‘Forest 500’, a ranking of how effectively companies are working to stop global deforestation
The Global Canopy Programme has launched the ‘Forest 500’, a ranking of how effectively companies and organizations are working to stop global deforestation.
The rankings look at companies, jurisdictions (countries and other economic regions like the E.U.), investors and other power brokers. To assess companies, the rankings take into account a number of factors, including reporting and transparency, operations, commodity policies, and overall forest policy
A total of 250 companies were ranked, with just six companies scoring the maximum number of points for responsibly sourced forest products. In other words, the majority of companies aren’t making the grade, but a few leaders have emerged.
The top scoring companies are Groupe Danone, Kao Corp, Nestlé S.A., Procter & Gamble Co., Reckitt Benckiser Group PLC., Unilever PLC
The majority of tropical forest loss and degradation is driven by the production of just a handful of globally traded ‘forest risk’ commodities: namely palm oil, soya, beef, leather, timber, and pulp and paper. These commodities move along complex supply chains – from producers, to traders, processors, manufacturers and retailers – ending up in over 50% of packaged goods in supermarkets worldwide. Through these commodities, we are all part of a hidden deforestation economy.
Yet these commodities can be produced sustainably without impacting tropical forests and there is now clear global consensus that the transition to deforestation free supply chains must be urgently achieved.
The Forest 500 ranking and analysis will be repeated annually until 2020, to help inform, enable and track progress towards this urgent global goal.
To visit the Forest 500 website and see the results of the analyis click here