Dear John,
With nature in focus at COP30 on the Brazilian Amazon, Ceres released a new report that finds that dozens of companies in the most at-risk sectors are not taking key steps to end deforestation and conversion in their supply chains—but a few major companies are demonstrating that achieving this goal is possible.
While considerable action is needed to protect forests and other natural ecosystems, Ceres’ newest report, Corporate Progress on
Deforestation Risk: Analysis for Investors, provides a detailed assessment of corporate progress and highlights business practices that effectively address deforestation risks. | | | | | | Specifically, Ceres found: - Cleaning up supply chains is possible: Five
out of 53 companies disclose at least one commodity supply chain that is 100% deforestation-and conversion-free.
- Leading companies report considerable progress: Major food product manufacturers like Danone SA and Nestlé SA disclose over 95% deforestation- and conversion-free sourcing for their palm oil, soy, timber, paper, and pulp commodity supply chains.
- More action across at-risk commodities is needed: Companies are most likely to disclose progress on their palm oil supply chains, but far fewer are sharing the extent to which they are managing risk for commodities like cocoa.
- Collaboration beyond individual supply chains offers huge opportunity: Nearly half of companies disclose involvement in jurisdictional or landscape
initiatives, which are essential to address the systemic challenges at the root of ongoing deforestation and conversion.
| | Protecting forests and other natural ecosystems is critical for helping companies and investors reach their climate and nature goals. Land use change
accounts for around 11% of global greenhouse gas emissions and up to 11% of global biodiversity loss.
With 2025 being a milestone year for companies to implement their commitments to eliminate deforestation from their supply chains, this report shows many companies have a long way to go while also providing recommendations to accelerate action.
Investors can use insights from the report to inform the focus areas of their engagements with companies to mitigate nature risks—as well as climate risks—from deforestation and build more resilient supply chains. | | | | | 
Meryl Richards,
Ph.D.
Program Director, Food and Forests
Ceres | | | | |
Ceres is a nonprofit advocacy organization working to accelerate the transition to a cleaner, more just, and resilient world.    
|
| | | | | Ceres is proud to receive these accolades as a reflection of our effectiveness, integrity and impact.
| | | | |
