Nov 06, 2019 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 best practice.
To incentivise implementation of best practice, companies are assessed on:
Whilst the number of assessment categories, indicators and companies changes each year, the overall SPOTT score comprises three categories of disclosure:
REA scored 75.7% in October 2019, ranking 8th out of 99 companies assessed. By comparison, in 2018 REA scored 70%, ranking 19th out of 70 participating companies, and in 2017 scored 67%, ranking 16th out of 50 participating companies.