Brazilian beef and leather companies fall short in tackling deforestation, a study finds

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World News News

Climate,Business,Niki Mardas

The next United Nations climate conference will be held in Belem, the capital of an Amazon region where widespread deforestation has turned the surrounding rainforest from a vital carbon sink into a significant carbon source.

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“Although cattle is the single most influential commodity for deforestation and linked greenhouse gas emissions, the report ... reveals a picture of staggering inaction from corporates and financial institutions alike in Brazilian supply chains,” the study said. "Commitments are critical as one of the first steps a company takes to address deforestation," Emma Thomson, one of the coauthors, told The Associated Press. “But it has to be followed by effective implementation and by monitoring suppliers and indirect suppliers for compliance with those standards. It has to have effective traceability mechanisms and transparent reporting on the progress that is — or isn´t — being made.

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