Global finance sector accused of making only 'limited progress' on tackling deforestation

clock • 4 min read
Credit: iStock
Image:

Credit: iStock

Global Canopy's latest assessment of finance sector's efforts to curb deforestation find many investment firms still have no policies in place to tackle high-risk commodities such as leather or soy

Only a handful of financial institutions are making progress with their deforestation policies, while a majority - including some of the world's largest asset managers - are still failing to take even...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

UK appoints new climate security envoy - here's what she could change

UK appoints new climate security envoy - here's what she could change

Madeleine Alessandri has been named as the world's first special representative for climate security - but she now faces a daunting in-tray

James Dyke, University of Exeter - The Conversation
clock 13 November 2026 • 3 min read
WWF: UK international supply chains exposed to habitat destruction risks

WWF: UK international supply chains exposed to habitat destruction risks

Study finds overseas area four times size of Wales is used to produce goods for UK that are at risk of being disrupted by deforestation and habitat destruction

clock 13 November 2026 • 3 min read
UK SRS for CFOs: Why climate risk is a financial opportunity

UK SRS for CFOs: Why climate risk is a financial opportunity

Partner Insight: Emma Littlewood from 51toCarbonZero explains why data can help CFOs better manage risks, identify opportunities for growth, and build a stronger case for investment

Emma Littlewood, 51toCarbonZero
clock 12 November 2026 • 5 min read