Eight companies including McDonald’s and L’Oréal have joined the newly-expanded supply chain platform of CDP, to tackle global deforestation.
New members include McDonald’s Latin American franchise Arcos Dorados, Swiss fragrance and flavour company Firmenich, Brazilian meatpacker JBS, American healthcare company Johnson & Johnson, Brazilian paper producer Klabin and Canadian restaurant group Restaurant Brands International.
The companies are working with CDP to gather information from their key suppliers on how they are managing the risks linked to deforestation. The request for information, issued by CDP on behalf of the eight organisation, includes strategies for measuring and monitoring use of forest-risk commodities, progress against deforestation targets and engagement with suppliers.
Dexter Galvin, head of supply chain at CDP, said: “Ending deforestation will be fundamental to global efforts to prevent dangerous climate change. With such a large proportion of company revenues attached to commodities in their supply chain that are driving deforestation, this is now a critical business issue.”