PR97909

NEW YORK and PARIS, Sept. 22, 2022 /PRNewswire=KYODO JBN/ --

- The Consumer Goods Forum's Forest Positive Coalition of Action, an initiative

of 21 consumer goods companies, shares progress on removing commodity-driven

deforestation from supply chains

- With increase in disclosure rates on performance metrics introduced in 2021,

Coalition members are now collectively reporting on 62% of a complete set of

Key Performance Indicators, demonstrating progress to report against and launch

additional measures of impact

- Report shows how the world's leading initiative of consumer goods companies

taking collective action on deforestation are taking individual and collective

steps to transform palm oil, soy, paper packaging, and beef supply chains and

production landscapes

The Consumer Goods Forum's

<https://www.theconsumergoodsforum.com/?utm_source=newswires&utm_medium=referral

&utm_campaign=fpc-2022-annual-report-pr> (CGF) Forest Positive Coalition of

Action

<https://www.theconsumergoodsforum.com/environmental-sustainability/forest-posit

ive?utm_source=newswires&utm_medium=referral&utm_campaign=fpc-2022-annual-report

-pr> has today released its second Annual Report

<https://www.theconsumergoodsforum.com/wp-content/uploads/2022/09/2022-CGF-FPC-A

nnual-Report.pdf?utm_source=newswires&utm_medium=referral&utm_campaign=fpc-2022-

annual-report-pr>, sharing the Coalition's progress on commitments to remove

deforestation, forest degradation, and conversion from key commodity supply

chains.

Launched during an event at New York Climate Week, the report features new data

to demonstrate collectively how all Coalition members are reporting on 62% of

the Coalition's ambitious set of Key Performance Indicators (KPIs).

As the world's leading initiative of consumer goods companies taking collective

action for a forest positive future, representing a market value of more than

USD 2 trillion, the report demonstrates the positive impact of continued

collaboration to tackle deforestation, as well as encourages businesses and

stakeholders to continue and accelerate efforts, particularly around supply

chain transparency and public disclosure, towards a forest positive future.

Highlights of this new publication, entitled "Driving Transformational Change

Throughout the Value Chain,"

<https://www.theconsumergoodsforum.com/wp-content/uploads/2022/09/2022-CGF-FPC-A

nnual-Report.pdf?utm_source=newswires&utm_medium=referral&utm_campaign=fpc-2022-

annual-report-pr> include:

- Building trust and transparency. The Coalition has advanced on its objective

to create a stronger culture of transparency in the consumer goods industry by

strengthening disclosure rates for the KPIs introduced in 2021 – a critical

part of increasing transparency and measuring progress – and also introducing

new metrics for evaluating progress across other areas of action. As a result,

all Coalition members are now collectively reporting on 62% of the total

deforestation metrics, with 10 companies reporting on at least 75% of the KPIs

across commodities. This includes a 6% increase in collective disclosure rates

between 2021 and 2022 on the original set of KPIs from 2021 for the 20

returning Coalition members.

- Evaluating performance and aligning methodologies. Coalition members have

started to share their performance reporting against important metrics such as

the percentage of their supply from high-risk/high-priority for deforestation

regions, and the performance of upstream suppliers' against the Coalition's

Forest Positive Approach. Members also share their methodologies for reporting

on each KPI, a critical step in aligning methodologies for calculating metrics

so that the Coalition can accurately evaluate members' individual and

collective performance.

- Expanding commodity focus. After its conception, the Coalition decided to

expand its commodity focus to include beef and other cattle-derived products.

The Coalition launched its first version of the Beef Roadmap earlier in 2022, a

major milestone built on collaboration and dialogue between Coalition members

and Brazilian meatpackers and civil society organisations to align and

accelerate actions in this sector which is at high-risk for deforestation and

conversion.

- Transforming production landscapes. At COP26, the Coalition launched its

ambitious strategy for transforming production landscapes to forest positive by

2030, in areas equivalent to the Coalition's collective production base

footprint. This strategy includes a learning phase to introduce the concept of

investing in production landscapes to some companies and strengthen others'

existing knowledge; it also requires all members to invest annually in

initiatives that drive people, climate, and nature positive outcomes.

