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 …
The biggest deforester this year in Southeast Asia has been the Malaysian company Bintulu Lumber Development (BLD), which cleared 1,702 ha of peat and 1,307 ha of peat forest on its plantation in Mukah division in Sarawak, Malaysia. BLD’s products appear in the supply chains of multiple traders and consumer goods companies, including AAK, ADM, …
On September 6, Mars announced their new Sustainable in a Generation Plan to invest USD one billion in reducing environmental impacts focusing on climate action, water stewardship, land management and improving livelihoods – putting pressure on peers to make similar commitments. Mars move now greens its existing USD 10.5 billion in debt and loans owned …
On 15 November 2018, the Roundtable for Responsible Palm Oil (RSPO) adopted a resolution that requires its members involved in primary procurement to publish their third-party supplying mill lists. The resolution was submitted by Chain Reaction Research partner Aidenvironment and supported by Sime Darby, Wilmar, Musim Mas, Orangutan Land Trust and The Zoological Society of …
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. …
Large palm oil refiners have adopted sourcing policies that require their suppliers to refrain from clearing forests, using peatland or exploiting people. A November 2017 analysis by Chain Reaction Research showed that 74 percent of Indonesian and Malaysian refining capacity is covered by such No Deforestation, No Peat, No Exploitation (NDPE) policies. This report looks …
This report, which builds on the company profile on SLC Agrícola published by Chain Reaction Research in September 2017, reviews the company’s sustainability and business risks in the last year. The initial report showed that from 2011 to 2017, SLC Agrícola cleared 39,887 ha of land of its original vegetation, of which 30,000 ha was …
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.
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