Ranking the most influential companies driving tropical deforestation
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.
Fuelling the fires: why investors need to do more to protect the Amazon
The scale of last year’s fires in the Amazon triggered a global reaction. In an important statement in September 2019, 235 investors* with over US $16 trillion in assets under management demanded action from companies linked to deforestation. Since then, some investors have continued to use their leverage to engage with exposed companies and positive steps have been made. But now investors need to embed this active stance in publicly-available deforestation policies – just as they have asked companies to do in their statement. Our latest briefing assesses whether those investors have followed through and introduced a deforestation policy for their own investments.
