Cosun

Sustainability strategy and accountability
The company discloses its process for identifying and prioritising its most relevant sustainability impacts as well as the outcome of this process, in relation to its sustainability strategy.

Resource exploitation and circularity performance
The company discloses activities to improve soil health or agrobiodiversity in its production or sourcing practices.

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

Act ethically
The company discloses a global tax strategy. Furthermore, it has a policy prohibiting bribery and corruption.

Provide and promote decent work
The company has a publicly available policy statement in which it commits to respecting the health and safety of workers.

Respect human rights
The company has a publicly available policy statement committing it to respect human rights, along with a human rights grievance mechanism accessible to all workers.

Lobbying
The company does not report on its lobbying and advocacy practices on nature-related issues, nor whether these activities align with its sustainability strategy.

Stakeholder engagement
The company has an opportunity to disclose an overview of the issues raised by each stakeholder group during its stakeholder engagement activities and to describe its process, including frequency and channels, for engaging with stakeholder groups beyond materiality assessment.

Sustainability strategy and accountability
The company discloses some sustainability objectives/targets including climate. However, there is an opportunity to establish group-wide targets for the most material parts of its value chain and report consistently against all its targets. Also, it has an opportunity to disclose having persons, teams or committees who are responsible for the implementation of its sustainability strategy and assign decision-making and oversight responsibility for its sustainability strategy to the highest governance body. Furthermore, the company could link performance criteria in senior executives’ remuneration policies to targets and objectives which cover nature, including biodiversity, and social issues. Lastly, it could improve its transparency by disclosing whether its highest governance body has expertise with respect to the company’s most material sustainability topics.

Ecosystem conversion and restoration
No evidence was found regarding the company’s efforts to avoid ecosystem conversion, including deforestation, or promote restoration. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets.

GHG emissions
The company should set time-bound targets to reduce its scope 1, 2 and 3 greenhouse gas emissions as well as report progress against them. Crucially, the company needs to reduce its scope 1,2 and 3 emissions and its targets need to align with a 1.5-degree trajectory.

Impact and dependencies assessment
While the company is engaged in sustainable agriculture through its Groeikracht program and focuses on themes such as weed control, healthy soil, and biodiversity, it has an opportunity to assess its impacts on nature, including biodiversity, within its own operations. Additionally, the company could benefit from evaluating and disclosing its dependencies on nature within its operations and in its upstream business relationships to provide a fuller picture of its environmental impact and 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 has an opportunity to disclose locations within or adjacent to areas important for biodiversity, both in its own operations and its supplier locations. It could also disclose existing species populations existing in or adjacent to both its own and its suppliers’ locations, as well as the conservation status of species identified at its own sites according to national and international lists.

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
The company does not disclose relevant information related to pollution in its operations or supply chains.

Water
The company does not disclose relevant information related to water, in its operations or supply chains.

Indigenous Peoples’ and land rights
The 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 has an opportunity to include anti-bribery and anti-corruption clauses in its business relationships’ contracts. While it has a mechanism for stakeholders to raise bribery and corruption concerns, it is unclear if it has a confidential and anonymous channel accessible to all stakeholders without fear of reprisals.
Furthermore, the company can demonstrate ethical conduct by publishing a policy statement that outlines its approach to lobbying and political engagement and emphasizes its non-participation in political contributions, or alternatively, states the criteria of exceptions. It could also transparently disclose all lobbying expenditures.

Provide and promote decent work
The company has an opportunity to strengthen its commitment to workers’ health and safety by extending the expectation to its business relationships and providing evidence of monitoring their compliance. Additionally, it could set a time-bound target for ensuring all workers receive a living wage, describes the living wage determination methodology, and discloses strategies to support suppliers in paying a living wage.
Furthermore, the company could disclose public commitment to gender equality and women’s empowerment and disclose related time-bound targets. It could also disclose that it has at least 30% women on the board and reports the ratio of the basic salary and remuneration of women to men.

Respect human rights
The company has a publicly available policy statement that commits it to respect specific workers’ rights and expects its business relationship to do the same. However, it has an opportunity to reference all the International Labour Organization (ILO) fundamental rights at work. Additionally, while it has conducted materiality assessment, it could describe the process for identifying human rights risks and impacts across all its activities, including its suppliers, as well as the process for assessing and identifying its salient human right issues. Moreover, the company could establish a global system to address these salient human rights issues by implementing preventive, mitigative, or remedial measures.