Can Global Brands Balance Profit and Planet?

Can Global Brands Balance Profit and Planet?

Members of the Consumer Goods Forum (CGF) are trying to curb climate change ( #Consumer Goods Forum (CGF) are trying to curb climate change ) by launching the “Forest Positive Coalition of Action,” vowing to help stop the loss of forests.
The CGF is made up of 17 consumer brands, retailers, and manufacturers with a collective market value of $1.8 trillion. Members include Carrefour, Walmart, General Mills, Mars, Nestlé ( Learn more
The group says that it will fast-track efforts to remove deforestation from supply chains, and to create best practice plans for each community.
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Environmental Groups Critical
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But these efforts are already drawing criticism from environmental groups, particularly after the Paris-based CGF struggled to meet a 2020 target set a decade ago, a goal to purchase only sustainably sourced commodities ( Learn more
The commodities in question include palm oil ( Learn more
Speaking for environmental group Rainforest Action Network, senior campaigner Brihannala Morgan said the group has seen “ten years of inaction, half-measures and greenwashing ( Learn more
Deforestation of Tropical Forests
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In 2019, the rate of deforestation of tropical rainforests was equivalent to one soccer pitch’s worth every six seconds, according to Global Forest Watch.
Environmentalist groups leveled particular blame on the production of palm oil ( Learn more
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Forests Crucial for Combating Climate Change
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Environmentalists point to the role that forests play in reducing the risk of flooding and curtailing global warming by storing more carbon. They also protect biodiversity.
Jeff Conant, forests program director at Friends of the Earth US, said that agribusiness and consumer brands had been making empty promises “for a decade while continuing to profit from the destruction,” notably the wildfires and storms that have resulted from a warming world.
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CGF Cites Continued Efforts Toward Sustainability
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The CGF bills itself as a means of finding solutions to major climate- and environment-related and socially-sustainable challenges that companies cannot tackle by themselves, particularly deforestation and forced labor.
In late 2019, the group said that it had made progress on its non-binding commitment to halt deforestation by 2020, but an overemphasis on green certification had not led to sustainability becoming the norm across entire supply chains.
Mapping supply chains is difficult, particularly because of how many agricultural commodities are grown by small farmers in isolated rural areas.
Still, CGF’s representatives insist that they are continuing to do what they can.
Learning Lessons for Sustainability
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Didier Bergeret, director of social sustainability at the CGF, indicated that the forum would not set fresh deadlines for the time being. Some companies that want to make fast progress will lead, while others will join later.
"I'm not even saying it's revolutionary – rather the contrary – it's just an evolution of the way we are doing things, trying to make sure that we learned our lessons," Bergeret said.
Bergeret emphasized that the failure to meet the 2020 goal does not “prevent us from continuing to believe action is needed.” CGF hopes that the new framework will be an effective solution in “fixing what went wrong last time, while still capitalizing on what was good.”
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Consumer Goods Forum (CGF) are trying to curb climate change ( https://www.globaltimes.cn/content/1202354.shtml ): source from globaltime website

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