Reporting and disclosure


By frequently reporting progress, companies can send a clear signal to buyers and financial institutions that they are effectively implementing their deforestation commitments. The process of quantifying progress can also raise awareness of the issue internally, and help focus attention on continuous improvement in business practices. Reporting can be through a company’s annual report and website or through platforms that help to standardise the information being reported.

Best practice

  • The company reports publicly on its progress to achieving policies, including against milestones laid out in their policy. The company reporting includes: percentage of commodities verified as being free of environmental and social impacts, total emissions including scope 3, and percentage of suppliers that are compliant with procurement standards.
  • The company reports progress frequently, at a minimum once per year.
  • The company reports progress for all subsidiaries involved in the procurement or production of soft commodities.
  • The company reports all active and historical social conflicts and complaints.

Potential engagement questions

  • Does the company have a reporting framework with indicators that enable progress to be monitored? If so, how often are the indicators reported against and is this report made publicly available?
  • Does the company disclose all the subsidiaries that it owns or partially owns that produce or consume forest-risk commodities?
  • Does the company report active social conflicts or complaints registered against them, including land, labour, and human rights disputes?