Deforestation creates material financial risks for companies, especially those that source agricultural commodities like beef, palm, soy and timber. It exacerbates systemic risk across portfolios by contributing to climate change. To effectively mitigate deforestation-driven risks, companies need robust no-deforestation policies with sufficient breadth and detail to eliminate deforestation from their supply chains.
At Ceres, we work with companies to make good on their commitments to end deforestation associated with commodity production in their supply chains. We also support investors looking to drive corporate action on deforestation and land conversion by providing information to investors on corporate progress and helping strengthen corporate deforestation commitments.
We support investors supporting collective action ‘asks’ from investors to companies through our Land Use and Climate Working Group, the Ceres Investor Network, and Climate Action 100+.
Ceres is part of the Accountability Framework initiative (AFi), a collective effort of diverse organizations dedicated to protecting forests, natural ecosystems, and human rights by making ethical production and trade the new normal. As a member of the Steering Group, Ceres helps shape AFi’s strategic direction and approves original framework materials. As a Supporting Partner, Ceres supports the use of the Accountability Framework among the companies, industry groups, financial institutions, and other key stakeholders it works with. Ceres also shares its own tools, resources, and implementation support with other AFi members to improve advocacy for ethical supply chains.
