Dozens of major companies lack comprehensive deforestation policies, new Ceres analysis finds

With escalating risks from the world’s climate and nature crises and enhanced European regulatory risks, Ceres released a new scorecard today that reveals 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,…

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Cargill Announces Commitment to Eliminate Deforestation and Land Conversion in Brazil, Argentina and Uruguay by 2025

outh America is one of the most critical regions for biodiversity and vital to feeding the world. To protect South America’s natural ecosystem, Cargill is announcing an accelerated commitment to eliminate deforestation and land conversion from its direct and indirect supply chain of key row crops in Brazil, Argentina, and Uruguay by 2025. The commitment spans several important commodities in the global food system, including in-country origination of soy, corn, wheat, and cotton, building upon the company’s global commitment of deforestation-free commodities and conversion-free soy across South America by 2030. …

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Fairtrade and Earthworm Foundation Join Forces in ‘Landmark’ Partnership to Combat Deforestation

A new partnership launched by Fairtrade International, Fairtrade Africa, and non-profit organization Earthworm Foundation will work together to monitor deforestation and assess environmental vulnerability. Using Starling, a satellite monitoring tool developed by Earthworm Foundation and Airbus, the pilot project aims to capture critical deforestation data within Fairtrade cooperatives and their smallholder cocoa farmers in Ghana and Côte d’Ivoire to support these communities in better management of forest landscapes. The partnership, which comes amid the European Commission’s push to ban imports of cocoa, coffee and other commodities when production is associated…

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UK industry leaders unite to cut deforestation- and conversion-linked soy from supply chains by 2025

UK industry leaders from 27 major businesses – all of the biggest UK grocery retailers (including Tesco, Asda, Sainsbury’s, Waitrose, Marks & Spencer and Iceland), some of the largest meat producers (including Avara Foods, 2 Sisters Food Group, Cranswick, Pilgrim’s UK), and food service companies and brands (such as Danone UK and Ireland, Nestle UK and Ireland, Nando’s, KFC UK and Ireland and McDonald’s UK and Ireland) united in signing the UK Soy Manifesto. This commits them to cutting deforestation and habitat destruction out of UK soy supply chains as…

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AXA announces a plan to fight against deforestation to preserve biodiversity

AXA has announced new commitments to preserve biodiversity by implementing a plan to fight against the deterioration of forest ecosystems. Deforestation is one of the main causes of biodiversity loss and carbon emissions. It even represents a double loss for the climate because forests are the greatest contributors to carbon capture. To protect these ecosystems, AXA will invest 1.5 billion euros to support sustainable forest management, including 500 million euros in reforestation projects in emerging countries, enabling a total of 25 megatons of CO2 to be captured each year. Currently,…

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