Forest 500

The 10th annual Forest 500 report from @Global Canopy has been published. Over the last 10 years, #Forest500 has gathered 1.3 million data points on the 350 companies and 150 financial institutions with the most influence on commodity-driven tropical #deforestation 🌴

Between 2023 & 2024, we are proud to have played a role in placing nature at the heart of climate conversations. Our ongoing work to develop innovative frameworks for addressing nature-related risks has led to some of our biggest successes this past year⤵️ globalcanopy.org/insights/insig…

📢Speaking to @Reuters, Freya Bannochie from Global Canopy explains how Forest IQ and DEFT Pathway will help financial institutions identify risk hotspots and make informed asks of companies in #forest-risk supply chains.📈 Read more ⤵️ @Cat_Early76 reuters.com/sustainability…

🌿@CleanPowerSue, Climate Finance Advisor to @CFigueres, explains how investors can shift finance from activities that harm nature – in particular through ending #deforestation⤵️ Tools like Finance Sector Roadmap, Forest IQ & DEFT Pathway can guide change. nature4climate.org/interview-sue-…

#COP16 | Nature loss presents a real risk to business, finance & humanity. Natural climate solutions can provide over one third of the climate mitigation we need between now & 2030. 🏦55% of @Forest500 financial institutions don't have a publicly available #deforestation policy.

#COP16 | "Data platforms like ENCORE, @TraseEarth, @Forest500 & Forest IQ remove excuses for inaction. Tackling deforestation is a no-brainer for the finance sector, essential for climate, nature & people" - @NikiMardas, our executive director, at the @IFD_Paris panel.

#COP16 | #Brazil is the most significant country for cattle-linked #deforestation. 🐮Floresta 250 - Cattle, our new data offering, assesses the 175 companies and 75 financial institutions with the greatest influence on Brazilian #cattle supply chains⤵️ floresta250.org

🌳@ethomson184 speaks to @Global_Witness as part of a new study that finds UK banks have invested more than £1 billion in forest-risk companies since #COP26, and the majority lacks adequate #deforestation policies. 💡Read the study here -> globalwitness.org/en/campaigns/f…

📢@ethomson184 speaks to @Global_Witness as part of their investigation into two Paraguayan meatpacking companies and their impact on #deforestation in Paraguay's Gran Chaco. Read the investigation here -> globalwitness.org/en/campaigns/f…

🌿Join our delegates at #COP16 & learn more about the tools that provide real solutions to the nature & climate crises. 🌳Amid news of ongoing ecosystem & wildlife loss, halting nature loss becomes more urgent. Help us drive action to end #deforestation⤵️ globalcanopy.org/global-canopy-…

🌳The world is severely off track for halting #deforestation by 2030, but a lack of data is no longer an excuse for inaction. The 2024 Forest Declaration Assessment tracks global progress towards ending deforestation. Read more here⤵️ @Forest_Assess

🥳We are delighted that Forest IQ has been named One-To-Watch for the Global Good Finance Player of the Year Award 2024. 🏆The @GlobalGoodAward recognise and reward organisations that are making strides towards a better world for people, the planet and the global economy.

#WorldCoffeeDay | @GlobalCanopy has expanded the scope of its Forest 500 assessments and we will now assess companies on three new commodities, including #coffee. 💡 Read more here: buff.ly/3N6rt16

#WorldCoffeeDay | This #deforestation has released around 45 million tonnes of carbon dioxide each year, or the equivalent of Ecuador's yearly carbon dioxide emissions.⬇️

#WorldCoffeeDay | According to the 2023 Coffee Barometer report, around 130,000 hectares of forested land have been cleared every year over the last 20 years to make way for coffee production. That's an area roughly the size of #HongKong each year. 🧵

📢🌳@ethomson184 speaks to @equitiesinc about the significant role financial institutions play in addressing #deforestation and ecosystem conversion through the financing they provide to companies. ✍️Read the article by @sdecovny to learn more: equities.com/impact-investi…

@sizeofwales @GlobalCanopy 🌳 A #forest area more than 11 times the size of #Wales was lost in 2022. “...a significant portion of the £22 billion invested by 8 Welsh county #pension funds is at risk of funding activities that are destroying tropical forests” - @ethomson184, Forest 500 and Tracking Lead.

💷 At least £1 in every £10 of the Wales Pension Partnership’s investments are at high risk of financing #deforestation, according to research by @SizeofWales and @GlobalCanopy. Read more about the report here: buff.ly/4ee7oBH

Less than a month to go until @GlobalGoodAward & we're super excited to share that #ForestIQ is a Finance Player of the Year nominee🏆 Our partnership with @SEIresearch & @OfficialZSL is a powerful ally for financial institutions to tackle #deforestation🌳 globalgoodawards.co.uk/2024-finalists/

🔍The scope of our Forest 500 assessments has expanded significantly this year to include more commodities, #forests and companies. 💡Learn more about the updated methodology here⤵️ forest500.org/analysis/insig…

🗣️The speakers at our webinar ‘The human rights blindspot in #deforestation action’ held in July, highlighted the importance of Free, Prior and Informed Consent (FPIC). Read all the key speaker insights from @giuliabond @ethomson184 & @naosoumaismess here: globalcanopy.org/insights/insig…

🌳On average, a person was killed every other day in 2022 for defending their land or #environment. Action on #humanrights goes hand-in-hand with ending #deforestation. 🧵⤵️