Financial Sector Engagement | Forest Footprint Disclosure

"As a responsible company, we value good relations with suppliers and want to work with suppliers who acknowledge the need to focus on sustainability." Annette Hansen, Danisco
"FFD provides a useful forum for us to share our experience and our aim is to have 100% third party certified sustainable materials in our supply chain as soon as they are available." Pekka Tuovinen, Neste Oil
"L’Oreal recognises opportunities within our sector associated with sourcing and marketing sustainably sourced materials." Francis Quinn, L’Oreal
"As an industry leader, IOI Group has targeted to have all growing areas under its control RSPO certified by the end of 2011." Donald C. Grubba, IOI Group
"We welcome the FFD project as an important step on the path to reducing deforestation and hope that our experience is useful to other companies." Lauren Orme, Marks and Spencer
"Gaining and maintaining market share by providing eco-labelled products is an opportunity that we recognise, FFD participation provides a welcome opportunity for us to share our values." Peter Gardiner, Mondi
"I don’t see this as an exercise to showcase the good and criticise the bad, instead it’s an opportunity to help companies reduce their forest footprint." Jonathon Counsell, British Airways
"Deforestation has been losing us an estimated US$ 2-5 trillion of welfare benefits every year." Pavan Sukhdev, TEEB/Deutsche Bank
"Our participation in this project will help guide internal efforts to create transparency in our supply chain." Frank Henke, adidas Group
"Climate change and sustainability issues represent an important growth area for our business and we are keen to engage with other FFD participants." Mark Gough, Reed Elsevier
"We actively support the role of FFD in improving transparency of company progress at all levels in the supply chain and in advancing sustainable practices." Freddie Woolfe, Hermes Equity Ownership Services
"We have always managed Sainsbury’s forest footprint through working with suppliers and industry experts." Judith Batchelar, Sainsbury's
"Carrefour Brazil, within the framework of the ABRAS, has called for credible third party audits to ensure beef products are not from deforested areas of the Amazon." Paul Rowsome, Carrefour Group
"Weyerhaeuser's reputation depends on managing its forests sustainably and otherwise purchasing wood from responsible sources." Cassie Phillips, Weyerhaeuser
"We are committed to procuring biomass on a sustainable basis. Completing the FFD questionnaire has helped us to think more broadly about our procurement policy impacts." Nigel Burdett, Drax Power

About us

Deep engagement wth the financial sector has been facilitated by an active collaboration with the UNEP Finance Initiative, a public-private partnership between the United Nations Environment Programme and the global financial sector. UNEP FI works closely with over 170 financial institutions, which includes banks, insurers, asset managers, and pension funds to develop and promote linkages between the environment, sustainability and financial performance.

43 financial institutions with over $4 trillion in collective assets under management have already put their names to a letter requesting disclosure of companies’ forest footprints.

Please contact Christoph Harwood for more information concerning the FFD Project's financial sector engagement.