Forests program

Deforestation accounts for approximately 10-15% of the world’s greenhouse gas emissions, equivalent to the entire transport sector.

The main driver of deforestation globally is land use change for agriculture. CDP's forests program acts on behalf of 298 signatory investors with US$19 trillion in assets who wish to understand how companies are addressing their exposure to deforestation risks.


Freddie Wolfe
We press companies to make strong commitments to tackle deforestation, eliminating unsustainable forestry practices from their supply chains, and report on progress through CDP’s forests program.

Freddie Woolfe,
Associate Director – Corporate Engagement,
Hermes Investment Management

Information is collected through the lens of the four agricultural commodities responsible for most deforestation:


Responding to the CDP forest program's information request or self-selecting to submit a response adds value to your business in the following ways: 

Investor communication

Demonstrate to investors your proactive approach towards addressing deforestation risk.

Stakeholder communication

Increase your transparency and effectively communicate to your stakeholders.

Internal risk management

Improve the resilience of your supply chain.


Seize the opportunities associated with sourcing sustainable commodities.


Understand your performance and progress.

Staying ahead of the curve

Keep up to date on global commodity challenges.


Join a focal point for collaboration and information exchange.

Find out more…

Participate in CDP’s 2015 information request or
Sign up to become an investor signatory of the forests program


CDP’s forests program was first pioneered by the Global Canopy Programme ( which remains a prime funder for the program and acts as the principal advisor on forests and forest risk commodities to CDP.

CDP forests report launch 2013

Paul Simpson meets HRH Prince of Wales

HRH The Prince of Wales and Paul Simpson (CEO) attending a meeting on Tropical Forests & the Private Sector at which the CDP Global Forests Report 2013 was launched.


Guidance for responding companies
A wide range of support tools are available on our guidance page.

Contact us
For all further information and enquiries, please contact




February: Forests information request sent to target companies
30 June: Deadline for companies to respond to the questionnaire
October/November: Public forests program response data is published on our website


