Nine years of ranking the most influential companies driving tropical deforestation
Deforestation and human rights: too many companies and financial institutions ignoring the critical link
In our second annual human rights briefing, Forest 500 data reveals that the majority of the 350 companies and 150 financial institutions with the greatest influence on tropical deforestation are failing to take sufficient action to prevent human rights abuses associated with deforestation and land conversion.
2023: A watershed year for action on deforestation
For nine years, Global Canopy’s Forest 500 has tracked the policies and performance of the 350 most influential companies and 150 financial institutions linked to deforestation in their supply chains and investments.
We are three years past the 2020 deadline that many organisations set themselves to halt deforestation, and just two years away from the UN’s deadline of 2025 for companies and financial institutions to eliminate commodity-driven deforestation, conversion and the associated human rights abuses. A step that is essential to meeting our global net-zero targets and averting catastrophic climate change.
Yet, 201 (40%) of the companies and financial institutions in the Forest 500 still haven’t set a single policy on deforestation.
