Asset managers and index providers urged to end ETF market's financing of deforestation

February 18, 2021 EcoVadis EN


New report from Planet Tracker warns booming ETF market is supporting soybean companies driving mass deforestation in Brazil, Indonesia, and the Democratic Republic of the Congo (DRC)

Investors engaged in the exchange traded funds (ETFs) market are indirectly and often unknowingly enabling the destruction of tropical forests, and as such the small clutch of companies that dominate ...



Read the full article at: www.businessgreen.com

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EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.

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