Deforestation Free Funds is a search platform that enables people to find out if their money, in the form of individual investments or an employer-provided 401(k), is exposed to companies, banks, and financiers driving deforestation around the world. Deforestation Free Funds specifically looks at companies that produce, trade, consume, or finance palm oil, rubber, soy, cattle, pulp & paper and wood products – the commodities responsible for rainforest destruction.
Deforestation Free Funds was first launched in 2016 and exclusively examined the palm oil industry – the largest industrial agricultural driver of deforestation, as well as a major cause of social conflict, human rights abuses, and the destruction of critical wildlife habitat in tropical countries. In 2019 the platform was expanded to include the other high-risk agricultural commodities – soy, cattle, rubber, timber and pulp and paper.
If it were up to you, your money wouldn’t be used to finance rainforest destruction. And now it can be up to you.
But owning investments in destructive companies isn’t just an environmental or moral question. As more people recognize that the global climate cannot afford more rainforest destruction, investments in destructive companies will carry increasing financial risks. For example, many consumer brands are making efforts to cancel business ties to palm oil producers that destroy forests and violate human rights. By bringing increased transparency to the producers, consumer brands and lenders within the chain of rainforest destruction, we hope to keep pushing this trend forward.
Deforestation Free Funds empowers investors to know exactly what they own, to see if their savings are invested in the industries driving deforestation and climate change up and down supply chains, to pressure fund managers to implement sustainable investment policies, and to find investment options that support a forest-friendly future.