# Companies are underestimating the risks of deforestation in their commodities supply chains

> CDP reported that only 42 percent of 187 companies surveyed have assessed how deforestation-linked supply risks affect their growth plans. Global Canopy Programme's Forest 500 ranking found that 2020 and 2030 deforestation targets are unlikely to be met.

- Date: 2016-12-17 · published 2016-12-17T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/73496-companies-are-underestimating-the-risks-of-deforestation-in-their-commodities
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Findings of weak corporate risk management could lead to tighter buyer requirements for palm oil, soy, beef and pulp, which may gradually limit supply options. Immediate price impact is minimal.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-06-02 | [The state of forest-risk supply chains – Global Canopy](https://feedsoft.ai/events/52642-the-state-of-forest-risk-supply-chains-global-canopy.md) | +3.9% | +5.2% |
| PALMOIL | 2019-06-11 | [Eliminating deforestation from supply chains by 2020: a review of the Amsterdam Declaration countries – Global Canopy](https://feedsoft.ai/events/58616-eliminating-deforestation-from-supply-chains-by-2020-a-review-of-the-amsterdam.md) | +0.9% | -2.3% |
| PALMOIL | 2016-11-03 | [Biggest threat to forests, beef lags in push to cut supply chain deforestation](https://feedsoft.ai/events/73863-biggest-threat-to-forests-beef-lags-in-push-to-cut-supply-chain-deforestation.md) | +2.2% | +5.2% |
| PALMOIL | 2024-08-14 | [EU commodities import continue to drive deforestation - EMMA4EU](https://feedsoft.ai/events/28805-eu-commodities-import-continue-to-drive-deforestation-emma4eu.md) | +1.7% | +7.8% |
| PALMOIL | 2024-05-29 | [EU27 countries in the spotlight for deforestation exposure](https://feedsoft.ai/events/30265-eu27-countries-in-the-spotlight-for-deforestation-exposure.md) | +1.5% | +1.1% |
| SOY | 2018-08-13 | [Trase.earth tracks commodities, links supply chains to deforestation risk](https://feedsoft.ai/events/63556-trase-earth-tracks-commodities-links-supply-chains-to-deforestation-risk.md) | +4.2% | -1.5% |
| SOY | 2024-01-29 | [Assessing tropical deforestation in Germany's agricultural commodity supply chains \| SEI](https://feedsoft.ai/events/32135-assessing-tropical-deforestation-in-germany-s-agricultural-commodity-supply.md) | -1.7% | -6.1% |
| SOY | 2020-06-02 | [The state of forest-risk supply chains – Global Canopy](https://feedsoft.ai/events/52642-the-state-of-forest-risk-supply-chains-global-canopy.md) | +2.9% | +3.1% |

## Sources

- news.mongabay.com: https://news.mongabay.com/2016/12/companies-are-underestimating-the-risks-of-deforestation-in-their-commodities-supply-chains/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.