Posts Tagged ‘no-deforestation commitment’

Green Century Endorses the California Deforestation Free Procurement Act

Tropical forest

Green Century is proud to endorse the California Deforestation Free Procurement Act (AB 572), which would require all companies contracting with California to demonstrate “deforestation-free” supply chains for any products – such as palm oil, soy, cattle, rubber, paper or pulp, and timber – linked to deforestation.

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Is ESG Hot Air Contributing to Climate Change?

Elephant in Borneo tropical forest

It was only a matter of time. As more and more financial institutions claim to be green or responsible or sustainable, eventually someone was going to ask them to prove it.

Recently, eight U.S. senators did just that. The senators sent letters to the heads of eleven investment firms, asking how they managed the environmental, social, and governance (ESG) risks related to tropical deforestation.

Green Century applauds these senators for asking appropriate questions about firms’ deforestation-linked investments. It’s equally important that individual investors start asking tough questions, too.

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