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CDP Global Forests Report 2014
Introduction Paul Simpson CEO, CDP
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CDP Global Forests Report 2014
Drawing on analysis from 152 company responses
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Abigail Herron Head of Responsible Engagement, Aviva Investors
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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;
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Roadmap from commitments to action
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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.
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2 Inconsistencies in corporate action on this journey
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3 Businesses can realize opportunities on this journey
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Freddie Woolfe Hermes Investment Management
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