With more reliance on Brazilian beef, Chinese downstream companies in the meat industry are facing risks from supply associated with deforestation. Higher demand for Brazilian beef in China, where imports from Brazil have quadrupled since 2010, has been the major driver behind the rise in Brazil’s exports. Total exports of Brazilian beef increased by 2.6 …
Korindo Group, the private Indonesian palm oil, rubber and timber company, was suspended by multiple NDPE traders between 2016 and 2018 after evidence of deforestation and illegal burning on their concessions. Faced with restricted NDPE market access, the company is now looking at business opportunities in the regional biofuel market. Korindo is owned by the …
The United States, the largest beef consumer in the world, is accelerating a process to reopen beef imports from Brazil, the world’s largest beef exporter. U.S. President Donald Trump agreed at a meeting in Washington on March 19, 2019 with Brazil’s President Jair Bolsonaro to take steps to resume beef trade between the two countries after …
The number of cattle slaughtered in Brazil reached 31.86 million heads in 2018, the highest level since 2014. The higher rate of slaughter increases the risk of even more cattle-driven deforestation occurring in Brazil. As Chain Reaction Research (CRR) highlighted in a report last September, the cattle industry is a major driver of deforestation in …
Casino Group is a French multi-banner food retailer, with a controlling share in Grupo Pão de Açúcar (GPA) in Brazil. This report analyses GPA’s deforestation risk exposure based on beef samples collected through store visits. Chain Reaction Research (CRR) visited 50 GPA supermarkets in five Brazilian cities and inspected 500 randomly selected beef products. Data …
The Brazilian state of Tocantins is the latest hotspot for soy- and cattle-related deforestation. In 2018, more land was cleared there than in any other state of the Brazilian Cerrado, a large tropical savanna biome that covers more than 20 percent of Brazil. Overall Cerrado deforestation rates have declined in recent years, but Tocantins continues …
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 …
On behalf of Fern, Aidenvironment & Principles for Responsible Investment (PRI), you are invited to the event “Responsible Investment into Sustainable, Deforestation-free Supply Chains – Which EU Policies Do We Need?” which will take place on May 6, from 12.30 to 15.00 at the Norway House, Rue Archimède 17, 1000 Bruxelles. To register, please click here. Focusing on …
Chain Reaction Research has organized two roadshows for investors this year. The roadshows will discuss themes and companies related to tropical deforestation. Here are the dates for the roadshows to be held by CRR partner Profundo: June 18-19, 2019: Brussels Roadshow for investors. October 22-23, 2019: Frankfurt Roadshow to investors.
About this event This event is hosted by Ceres. Register here. Advances in satellite monitoring and activist campaigning have continued to highlight agricultural-driven deforestation happening in tropical biomes, tying environmental destruction to name brand companies. Numerous companies have commitments to end deforestation in their supply chains, but it is often unclear how companies act to …
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 …
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
