Beef, soy, cocoa and palm oil supply chains will likely miss 2020 goals to substantially decrease deforestation, Cargill CEO Dave MacLennan wrote in an op-ed published Thursday on the Tropical Forest Alliance 2020 website.
Cargill is committing $30 million to accelerate new efforts to address deforestation, beginning with the soy industry in Brazil, MacLennan wrote. The agricultural giant was one of 150 signatories to The New York Declaration on Forests — a pledge to halve global deforestation by 2020 and end it by 2030 — signed by governments, companies, indigenous peoples and civil society organizations at the United Nations Climate Summit in 2014.
“Despite our collective efforts, industry is poised to fall short of a 2020 goal to eliminate deforestation in key supply chains, including beef, soy and palm oil. That is hard for me to admit – but it is not a reason to stop taking critical action,” MacLennan wrote, calling for Cargill and it’s competitors to work faster and more collaboratively.
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