Amorepacific Group

Lobbying
The company discloses a list of its five major industry associations.

Stakeholder engagement
The company discloses the key responses to the issues raised by each stakeholder group during the engagement process, as well as its process for engaging with stakeholder groups, including frequency and channels.

Sustainability strategy and accountability
The company discloses its process for identifying and prioritising its most relevant sustainability impacts, and reports progress against all the targets it has set.

GHG emissions
The company discloses a time-bound target to reduce its scope 1 and 2 emissions, and reports quantitative reductions against the target. It also reports a quantitative reduction in its scope 3 emissions.

Solid and air pollution
The company discloses quantitative data with regards to plastic use reduction and use of sustainable packaging. The company discloses targets to improving its packaging materials to reduce plastic use, and reports against the target.

Water
The company demonstrates it is reducing water withdrawal in its own operations, and that it has no production sites in regions with high water stress. The company reports a decrease in water pollution and discloses its processes for managing and monitoring discharge water quality. The company regularly reports on water pollution metrics.

No leading practices were identified in the social inclusion and community impact area.

Act ethically
The company maintains a publicly available policy against bribery and corruption, clearly stating that employees are prohibited from engaging in corrupt activities, including bribery, and must adhere to domestic and international laws such as the Anti-Graft Act and the OECD Anti-Bribery Convention. It integrates anti-bribery and anti-corruption clauses in contracts with business partners, requiring adherence to its Code of Ethics and Supplier Sustainability Guidelines, which mandate a commitment to legal and ethical practices, including the prohibition of corruption and bribery. An external organization or the company itself monitors compliance, with potential termination of relationships for non-compliance. Additionally, the company operates an Ethics Hotline in multiple languages, providing a channel for stakeholders to report unethical behaviors or human rights violations anonymously, ensuring protection against retaliation. The company reports no expenditures on political donations or lobbying activities.

Provide and promote decent work
The company demonstrates its commitment to health and safety through its publicly available policy and robust management practices. It mandates both executives and employees to comply with health and safety regulations and extends this expectation to its business relationships, requiring adherence to its Code of Ethics and Supplier Sustainability Guidelines. The company conducts comprehensive sustainability assessments of its suppliers, incorporating international standards such as the RBA Code of Conduct and OECD Guidelines for Corporate Due Diligence, and has performed third-party assessments on 119 suppliers over three years to ensure ongoing compliance and improvement in health and safety management. Additionally, the company supports gender equality and women’s empowerment, evidenced by its status as a signatory to the Women’s Empowerment Principles since April 2020.

Respect human rights
The company conducts annual human rights due diligence across its value chain, employing methods like written surveys, on-site due diligence, self-inspections, and checklists based on the Universal Declaration of Human Rights and ILO Standards. This process checks for issues such as forced labour, discrimination, and consumer rights, tailored to stakeholders like employees, customers, and suppliers. Corrective actions are taken as needed, including specific interventions for identified issues like workplace harassment. Moreover, the company has a human rights policy that commits to managing these risks systematically, ensuring continuous improvement and adherence to their human rights commitments across all business operations and geographical locations.

Lobbying
The company has an opportunity to disclose a clear and detailed framework for assessing alignment of its trade associations with its sustainability targets, as well as potential misalignments between the lobbying activities of its trade associations and its sustainability targets.

Stakeholder engagement
The company discloses the objectives of its stakeholder engagement activities for each stakeholder group. However, no evidence was found that the company provides an overview of the issues raised by each stakeholder group and whether these issues extend beyond the materiality assessment.

Sustainability strategy and accountability
The company links environmental goals to executive compensation but does not disclose whether it includes social issues. While time-bound targets are set for ecosystem conversion, climate, and social inclusion, there is no evidence of measurable goals for critical areas like biodiversity, nutrition, water, and soil health. Although the Board of Directors’ skill matrix is disclosed, it does not demonstrate expertise within the highest governance body regarding the company’s most pressing environmental challenges.

