Ecosystem conversion and restoration
The company provides some evidence of addressing conversion; however, this does not guarantee that their practices are aligned with DCF. Although the company aims to achieve conversion-free supply chains, it lacks a time-bound or group-wide target to do so. Furthermore, the company does not commit to ensuring zero conversion nor to restoring ecosystems. There is also a lack of disclosure regarding the specifics and outcomes of any ecosystem restoration projects in areas impacted by the company’s operations or by its suppliers.
GHG emissions
The company should set time-bound targets to reduce its scope 3 greenhouse gas emissions as well as report progress against them. Crucially, its scope 3 targets need to align with a 1.5-degree trajectory.
Impact and dependencies assessment
The company states its intention to assess the environmental impact of its business activities, yet there’s an opportunity to assess its impacts on nature, including biodiversity, within its own operations. It also has an opportunity to assess and disclose its impacts on nature in its supply chain, its dependencies on nature within its own operations, and its dependencies on nature within its upstream business relationships.
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
While the company discloses the types of trees cultivated in its forests and takes steps to ensure its operations do not impact the vulnerable dugong species, it has opportunities for further disclosure. Specifically, the company can extend its reporting to include all species populations in and adjacent to its locations, aligned with national and international conservation lists. Additionally, it can disclose locations important for biodiversity both within its operations and related to its suppliers.
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 demonstrates evidence of commitment to reduce production of hazardous substances but does not show evidence of actions going beyond legal compliance. It should commit to avoid developing or marketing new chemicals or products with SVHC (substance of very high concern) properties. The company has an opportunity to disclose quantitative evidence regarding plastic use reduction and use of sustainable packaging, including the amount of plastic waste generated and proportions directed from or to disposal. It could also report on air quality parameters of emissions of harmful air pollutants and disclose time-bound targets to reduce air pollutants across the most material parts of its value chain.
Water
The company has an opportunity to further improve water withdrawal by showing year-on-year reductions in water withdrawal, setting time-bound targets to reduce water withdrawal, and engaging with suppliers. It also has an opportunity to improve on its disclosure on water pollution by disclosing water pollutant metrics and setting time-bound targets to reduce them. The company does not disclose relevant information on rights to water in its operations or supply chains.
