The Report Report brings you highlights from recent reports that are worth a look. Too often, reports from business groups and analysts gather dust on desks, or virtual dust in email inboxes. That's a lot of wisdom left untapped. Share your own reports by emailing us here.What it says:
At the 2014 United Nations Climate Summit, 180 governments, companies, indigenous community networks and civil society organizations signaled their commitment to ending deforestation by endorsing the New York Declaration on Forests, which set a goal to halve natural forest loss by 2020 and end it by 2030.
“Fast forward one year, and slightly more than half of the companies examined have publicly disclosed progress toward their supply chain goals. Compared to non endorsing companies tracked by Supply Change, the report finds that endorsers were 60 percent more likely to explicitly commit to zero or zero net deforestation.”
In this report, conservation nonprofit Forest Trends conducts the first-ever assessment of endorser companies’ progress toward Declaration goals, evaluating which companies have taken action to meet these targets, how many are publicly disclosing their progress and what these early disclosures tell decision-makers about the private sector’s information gaps and implementation needs.
What we say:
Deforestation is a leading driver of climate change, accounting for 10 to 15 percent of all greenhouse gas emissions, and nearly 90 percent of companies see opportunities in shifting to sustainably sourcing key commodities in a way that safeguards forests. This means that taking action to conserve, sustainably manage and restore forests can help minimize the impacts of global warming while also contributing to economic growth and poverty alleviation.
Looking at the public sustainability disclosures from 41 of the Declaration’s endorser companies, which include Asia Pulp & Paper (APP), Danone, Cargill, The Kellogg Company, Marks & Spencer, McDonald’s, Unilever, Barclays and Nestlé, the report shows encouraging progress on the landmark commitment to turn back global deforestation. Private sector participation is considered critical to the Declaration’s ambitions because the endorser companies are dependent on the “big four” commodities responsible for most agriculture-driven deforestation: palm oil, soy, cattle, and timber/ pulp.