Ecosystem conversion and restoration
The company lacks a commitment to ensuring zero conversion and does not disclose activities aimed at achieving conversion-free supply chains. Additionally, it has not set any time-bound targets to establish these supply chains. Moreover, the company is not committed to restoring ecosystems and fails to disclose details and outcomes of ecosystem restoration projects in areas affected by its own operations or those of its suppliers.

GHG emissions
The company’s scope 1 and 2 emissions targets have an opportunity to be aligned with a 1.5-degree trajectory. The company has an opportunity to disclose a time-bound target to reduce its scope 3 greenhouse gas emissions, aligned with a 1.5-degree trajectory, and report progress against them.

Impact and dependencies assessment
The company has not holistically assessed its impacts or how it depends on nature, including biodiversity. It has an opportunity to start such an assessment across its value chains, focused on quantification of its impacts or dependencies.

Invasive species
The company has not identified any activities that could lead to the introduction of invasive alien species in its own operations.

Key areas and species
The company does not disclose key species or areas important for biodiversity affected by its operations or suppliers. It has an opportunity to increase its transparency.

Resource exploitation and circularity performance
No evidence was found regarding the company’s efforts to work towards a circular economy or which organisms it exploits. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets.

Solid and air pollution
While the company discloses its chemical management policies, it does not provide evidence of reducing the use or production of hazardous chemicals. The company does not commit to avoiding the development or marketing of new chemicals or products with SVHC (substance of very high concern) properties. Additionally, the company is not reducing the production of hazardous waste. It does not report on the amount of plastic waste generated or the proportions directed to or diverted from disposal. Furthermore, the company does not report time-bound targets to reduce air pollutants across the most material parts of its value chain.

Water
The company does not disclose a time-bound target to reduce water withdrawal across its own operations, and it does not engage with suppliers to reduce water withdrawal. Furthermore, it does not disclose targets to reduce water pollution. Additionally, the company does not disclose a commitment to respecting the right to water, nor does it disclose its processes for implementing preventive and corrective action plans for identified specific risks to the right to water and sanitation in its own operations.

Indigenous Peoples’ and land rights
The company requires its palm oil partners to adhere to Free, Prior, and Informed Consent (FPIC) in land usage or transfer, but does not company does not show if it is committed to respecting Indigenous Peoples’ rights or land rights of local communities.

Safe, clean, healthy and sustainable environment
The company has an opportunity to commit to respecting local communities’ right to a safe, clean, healthy and sustainable environment, and to zero tolerance for acts of violence, threats, intimidation or judicial harassment committed against land and environmental rights defenders. Moreover, it should track its actual or potential negative impacts on the health of local communities.

Act ethically
The company maintains an anti-corruption management system and pursues political neutrality, yet it lacks formal policy commitments and does not disclose its lobbying expenditures. It has an opportunity to formalise its stance on political contributions and provide clear guidance for third-party lobbyists’ compliance.

Provide and promote decent work
The company reports on various health and safety metrics but omits key data such as high-consequence injuries and comprehensive injury types. It asserts that its remuneration exceeds minimum wage yet does not clarify if these wages meet living standards nor commits to a timeline for achieving a living wage. There is also no support detailed for ensuring living wages in its business relationships. The company’s board comprises a small percentage of women, and while it discloses wage ratios for a subsidiary, it does not provide a full comparison across its operations. The company has an opportunity to disclose a broad commitment to gender equality and detailed targets for women’s empowerment.

Respect human rights
The company declares support for the principles of the Universal Declaration of Human Rights but lacks a robust formal policy commitment. Its public policy statement against discrimination, forced and child labour is in place; however, the commitment to broader ILO fundamental rights is missing. There is also no detailed public disclosure on processes for identifying and addressing human rights risks within its operations or through business relationships. The company has an opportunity to strengthen its formal policy commitments and to develop a detailed, transparent system for human rights due diligence.