CGF Forest Positive Coalition of Action: Palm Oil Roadmap Version 1.0
The Consumer Goods Forum (CGF) has created the Forest Positive Coalition of Action, led by 20 companies with a collective market value of US$1.8 trillion, to leverage collective action and accelerate systemic efforts to remove deforestation, forest degradation and conversion from key commodity supply chains, while supporting sustainable forest management, conservation and restoration. The Coalition believes that its collective reach will enable members to make progress on four goals:
(1) Accelerate efforts to remove commodity-driven deforestation from individual supply chains.
(2) Set higher expectations for traders to act across their entire supply base.
(3) Drive transformational change in key commodity landscapes.
(4) Define measurable outcomes on which all members agree to track and report individually and collectively
The Palm Oil Roadmap lays out the specific commitments, actions and KPIs that the group will implement to drive change, recognising equal responsibility but different activities for direct soy buyers and users of embedded soy. Element 4 of the Palm Oil Roadmap highlights the Coalition’s commitment to engage in palm oil production landscapes. Building on the progress made by other initiatives in the palm oil sector, the Coalition will focus on actions where members’ collaboration can add the most value towards a forest positive sector.