Major companies and financial institutions are persistently ignoring their role in driving deforestation

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Global Canopy’s 10th annual Forest 500 report reveals, that despite some pockets of progress, voluntary private sector action has failed to generate meaningful progress on commodity-driven deforestation.

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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.

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2024: A decade of deforestation data

After 10 years and 1.3 million data points charting the companies and financial institutions most exposed to tropical deforestation, conversion of natural ecosystems and associated human rights abuses, ‘Forest 500: A Decade of Deforestation Data’ sets out 10 lessons for enabling and accelerating action. Read our full annual report.

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Dive into the Forest 500 rankings

The new assessments of the Forest 500 companies and financial institutions with the greatest exposure to tropical deforestation risk are now available.

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Sunrise over rainforest

Global nature targets hinge on eliminating deforestation. Progress must happen as soon as possible – and can be made quickly

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Without urgent action on deforestation – which accounts for around 11% of emissions – net zero is out of reach. Over 90 percent of all deforestation is a result of clearing land for a handful of commodities like beef, soy, palm oil and timber. But this is not inevitable; commodities can be produced sustainably.