News

Major food companies failing on sustainability pledges, research finds

Even the top performing companies will not reach their 2020 deforestation goals.

Helpful article from Food & Drink International that summarises relevant findings for food systems actors based on a new Consumer Deforestation Report ‘No Woods for the Trees.'  The new report analyses 22 companies (3% of MSCI ACWI World) according to scale and commodity use in the consumer goods sector, including Food Manufacturers, Personal & Household Goods Manufacturers and Fast Food Retailers.

Some of the top performers include Danone, Nestlé and Unilever, and companies ranking near the bottom include Tyson Foods, Kraft Heinz and Conagra.​ Even the top performing companies are not expected to meet their 2020 targets, and only eight companies have implemented robust forest and land use management practices. 

Read the full article from FDI: Major food companies failing on sustainability pledges, research finds

Read the CDP report: No wood for the trees

 

You may also be interested in these articles on the topic: