DEFORESTATION: AS MUCH A FINANCIAL CRIME AS AN ESG ISSUE

Reported by Olivia Dakeyne, Associate Director of Insight, Themis According to Global Canopy, US$6.1 trillion in funding was provided to the 350 companies with the greatest risk exposures to tropical deforestation by some 150 financial institutions in 2023. This is bad news for the financial sector—and the world at large—since deforestation is responsible for a […]