Please join CRR and Forests & Finance in this webinar, July 22 10:00 AM Eastern Time (US and Canada) to hear about our exciting research on financier ties to palm oil deforestation.
Deforestation Archives - Aidenvironment
Papua lost 7,000 ha of forests due to pulp and paper companies
Four companies deforested 7,000 hectares for industrial trees in Papua between 2016 to May 2021, analysis by Aidenvironment reveals. The largest deforester was the South Korean Moorim Group that cleared 3,800 hectares of forests during the said period and continued its clearing through 2021.
Automotive Industry Exposure to Deforestation
Cattle-raising is the leading driver of deforestation in the Brazilian Amazon, which lost 1.1 million hectares in 2020, the highest rate since 2012. In the past the pressure to stop deforestation concentrated on the beef supply chain and the three largest Brazilian meatpackers (JBS, Marfrig, and Minerva).
Indonesia’s Forest and Peatland Policies Fail to Stop Oil Palm Deforestation
Our latest report on Indonesia’s forest and peatland policies finds that the exploitation of moratorium loopholes and the lack of sanctions encourage further deforestation, fires, and peatland degradation.
The Sumatera Dinamika Utama Group, Third Largest Deforester in Indonesia’s Pulp and Paper Sector over 2020
The company group Sumatera Dinamika Utama (SDU) was the third largest deforester in Indonesia’s pulp and paper sector in 2020, mainly due to its plantation company PT Permata Borneo Abadi, which cleared 850 hectares of forests.
Aidenvironment Deforestation System detects fire in top Cerrado deforester SLC Agrícola’s Fazenda Palmeira
Aidenvironment monitors deforestation and fires in biodiversity hotspots and high-risk areas in tropical forest regions, including the Brazilian Cerrado. In May 2021, Aidenvironment’s system detected the first fire event in Cerrado biome that may signal the start of the 2021 fire season, an annual occurrence linked to agricultural expansion in the region.
Webinar: Evaluating the Universe of Risks in Indonesia Palm Oil
On April 15th, the Zoological Society of London SPOTT (ZSL SPOTT), Chain Reaction Research (CRR), and Orbitas hosted a webinar into the fundamentals for how financiers should analyze a broad range of risks amongst palm oil companies in Indonesia. A link to watch the webinar is now available.
Driving deforestation: The European automotive industry’s contribution to deforestation in Brazil
On Friday 16th April, Rainforest Foundation Norway released a new report commissioned by Aidenvironment highlighting the risk of deforestation within the supply chains of European car manufacturers who purchase leather from Brazil.
Japanese Companies’ Major Financiers and Buyers of Unsustainable Palm Oil and Plywood
Aidenvironment published a report this week, on the role of Japan in the worldwide palm oil and timber market. The paper, co-written with our Chain Reaction Research consortium partners Profundo and Climate Advisors, highlights that major Japanese trading corporations ITOCHU, Mitsubishi, Mitsui & Co., Sojitz, and Sumitomo, are buyers and financiers of unsustainable palm oil and/or plywood.
Alas Kusuma Group second largest deforester in Indonesia’s pulp and paper sector
Amsterdam, 16 March 2021. One of Indonesia’s largest companies, the Royal Golden Eagle (RGE) group, is connected to 9,400 hectares of deforestation in 2020. RGE is among Indonesia’s largest companies in palm oil, pulp, paper and textile fibers. It claims to have a no-deforestation commitment.