Big Brands Unable To Curb Deforestation And Big Banks Addicted To Fossil Fuels
Big Brands Unable To Curb Deforestation And Big Banks Addicted To Fossil Fuels Despite public commitments to net-zero emissions, major global brands continue to source commodities linked to deforestation. Simultaneous analysis reveals that major banks are increasing their financing of fossil fuel projects, creating a dual environmental challenge that undermines climate action. Corporate Deforestation Footprint A 2022 report by the Forest Declaration Platform found that 500 multinational corporations committed to deforestation-free supply chains by 2025 are still sourcing palm oil, soy, beef, and paper products from areas linked to forest loss. The Consumer Goods Forum, representing over $10 trillion in … Continue reading Big Brands Unable To Curb Deforestation And Big Banks Addicted To Fossil Fuels
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