Forests
The loss of forests worldwide accounts for roughly 15 percent of global greenhouse gas emissions, and forests are critical to regulating the climate, both locally and globally. Climate change has thrust the decades-long fight against deforestation back into the international spotlight. Deforestation is an urgent problem that has wide repercussions. But forests are not merely the lungs of the earth — they are also the greatest repositories of biological and cultural diversity on earth, and home to 350 million people, including at least 60 million indigenous peoples who have protected and defended forests since time immemorial. Friends of the Earth’s International Forests program works to address the root causes of forest destruction and the marginalization of forest-dwelling communities. We do this through our campaign on Land grabs, forests & finance, and our work to challenge forest carbon offsets.
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Forests Tell BlackRock: Stop supporting environmental destruction and human rights violationsTAKE ACTION
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Forests Fight rainforest destruction!TAKE ACTION
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Forests Tell TIAA to defund deforestationTAKE ACTION
Friends of the Earth and our allies have pushed businesses and corporations to cut ties with abusive and destructive palm oil companies.
More than 40,000 Friends of the Earth members signed our petition urging Nestlé to cut ties with REPSA. And Nestlé responded.
Procter & Gamble’s shareholders that defied the company’s own recommendations, two-thirds of Procter & Gamble (P&G) shareholders voted “yes” at the company’s annual meeting on Tuesday, October 13, to pass a proposal on forest sourcing and impacts.
As rainforests across the tropics face another year of devastating fires, a new report from Friends of the Earth shows that largest U.S. asset managers, BlackRock, State Street and Vanguard – known as the Big Three – have explicitly undermined efforts by consumer brands and agribusiness companies to halt deforestation.
New York, NY - Today, BlackRock released a new investment stewardship report. In the report the world’s largest asset manager detailed how it voted during the 2020 shareholder season which was the first big test of the climate commitments it made in January…
Let’s be clear: all exploitation of resources by our industrial society depends on exploitation of the people within whose lands and territories those resources lie.
Since 2012, BlackRock has had 15 chances to vote in favor of shareholder resolutions to halt deforestation. One hundred percent of the time, it voted against action on deforestation.
As we face this crisis, there are important lessons we can learn to build the future we want to see as we recover. One of those lessons should be that transforming our relationship with the natural world may be our best bet for safeguarding our future.
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DownloadForests and Human Rights: Principles for Asset Managers
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Learn MoreDoubling Down on Deforestation
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DownloadBlackRock’s Big Deforestation Problem