The initiative is also back by the Consumer Goods Forum (CGF), the organisation that represents the world’s leading 800 CEOs of food retail and food manufacturing businesses. Ignacio Gavilan, Environmental Sustainability Director at the CGF will address delegates at the IEC London Business Conference in April, addressing why this is such an important issue for the global egg industry.
Deforestation is still happening, and at an alarming rate. Although the Amazon region is less affected by soy cultivation, areas such as the Cerrado, Atlantic Forest, Gran Chaco are still vulnerable to high rates of deforestation. Soy is the commodity with the largest share (40% – Henders et al. 2015) of deforestation embedded in exports compared to production. In the EU, soy accounts for almost half (47%) of imported deforestation.
The Cerrado, is a global biodiversity hotspot that is also critical for carbon storage and rainfall, and thus Brazil’s agricultural productivity, but is suffering high rates of deforestation and native vegetation loss. The companies’ response was to sign a Statement of Support (SoS) committing them to work with local and international stakeholders to halt deforestation and native vegetation loss in the Cerrado. Since October, they have been engaging more widely and on 25th January announced a near tripling of the number of signatories to 62 companies.
This larger group of companies, all who use Brazilian soy or cattle in their supply chain, have signed the SoS with an immediate priority to develop a roadmap and implementation plan to deliver on their aims and objectives.