Forests
Deforestation and forest degradation account for approximately 10-15% of the world's greenhouse gas emissions. Addressing deforestation is therefore critical for meeting international ambitions to prevent dangerous climate change. CDP's work with forests acts on behalf of over 525 signatory investors, with US$96 trillion in assets, who wish to understand how companies are addressing their exposure to deforestation risks.
>1bn
people depend directly on forests for their basic livelihoods.
15%
of global carbon emissions result from deforestation and forest degradation.
$135bn
per year in export trade of forest-risk commodities soy, palm oil, timber and cattle drives deforestation for land use.
7%
of a company's share price could be cut due to supply chain disruptions.
64%
of palm oil companies recognize at least one reputational risk in their supply chains.
75%
of companies say deforestation is a potential risk to supply chains that could impact operations, revenue or expenditure.
50%
of deforestation in tropical and subtropical countries results directly from commercial and subsistence agriculture.
The most immediate and effective mechanism for mitigating climate impacts could come through curbing deforestation, according to the IPCC.
96%
of the palm oil industry has a 'zero deforestation' commitment, showing the huge potential for companies to remove deforestation from their supply chain.
In order to manage, we must measure. We will not be able to take advantage of the opportunities, or mitigate the risks, of deforestation without measuring our impacts.
CDP’s standardized, credible and widely-recognized reporting system reduces the burden of collecting and submitting data, making measurement much easier.
Removing deforestation is a journey and all companies are encouraged to take the first step and begin measuring to help deliver on commitments.
Tackling deforestation requires a collaborative approach where accountability is essential. Disclosing is the first step towards this.
CDP gives companies the opportunity to accurately benchmark against competitors and sector peers.
88%
of companies reporting to CDP identify opportunities associated with sustainable sourcing, often leading to better brand reputation.
Improve your risk-reduction plans by developing an awareness of priority action areas within your company.
Build a sustainable business culture and encourage innovation within your company by disclosing through CDP.
Work within stakeholder and regulatory expectations - especially after the Paris Agreement - both now and in the future by disclosing.
Information is collected through the lens of the four agricultural commodities responsible for most deforestation:
Timber
Palm oil
Cattle
Soy
Latest report
The Money Trees
70%
70% of 1,500 companies with high impact on forests fail to provide data on their impact
$30.4B
Companies report up to US$30.4 billion in losses due to deforestation risks
24%
Of the 306 companies that reported data: 24% are showing no or limited action to reduce deforestation
Read more
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Dr. Warren Washington, pioneering scientist, on the birth of climate modeling and advising six presidentsPaula DiPerna, CDP North America Special Advisor - July 19 2019The years of steady painstaking research of Dr. Washington and his colleagues has led to the indispensable, and now virtually irrefutable, climate modeling on which the world relies. -
5 Reasons Why Cities in Northern California Dominated CDP’s Global Cities A ListKatie Walsh, Head of Cities, States and Regions for CDP North America - July 18 2019When CDP released its first-ever global A List of cities this April, one trend stood out: 20% of the global A List were cities based in Northern California. This was despite massive climate and financial stressors in the region. So what is it about the region and these nine cities that make such widespread climate leadership possible? -
Press release70% of companies fail to disclose impact on world’s forestsA large majority of major corporations are failing to be transparent about their impacts on global deforestation and many are taking inadequate steps to tackle it, according to a new report released today by environmental non-profit CDP.
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Our forests team
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