The Global Canopy's 'Forest 500' assesses the 350 most influential companies in forest-risk commodity supply chains and the 150 financial institutions that support them. Nearly half of the 500 assessed companies have made commitments to eliminate deforestation by 2020, but none of the companies and financial institutions assessed in 2018 are on track to meet their target in time.
Collected news links from external sources related to topics concerning the Book Chain Project.
The second largest US grocery chain, Safeway, has established a policy that excludes deforestation-linked palm oil from its products. Safeway is asking its suppliers to implement social and environmental criteria that ensure the palm oil it uses in branded products is “free of deforestation, free of expansion on carbon-rich peat lands…” Safeway’s move was immediately welcomed by the Rainforest Action Network, which has been campaigning to push American companies to demand greener palm oil.