2020 commodity sourcing goals? These tools can help with supply chain traceability

Amidst rising deforestation rates, many companies have committed to eliminating deforestation from key commodity supply chains. As of June 2018, 473 companies globally committed to curbing deforestation in supply chains linked to palm oil, soy, timber and pulp, and cattle.

Many of these companies have set 2020 goals, and are doubling down efforts to meet these goals as the deadline fast approaches. Companies now find themselves in a position in which they know where they want to go, but do not always know how to get there.

Identifying deforestation risks in supply chains by using monitoring and traceability tools is one key step to achieving corporate goals related to fighting deforestation. Being able to monitor full supply chains, from the production of raw materials to retail or consumption, will enable companies to locate and address deforestation risks. Read more

New tactics to meet 2020 deforestation goals

Over the last 15 years, an impressive number of companies have set ambitious forest targets in their supply chains. As of September 2017, more than 470 companies in the food and agriculture sector have pledged to eliminate deforestation from their supply chains. The Consumer Goods Forum – a group of 400 global companies with over $3.1 trillion in assets – for example, pledged to achieve zero net deforestation by 2020.

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