Heat butter in a large saucepan over medium-high heat. Add rice to pan, saute 2 minutes or until rice is lightly toasted.
Add broth to saucepan and bring to a boil. Stir in basil, salt, thyme and pepper. Cover, reduce heat to low and simmer 15 to 20 minutes, or until liquid is absorbed and rice is tender.
Remove from heat and stir in the scallions, pine nuts and Parmesan cheese. Serve.
Notes
*Homemade broth or stock may be replaced with 2 cups water plus 1 1/2 teaspoons FODY Chicken Soup Base.