# Report: Forest Protection Pledges Have Surged, But Progress Has Been Mixed

> A report from research groups tracking the New York Declaration on Forests found 108 companies made 212 new forest commitments since December 2015. It says progress on implementation is mixed across palm oil, wood, cattle and soy.

- Date: 2016-11-03 · published 2016-11-03T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/73865-report-forest-protection-pledges-have-surged-but-progress-has-been-mixed
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Mixed implementation of deforestation pledges suggests gradual rather than abrupt changes in palm oil and soy sourcing, so the price impact is limited.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-07-03 | [Europe's contribution to deforestation set to rise despite pledge to halt it \| BusinessGreen News](https://feedsoft.ai/events/70003-europe-s-contribution-to-deforestation-set-to-rise-despite-pledge-to-halt-it.md) | +4.0% | +4.1% |
| 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 | 2021-04-14 | [Palm unchanged on anticipation of higher production and exports - Markets - Business Recorder](https://feedsoft.ai/events/47469-palm-unchanged-on-anticipation-of-higher-production-and-exports-markets.md) | +3.9% | +15.3% |
| PALMOIL | 2018-09-25 | [Deforestation-linked palm oil still finding its way into top consumer brands: report](https://feedsoft.ai/events/62903-deforestation-linked-palm-oil-still-finding-its-way-into-top-consumer-brands.md) | -2.4% | -0.0% |
| PALMOIL | 2025-03-18 | [EUDR compliance costs to be minimal, report finds — but industry disagrees](https://feedsoft.ai/events/25601-eudr-compliance-costs-to-be-minimal-report-finds-but-industry-disagrees.md) | -0.2% | -5.7% |
| SOY | 2025-03-11 | [USDA Report Reaction \| Markets have muted response to USDA's March WASDE Report - Pro Farmer](https://feedsoft.ai/events/25513-usda-report-reaction-markets-have-muted-response-to-usda-s-march-wasde-report.md) | +1.6% | -1.7% |
| SOY | 2025-07-01 | [New European Soy Report Highlights Progress and Challenges in Transition to Deforestation-Free Supply Chains  - ProTerra Foundation](https://feedsoft.ai/events/23779-new-european-soy-report-highlights-progress-and-challenges-in-transition-to.md) | 0.0% | -4.1% |
| SOY | 2018-05-31 | [Crop progress and condition report - Morning Ag Clips](https://feedsoft.ai/events/64878-crop-progress-and-condition-report-morning-ag-clips.md) | -2.8% | -15.2% |

## Sources

- sustainablebrands.com: https://sustainablebrands.com/read/report-forest-protection-pledges-have-surged-but-progress-has-been-mixed

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