The withdrawal of Indofood from the Roundtable on Sustainable Palm Oil (RSPO) and the subsequent suspensions of its subsidiaries signal a possible expanding gap between the NDPE market and the leakage market. On February 28, 2019, the RSPO suspended palm oil producer PT Salim Ivomas Pratama Tbk (SIMP), a subsidiary of Indofood’s palm oil unit …
Major commodity trader Cargill, a privately held company based in the United States, recently updated its plans to eliminate deforestation in all of its agricultural supply chains by 2030. While the company’s aim to bolster its sustainability policies for soy is a positive development, it is unclear as to how the company will reach this …
Cencosud, the fourth largest supermarket chain in Brazil, published a statement to affirm it will source beef from only slaughterhouses that are not linked to Amazon deforestation, indigenous lands, environmental reserves, or slave labor. The statement, however, lacks details regarding how and when the company will implement this policy. Cencosud has not clarified a strategy …
A group of U.S. Senators recently sent letters on February 4, 2019 to investors and asset managers urging them to take into account deforestation risks in their portfolios. The Senators, led by Brian Schatz, a Democrat from Hawaii, asked the financial actors to commit to pressuring companies in agricultural supply chains that do not adequately address …
Carrefour SA is a multinational food retailer that holds a majority share in Atacadão SA/Carrefour Brasil, the largest retailer in Brazil. Carrefour’s size makes it a major buyer of Brazilian beef and may expose it to deforestation risks, as cattle contributes to deforestation in the Brazilian Amazon. This report analyses Carrefour’s deforestation risk exposure based …
AAK is a vegetable oils producer, with its headquarters in Malmö, Sweden. The company has 20 production facilities worldwide, sales offices in more than 25 countries and a total workforce of 3,500 employees. In 2017, its revenue was equivalent to USD 3.2 billion in 2017. Within the world’s palm oil supply chain, AAK is positioned …
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 …
When: Apr. 29-May 1, 2019 Where: San Francisco, CA The annual Ceres Conference brings more than 600 corporate sustainability leaders as well as institutional investors and social and environmental advocates together for a three-day program focused on building a path to a sustainable global economy. Attendees will hear from leaders who have achieved the highest …
When: April 24-26. Where: Bern, Switzerland See here for more details. Land use is key for achieving the 2030 Agenda for Sustainable Development in an increasingly threatened global environment. Should land system science produce a unifying vision for the planet? How do global narratives for use of land correspond to what people want when striving …
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 …
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.
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
