Deal #3747 | Version 94092 | Version 94093 |
---|---|---|
General info | ||
Size under contract (leased or purchased area) |
|
|
Comment on land area | Land titles for 29 066ha. Company annual report 2011 states 28 261ha. 6090ha under palm oil. Company website on the plantation indicates 6084ha planted but no indication of date. Company website states Brabanta was acquired by SOCFIN in 2007 with a size of 8380ha. This may refer only to the concession signed in 2007. Sustainability report 2019 only mentions the 2007 concession with a planted size of 6169ha. | Land titles for 29 066ha. Company annual report 2011 states 28 261ha. 6090ha under palm oil. Company website on the plantation indicates 6084ha planted but no indication of date. Company website states Brabanta was acquired by SOCFIN in 2007 with a size of 8380ha. This may refer only to the concession signed in 2007. Sustainability report 2019 only mentions the 2007 concession with a planted size of 6169ha. SOCFIN annual report states size under contract of 8380ha. It is assumed that the plantations were downscaled. |
Intention of investment |
|
|
Comment on intention of investment | Oil production for domestic market, in particular for industrial sectors such as food, soap and cosmetics. The company also intends to expand into rubber. | Oil production for domestic market, in particular for industrial sectors such as food, soap and cosmetics. The company also intends to expand into rubber. Spott intiative states socfin's DRC operations (Brabanta): 13,000 ha have been set aside for conservation (forest preservation). |
Comment on negotiation status | The land was previously owned by Unilever who abandoned the plantation in the 1980s. Different concessions have different start years: 1992/2005/2007/2011. 10 concessions in total. Not enough information available on individual concessions to disaggregate them. | The land was previously owned by Unilever who abandoned the plantation in the 1980s. Different concessions have different start years: 1992/2005/2007/2011. 10 concessions in total. Not enough information available on individual concessions to disaggregate them. SOCFIN 2023 annual report (pg 59) states date of initial lease with renewals is 2004-2022 with a size under contract of 8380ha. |
Implementation status |
|
|
Employment | ||
Investor info | ||
Local communities / indigenous peoples | ||
Former use | ||
Produce info | ||
Water | ||
Gender-related info | ||
Overall comment | ||
Meta | ||
Locations | ||
Data sources | ||
Data source #3BP92o6e | ||
File | ||
Type | Other | |
Url | ||
Keep PDF not public | No | |
Organisation | SPOTT | |
Comment on data source | SPOTT scorecard for SOCFIN group | |
Data source #GkyR_SG0 | ||
File | ||
Type | Company sources | |
Url | ||
Keep PDF not public | No | |
Publication title | SOCFIN annual report 2023 | |
Date | 2023 | |
Organisation | SOCFIN | |
Contracts |