ENVIRONMENT

One of the key impacts of our work is on environment – conserving it, reviving it and prevention of natural resources from degradation. Through efficient repurposing, reusing and recycling, it has wide ranging impact on circular economic model.

Over the past 20 years we have created a system that has resulted in unparalleled engagement on environmental issues nationwide. Deforestation presents real business risks. Take meaningful action with Lovedale to reduce your impact and protect both the planet and your bottom line.

Between 2001 to 2015 over72 millions hectares of forests were lost to make way for the production of seven commodities

A decade of private sector commitments has failed to eliminate commodity-driven deforestation. The goal to eliminate deforestation from production of agricultural commodities by 2020 has not been met. However, there are pioneers leading the market transformation. 81 companies achieved more than eight KPIs, demonstrating high levels of traceability, certification, engagement, restoration and compliance with no-deforestation commitments.

Corporate action on deforestation is becoming the norm. In 2020, 93% of companies have taken at least one industry-accepted measure to safeguard forests. In some commodities, progress is strong – in others it is lacking. More companies are demonstrating progress towards eliminating palm oil-related deforestation, even outperforming companies in timber product supply chains. Companies operating in the cattle products market and soy supply chains continue to trail behind.

The cost of inaction is greater than the cost of action. In total, the financial impact of risks from deforestation was estimated at US$53.1billion9 while the cost of responding to all risks was just over US$6.6 billion10. Ambition and collaboration is lacking. Too few suitable targets have been set by companies and not enough businesses are participating in collaborative measures to successfully transition to a forest-positive future. Companies must step up to protect forests, end biodiversity loss and tackle climate change.

Planting one lakh trees every year in sub-urban and rural habitats.