BrasilAgro, a Brazilian rural real estate firm and soy producer, has plans to convert at least 10,000 hectares (ha) of Cerrado native vegetation for livestock and grain production, which include the drilling of several large-capacity wells. Chain Reaction Research has previously flagged the company’s clearing operations in Brazil and its associated business risks. BrasilAgro has …
Investors are continuing to urge governments and companies to take actions to conserve forests and curb commodity-driven deforestation. A group of NGOs and activist investors are currently putting together a sign-on letter in support of three key pieces of legislation in the United States that aim to decrease deforestation risks and human rights abuses in …
Just two weeks after a watershed announcement by more than 100 countries at COP26 on eliminating deforestation, the EU released a draft law on November 17 that would require companies to show that their products are not tied to forest clearing. Essentially, the legislation would ban commodities that are linked to deforestation, whether legal or …
Commitments coming out of COP26 could represent a structural shift in efforts to conserve forests and tackle commodity-driven deforestation. The announcement that more than 100 countries, including those with vast amounts of tropical forests such as Brazil and Indonesia, pledged to eliminate deforestation by 2030 is a crucial breakthrough. Fossil fuels typically get most of …
An investigation by the Bureau of Investigative Journalism, Greenpeace Unearthed, ITV News, and the Daily Mirror has found links between deforestation in Brazil’s Amazon and Cerrado biomes and British dairy products. Soy trader Cargill, leading European animal nutrition company ForFarmers, and multiple consumer goods companies are connected to the supply chain of Grupo Scheffer, a …
Active fires were detected on the Fazenda Perdizes farm on August 24, 2021 in Porto dos Gaúchos, Mato Grosso. The property is owned and operated by SLC Agrícola, the largest soybean producer in Brazil. Fazenda Perdizes consists of areas held under SLC Agrícola’s ownership and through joint ventures with other companies. The recently detected fires …
In a landmark decision, on May 26, 2021, a Dutch civil court ordered Shell to cut its CO2 emissions by net 45 percent in 2030 compared to 2019 levels. The decision states that the reduction obligation relates to the Shell’s entire energy portfolio and to the aggregate volume of all emissions (Scope 1 to 3), …
Beef and soy industries in the Southern Amazon region of Brazil are at risk of almost USD 200 billion of productivity losses due to Amazon deforestation, according to a new scientific study. The study, published in Nature Communications in May 2021, looked at the relationship between deforestation and rainfall. It also assessed the impact of …
There has been a string of recent shareholder votes in favor of companies taking action to adopt or strengthen deforestation commitments. This trend is likely to increase as deforestation becomes a greater part of the climate change narrative and investors increase their understanding of how links to forest lost can lead to a variety of …
The Cerrado biome, a vast, biodiverse tropical savannah in Brazil, is under threat from commodity-driven deforestation. Soy expansion and cattle ranching are direct drivers of forest loss in the Cerrado. This report presents new data on specific actors linked to Cerrado deforestation in 2020, including the quantified risk exposure of the largest soy traders, meatpackers, …
