Companies urged to scrutinize supply chains for deforestation risks

Posted On: Sep. 25, 2019 6:03 AM CST

Norway-based sustainability organization Ceres said that more than 230 mostly institutional investors, managing more than $16 trillion in assets, have signed a declaration urging companies to scrutinize their supply chains in order to curtail forest destruction, Just-Style reported. The statement asks companies to publicly disclose and implement a commodity-specific no-deforestation policy with quantifiable, time-bound commitments covering the entire supply chain and sourcing.