The neglected risk: Why deforestation risk should matter to Chinese financial institutions
Chinese financial institutions have little awareness about the risks of deforestation in the soy supply chain, according to a report released from the nonprofit disclosure platform CDP. China imports more than 60 percent of the world’s soy, meaning that the country could play a major role in halting deforestation and slowing climate change if companies and banks focus on stopping deforestation to grow the crop.
