Commodities: trader´s roadmap is not consistent enough

novembro, 07 2022

The document is not enough to move the needle of deforestation, conversion of native ecosystems, human rights and of global climate change
By WWF-Brazil

Companies who together represent a dominant share of the global forest and ecosystem-risk commodities´ trade published this Monday (7th) a Roadmap for “enhanced supply chain action consistent with a 1.5 degrees Celsius pathway”. This Roadmap potentially could move the needle of global deforestation, conversion, and of global climate change. However, the document presented today is not consistent to enhance supply-chain action to deep and urgent supply-chain transformation as we need.

The document was built under Tropical Forest Alliance facilitation, housed by World Economic Forum, and was signed by ADM, AMAGGI, BUNGE, Cargill, COFCO International, GOLDEN Agri-Resources, JBS S.A, Louis Dreyus Company B.V, MARFRIG, OLAM International, VITERRA and WILMAR International. Globally traded forest and ecosystem-risk commodities, such as soy, cattle, leather, palm oil, cocoa, and rubber are by far the most significant contributors to these emissions through deforestation and ecosystem destruction.

The Trader’s Roadmap is not ambitious enough to decrease deforestation and conversion of natural ecosystems until its total elimination, in due time for reaching the 1,5 degrees Celsius pathway. Companies should bring total levels of habitat destruction to zero urgently, considering an explicit target date and a cutoff date no later than 2020, critical to any meaningful commitment on deforestation/conversion and respecting all previously set sectoral agreements.

Mauricio Voivodic, executive director of WWF-Brazil:
"This roadmap presents some advances as companies are finally recognizing that they need to eliminate the destruction of ecosystems from supply chains. However, it’s still frustrating that ecosystems like Cerrado are not yet fully and consistently considered in the presented commitments of the soy and cattle sectors.
The absence of a clear cut-off date and of targets to eliminate conversion from the soy supply chain locks the sector in a trajectory of high carbon emissions and continuing loss of carbon emissions. Science demonstrates that deforestation and conversion must be urgently eliminated from the commodities supply chains to decrease global GHG emissions sufficiently and reach the 1.5- target."