The report analyses disclosures of 152 companies from around the world, representing a market capitalization of over USD 3 trillion, and it has been produced on behalf of 240 investors who together represent USD 15 trillion in assets by CDP, the international NGO that drives sustainable economies. The companies were asked to disclose their exposure to deforestation risks through their use of four commodities that are responsible for most deforestation (cattle products, palm oil, timber products and soy).

“Responsibility is the core of UPM’s Biofore strategy, and that’s why knowing the fibre sources and supply chains is essential for us. With its chains of custody system, UPM ensures full traceability of the origin of wood worldwide”, says Päivi Salpakivi-Salomaa, Vice President, Environment and Responsibility, UPM. “UPM considers forest certification to be an excellent tool for promoting sustainable forestry. Today 80% of the wood used is certified and the target is to grow the percentage up to 85% by the year 2020”, Salpakivi-Salomaa tells.

The report is available on CDP’s website https://www.cdp.net/CDPResults/CDP-global-forests-report-2014.pdf.