The Chain
-
July 11, 2023 • Other (Beef, Timber, Coffee), Palm Oil, Soy • Africa, Latin America, Southeast Asia
The Chain: Cracks in Financial Institutions’ Responsibility Status in Deforestation Regulation
Internationally, financial institutions (FIs) continue to be exempt from crucial regulations to raise their efforts and responsibility to halt deforestation and human rights violations linked to supply chains they finance. Recently, however, some initial steps were proposed in Brazil to change this situation, and a report on Rabobank showed that the environmental and social damage …
-
June 15, 2023 • Other (Beef, Timber, Coffee), Palm Oil, Soy • Africa, Latin America, Southeast Asia
The Chain: EU Corporations, Investors Face Sustainability Due Diligence Obligations
The European Parliament adopted its negotiating position on the Corporate Sustainability Due Diligence Directive (CSDDD) on June 1, 2023. Under the CSDDD, companies — potentially including those in financial services — will be obligated to demonstrate what action they are taking to protect not only the environment, but also human rights. Due diligence is not …
-
December 14, 2022 • Palm Oil • Southeast Asia
The Chain: Bumitama Clarifies Sourcing Policies After Palm Oil from Deforestation-Linked PT Permata Sawit Mandiri Enters Its Mills
On November 24, 2022, the palm oil company Bumitama Agri Ltd issued a statement clarifying its commitment to its No Deforestation, No Peat, No Exploitation (NDPE) policy. The statement came after it was uncovered that a non-compliant supplier, PT Permata Sawit Mandiri (PSM), had entered Bumitama’s supply chain. Fresh fruit bunches (FFB) from PT PSM …
-
October 3, 2022 • Palm Oil • Latin America
The Chain: Agropalma’s Owners Look to Sell While Company’s ESG Violations Rise
The owner of Agropalma SA, the largest exporter of palm oil in Brazil, is considering the sale of the company. Agropalma is a wholly owned subsidiary of the Alfa Group, a conglomerate with business segments in finance, hotels, retail, and construction. The Alfa Group is owned by the five daughters of Aloysio Andrade de Faria, …
Reports
-
November 1, 2023 • Other (Beef, Timber, Coffee), Palm Oil, Soy • Africa, Latin America, Southeast Asia
Financial Risks of Commodity-Driven Deforestation: Lessons from 10 Years of CRR
In the last decade, there have been large strides made in tackling commodity-driven deforestation: Awareness of the impacts of forest loss and degradation on climate change has grown; deforestation rates in Southeast Asia have declined; and corporate accountability and (financial) transparency in supply chains have improved. This report looks back at ten years of Chain …
-
April 13, 2023 • Soy • Latin America
Sodrugestvo: Soy Trader Linked to Brazilian Deforestation, Russian Finances
Sodrugestvo is a Luxembourg-based agro-industrial group with Russian ownership. While less known than the top soy traders, it has significantly expanded its sourcing, processing, and trading of Brazilian soy in recent years. The company is linked to various social and environmental issues. Download the PDF here: Sodrugestvo: Soy Trader Linked to Brazilian Deforestation, Russian Finances …
-
January 11, 2023 • Palm Oil • Southeast Asia
Lack of Cross-Commodity NDPE Implementation Allows Deforestation
Palm oil buyers with No Deforestation, No Peat, No Exploitation (NDPE) policies have increasingly removed deforestation-linked palm oil suppliers from their supply chains. However, some palm oil buyers remain linked to deforestation as their palm oil suppliers continue to deforest in other sectors, such as timber and mining. Currently, NDPE policies are still applied to …
-
November 30, 2022 • Other (Beef, Timber, Coffee) • Latin America
JBS, Marfrig, and Minerva Unlikely Compliant with Upcoming EU Deforestation Law
The upcoming EU Deforestation Regulation will have an impact on JBS, Minerva and Marfrig. A sample of 12,461 direct and 26,572 indirect suppliers of these key meatpackers shows recent deforestation that may end up in the European Union’s (EU) beef and leather consumption markets. Any deforestation after the proposed December 31, 2020 cut-off date would …
Events
-
November 1, 2023 • Other (Beef, Timber, Coffee), Palm Oil, Soy • Africa, Latin America, Southeast Asia
WEBINAR: Financial Risks of Commodity-Driven Deforestation – Lessons from 10 Years of CRR
Chain Reaction Research (CRR), joined by Green Century and Solidaridad Network, hosted this webinar to review the work of the CRR consortium over the past decade and discuss deforestation financial risks for palm oil, soy and beef have evolved over that time. Our work has drawn upon on-the-ground investigations, satellite analysis, economic modeling and other …
-
September 25, 2023 • •
WEBINAR: The High Cost of Ignoring Scope 3 Deforestation Emissions
Orbitas, an initiative of Climate Advisers, partnered with Chain Reaction consortium members AidEnvironment and Profundo to host a webinar discussing our recent report on the potential climate costs for Scope 3 deforestation emissions from beef, palm oil, coffee, cocoa, rubber and soy imports into the U.S. The report,The High Cost of Ignoring Scope 3 Deforestation …
-
April 21, 2023 • Soy • Latin America
Sodrugestvo: Unfamiliar Brazilian Soy Exporter Linked to Environmental and Social Liabilities
Chain Reaction Research and special guest reporter André Campos of Repórter Brasil to discuss our report on Sodrugestvo in this webinar. The CRR report uncovered how Sodrugestvo, a Luxembourg-based agro-industrial group with Russian ownership, has significantly expanded its footprint in Brazilian soy in recent years. The company’s recent ties to illegal deforestation in the Amazon …
-
January 10, 2023 • Palm Oil • Southeast Asia
WEBINAR: Why Cross-Commodity Policies Are Critical to Ending Southeast Asia Deforestation
The palm oil sector has seen significant decreases in deforestation over the past few years with most land clearing done by just a few companies. However, deforestation in Southeast Asia is still a cause for concern, and many palm oil suppliers are tied to subsidiaries and other entities clearing new land for timber and mining. …
Methodology
Chain Reaction Research (CRR) strives to provide objective insight and unbiased analysis on market trends and company and investor risk for its readers. CRR determines content based on what is considered to be of broad interest to readers and whether it can provide candid, high-level debate.
Company Profiles
About
The Chain Reaction Research consortium is temporarily pausing activities as we seek further funding for our analysis and research. We appreciate the support of our community over the past ten years. If you are interested in partnering with Chain Reaction Research on new projects, please reach out to [email protected].
Contact
Please use the form below for questions, inquiries, feedback or a request to subscribe to updates from Chain Reaction Research