Asset Management Firms Pledge to Tackle Deforestation by 2025

International Investment, Kathleen Gallagher in 02/12/2021

A group of firms, which together control about US$ 1.7 trillion, have pledged to eliminate deforestation-related agricultural commodities from their investments by 2025. Actions will focus on the livestock, soy and paper industries.

In order to achieve it, the firms intend to increase their investments in sustainable practices, as well as disclose data on deforestation and risk of unsustainable investments and coordinate the preparation of public policies to combat the improper use of land.

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