Ranking the most influential companies driving tropical deforestation

Every six seconds, an area of rainforest the size of a football pitch is destroyed to make way for the production of commodities such as soy, beef and palm oil. We have just launched our new assessment of the 500 biggest companies in these supply chains - and the financial institutions that fund them, using data from 2020.

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Time for change: Delivering deforestation-free supply chains

There is no solution to the growing climate and nature crisis the world faces without a solution to deforestation. Currently, two thirds of tropical deforestation is driven by agricultural expansion to produce commodities such as soy, palm oil, timber, and beef. The Forest 500 assessment finds that 43% of the 500 companies and financial institutions in forest-risk supply chains do not have a commitment on deforestation. 2021 can be a decisive year for action on market driven deforestation - despite the recent failure of the private sector to achieve the high-profile 2020 global goals.

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We can no longer ignore deforestation hidden in the goods we buy

New research, carried out by Trase (our project in partnership with SEI) for WWF EU, shows the true extent of Europe’s consumption patterns on tropical forests. Between 2005 and 2017, imports to the EU (including the UK) were associated with 3.5 million hectares of deforestation – an area the size of the Netherlands.

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Cattle traders must do more to address deforestation

5 February 2021

Beef and leather traders are the poorest performers in this year’s Forest 500 ranking – with the lowest scores for taking steps to ensure their products are not linked to deforestation

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