#1
#1 out of 1
business10h ago
Why addressing deforestation is a strategic business priority
- DEF listed: The article frames addressing deforestation as a strategic business priority impacting resilience and compliance.
- FRAMEWORK note: The Accountability Framework offers an integrated approach to tackle deforestation in supply chains.
- PIllars outlined: Three core pillars guide corporate action on deforestation and sourcing.
- TRACEABILITY focus: Companies should gain visibility into origins through traceability and monitoring systems.
- CASE: Bunge and PepsiCo show progress in 2024 with high traceability and satellite monitoring.
- LOCAL IMPACT: Collaboration with smallholders and suppliers aims to improve livelihoods and yields.
- FINANCIAL COMMITMENTS: Initiatives like the Rimba Collective aim to mobilize billions for forest protection.
- MULTI-STAKEHOLDER DRIVE: Action requires collaboration among companies, governments, civil society, and communities.
- REGULATORY ALIGNMENT: Framework aligns with CDP, SBTi, SBTN, and TNFD for integrated reporting.
- CALL TO ACTION: Companies at any stage can join peers in following the Accountability Framework for responsible sourcing.
Vote 0