Marubeni

A major trading house in Japan with leading market shares in the pulp & paper trade, Marubeni is exposed to widespread social conflict through its pulp production in South Sumatra by subsidiaries PT Musi Hutan Persada (PT MHP) and PT Tanjung Enim Lestari Pulp & Paper (PT TEL), and to deforestation and illegal logging risks through its trade in rainforestderived paper and timber products. Marubeni has no policies specific to forest-risk commodities and fails to disclose relevant supply chain ESG risks or due diligence measures.