Due diligence towards Deforestation-Free Finance: Guidance for financial institutions

Event

12th April 2023

Join our webinar launch of new due diligence guidance from Global Canopy, Neural Alpha and SEI provides a how-to guide for financial institutions looking to mitigate deforestation risks.

Deforestation poses a systemic risk to ecosystems, people and the global economy – and the finance sector is key to the production and trade of commodities that drive nature loss.

Deforestation-Free Finance brings together practical guidance developed by a broad range of partners to support financial institutions to eliminate deforestation, conversion, and associated human rights abuses from their financial portfolios.

On 25 April, new due diligence guidance for financial institutions, developed jointly by Global Canopy, Neural Alpha and the Stockholm Environment Institute will be published on the Deforestation-Free Finance site.

Due diligence guidance webinar invite card

The how-to guide sets out a recommended approach for conducting due diligence to identify, prevent and mitigate risks and impacts of deforestation, conversion and associated human rights abuses.

At the webinar, experts discussed:

  • What the new due diligence guidance is and how it links to other guidance and resources
  • A dive into location-based data and how it can be used
  • The experience of Santander in engaging companies to address deforestation risks

Speakers:

  • Silvia Chicarino, Environmental and Social Risk Superintendent, Santander
  • Ben Levett, Lead ESG Researcher, Neural Alpha
  • Pei Chi Wong, Senior Research Associate, Global Canopy
  • Moderated by Bruno Bischoff, Head of ESG Risk Advisory, Ecofact.

Rewatch the recording of the webinar in English or Brazilian Portuguese.