Iceberg Data Lab Launches Deforestation Risk Tool

Iceberg Data Lab Launches Deforestation Risk Tool

November 14, 2024
Iceberg Data Lab Launches Deforestation Risk Tool

Environmental Finance: Iceberg Data Lab (IDL) has introduced a tool that assesses deforestation risk for 3,500 listed companies involved in producing raw materials linked to deforestation, such as beef, cocoa, timber, coffee, soy, palm oil, and rubber. The tool combines country-level and ecosystem-level data to evaluate a company’s contribution to deforestation, considering certifications used by companies while assessing their reliability and traceability. If a certificate doesn’t address deforestation prevention, companies are marked down for residual risk. IDL’s tool helps asset managers assess deforestation impacts within portfolios, guiding investment decisions to favor sustainable companies. IDL plans to expand the tool to cover 8,000 listed companies in the coming year.

Related Articles

You might be interested in these articles

Get in touch!

Want to know more? Fill out the form or reach us directly via email at contact@icebergdatalab.com.

France
ICEBERG DATA LAB
87 Rue Saint-Lazare
75009 Paris
📞 +33 1 89 71 64 00
United Kingdom
ICEBERG DATA LAB
1 Fore Street Avenue
EC2Y 9DT London
📞 +44 20 4634 7956
Germany
ICEBERG DATA LAB
Platz der Einheit 2
60327 Frankfurt am Main, Frankfurt

Companies rated by Iceberg Data Lab may contact us for inquiries related to their assessment or entity information by emailing queries@icebergdatalab.com