Blake Lapthorn green breakfast with James Hulse, Director of the Forest Footprint Disclosure

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Blake Lapthorn were pleased to welcome James Hulse, Director of the Forest Footprint Disclosure project, to its green breakfast on 7 December at Oxford.

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Blake Lapthorn green breakfast with James Hulse, Director of the Forest Footprint Disclosure

  1. 1. Forest Footprint DisclosureTHE FOREST FOOTPRINT DISCLOSURE PROJECT James Hulse Director FFDGeneral Presentation Autumn 2009
  2. 2. What is Forest Footprint Disclosure? A special project of the Global Canopy Programme, based in Oxford Charitably funded Started in 2008, just completing our third year of operations
  3. 3. What do we do? The problem: deforestation The causes: cattle, timber, palm oil, soya The solution: reduce demand
  4. 4. How do we do it?69 endorsing asset owners & managers, inc Legal &General, AXA, Aviva, Schroders: $7 trillion of assetsWe send a questionnaire to 360 companies asking them todisclose their policies on these commoditiesCompanies chosen for their use of these commodities andtheir importance in the supply chain
  5. 5. Pride and Prejudice Emerging markets looking for wealth creation Selling off natural capital for short term gain Who pays to keep natural capital?
  6. 6. Sense and Sustainability Certification schemes for commodities to ensure traceability and sustainability Business case: reputational risk, operational risks & opportunities, security of supply Legislative drivers: Lacey Act, FLEGT, Dutch ban on non-certified palm oil from 2015
  7. 7. Persuasion DOJ Raids Gibson Guitars looking for Illegal Wood
  8. 8. 87 Participating Companies
  9. 9. Participant feedback• ‘Disclosing to the FFD presents an obvious way for BA to demonstrate its commitment to tackling environmental issues. It also serves to enhance the airline’s corporate reputation among an increasingly environmentally aware customer base’ – British Airways• ‘[FFD] has prompted increased scrutiny of [our] suppliers and given a clearer picture of how forestry is impacting [our] peers and competitors’ – Mondi• ‘Completing the FFD questionnaire has helped us to think more broadly about our procurement policy impacts.’ – Drax• ‘Our participation in this project will help guide internal efforts to create transparency in our supply chain.’ – Adidas Group
  10. 10. We thank the Institutions below for their financial support: CLUA The Waterloo Foundation The Esmee Fairbairn Foundation The Rufford Maurice Laing FoundationDepartment for International Development (DfID)

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