Forest 500 2022 annual report - A climate wake-up: but business failing to hear the alarm on deforestation

Monitoring report
Research report

Published January 2022 by Global Canopy. Authored by Burley, H. and Thomson, E.

Summary

The Forest 500, now in its eighth year, tracks the policies and performance of the 350 most influential companies and 150 financial institutions linked to deforestation in their supply chains and investments. The ranking provides vital data on organisations that have made commitments, and highlights the many companies and financial institutions that are still ignoring the issue altogether. The 2022 report shows another year of non-performance by the companies driving deforestation and the finance sector continuing to lag behind corporates. The report recommends that companies and financial institutions set and implement strong deforestation commitments and policies, covering deforestation, conversion, and associated human rights abuses, join multi-stakeholder efforts to raise awareness and enable cross sector collaboration; that governments develop and implement legislative frameworks to ensure action across the private sector in your jurisdictions; and that civil society organisations track and hold signatories and others accountable, focusing the greatest pressure on those that have not made commitments and are still not acting, in particular, those most influential laggards identified by the Forest 500.
Research detail

Forest 500 2022 annual report - A climate wake-up: but business failing to hear the alarm on deforestation

Monitoring report
Research report

Published January 2022 by Global Canopy. Authored by Burley, H. and Thomson, E.