo Forestry Group considers these to be important risks, and in response in 2007 the Group established the Timber Procurement Philosophy and Policy, the Timber Procurement Standards that stipulate matters such as evaluation standards for legality, and the Timber Procurement Action Plan that established concrete numerical targets as handles sustainable timber. In the Timber Procurement Action Plan targets have been set to increase the handling rate for timber certified by a third party organization (timber from certified forests) . The Group not only procures sustainable timber from other companies, it also conducts plantation forest operations on its own in areas around the world such as Indonesia and Papua New Guinea. [Regulatory risks] As laws and regulations aimed at eliminating timber that has been logged illegally are being strengthened in countries around the world, if the Sumitomo Forestry Group is not capable of responding adequately to these laws and regulations as applicable, it could become exposed to risks including compliance risks and the risk of having to pay compensation for damages. To ensure that it does not handle timber that has been logged illegally, the Sumitomo Forestry Group established the Timber Procurement Philosophy and Policy and the Timber Procurement Action Plan in 2007, and conducts legality verification on all overseas suppliers of timber that it imports directly from. The procedures of the Group’s legality verification initiatives are described in the [“Futher Information”]. [Reputational risks] ・In the event of a supplier of the Sumitomo Forestry Group failing to comply with laws and regulations concerning logging, it could negatively affect Sumitomo Forestry and its impaired brand image may result in sales decrease in the timber distribution business. In order to avoid these risks, the Sumitomo Forestry Group conducts legality verification in accordance with the procedure described in [Regulatory risks]. ・Information on timber procurement risk is exchanged with NGOs such as WWF Japan as called for. | Material risk | The Sumitomo Forestry Group has developed its business centered around timber. For this reason, if the Group is not able to appropriately respond to regulations concerning illegal logging, it could become exposed to risks including compliance risks and the risk of having to pay compensation for damages, and accordingly regulatory risk is considered to be an important risk. For example, the EU enforced the EU Timber Regulation (EUTR) in March 2013. A similar regulation (the Revised Lacey Act) has already come into effect in the US and regulations are also being developed in Australia. The objective of these regulations is to eliminate illegal logging that has an adverse impact on the economy, environment, and society and to eliminate unfair competition in order to increase the value of legal timber to ensure that timber and timber construction materials that have been managed appropriately are distributed in the market. The EUTR covers businesses (importers and suppliers) that import timber to the EU market (the 27 member countries) and the products covered by the regulations consist of nearly all timber and timber products that are sold in the EU. The regulations mainly obligate business to (1) take appropriate measure to ensure that timber that has been logged illegally and timber products from this illegal timber is not shipped, (2) to conduct due diligence to verify legality, and (3) to ensure traceability (having an understanding on the history information of timber handled). As a means of risk management for these issues, the Sumitomo Forestry Group established the Timber Procurement Philosophy and Policy and the Timber Procurement Action Plan in 2007, and conducts legality verification on all overseas suppliers of timber that it imports directly from. The Group’s legality verification procedures are described in the [“Futher Information”]. Legality verification was completed in FY 2009 based on these procedures, and subsequently the Group has continued to implement these initiatives. In FY 2012 the Group formulated the Third Timber Procurement Action Plan that stipulates targets for FY 2013 to FY 2015. It stipulates that legality checks shall be continued for not only directly imported timber, but all suppliers of timber and timber products handled by the Sumitomo Forestry Group. | Material risk | In the event of a supplier of the Sumitomo Forestry Group failing to comply with laws and regulations concerning logging such as the EUTR, it could negatively affect Sumitomo Forestry and its brand image and as a result cause sales in the timber distribution business to decrease. Accordingly, the Group considers a reputational risk as an important risk. As stated in F10.1, laws and regulations aimed at eliminating timber that has been logged illegally are being strengthened in countries around the world, such as the EU Timber Regulation in the EU and the Revised Lacey Act in the US. In the event of a supplier of the Sumitomo Forestry Group failing to comply with laws and regulations concerning logging, it could negatively affect Sumitomo Forestry as a trading company that handles their products, impair its brand image and as a result cause sales in the timber distribution business to decrease. If the timber procurement conducted by the Sumitomo Forestry Group is viewed by an environmental NGO as not giving sufficient consideration to environmental issues or social issues such as occupational safety and health or human rights, this could lead to a negative campaign on a global level, which in turn could negatively affect its brand image and cause sales to decrease not only in the timber distribution business, but in the housing business as well. As a means of risk management for these issues, the Sumitomo Forestry Group established the Timber Procurement Philosophy and Policy and the Timber Procurement Action Plan in 2007, and conducts legality verification on all overseas suppliers of timber that it imports directly from. The Group’s legality verification procedures are described in the [“Futher