🌳Only 14% of the UK public is aware that their #pension could be funding #deforestation. Our new animated video, #SavingJane, released today in partnership with Make My Money Matter, Global Witness, Rewriting Earth and endorsed by Jane Goodall, PhD, DBE Founder - The Jane Goodall Institute, aims to raise public awareness of this critical link. 🪵The video focuses on the Sumatran rainforest in #Indonesia, where only nine percent of the original tropical rainforest remains. Vast swathes have been lost to palm oil, pulp and paper production. To avoid other forests in Indonesia and across the world meeting the same fate, we need to see stronger action from pension providers. 💷Two-thirds of the UK's top 20 workplace pension providers still do not have a public deforestation policy. And on a global level, Global Canopy’s research reveals that three-quarters of financial institutions with strong net-zero commitments are yet to publish a policy. We urge pension providers to publish deforestation policies and develop action plans to tackle deforestation in their portfolios: https://lnkd.in/ezBu8RmK Read more: https://lnkd.in/e8WhMxUV
Global Canopy
Non-profit Organizations
Oxford, United Kingdom 16,378 followers
Data for nature. Global Canopy provides world-leading data to assess, track and act on deforestation and nature loss.
About us
Global Canopy is a data-driven not for profit that targets the market forces destroying nature. We do this by improving transparency and accountability. We provide innovative open-access data, clear metrics, and actionable insights to leading companies, financial institutions, governments and campaigning organisations worldwide to help them make better decisions about nature, forests and people.
- Website
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http://GlobalCanopy.org
External link for Global Canopy
- Industry
- Non-profit Organizations
- Company size
- 51-200 employees
- Headquarters
- Oxford, United Kingdom
- Type
- Nonprofit
- Specialties
- Drivers of Deforestation, Forests and Finance, Natural Capital, Water, Energy and Food Security, Forest 500, Transparency, Traceability, sustainability, and Trase
Locations
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Primary
3 Frewin Chambers, Frewin Court
Oxford, United Kingdom OX1 3HZ, GB
Employees at Global Canopy
Updates
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📊 The latest update of Planet Tracker’s Nature Scorecard now ranks over 1,000 businesses, leveraging Global Canopy's Forest 500 data and Taskforce on Nature-related Financial Disclosures (TNFD) early adopters data, to support transparency on corporate nature-related issues.
📢 Planet Tracker’s updated Nature Scorecard now includes over 1,000 companies. By identifying the companies perceived by financial institutions as influential in terms of nature and biodiversity, the Scorecard aims to empower stakeholders with the information needed to protect and enhance our planet's vital natural resources. The ‘biocrastination’ needs to stop. Learn more about the update: 👉 https://lnkd.in/eUnkvv3P View the interactive dashboard here: 👉 https://lnkd.in/eAR3BKbu World Benchmarking Alliance, Taskforce on Nature-related Financial Disclosures (TNFD) Business for Nature #Biocrastination #ResponsibleInvestment #Stewardship #ESG #Nature
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🗣 “I urge pension providers to remove deforestation-linked projects from their portfolios and invest in projects that help protect the beautiful places of our planet” - Dr Jane Goodall, PhD, DBE Founder - The Jane Goodall Institute & UN Messenger of Peace. 💷 Though #pensions are supposed to protect our future, they’re right now destroying climate-critical forests. A staggering £300 billion in UK pensions is linked to #deforestation. This means for every £10 saved in a pension, £2 is linked to deforestation. 🌳 Deforestation poses a big risk to UK pensions. Our pension providers must step up on this urgent issue and seize the opportunity to drive transformative change. This means publishing deforestation policies this year. 📽 Watch our new animated film, #SavingJane -> https://lnkd.in/e3xXGbYn - and demand deforestation-free pensions today. Make My Money Matter Rewriting Earth Global Witness
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🐄 #Brazil's largest beef-producing state is also home to the second-largest pasture area in the country. Mato Grosso’s 22% share in #beef exports juxtaposed with its 18% degraded pasture land points towards its critical role in Brazil’s #agribusiness economy. 🌳 Half of all degraded pastures are concentrated in fewer than 50 municipalities, predominantly in the south. In 2021, 3 municipalities - Vila Bela da Santíssima Trindade, Porto Esperidião and Itiquira - contributed 11% of the state’s beef exports, encompassing 7% of the degraded pasture area. 📈 JBS, Marfrig and Minerva - the main traders sourcing beef from regions with higher concentrations of degraded pastures -can drive pasture recovery efforts in Mato Grosso. 🌿 Degraded pastures release stored carbon into the atmosphere and investing in pasture restoration could greatly improve the #environmental performance of beef production. Trase - Intelligence for sustainable trade’s latest analysis by André Vasconcelos & Osvaldo Pereira shows where to start focusing efforts ⬇ https://lnkd.in/eMVX37Sh JBS Minerva Foods Marfrig Global Foods
