JBS, Marfrig, and Minerva are the largest meat processors in Brazil, dominating beef processing and exports. The cattle industry is the main driver of deforestation in Brazil. This report, which builds on CRR’s earlier JBS analysis, assesses the companies’ exposure to deforestation and analyses their market, reputation, and technology risks. CRR has located and monitored …
Casino Group is a French multi-banner food retailer, and its subsidiary Grupo Pão de Açúcar (GPA) is Brazil’s second largest retailer. This report analyzes GPA’s deforestation risk exposure based on research carried out by Envol Vert, Réporter Brasil, and Chain Reaction Research (CRR) which shows that GPA purchased beef sourced from farms involved in illegal …
The Brazilian company JBS SA is the largest meat processor in the world based on sales. The company operates five main business units: JBS Brazil, Seara, JBS USA Beef, JBS USA Pork, and Pilgrim’s Pride. This paper assesses the deforestation exposure and the physical and transition risks from JBS’ operations in Brazil. CRR has located …
Only two years since Chain Reaction Research’s report on cattle-driven deforestation, beef production in Brazil has expanded measurably under favorable political, legislative, and enforcement changes. This development has occurred alongside increased deforestation, fires, and land-grabbing in the Amazon. Investors and buyers in global supply chains have responded by demanding more compliance and transparency from the …
Yum China Holding Inc. (YUMC) is the largest restaurant chain in China. In June 2020, YUMC reportedly filed for a confidential secondary listing in Hong Kong. This report presents the company’s deforestation risk exposure and associated financial risks. Download the PDF here: Major Deforestation Footprint a Risk for Yum China’s Secondary Listing Report Webinar Recording: …
Fast Moving Consumer Good (FMCG) companies have increasingly developed zero-deforestation or NDPE policies. Still, deforestation continues to show up in the supply chain of various FMCGs for which palm oil and its derivatives are a material input. Weak monitoring and verification mechanisms at times allow leakage of deforestation-linked palm oil into supply chains and consequently …
The palm oil industry has seen considerable transformation in the last few years, as suppliers that are not compliant with NDPE policies have been increasingly excluded from supply chains. However, these gains are undermined when the same suppliers enter supply chains via spot purchases. Yet, little is known about the spot market. This paper seeks …
Laporan diterjemahkan ke Bahasa Indonesia Pembelian di Pasar Spot Memungkinkan Minyak Kelapa Sawit yang Berkaitan dengan Deforestasi untuk Memasuki Rantai Pasokan NDPE Industri perkelapasawitan mengalami transformasi yang cukup berarti selama beberapa tahun terakhir, karena semakin banyak pemasok yang tidak mematuhi kebijakan NDPE dikeluarkan dari rantai pasokan. Namun, kemajuan ini dilemahkan oleh situasi ketika pemasok yang …
Widespread fires in Brazilian tropical forests were at the center of media attention in 2019. NGOs, politicians and celebrities called for action to stop deforestation for soy and livestock, the main cause of the fires. Indonesia also endured extensive blazes in 2019, often linked to deforestation for palm oil. Forests in Brazil and Indonesia capture …
Palm oil refiners are a strategic bottleneck in the global supply chain. Since 2014, the largest refiners have adopted No Deforestation, No Peat, No Exploitation (NDPE) policies, the strongest private instrument to cut the direct link between deforestation and palm oil. Refiners commit to NDPE policies that cover their plantations and the plantations of their …