- Leading collective action. The Coalition has continued to work with more than

200 stakeholder organisations from civil society, across the supply chain,

production landscapes, and multiple levels of government to build its

strategies, evaluate performance, and create the enabling environments

necessary for forest protection, conservation, and restoration. Furthermore,

the ongoing collaboration between Coalition members and other CGF Coalitions

has continued to be a source for learning, progress, and action.

The publication of today's report follows the release of the Coalition's

first-ever Annual Report in 2021, which provided a baseline analysis of

members' disclosure rates against their new, ambitious Key Performance

Indicators. The latest report includes a progress update on this initial

analysis, demonstrating increased disclosure rates against existing KPIs, and

providing a baseline measurement of disclosure rates for new KPIs.

Wai-Chan Chan, Managing Director, The Consumer Goods Forum, said, "Our

Coalition has made great progress in the past two years – developing ambitious

performance metrics, raising awareness of critical issues, and transforming

business practices – but there is still much more to do. We hope this report

will inspire continued dialogue and accelerated action around the global

challenge of deforestation, recognising both the positive steps our industry is

taking as well as the road to forest positive that still lays before us. It's

on all of us to keep going – the future of our planet depends on it."

The CGF members joining today's announcement are seven retailers — Carrefour,

Jerónimo Martins, , METRO AG, Sainsbury's, Sodexo, Tesco and Walmart — and 14

manufacturers — Asia Pulp and Paper (APP) Sinar Mas, Colgate-Palmolive Company,

Danone, Essity, General Mills, Grupo Bimbo, Mars, Incorporated, Mondel&#275;z

International, Neste, Nestlé, Procter & Gamble, PepsiCo, Reckitt, and Unilever.

The Coalition is supported by its strategic and technical partners, Proforest

and the Tropical Forest Alliance.

Grant F. Reid, CEO and Office of the President, Mars, Incorporated, the

Coalition's manufacturer CEO Co-sponsor, said, "Creating a forest positive

future means completely transforming how we do business at every step of the

value chain, from CEOs to smallholder farmers. Transparency and accountability

are key to this transformational change and this latest report reflects both

progress made and gaps to fill.  Delivery against key metrics will require

engagement from everyone that is a part of that value chain."

The full publication is available to view here

<https://www.theconsumergoodsforum.com/wp-content/uploads/2022/09/2022-CGF-FPC-A

nnual-Report.pdf?utm_source=newswires&utm_medium=referral&utm_campaign=fpc-2022-

annual-report-pr>. For more information, visit: www.tcgfforestpositive.com.

About the Forest Positive Coalition

The Consumer Goods Forum (CGF) Forest Positive Coalition of Action is a CEO-led

initiative representing 21 CGF member companies who are committed to leveraging

collective action and accelerating systemic efforts to remove deforestation,

forest degradation and conversion from key commodity supply chains. Launched in

2020, the Coalition represents a dynamic shift in the industry's approach to

stopping deforestation: by mobilising the leading position of member companies

to build multi-stakeholder partnerships and develop effective implementation

and engagement strategies, the Coalition brings together diverse stakeholders

for sustainable impact. These efforts support the development of

forest-positive businesses that drive transformational change in key landscapes

and commodity supply chains, strengthening the resilience of communities and

ecosystems worldwide. To learn more about the Forest Positive Coalition, visit

www.tcgfforestpositive.com.

About The Consumer Goods Forum

The Consumer Goods Forum ("CGF") is a global, parity-based industry network

that is driven by its members to encourage the global adoption of practices and

standards that serves the consumer goods industry worldwide. It brings together

the CEOs and senior management of some 400 retailers, manufacturers, service

providers, and other stakeholders across 70 countries, and it reflects the

diversity of the industry in geography, size, product category and format. Its

member companies have combined sales of EUR 4.6 trillion and directly employ

nearly 10 million people, with a further 90 million related jobs estimated

along the value chain. It is governed by its Board of Directors, which

comprises more than 55 manufacturer and retailer CEOs. For more information,

please visit: www.theconsumergoodsforum.com.

Logo -

https://mma.prnewswire.com/media/1279200/The_Consumer_Goods_Forum_Logo.jpg

Source: The Consumer Goods Forum