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
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ReportCity-business climate alliancesA step-by-step guide for developing successful collaborations
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ReportCDP and the EU Action Plan on Sustainable FinanceThere is an imminent need for a sustainable financial system as a key driver for an economy that operates within planetary boundaries. To that end, the European Commission’s Action Plan ‘Financing Sustainable Growth’ aims to move European financial market actors to allocate substantial private capital towards businesses which are transitioning towards zero carbon, resource-secure business models. This document outlines how CDP's disclosure system, data and tools can be used by companies, investors, cities, regions and policymakers to implement the Action Plan. It also provides detailed background information on all policies under the plan. -
Support in progressing towards environmental leadershipJenny Frings, CDP Partnerships - October 07 2019Looking for help in taking action? CDP’s accredited solutions providers are on hand, offering a range of services across a variety of sustainability issues.
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Our forests team
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Ecometrica, a global climate change, water and forests software partner, brings together sustainability, environment, risk and business management with geospatial mapping and advanced modules via the Ecometrica Platform.
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