CDP warns $billions at risk if corporates fail to curb deforestation

Companies are increasingly aware of the huge risks associated with deforestation in their supply chains, but just one in 10 are taking action to tackle them. That is the headline finding from environmental reporting platform the Carbon Disclosure Project's (CDP) latest annual Forest Report, published this week (6 July) which tracks companies' efforts to meet global deforestation goals. Following recent research from the World Resource Institute which found an area the size of Switzerland was cleared from rainforests in 2022, CDP warned it is "vital" that companies step up efforts to d...