News and events

Upcoming events and webinars

Businesses unaware of deforestation supply chain risks

More news



Forests program investors and signatories

3Sisters Sustainable Management LLC
Active Earth Investment Management
Addenda Capital Inc.
Advanced Investment Partners
Alcyone Finance
Align Impact LLC
Alliance Trust
AMF Pension
Amundi AM
Antera Gestão de Recursos S.A.
Arabesque Asset Management
Arisaig Partners Asia Pte Ltd
Arjuna Capital
Atlantic Asset Management Pty Ltd
Australian Ethical Investment
Avaron Asset Management
Aviva Investors
Aviva plc
AXA Group
AXA Investment Managers
BAE Systems Pension Funds Investment Management Ltd
Baillie Gifford & Co.
Banco da Amazônia S.A.
Banco do Brasil Previdência
Banesprev – Fundo Banespa de Seguridade Social
Bank Vontobel AG
Banque Degroof
Banque Libano-Française
Basellandschaftliche Kantonalbank
BASF Sociedade de Previdência Complementar
Blom Bank SAL
Blumenthal Foundation
Boston Common Asset Management, LLC
Breckenridge Capital Advisors
British Airways Pension Investment Management Limited
BSW Wealth Partners
CAI Corporate Assets International AG
Caixa Econômica Federal
Caixa Geral de Depósitos
California State Teachers' Retirement System
Calouste Gulbenkian Foundation
Calvert Investment Management, Inc.
Cathay Financial Holding Co. Ltf.
Catholic Super
CCLA Investment Management Ltd
Cedrus Asset Management
Central Finance Board of the Methodist Church
Christian Brothers Investment Services
Christian Super
Christopher Reynolds Foundation
Church Commissioners for England
Church of England
Church of England Pensions Board
Clean Yield Asset Management
ClearBridge Investments
Climate Change Capital Group Ltd
CM-CIC Asset Management
Commonwealth Superannuation Corporation (CSC)
Compton Foundation
Confluence Capital Management LLC
Connecticut Retirement Plans and Trust Funds
Conser Invest
Crayna Capital, LLC.
Credit Agricole
CTBC Financial Holding Co., Ltd.
Cultura Bank
Cyrte Investments B.V.
Dana Investment Advisors
Delta Lloyd Asset Management
Development Bank of Japan Inc.
Dexia Asset Management
Domini Social Investments LLC
Doughty Hanson & Co.
East Capital AB
EBG Capital
Ecclesiastical Investment Management Ltd.
EEA Group Ltd
Ekobanken medlemsbank (cooperative bank)
Element Investment Managers
Elo Mutual Pension Insurance Company
Environment Agency Active Pension fund
Environmental Investment Services Asia Limited
Erik Penser Fondkommission
Erste Asset Management
Ethos Foundation
Etica Sgr
Evangelical Lutheran Church in Canada Pension Plan for Clergy and Lay Workers
Evangelical Lutheran Foundation of Eastern Canada
Evangelisch-Luth. Kirche in Bayern
F&C Investments
Federal Finance
Fédéris Gestion d'Actifs
Finance S.A.
Financiere de l'Echiquier
FIPECq - Fundação de Previdência Complementar dos Empregados e Servidores da FINEP, do IPEA, do CNPq
First Affirmative Financial Network
First Commercial Bank
First State Super
Fondo Pensione Gruppo Intesa Sanpaolo - FAPA
FRANKFURT-TRUST Investment-Gesellschaft mbH
Friends Fiduciary Corporation
Futuregrowth Asset Management
GameChange Capital LLC
General Equity Group AG
Generation Investment Management
Genus Capital Management
German Equity Trust AG
Global Forestry Capital SARL
Globalance Bank Ltd
GOOD GROWTH INSTITUT für globale Vermögensentwicklung mbH
Good Super
Government Employees Pension Fund (“GEPF”), Republic of South Africa
Greater Manchester Pension Fund
Green Alpha Advisors
Green Century Capital Management
Green Science Partners
Grupo Santander Brasil
Hannon Armstrong Sustainable Infrastructure Capital, Inc
Harbour Asset Management
Hazel Capital LLP
Henderson Global Investors
Hermes Fund Managers - BUT Hermes EOS for Carbon Action
Iguana Investimentos
Ilmarinen Mutual Pension Insurance Company
Impax Asset Management
Inflection Point Capital Management
Insight Investment
Instituto Infraero de Seguridade Social - INFRAPREV
Integre Wealth Management of Raymond James
Invesco Perpetual Uk Smaller Companies Trust
Investec Asset Management
Jantz Management LLC
Jessie Smith Noyes Foundation
Johnson Private Wealth Management
Kagiso Asset Management
Kaiser Ritter Partner Privatbank AG
Kepler Cheuvreux
Kleinwort Benson Investors
KPA Pension
Laird Norton Family Foundation
Legal and General Investment Management
LGT Group Foundation
Local Authority Pension Fund Forum
Local Government Super
LocalTapiola Asset Management Ltd
London Pensions Fund Authority
Ludgate Investments Limited
Maine Public Employees Retirement System
Making Dreams a Reality Financial Planning
Marc J. Lane Investment Management, Inc.
Martin Currie Investment Management
Maryknoll Sisters
Matrix Asset Management
Mediobanca S.p.A.
Mellon Capital
Mendesprev Sociedade Previdenciária
Merck Family Fund
Mercy Investment Services, Inc.
Merseyside Pension Fund
Miller/Howard Investments, Inc.
Mistra, The Swedish Foundation for Strategic Environmental Research
Momentum Manager of Managers (Pty) Ltd
Monega Kapitalanlagegesellschaft mbH
Mongeral Aegon Seguros e Previdência S/A
Montanaro Asset Management Limited
National Australia Bank Limited
National Employment Savings Trust (NEST)
National Grid UK Pension Scheme
National Pensions Reserve Fund of Ireland
Natural Investments LLC
NEI Investments
Nelson Capital Management, LLC
Neuberger Berman
New Amsterdam Partners LLC
New Forests
New Resource Bank
New York State Common Retirement Fund
Newground Social Investment
Norges Bank Investment Management
Northern Ireland Local Government Officers' Superannuation Committee (NILGOSC)
NorthStar Asset Management, Inc
Northward Capital Pty Ltd
Notenstein Privatbank AG
Oceana Investimentos ACVM Ltda
OceanRock Investments
Office of the Vermont State Treasurer
Oliver Rothschild Corporate Advisors
Oppenheim & Co. Limited
Opplysningsvesenets fond (The Norwegian Church Endowment)
Overlook Investments Limited
PAI Partners
Park Foundation
Parnassus Investments
Pax World Funds
PCJ Investment Counsel Ltd.
Pensioenfonds Vervoer
PGGM Vermogensbeheer

