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.

Start Exploring Now
compare banks interface
data search interface

Helping You Research & Analyze by

Graphing interface

Identifying trends

Explore how much money flows into different forest-risk commodity sectors across tropical forest areas during specific timeframes.

Data table interface

Revealing transaction Data

Dig deeper into our database of banks, investors, and deforestation-risk companies, with up to 10 search criteria options.

bank profile interface

Assessing policies and exposure

See how banks and investors measure up on environmental, social and governance (ESG) policies and their exposure to forest-risks


We untangle the web of abuses from Northern Pulp, Paper Excellence and Asia Pulp & Paper and what it means for the takeover of Domtar and its investors @Barclays @CreditSuisse @BMO

Domtar Deal, Deforestation and Abuses: Whose Side are Banks On?

Financiers: Drop JBS!


🚨What does a polluting industrial plant in North America have in common with lost pristine rainforests and human rights abuses in Indonesia?

All companies responsible are part of the same conglomerate.

Read our latest blog on the @DomtarCorp deal 👇👇

Dutch TV doc shows how Bunge buys soy from Estrondo, a soy producing company in the Cerrado involved in deforestation and conflict. Its security guards have shot at locals multiple times.

Bunge financiers include:

Lançamos uma série especial que investiga relações do agronegócio com o mercado financeiro. E o que isso significa para políticas públicas brasileiras e defesa de territórios indígenas e quilombolas, por exemplo.

RT pra divulgar o que já foi publicado até agora!
🎥Fellipe Abreu

Twitter feed video.
Load 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.

illustration of banker at atm

Featured Story Using Our Data

Banking Centers of Brazil, Indonesia, China, the United States and Japan Are Bankrolling Global Deforestation, New Analysis Finds

More than USD 238 billion in credit has been provided to companies driving tropical deforestation globally since the Paris Climate Agreement

Banker grinding down trees to make money

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.

  • ran logo
  • tuk indonesia logo
  • Profundo
  • reporter brasil logo
  • amazon-watch-logo
  • banktrack-logo
  • Sahabat Alam - Malaysia Logo
  • Friends of the Earth US Logo