5 December, 2016 - Launched today, CDP's 2016 forest report reveals that nearly a quarter (24%) of the revenues of global companies depend on four deforestation-linked commodities: cattle products, palm oil, soy and timber products. As much as USD906 billion in annual turnover could be in jeopardy. These latest insights are included in the report by CDP titled "Revenue at risk: Why addressing deforestation is critical to business success", which has been produced on behalf of 365 investors representing US$22 trillion. A total of 187 companies provided data to CDP this year on their deforestation risk management strategies. The scoring of disclosed efforts to address deforestation was undertaken by leading sustainability solutions provider South Pole Group. Two of the most important global commodity traders, Archer Daniels Midland and Bunge, are among the major firms who disclosed deforestation data for the first time through CDP.
