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PoultryWorld - Pressure grows on Brazil to scrap deforestation bill


PoultryWorld
Pressure grows on Brazil to scrap deforestation bill
Leading European poultry firms threaten to boycott Brazilian agricultural commodities if Brazil’s Congress passes a bill leading to more deforestation.
Moy Park and Cranswick plc have joined supermarkets such as Tesco, Marks and Spencer, Aldi, and the Co-op, as well as investors such as Norway’s largest pension company KLP, in signing an open letter on the protection of the Amazon rain forest. Similar legislation was withdrawn in May 2020 after a boycott threat from many of the same companies.
Leading European poultry firms threaten to boycott Brazilian agricultural commodities if Brazil’s Congress passes a bill leading to more deforestation. Photo: Henk Riswick ....

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Tesco to launch sustainability linked finance scheme for suppliers


Tesco to launch sustainability linked finance scheme for suppliers
Tesco is set to become the first UK retailer to offer its supply base sustainability-linked supply chain finance, in a move it hopes will encourage more suppliers to sign up to science-based emissions reduction targets.
The supermarket giant will provide preferential financing rates for suppliers that address their environmental impacts, under a new initiative that is supported by Anthesis, KPMG and Santander.
The voluntary program, which has been in development for 18 months, is due to launch in September.
Suppliers enrolled in the program will provide annual greenhouse gas emissions data which will be verified by sustainability consultants Anthesis. KPMG will carry out assurance of the initiative. ....

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