Nine years of ranking the most influential companies driving tropical deforestation

500 companies and financial institutions have the power to transform cattle, timber, soy, and palm oil supply chains. But are they doing enough to eliminate deforestation and human rights abuses? See our latest assessments to find out.

Discover the 2023 annual report

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

5 October 2023

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.

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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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Forest 500 human rights briefing cover 2023

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Update to the Forest 500 assessment process for 2023

28 September 2023

Forest 500 annually reviews its assessment methodologies and process to ensure it aligns with best practice. This year, to strengthen engagement with assessed companies and financial institutions, and to increase impact, they will now be able to view their completed assessment prior to the public launch in early 2024.

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Our 9th annual Forest 500 report

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.

Find out more in our latest annual report

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2023: A watershed year for action on deforestation

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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