Article
Investors with $8.7 trillion in assets commit to work on eliminating agricultural commodity-driven deforestation risks in portfolios by 2025
"Commitment on Eliminating Agricultural Commodity-Driven Deforestation", 2 Nov 2021
Over 30 financial institutions with more than (US) $8.7 trillion in assets under management are committed to work on eliminating agricultural commodity-driven deforestation risks in their investment and lending portfolios by 2025... This investor-led initiative is supported by a collaborative effort from leading organisations and individuals at the intersection of finance and conservation... The signatory financial institutions commit to using “best efforts to eliminate forest-risk agricultural commodity-driven deforestation activities at the companies in our investment portfolios and in our financing activities by 2025”...