Forest 500, ‘the world’s first rainforest rating agency’, is a project of the Global Canopy Programme. In 2018, it published its fourth annual rating. It ranks 350 of the biggest companies in forest-risk supply chains and the 150 biggest investors in these companies.
Tropical rainforests cover 7% of the earth, but contain 50% of global biodiversity. Their ecosystems regulate global water systems and the climate, and they directly support the livelihoods of over a billion people. The social and economic benefits of these services are estimated to be in the trillions.
Over two thirds of tropical deforestation is driven by the production of a handful of commodities including; palm oil, soya, timber, paper and pulp, beef, and leather. These commodities are in products we use every day and are present in more than 50% of the packaged products in our
Companies and financial institutions have been assessed and ranked in respect to their policies addressing potential deforestation embedded in forest-risk commodity supply chains. The report stated that "the Forest 500 methodology was updated in 2018 to better distinguish between companies who have set commitments, and those that have taken the next step towards implementation. This new methodology has meant that many companies have received lower scores this year."
The Forest 500 ranking and analysis will be repeated annually until 2020, to help inform, enable and track progress towards deforestation free supply chains.
Each company was rated from 0-5, across five categories:
Danone was one of the 350 companies rated in the 2018 report.
It received an overall score of 3. Its scores in each category were as follows:
Intent and awareness 5 out of 5
Commodity policies 3 out of 5
Scope and ambition 4 out of 5
Reporting and implementation 3 out of 5
Social Considerations 2 out 5
The company had signed up to the following collective commitments:
New York Declaration on Forests signatory
Consumer Goods Forum member
It lost half a mark under Habitats and Resources.