News
Shareholders send MUFG a stark climate warning
At its AGM today in Tokyo, 23% of shareholders issued a major climate warning to Mitsubishi UFJ Financial Group (“MUFG”) management by voting in favour… Read More
FINANCE’S ROLE IN DEFORESTATION
Forests & Finance assesses the finance received by over 300 companies directly involved in the beef, soy, palm oil, pulp and paper, rubber and timber supply chains, whose operations may impact natural tropical forests and the communities that rely on them in Southeast Asia, Central and West Africa, and parts of South America.
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Helping You Research & Analyze by
Identifying trends
Explore how much money flows into different forest-risk commodity sectors across tropical forest areas during specific timeframes.
Revealing transaction Data
Dig deeper into our database of banks, investors, and deforestation-risk companies, with up to 10 search criteria options.
Assessing policies and exposure
See how banks and investors measure up on environmental, social and governance (ESG) policies and their exposure to forest-risks
LATEST INSIGHTS & ANALYSIS
News
Indonesian Forestry Titan Royal Golden Eagle Remains a Major Roadblock to Progress in Saving Leuser Ecosystem
Nearly two years after being exposed for driving deforestation in one of the most important forests left on the planet – the Singkil Bengkung… Read More
News
Brazilian meat company JBS Issues“sustainability-linked” bonds
Forests and Finance Coalition responds On June 15, JBS, the Brazilian meat company, announced it had sold US $1 billion worth of “sustainability-linked” bonds. Read More
How The Data Was
Obtained and Processed
Scope of the data
This project assesses the financial services received by over 300 companies directly involved in the beef, soy, palm oil, pulp and paper, rubber, and tropical timber (“forest-risk sector”) supply chains, whose operations impact natural tropical forests in Southeast Asia, Central, and West Africa, and parts of South America.
Source of the data
The financial data was retrieved from: financial databases (Bloomberg, Refinitiv, Thomson EMAXX, TradeFinanceAnalytics, and IJGlobal); company reports (annual, interim, quarterly) and other company publications; company register filings; as well as media and analyst reports. These were used to identify corporate loans and underwriting facilities provided to the selected companies for the period 2013-2020 (April), and bondholding and shareholding data for April 2021.
Adjustment of the data
Companies with business activities outside of the forest-risk sector had recorded amounts reduced to more accurately present the proportion of financing that can be reasonably attributed to the forest-risk sector operations of the selected company, in the selected regions (see Adjusters).
For more information, please see the methodology section.
Featured Story Using Our Data
Two Sides of the Same Coin: How the Pulp and Paper Industry Is Profiting From Deforestation in the Amazon Rainforest
Agriculture and cattle ranching are the notorious drivers of deforestation in the Brazilian Amazon. But the cattle and soy industry are only one side of the coin, with pulp & paper companies refusing to carry the blame because they do not directly burn the land – other industries do that for them.
A Coalition Seeking Change
We seek to improve financial sector transparency, policies, systems, and regulations to prevent financial institutions from facilitating systemic adverse Environmental, Social and Governance (ESG) impacts that are all too common in the operations of many forest-risk commodity sector companies.
