New: Pivotal Year—WRI’s 2015 Annual Report

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corporate sustainability

WASHINGTON (June 8, 2016)— World Resources Institute finds that analyzing the forests and plantations near palm oil mills can help identify deforestation risk and prevent it. Launched today on Global Forest Watch Commodities, the new PALM Risk Tool will help companies meet their zero deforestation commitments by providing much-needed transparency into the sustainability of the palm oil they buy. WRI conducted an initial analysis of nearly 800 palm oil mills across the world and classified individual mills as having high, medium or low risk of being associated with deforestation. A pilot exercise with Unilever identified 29 high risk mills which, although they represent a relatively small part of their supply chain, will nonetheless be critical for the company’s efforts to reduce deforestation. The analysis is a first indication of the potential risks, to enable Unilever to conduct further in-depth verification, help them prioritize engagement with these mills and work with them to adopt more sustainable practices in order to reduce and prevent deforestation.

A press teleconference on Thursday, May 12 will introduce the Renewable Energy Buyers Alliance (REBA), which aims to help facilitate and deploy 60 GW of new corporate renewable energy capacity by 2025. Energy experts from Facebook, Invenergy, Microsoft and World Resources Institute will discuss the problems companies face and how Renewable Energy Buyers Alliance will help scale up renewables on the grid.

A disappointing experience in forest conservation laid the groundwork for marketing expert Daniel Vennard to lead WRI's Better Buying Lab. The initiative will bring together leading food service companies, manufacturers and restaurant chains to shift consumers towards more environmentally friendly plant-based proteins.

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