Environmental & Social Due Diligence of a Teak Plantation Company

Countries

Ecuador

Duration

2021
2021

Client

Private Investor

An international forestry fund committed to a set of international environmental, social and governance (ESG) standards has identified a brownfield investment opportunity in Ecuador. The potential investment encompasses a teak plantation of about 1,000 hectares. Unique was commissioned to assist the fund with the decision-making on the investment and assess the potential investee’s environmental and social performance and associated risks. The task included the assessment of the potential investee’s compliance with national law, no-goes vis-a-vis the fund’s standards, the formulation of an environmental and social baseline and an environmental and social management system.

  • Evaluation of the potential investee’s ESG performance against IFC performance standards and national law
  • Interviews with local stakeholders, assessment of company procedures, and site visits and field observations
  • Evaluation of current and historical land use to assess possible land use change through satellite images
  • Assessment of current biodiversity values including a list of species with conservation status

Recent projects in selected country

Ecuador
Ecuador
2022
2023
Physikalisch Technische Bundesanstalt Braunschweig und Berlin (PTB)
Ecuador
Forestry
Ecuador
2018
2019
Forestry
Ministerio del Ambiente, Agua y Transición Ecológica
Ecuador
Forestry| Climate
Ecuador
2016
2016
Forestry| Climate
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH
Ecuador
Forestry| Climate
Ecuador
2014
2015
Forestry| Climate
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH