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Risk Score
5.9
Risk Profile
Lower Risk
Conflict State
No
Import Regulation
Yes
Latest Updates Click for latest news from Switzerland
April 10, 2024
Greenpeace Report:

A new Greenpeace report, Nature Crime Files – Romania – Greenpeace International, followed the traces to the suppliers of furniture companies, such as  IKEA. By closely examining the entire supply chain, from logging sites to wood depots, including scrutinising transport permits with geolocation attributes, and visiting processing facilities Greenpeace CEE found old-growth or other high conservation value destruction linked to at least seven different IKEA suppliers in Romania. Investigations identified at least 30 IKEA products, and some of IKEA’s well-known furniture, originating from these producers, raising a concern that wood from old-growth forests could ultimately end up in homes all over Europe and beyond.

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March 8, 2024
DEFORESTATION: AS MUCH A FINANCIAL CRIME AS AN ESG ISSUE

According to Global Canopy, US$6.1 trillion in funding was provided to the 350 companies with the greatest risk exposures to tropical deforestation by some 150 financial institutions in 2023.

 

Through this exposure, land conversion presents numerous supply-chain risks to firms, namely:

  • The reputational risks posed by adverse media (exacerbated further if linked to any human-rights abuses in the context of land conversion).
  • The legal risks represented by increasing regulatory and legislative pressures on companies and financial institutions to prevent deforestation.
  • The physical risks present, given that most bank-financed businesses and commercial services ultimately depend on natural capital and resources directly or through their supply chains. Aggressive consumption of resources reduces their availability in the long term, undermining sustainable development and creating economic instability. Indeed, the World Economic Forum (WEF) has estimated that at least 50 percent of global GDP is reliant on nature and warned that the impacts of climate change would significantly destabilise global trade.
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September 1, 2022
Greenpeace: Swiss pension funds complicit in deforestation

The report, published on Thursday, estimates that Swiss pension funds contribute around CHF60 billion ($61 billion) to companies that are heavily involved in the destruction of tropical forests in South America, Africa and Asia.

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Key Resources
Click here for a collection of Forest Trends publications related to IDAT Risk, including the full set of Timber Legality Risk Country Dashboards.
Methodology
Click here to download the Methodology which includes information on data sources, the methodology used to create risk indicators, and a glossary of key terms.
Data Tools

Click here to access the Global Illegal Logging and Associated Trade (ILAT) Risk assessment tool and to download the Forest Trends User Guide describing the functionality of the ILAT Risk Data Tool.

Click here to access the Cattle Data Tool.

Export Restrictions
Click here to download a database of forest policy export restrictions.