Companies, asset owners and asset managers are intrigued by natural climate solutions--the conservation, restoration and management of forests to mitigate climate change. A group led by New Forests and Generation Investment just launched a 2030 NCS Investment Vision which explores a transition pathway to investment in sustainable land use. In this session, participants will: - Examine the challenges of land use change and degradation - Discuss the suite of available Natural Climate Solutions - Explore the opportunities presented by forest carbon projects
Shedding light on our efforts to fight deforestation in our cocoa supply chains
From the road, we could see some dead forest trees emerging above the cocoa canopy. With their branchless and barkless trunks, the dead trees cut an ominous figure, contrasting with the lush green of the surrounding forest.
While the dead forest trees were not located on cocoa farms in the Nestlé Cocoa Plan, they were symptomatic of the complex issue we have grappled with for years: deforestation in cocoa supply chains.
by Suzanna Buck, Senior Impact Investment Associate at Domini Impact Investments (named to the 30 Under 30 list at The SRI Conference in Nov 2019)
I might be the only ecologist on Wall Street, but I don’t mind. It’s exactly where I want to be: after a winding journey through field research, advocacy, and legal work, I believe changing the financial system may be the most effective solution to climate change.
by Jessye Waxman, Green Century Capital Management
As a shareholder advocate for an environmentally-responsible mutual fund company, I directly engage companies on their supply chain strategies and have successfully convinced them to adopt practices that have real-world impacts that protect a triple bottom line. I’ve collaborated with Aramark and Tyson Foods to develop robust no-deforestation commitments, and have successfully pressed Kroger, the largest grocery chain in the US, to adopt a no-deforestation policy that will cover its private label products.
Images of the Amazon rainforests engulfed by smoke and flames that spread across the globe in recent months were a clear signal about the growing urgency to tackle devastating deforestation. The ongoing destruction reminded us of the need to ensure that we all do our part to protect the Amazon, the world’s largest rainforest.
September 18, 2019 /3BL Media/ - Today, 230 institutional investors representing USD $16.2 trillion in assets under management are calling on companies to take urgent action in light of the devastating fires in the Amazon, which have been fueled in part because of the deforestation happening at an alarming rate in Brazil and Bolivia.
SC Johnson to Source 100% of its Natural Raw Materials from Sustainably Managed Forests by 2020
RACINE, Wis., April 29, 2019 /3BL Media/ – Forest protection has been a focus for SC Johnson for generations. Now, the company's Chairman and CEO, Fisk Johnson, is shining a spotlight on the topic in his ongoing effort to raise awareness of global environmental issues like deforestation and ocean plastic.
March 5, 2019 /3BL Media/ Nestlé today laid out an action plan to help end deforestation and restore forests in its cocoa supply chain in Côte d’Ivoire and Ghana. This plan is part of the company’s commitment to support the Cocoa & Forests Initiative, a new public-private partnership bringing together the governments of Côte d’Ivoire and Ghana and the cocoa and chocolate industry.
On the evening of Sunday, October 28th, Brazilian citizens solidified the decision that Jair Bolsonaro will be the country’s next president. Often called “tropical Trump,” Bolsonaro’s stated agenda has massive implications: during his campaign, he promised to withdraw from the Paris Agreement, shut down the Ministry of Environment and open up the protected indigenous lands to mining and industrial agriculture. In the week before the election, he walked back on some of these statements, but the overall sentiment doesn’t bode well for our climate—or for your company.