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Here’s the Beef with Corporate Supply Chain Deforestation

Companies worldwide have started to make good on promises to eliminate forest destruction from their supply chains, according to two new reports. But progress is too gradual, they warn.

Banks Support Environmental Risk Management Program

Banks Support Environmental Risk Management Program

The Natural Capital Declaration has launched an environmental risk management program, which develops methodologies and tools to map natural capital risks across lending and investment portfolios and to help embed them in credit risk assessments. The $4.3 million fund program is supported by a number of leading financial institutions including … Read more »

‘Forest 500’ Ranks Firms’ Deforestation Policies

‘Forest 500’ Ranks Firms’ Deforestation Policies

Only six major companies — Danone, Kao Corp., Nestle, Procter & Gamble, Reckitt Benckiser Group, Unilever and HSBC — and one investor, banking and financial services giant HSBC, have comprehensive policies in place to protect tropical forests, according to Global Canopy Programme. The tropical forest think tank today launched its … Read more »

Rabobank

Banks Consider Natural Capital Risks

The Natural Capital Declaration — signed by the Rabobank Group, Pax World Management and about three dozen other financial institutions at last summer’s Rio+20 Earth Summit — has entered a new phase during which signatories will set about implementing the commitments laid out in the NCD. Four working groups, led … Read more »

CDP Investors Up 10 Percent in 2013

A record 722 investors with $87 trillion in assets have become signatories to the Carbon Disclosure Project’s (CDP) climate change program in 2013, up 10 percent from last year’s 655 investors with $78 trillion. This represents about a third of the world’s invested capital, CDP says. The announcement coincides with … Read more »