Information”].Legality verification was completed for all suppliers of directly imported timber in FY 2009 based on these procedures, and subsequently the Group has continued to implement these initiatives. The Group formulated the Third Timber Procurement Action Plan in FY 2012 that stipulates targets for FY 2013 to FY 2015. It stipulates that legality checks shall be continued for not only directly imported timber, but all suppliers of timber and timber products handled by the Sumitomo Forestry Group. Initiatives will be continued to clarify the traceability of all timber handled and further improve the accuracy of legality verification. | Material risk | Since its foundation, the Sumitomo Forestry Group has developed its business centered around timber, and the volume of timber procured from forest by the Group is one of the highest levels among Japanese companies. The Group’s business could lose its foundation if timber is lost. Furthermore, even if there is a change in only the quality or volume of timber, it will be necessary to respond in some way, and this could be a major factor of costs increase. Therefore, business risks are considered to be an important risk. In preparation for possible future insufficiencies in raw materials, the Sumitomo Forestry Group not only procures sustainable timber from other companies, it also conducts plantation forest operations on its own in areas around the world such as Indonesia and Papua New Guinea. | |
| 289 | 2013 | SunOpta Inc. | Canada | Timber | Partial | SunOpta recognizes that the standards and practices followed by its suppliers can positively impact the critical global challenges of deforestation. Therefore, it is our ambition to work with our suppliers of timber materials to ensure they are striving to source raw materials from forests and forested landscapes that have not led or will not lead to deforestation. SunOpta is sourcing the majority of our corrugate and paper bag materials to meet the requirements of our North American food processing operations packaging needs from suppliers that have attained FSC or SFI recognition. Raw wood pulp is sourced from a North American provider that is FSC certified as a provider of sustainable forest products. | No risk | Non-material risk | No risk | ||||
| 290 | 2013 | SunOpta Inc. | Canada | Palm Oil | Yes or 100% third party certified raw materials already achieved | We source from one supplier that is the pioneer and leading grower of Organic ingredients in South America. All product is certified by the following organizations: RSPO, ECO, USDA Organic, JAS, approved by BIO Suisse | No risk | Material risk | Adherence to the standards and practices set-out under the USDA NOP (National Organic Program) Standards. Membership of good standing to the principles of RSPO membership. | Material risk | The continuing supply of sustainable organic product to meet our current and growing sourcing requirements. Our current supply relationship is dedicated to a vertically-integrated supplier. We are vulnerable to impacts that could adversely affect the supply of raw material and / or finished product for sale to our customers. The inability of our supplier to deliver or perform for us in a timely or cost-effective manner could cause inadequate supply to meet customer demand. | ||
| 291 | 2013 | SunOpta Inc. | Canada | Soy | Partial | SunOpta is a vertically integrated food company, which means we are involved in every step along the way. We work directly with the farmers in the USA and other parts of the world, own our own processing facilities and distribute our products domestically and internationally. SunOpta encourages and promotes organic agriculture farming methods. SunOpta contracts with over 3,000 certified organic growers who grow a variety of crops. SunOpta actively supports the economic vitality of North American soybean growers who are committed to environmentally - sound farming practices. We work directly with farmers to offer them premium pricing contracts for their Non-GMO and Organic soybeans. | No risk | Material risk | Adherence to the standards and practices set-out under the USDA NOP (National Organic Program) Standards | Material risk | SunOpta Foods is affected by governmental agricultural policies such as price supports and acreage set aside programs and these types of policies may affect our business. The production levels, markets and prices of raw material that we use in our business are materially affected by government programs, which include acreage control and price support programs of the USDA. Revisions in these programs, in the U.S. and elsewhere could have an adverse effect on the results of our operations. | ||
| 292 | 2013 | Sveaskog | Sweden | Timber | Yes or 100% third party certified raw materials already achieved | Analysis of possible deforestation risks in connection to managing a large share (14%) of the Swedish forest area and in connection to Sveaskog's timber purchasing activities in Sweden and the Baltic region. | Material risk | EU Timber Regulation | Material risk | Although we have 100% certification of controlled wood for all our sources there is always a reputational risk associated with tree harvesting, due to high level of media coverage on forest issues and potential NGO campagns. | Non-material risk | ||
| 293 | 2013 | Sveaskog | Sweden | Biofuels | Yes or 100% third party certified raw materials already achieved | Analysis of life cycle data for RME, based on the domestic oil-rich crop rape. | Material risk | EU Criteria for Biofuels | Non-material risk | Reputational risks associated to buying RME are deemed to be insignificant. Risks connected to other sources of biofuel might in the future be material. | Non-material risk | ||
| 294 | 2013 | Taisei Corporation | Japan | Biofuels | Yes or 100% third party certified raw materials already achieved | We use biofuel from disposed oil from individual kitchen and do not use from soy or corn, so we do not believe any risk to use biofuel except quality to damage or not damage our construction equipment. | Material risk | Commodity issue is discussed if necessary. The supply of disposed oil for biofuels will be stopped if the import of cooking oil is stopped. | Non-material risk | We are considering the way to improve reputations as a whole company. | Non-material risk | We are supporting the development of technologies and the expansion of the market, indirectly. | |
