Wilmar International (Wilmar) was ranked number one in the 2021 assessment by the Sustainable Palm Oil Transparency Toolkit (SPOTT), with a total score of over 91% for its transparency and public disclosure on its policies and efforts related to environmental, social and governance (ESG) matters. Wilmar has been part of SPOTT since its inception in 2014. Wilmar ranked fifth in 2019, with a total score of 81%, and third in 2020 with a total score of 88.9%.
SPOTT was developed and is managed independently by the Zoological Society of London (ZSL), an international conservation charity that has been working on wildlife and environmental conservation for almost 200 years. SPOTT annually assesses over 100 global producers, processors and traders of various commodities, including natural rubber, palm oil, pulp and timber, using more than 180 ESG indicators across 10 categories related to sustainability commitments, practices and disclosures.
See: Biggest global agricultural commodity companies including Wilmar, Olam International commit to sustainability roadmap
SPOTT assessments are referred to by investors, commodity buyers and other stakeholders to manage ESG risks and promote transparency across the private sector. Wilmar was recently included in the Dow Jones Sustainability Indices (DJSI) World Index in the Food, Beverage and Tobacco industry grouping for its ESG performance, after having previously been included in the DJSI Asia Pacific Index in 20203.
Wilmar was also included in the FTSE4Good Developed Index and the FTSE4Good ASEAN 5 Index in June 2021. The FTSE4Good Index Series is among the world’s first global ESG index families.
