Nov 13, 2020 9:00 AM
Each year the group participates in the Sustainable Palm Oil Transparency Toolkit (SPOTT) assessment by the Zoological Society of London (ZSL). SPOTT assesses palm oil producers, processors and traders on the transparency of their disclosures regarding policies, operations and commitments to environmental, social and governance (ESG) best practice.
The overall SPOTT score comprises 3 disclosure types, within which the number of assessment categories, indicators and companies changes each year:
The 2020 assessments included 180 ESG indicators across 10 categories:
In the 2020 assessment, REA scored 79.8% , increased from 75.7% in 2019 and compared with an average score of 41.5% for the 100 palm oil companies assessed.