| 295 | 2014 | Taisei Corporation | Japan | Timber | Partial | Nowadays there are no regulatory risks about timber in Japan. Also there are no deforestation risks in our construction works and we have no construction works in the rainforest area of southeast Asia or southern America. And we purchase wooden products through trading companies. We are receiving no reputational risks although some NGOs are reporting that some of trading companies are importing uncertified timber. A new regulation regarding certified timber may be enforced along Green purchasing law in the future. | Material risk | If timber regulation similar to the EU forest law applied in Japan, material shortage may occur at the beginning stage. | Non-material risk | It is possible to use developing domestic products if public concern is increased and contract specification requests to use them. | Non-material risk | It is possible to use developing domestic products if public concern is increased and contract specification requests to use them. | |
| 296 | 2014 | Taisei Corporation | Japan | Biofuels | Partial | We use biofuel from disposed oil from individual kitchen and do not use from soy or corn, so we do not believe any risk to use biofuel except quality to damage or not damage our construction equipment. | Material risk | Commodity issue is discussed if necessary. The supply of disposed oil for biofuels will be stopped if the import of cooking oil is stopped. | Non-material risk | We are considering the way to improve reputations as a whole company. | Non-material risk | We are supporting the development of technologies and the expansion of the market, indirectly. | |
| 297 | 2013 | Tesco | United Kingdom | Timber | Partial | Risk assessment not completed for packaging for the UK business or wood/wood products outside of UK business. | Material risk | Compliance with the EU Timber Regulation that came into force in March 2013 | Material risk | Failure to protect the Group’s reputation and brand in the face of ethical, legal or moral challenges, such as sourcing products that directly contribute to deforestation, could lead to a loss of trust and confidence, a decline in customer base and affect our ability to recruit and retain good people. | Non-material risk | The key operational risks around sourcing timber are price instability and security of supply. Presently these are non-material risks but the risk level may increase in the future. | |
| 298 | 2013 | Tesco | United Kingdom | Palm Oil | Yes or 100% third party certified raw materials already achieved | Risk assessment undertaken for the UK business only. | No risk | There is currently no relevant regulation regarding the use of sustainable palm oil and therefore no regulatory risk. | Material risk | Failure to protect the Group’s reputation and brand in the face of ethical, legal or moral challenges, such as sourcing products that directly contribute to deforestation, could lead to a loss of trust and confidence, a decline in customer base and affect our ability to recruit and retain good people. | Non-material risk | The key operational risks around sourcing palm oil are price instability and security of supply. Presently these are non-material risks but the risk level may increase in the future. | |
| 299 | 2013 | Tesco | United Kingdom | Cattle Products | Partial | A risk assessment has not been made for all leather products. | No risk | There is currently no relevant regulation regarding the use of cattle products and therefore no regulatory risk. | Material risk | Failure to protect the Group’s reputation and brand in the face of ethical, legal or moral challenges, such as sourcing products that directly contribute to deforestation, could lead to a loss of trust and confidence, a decline in customer base and affect our ability to recruit and retain good people. | Material risk | The discovery of horsemeat in some of the products sold by several major retailers, including Tesco, has shaken consumer trust in us and the products we sell. Several products had to be removed from sale and we were subject to investigation by the Food Standards Agency. This has shown us that the key material risk in sourcing cattle products, is around the quality of the product, i.e. it is what we think it is. Other operational risks around sourcing cattle products are price instability and security of supply. | |
| 300 | 2013 | Tesco | United Kingdom | Soy | Yes or 100% third party certified raw materials already achieved | Risk assessment undertaken for the UK business only | No risk | There is currently no relevant regulation regarding the use of soy and therefore no regulatory risk. | Material risk | Failure to protect the Group’s reputation and brand in the face of ethical, legal or moral challenges, such as sourcing products that directly contribute to deforestation, could lead to a loss of trust and confidence, a decline in customer base and affect our ability to recruit and retain good people. | Non-material risk | The key operational risks around sourcing soy are price instability and security of supply. Presently these are non-material risks but the risk level may increase in the future. |
About
This information is now on Primer
All the information that is in this pane, and more, is now on Primer, in a more consumable and user friendly format. You can also edit metadata from this page.
Take me there!
Description
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.
Activity
- Community Rating
-
Current value: 0 out of 5
- Raters
- 0
- Visits
- 450
- Downloads
- 152
- Comments
- 0
- Contributors
- 0
Meta
- Category
- Companies
- Permissions
- Public
- Tags
- 2013, 2014
- SODA2 Only
- Yes
Licensing and Attribution
- Data Provided By
- (none)
- Source Link
- (none)
License Type
- License Type
- CDP Open Database License
