8 Ways to Look at Deforestation Risk
“Forests are the lungs of our land, purifying the air,” wrote Franklin D. Roosevelt. Looking at the economic side, what does the loss of forests mean to global markets? “Deforestation is a risk to the supply chain,” said Gabriel Thoumi, Director Capital Markets at Climate Advisers. “It puts billions of dollars at risk.” He was the first of four presenters at the May 4, 2017, webinar sponsored by the Global Association of Risk Professionals. He began with a summary of the activities of Chain Reaction Research, a group which has been actively assessing the sustainability of the supply chains of […]
Environmental Risk: 5 Lessons Learned
“Deforestation causes severe environmental damage,” said Hilde Jervan, chief advisor of the Council of Ethics of the Government Pension Fund Global (GPFG) of Norway. The scale of deforestation of tropical forests is large, and it is occurring within areas that are ecologically important, thereby aggravating the loss of biodiversity. The GPFG has strong ethical guidelines passed by the Norwegian Parliament in 2004. Jervan discussed these in light of the actual example of tropical deforestation. She was the second of four presenters at the May 4, 2017, webinar on Supply Chain Risk due to Deforestation sponsored by the Global Association of […]