CDP Global Forests Report 2014

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Presentation transcript:

CDP Global Forests Report 2014 Introduction Paul Simpson CEO, CDP

CDP Global Forests Report 2014 Drawing on analysis from 152 company responses

Abigail Herron Head of Responsible Engagement, Aviva Investors

1 Urgent business imperative for action 74% of respondents recognize at least one risk to their business from commodities linked to deforestation; Over half of companies point to at least one reputational risk associated with key forest-risk commodities; Over a third of companies disclosing on palm oil say they are unable to identify sufficient sustainable sources of the commodity to meet future demand;

Roadmap from commitments to action

Sector leaders 2014 The hallmarks of leadership: Ambitious commitment across all forest-risk commodities; Comprehensive assessment of risks; Strong targets supported by interim targets; Quality work to build capacity in the supply chain and clear supplier improvement plans; Work with the wider supply chain; and Engaging customers to create demand and differentiate their products.

2 Inconsistencies in corporate action on this journey

3 Businesses can realize opportunities on this journey

forests@cdp.net Freddie Woolfe Hermes Investment Management