We have identified over 100 issuers, with nearly $1.3trn of debt outstanding, that have high to critical exposure to one or more of the commodities that are driving deforestation. This group will be subject to ongoing analysis by the AFII as part of our efforts to highlight sustainability-related financial risks to bond holders.
The Deforestation Debt Universe is built on data from trusted sources Forest IQ, Forest 500, and ZSL SPOTT. The issuers covered are significantly exposed to deforestation risk through the commodities soy, palm oil, beef, leather, timber, and pulp & paper.
These companies may present unwanted risks to investors. Deforestation exposure comes with credit, regulatory, and reputational risk implications that could adversely affect companies and influence the pricing of their issued securities. By highlighting those companies most exposed to these risks, we hope to support investors and provide opportunities for effective engagement.
