Deforestation Action Tracker

In 2023, Global Canopy assessed over 700 financial institutions in GFANZ and Race to Zero on the strength and implementation of their policies on deforestation, conversion, and associated human rights abuses.

Financial institutions have been assessed on their policies on cattle products (beef and leather), timber products (timber and pulp and paper), soy, and palm oil, in a comprehensive update to the 2022 baseline review.

The 2023 assessments started on 22 May 2023 and ended on 31 August 2023. Only information which was publicly available on the financial institutions’ websites during the review period were considered for the 2023 Deforestation Action Tracker assessments.

This year, the Deforestation Action Tracker methodology is aligned with the 2023 Forest 500 financial institution assessment methodology and with the best practice defined by the Finance Sector Roadmap (which is aligned with and endorsed by the Accountability Framework initiative).

This year we shared the Deforestation Action Tracker assessments with financial institutions prior to the launch of the dataset in November 2023.

If you have any questions, please contact [email protected].

All of the data collected as part of the 2023 Deforestation Action Tracker is publicly available to download here.

For each assessment, the assessment team collected a quote from the financial institution’s website, alongside the link to the relevant page(s), and any relevant extra details that are available. All of this information is included in the data download.

You can find the 2023 methodology here.

Please get in touch at [email protected] if you have any questions.