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💡Insightful summary from Gabriella Lovas on Borregaard’s approach to biodiversity reporting, outlining the tools it used, including ENCORE. ➡Access ENCORE here: https://lnkd.in/eCJMvWc8
🌎 GRI Certified Sustainability Professional I CFA Certificate in ESG I Ex-Bloomberg I Delivers easy-to-understand content on complex financial topics | Views are my own - who else’s? 🌎
💡 Reporting on biodiversity under ESRS - Borregaard Norway's biorefinery operator Borregaard’s sustainability reporting caught my attention as it brings together key standards and initiatives and has separate supplementing reports for double materiality and climate and nature among others. The report was prepared in accordance with the Global Reporting Initiative (GRI). However, for the first time, they assessed #doublemateriality based on the #ESRS and also made other alignments to prepare for full ESRS reporting from 2024. Moreover, they issued a separate “Climate and Nature Risk report” a in accordance with IFRS Foundation S2 standard for #climate and the Taskforce on Nature-related Financial Disclosures (TNFD) for #nature. DOUBLE MATERIALITY ASSESSMENT REPORT Borregaard conducted a double materiality assessment (DMA) based on the ESRS. In the DMA, they included all the topical ESRS topics and their subtopics. The good news is that they see an increasing engagement among #stakeholders related to nature. Some stakeholders are concerned about forest use, wildlife, #climatechange, or community issues. There are ongoing discussions among various stakeholders to find the right balance between sourcing sustainable and renewable raw materials and safeguarding the forest's role for #biodiversity and outdoor life. Stakeholders pay more attention to nature-related risks, such as from the use of wood as a raw material as well as emerging changes in #sustainabilityregulations from the EU #GreenDeal. As a result of the DMA, the “Biodiversity and ecosystems” topic and within that the “Direct impact drivers of biodiversity loss” sub-topic was deemed material in the upstream #valuechain. The DMA also pointed out the main actions needed, which include ensuring long-term access to sustainable forest raw material with low impact on biodiversity. CLIMATE AND NATURE RISK REPORT The report considers the company's Dependencies and Impacts on nature, and use these as a baseline for understanding Risks and Opportunities. By mapping their value chain, as well as direct operational sites, they identified their interference with nature throughout the value chains. Using the #LEAPapproach, they identified material and sensitive locations following TNFD criteria. The sensitive locations were determined by identifying sites in the value chain located in areas important for biodiversity and/or high ecosystem integrity. These were identified by plotting the locations in online tools including 📌 WWF Biodiversity risk filter https://lnkd.in/dryCefAN 📌 Integrated Biodiversity Assessment Tool (IBAT) https://lnkd.in/d9jeJjFT 📌 NIBIO Norwegian Institute of Bioeconomy Research https://www.nibio.no/en 📌 ENCORE https://lnkd.in/dMhpdv6a The analysis covers their impacts on a variety of ecosystems, such as 🔹 boreal forests 🔹 freshwater ecosystems 🔹 tidal areas 🔹 salmon stocks #sustainabilityreporting #csrd
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🌍 We need action from the #UK government if they’re to fulfil their manifesto promise to be a world leader on #climate action. 🔍 Our own Trase - Intelligence for sustainable trade research found the UK’s average #deforestation exposure between 2019 and 2021 was 15,200 hectares. Financial institutions in the UK invested £40 billion in direct finance and £198 billion in indirect finance to companies exposed to deforestation risk. 📑 A critical step for the new government is to lay down the secondary regulations to turn the 2021 UK #EnvironmentAct into company action. The secondary legislation must be ambitious in coverage, scope and demands on companies and enforcement powers. 🌳 As a global financial centre, the UK is well-placed to keep the links between deforestation and finance on the international agenda at both #COP16 in Cali and #COP29 in Baku, including pushing for stronger best practice and sectoral alignment on deforestation-free finance. Read the detailed insight by our Deputy Executive Director - Helen Bellfield here ⬇ https://lnkd.in/eFy-DsKc
