Why financial institutions have $2.7tn of exposure to deforestation

This week: Global Canopy’s Sarah Rogerson and Emma Thomson discuss the latest Forest 500 report, which highlights the lack of deforestation policies at financial institutions and the lack of consistency of approach across commodities for many sourcing companies. They discuss the need for a due diligence approach to deforestation for business, and what the legislation that can help looks like.

Plus: BlackRock letter to CEOs calls for climate action; Ikea’s new 2030 forest positive agenda; and, how a circular economy can mitigate 39% of annual emissions, in the news digest.

Host: Ian Welsh