Higher Brazilian beef exports to China are likely to test sustainability commitments in both countries. China (including Hong Kong) imported 44 percent of Brazil’s total beef exports in 2018, compared to 40 percent in 2017 and 35 percent in 2016. Brazil, the largest exporter of beef in the world even though most of the country’s …
Major agricultural commodity trader Bunge updated its commitment to sustainability along its grain and oilseeds supply chains last month in an effort to further curb deforestation. While Bunge has made progress in its sustainability strategy, its update falls short of expectations that the company would address legal deforestation and provide more details about its measures …
BrasilAgro continues to clear land on its Chaparral farm in Correntina, a municipality in the Brazilian state of Bahia. In October and November, the company deforested a total of 1,194 hectares at Chaparral, according to satellite images (see below) from Chain Reaction Research (CRR) partner Aidenvironment. Clearing of native vegetation at Fazenda Chaparral (left October …
Peru’s largest consumer goods company Alicorp is facing criticism over a recent report that the company is sourcing palm oil from deforested plantations. Research organization Convoca published a report on November 30, 2018 that Alicorp has been purchasing palm oil that is linked to deforestation. Convoca says that Alicorp has bought palm oil that originated at …
Brazil is one of the top target countries for farmland investment deals, because of the potential for high yields and productivity. The country has been an attractive destination for investors who buy farmland to diversify their portfolios and seek stable returns. Following the financial crisis of 2007 and 2008, institutional investors, including pension funds, university …
During the last two years, Colombia, the world’s second most biodiverse country, has seen rapidly increasing deforestation. This report discusses the political changes that led to this surge in deforestation. It then focuses on the cattle supply chain, the most important sector exposing investors to deforestation risk in Colombia. In this report, CRR discusses the economic …
Since the palm oil sector is capital intensive and needs long-term financing, palm oil companies depend on bank loans. By investing in banks that provide loans to the palm oil industry, investors may indirectly face deforestation-related risks. These risks are magnified when a bank’s exposure to palm oil companies with sustainability risks is relatively high …
This report builds on Chain Reaction Research’s (CRR) company profile on BrasilAgro, published in November 2017. It showed that from 2012 to 2017, BrasilAgro had cleared 21,690 ha of native vegetation in the Brazilian Cerrado. BrasilAgro has faced the risk of losing clients with zero-deforestation commitments, as well as an overvaluation of its land portfolio. …
When: December 5-6, 2018 Where: New York Register here. As the world trade system grapples with existential threats and investors respond to turbulent politics, 2018 is a key year for responsible investment in North America. Against a backdrop of heightened political risk and growing social discord, investors must build resilient portfolios that address major ructions …
When: Friday, November 30, 2018 Where: New York This year’s Sustainable Investing Thought Leadership annual event will focus on the theme of long-termism. The full day event will be structured around 1-2 keynote addresses focusing on the theme set out above and what that might mean for investing and performance, 3-4 panels discussions addressing the …
Risks for Investors in Tropical Commodities An event at the PRI in Person 2017 Conference in Berlin Wednesday, September 27, 2017, 1:30 pm to 2:30pm InterContinental Hotel, Berlin, Germany Free Admission To register, or if you have any questions regarding this event, please email profundo@profundo.nl. Production of tropical commodities such as palm oil, soy, beef …
Aidenvironment Presents A Discussion Event: Making No Deforestation Commitments Work December 1, Amsterdam In an interactive afternoon event, Aidenvironment, Chain Reaction Research coalition partner, will bring stakeholders from the private, public, and finance sectors together to share views on advancing No Deforestation practices – with special attention being given to the perspective of institutional investors. Implementing corporate No …
Chain Reaction Research conducts free sustainability risk analysis for financial analysts, credit analysts, commercial bankers, institutional investors, corporations, and other stakeholders. Our special focus is demonstrating that deforestation is material financial risk. We focus on tropical deforestation-related commodities including palm oil, soy, cattle, coffee, cacao, timber pulp and paper, and other products. We are funded by the David and Lucille Packard Foundation, the International Climate and Forest Initiative (NICFI) scheme managed by the Norwegian Agency for Development Cooperation (Norad), and the Moore Charitable Foundation. Chain Reaction Research statements and materials do not necessarily reflect the standpoints of the Packard Foundation, the Moore Foundation or Norad.
Please use the form below for questions, inquiries, feedback or a request to subscribe to updates from Chain Reaction Research