UK general election: Deforestation and nature loss must be a priority for the new government
https://globalcanopy.org
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#JobAlert 💼 Are you a seasoned professional who believes in the power of a people-centred organisation? Then we have the right role for you! As People and Culture Manager, you will be at the heart of an ever-more #inclusive culture of a data-driven not for profit delivering real transparency and accountability for #nature and people. Our platforms, data and insights are relied upon by Fortune 500 companies, major financial institutions and governments. Working closely with the #Leadership Team, you will manage all aspects of people’s journey with the organisation, including #recruitment, performance management, employee relations and payroll, to deliver our vital work for forests, nature and #humanrights. 📍 Oxford/flexible home-working 💷£55,000 – £60,000 🗓️23 September 2024 If you have strong relationship-building skills and deep technical expertise to lead on People initiatives that create effective professional development and positive impact as an organisation, apply now! Check the essential skill set and responsibilities of this role here ⬇️ https://lnkd.in/eTAnHT6H #Hiring #HiringNow
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🌳 How did luxury retailer Kering reduce their impact on #deforestation and achieve the largest increase of score for a #Forest500 company? 🌍 The global retailer, whose brands include Gucci, Saint Laurent and BALENCIAGA, has been part of the Forest 500 since 2014. The company has significant influence on tropical deforestation through their sourcing of leather and pulp and paper. 📈 Between 2021 and 2022, Kering improved their score for Reporting and Implementation by 17 percentage points. Read this case study to learn more ⬇ https://lnkd.in/enxjJUqF
Case study: Kering uses Forest 500 data to take action against deforestation
forest500.org
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🪵Logging, forest burning and other forms of human-caused degradation, alongside natural disturbances to the #Amazon ecosystem, are releasing more carbon dioxide than #deforestation, according to a new study published in the journal Proceedings of the National Academy of Sciences. Human-caused degradation and natural disturbances accounted for 83% of the emissions and 17% from #deforestation. 🌳 Forests are essential carbon sinks absorbing our greenhouse gas emissions with the Amazon rainforest alone absorbing 1.7 billion tons of CO2 per year. However, in recent years the Amazon has been releasing more carbon than it has been absorbing because of deforestation and degradation. Halting deforestation is a key part of President Lula’s legislative agenda as #Brazil accounted for almost half of all tropical deforestation in 2022 and is the world’s fifth-largest emitter of greenhouse gas. 🗣 Adriana Ramos, Public Policies Specialist at Instituto Socioambiental, commented on the situation in Brazil: “If we do not have a real commitment at the political level, the figures on effectiveness will remain as low as they are now, and we won’t be able to find the solutions we need in time to avoid the tipping point in the Amazon.” Reuters Jake Spring Read ⬇ https://lnkd.in/eaCejS-D
Deforestation harms climate less than other types of Amazon degradation, study finds
reuters.com
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#IndigenousPeoplesDay | “Consent should be sought for any activities "that could potentially impact on the rights of Indigenous Peoples.” 🌳Protecting Indigenous Peoples and local communities relies on protecting forests: there is 50 per cent less deforestation on #Indigenous lands. Successfully tackling deforestation and ecosystem conversion requires effective action on the associated #humanrights abuses - which are too often ignored. 📑Our latest Forest 500 briefing ‘The human rights blindspot in #deforestation action’ focused on Free, Prior and Informed Consent (FPIC), which is an ongoing process of obtaining consent from Indigenous Peoples before any activities are undertaken on their land. 🌍 “FPIC sits at the nexus between respect for human rights, Indigenous Peoples’ culture and physical survival, and the protection of their #forests, which are essential for #climatechange mitigation,” said Cathal Doyle, Legal and Human Rights Programme Coordinator at Forest Peoples Programme. 🔎 Forest 500 analysis found that 31% of financial institutions have published a policy encouraging or requiring their clients or holdings to test for FPIC of Indigenous Peoples and of local communities, compared to just 13% in 2014. Learn more about the importance of FPIC here ⬇ https://lnkd.in/eCnf6pqA
Why Free, Prior and Informed Consent (FPIC) is crucial - Cathal Doyle
https://www.youtube.com/