Dear John,
Ceres released a new scorecard this week showing only a few of the largest global companies are taking ambitious action to tackle commodity-driven deforestation and drive progress toward a net zero economy.
The Ceres’ Deforestation Scorecard: Assessing Corporate Action on Deforestation Amid Growing Regulatory Risk
assesses 53 major companies across 15 industries, including adidas AG, Cargill, Restaurant Brands International, and Procter & Gamble Co. These companies face the greatest risks from sourcing deforestation-linked commodities like soy, timber, and palm oil and most of them lack comprehensive no-deforestation policies, despite recognizing the importance of protecting the world’s forests.
Ceres scored the companies based on a rigorous analysis of publicly available information on each company’s deforestation policy, including company websites and sustainability reports, as well as other corporate disclosures, such as CDP (Carbon Disclosure Project) questionnaires. |
Ceres also hosted a webinar
earlier this week diving into the results of the Deforestation Scorecard with esteemed experts David D'Hollander (Proforest) and Dr. Julie Gorte (Impax Asset Management), and Cristy Rodriguez (Legal & General Investment Management). Explore how major companies measure up and review what the EU Regulation on Deforestation-free Products means for companies globally. |
Thank you,
 |
|
Meryl Richards, Ph.D.
Program Director,
Food and Forests
Ceres | |