Pictet Asset Management SA
Plato Investment Management
Polden-Puckham Charitable Foundation
Portfolio 21
Previnorte - Fundação de Previdência Complementar
Progressive Asset Management, Inc.
Psagot Investment House Ltd
Rathbones / Rathbone Greenbank Investments
Real Grandeza Fundação de Previdência e Assistência Social
Representative Body of the Church in Wales
Reynders McVeigh Capital Management
River Twice Capital Advisors, LLC
RobecoSAM AG
Rockefeller Asset Management, Sustainability & Impact Investing Group
Rothschild & Cie Gestion Group
Royal London Asset Management
RPMI Railpen Investments
Ruffer LLP
Russell Investments
Samsung Fire & Marine Insurance Co.,Ltd.,
Santander Brasil Asset Management
Sarasin & Cie AG
Sarasin & Partners
Servite Friars
Shinkin Asset Management Co., Ltd
Sisters of St Francis of Philadelphia
Sisters of St. Dominic
Smith Pierce, LLC
Sociedade de Previdencia Complementar da Dataprev - Prevdata
Società reale mutua di assicurazioni
Solaris Investment Management Limited
Sompo Japan Nipponkoa Holdings, Inc
Sonen Capital
Soprise! Impact Fund
SPF Beheer bv
Spring Water Asset Management
Sprucegrove Investment Management Ltd
Standard Life Investments
Standish Mellon Asset Management
Storebrand ASA
Strathclyde Pension Fund
Sustainable Development Capital
Sustainable Insight Capital Management
Svenska kyrkan
Svenska kyrkans pensionskassa
Swift Foundation
Sycomore Asset Management
Symphonia sgr
Tasplan Super
TD Asset Management (TD Asset Management Inc. and TDAM USA Inc.)
TD Securities (USA) LLC
Telstra Super
Terra Alpha Investments LLC
Terra Global Capital, LLC
The Bullitt Foundation
The Children's Investment Fund Management (UK) LLP
The Colorado College
The Co-operative Asset Management
The Council of Lutheran Churches
The Daly Foundation
The Environmental Investment Partnership LLP
The Joseph Rowntree Charitable Trust
The Nathan Cummings Foundation
The New School
The Russell Family Foundation
The Sustainability Group at the Loring, Wolcott & Coolidge Office
The University of Edinburgh Endowment Fund
Threadneedle Asset Management
Trillium Asset Management, LLC
Triodos Investment Management
Tri-State Coalition for Responsible Investment
Trusteam Finance
UBS Global Asset Management
Union Investment Privatfonds GmbH
UNISON Staff Pension Scheme
Unity College
University of California
University of Massachusetts Foundation
Veris Wealth Partners
Veritas Pension Insurance
Vinva Investment Management
Vision Super Pty Ltd
Walden Asset Management
West Midlands Pension Fund
Westfield Capital Management Company, LP
WHEB Asset Management
Zevin Asset Management, LLC
Zürcher Kantonalbank



CDP’s forests program has been made possible by funding from the UK Government Department for International Development, via the Global Canopy Programme and the JMG Foundation.

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