June 2020
As businesses face new and critical global challenges posed by COVID-19, the importance of corporate action to protect and restore the world’s forests is clear. This means working with nature, protecting vital natural resources and seizing opportunities to act.
2020 was slated to be the
year to end corporate-driven deforestation, but
the majority of companies failed on key commitments. We cannot continue on the current pathway of
deforestation if we want to avoid risks to people, planet and business.
Measuring and managing these risks is crucial in ensuring resilient business
and supply chains and thriving economies and communities.
Together, we can work towards transformational change. Companies have the power to drive this change at scale.
Transparency and reporting on efforts to act are more critical than ever before.
Learn more in our infographic:
2. https://science.sciencemag.org/content/361/6407/1108.full
3. This infographic analyzes 2019 data from 543 companies who disclosed through CDP, with stats based on reported data unless otherwise stated.
4. 411 companies disclosed information on their management of one or more commodities through CDP in 2019.
5. 8% have a no-deforestation forest-related public commitment that is timebound, set to be completed by 2020, includes cut off date, with FPIC, covers 100% of production/consumption and applies to all relevant operations.
6. The land bank and production/consumption data was disclosed by a subset of the 411 companies.