Deforestation in Supply Chains: A Climate Change Challenge to Sustainable Development
Posted by Ben Wilde on May 16, 2017 10:00:00 AMMORE
Addressing deforestation is critical to business, climate action and sustainable development. The global trade of soy, palm oil, cattle products and timber products (the four forest-risk commodities) is a major contributor of deforestation. If businesses don’t address their presence in supply chains, there will be significant ramifications for their reputation, operations and expenditure. Two international agreements with massive investor influence, the Paris Agreement and the UN Sustainable Development Goals (SDGs), have challenged businesses to address their supply chains in relation to deforestation and climate change. Sustainable development hinges on this critical issue.