by Suzanna Buck, Senior Impact Investment Associate at Domini Impact Investments (named to the 30 Under 30 list at The SRI Conference in Nov 2019)
I might be the only ecologist on Wall Street, but I don’t mind. It’s exactly where I want to be: after a winding journey through field research, advocacy, and legal work, I believe changing the financial system may be the most effective solution to climate change.
by Jessye Waxman, Green Century Capital Management
As a shareholder advocate for an environmentally-responsible mutual fund company, I directly engage companies on their supply chain strategies and have successfully convinced them to adopt practices that have real-world impacts that protect a triple bottom line. I’ve collaborated with Aramark and Tyson Foods to develop robust no-deforestation commitments, and have successfully pressed Kroger, the largest grocery chain in the US, to adopt a no-deforestation policy that will cover its private label products.
Images of the Amazon rainforests engulfed by smoke and flames that spread across the globe in recent months were a clear signal about the growing urgency to tackle devastating deforestation. The ongoing destruction reminded us of the need to ensure that we all do our part to protect the Amazon, the world’s largest rainforest.
September 18, 2019 /3BL Media/ - Today, 230 institutional investors representing USD $16.2 trillion in assets under management are calling on companies to take urgent action in light of the devastating fires in the Amazon, which have been fueled in part because of the deforestation happening at an alarming rate in Brazil and Bolivia.
SC Johnson to Source 100% of its Natural Raw Materials from Sustainably Managed Forests by 2020
RACINE, Wis., April 29, 2019 /3BL Media/ – Forest protection has been a focus for SC Johnson for generations. Now, the company's Chairman and CEO, Fisk Johnson, is shining a spotlight on the topic in his ongoing effort to raise awareness of global environmental issues like deforestation and ocean plastic.
March 5, 2019 /3BL Media/ Nestlé today laid out an action plan to help end deforestation and restore forests in its cocoa supply chain in Côte d’Ivoire and Ghana. This plan is part of the company’s commitment to support the Cocoa & Forests Initiative, a new public-private partnership bringing together the governments of Côte d’Ivoire and Ghana and the cocoa and chocolate industry.
On the evening of Sunday, October 28th, Brazilian citizens solidified the decision that Jair Bolsonaro will be the country’s next president. Often called “tropical Trump,” Bolsonaro’s stated agenda has massive implications: during his campaign, he promised to withdraw from the Paris Agreement, shut down the Ministry of Environment and open up the protected indigenous lands to mining and industrial agriculture. In the week before the election, he walked back on some of these statements, but the overall sentiment doesn’t bode well for our climate—or for your company.
A new project in Peru is setting out to overcome barriers to growing more trees on farms, to protect biodiversity and help the country meet its nationally determined contributions to reducing greenhouse gas emissions
by Rob Finlayson
Peru has more than 70 million hectares of tropical forests. However, between 2001 and 2016 the country lost more than 1.9 million hectares largely owing to expansion of agriculture, and the trend continues. Deforestation is responsible for 51% of Peru’s emissions of greenhouse gases.
SAN FRANCISCO, September 14, 2018 /3BL Media/ - As carbon pollution from global cattle production and tropical deforestation continues its alarming rise, 44 investors with approximately US $6.4 trillion in assets under management today called on companies sourcing beef and related cattle products to mitigate and eliminate deforestation risks from their supply chains.