By revenue, Walmart is the largest company in the world, employing about 2.2 million people and serving over 265 million customers a week. Private-label products sold by Walmart contain commodities that contribute to deforestation. For the forest-risk commodities – palm oil, pulp and paper, soy, and beef – Walmart has set zero net deforestation goals for 2020. Although …
Oil palm plantation development and its effects on land clearing has likely impacted areas of critical value to local communities. While palm growers have made progress in quantifying and compensating loss for areas with environmental value, they have made less headway regarding compensation for clearing of land with social and cultural values. If palm growers …
The expansion of the palm oil industry in the last ten years was partially in response to the anticipated demand for biofuels worldwide. The expected EU biodiesel boom did not materialize, resulting in a systemic oversupply of palm oil in Southeast Asia. A number of recent policy initiatives may bring about significant shifts in the …
Procter & Gamble (P&G) is a NYSE-listed multinational consumer goods company headquartered in Cincinnati, Ohio. P&G provides branded products and services in the home and personal care sectors in more than 180 countries. The company has a No Deforestation, No Peat, No Exploitation (NDPE) policy that covers all third-party suppliers, and it has committed to …
This report analyses deforestation risks linked to the “JJF Holding de Investimentos e Participações” land-grabbing case in Formosa do Rio Preto in the Matopiba region of the Cerrado biome (Brazil). The JJF Holding case, one of the largest land-grabbing incidents in Brazil, is linked to land tenure insecurities that cover 366,000 hectares in one of …
It has now been 25 years since the start of strong growth in the Southeast Asian palm oil industry. Independent smallholders are crucial in the supply chain of large palm oil companies as they generate up to 40 percent of the global Fresh Fruit Bunch (FFB) supply. However, independent smallholders are facing declining yields per …
A large majority of global palm oil traders and refiners have implemented No Deforestation, No Peat, No Exploitation (NDPE) sourcing policies in recent years. Violations of such policies have repeatedly led to suspensions of oil palm growers from supply chains. Four years after the first suspension events, data is available on both short- and long-term …
Glencore Agriculture is an agricultural commodity trading company that operates in corn, cotton, soy, and grains markets. Glencore Agriculture has been a stand-alone business since Glencore PLC divested in 2016. Its main shareholders are Glencore PLC (49.99 percent), the Canada Pension Plan Investment Board (CPPIB; 39.99 percent) and the British Columbia Investment Management Corporation (BCI; …
Cargill is the largest privately-held company in the United States and the second largest soy exporter in Brazil. In April 2018, Chain Reaction Research (CRR) concluded that Cargill’s 2030 zero-deforestation deadline allowed its Brazilian suppliers to continue deforesting in the Cerrado. This report assesses Cargill’s current deforestation risks in Brazil’s soy supply chain, given recent …
In 2017, Chain Reaction Research (CRR) reported 6.1 million hectares (ha) of forest and peatland remained on oil palm concessions, land that can be considered “stranded assets.” This update discusses figures and trends in the palm oil industry since 2017 and argues that oil palm development on forest and peatland will remain economically unviable for …
