Investors consider exit as EU tackles deforestation in consumer goods industry.

1 min read
Source: Reuters
Investors consider exit as EU tackles deforestation in consumer goods industry.
Photo: Reuters
TL;DR Summary

Several major investors are concerned about their exposure to deforestation as a new EU zero-tolerance law looms, with some saying they could quit consumer goods makers with "risky" supply chains. The EU agreed in December a new rule to prevent companies from selling into its market coffee, beef, soy, rubber, palm oil and other commodities linked to deforestation. Companies must prove their supply chains aren't contributing to the destruction of forests or be fined up to 4% of their turnover in an EU member state.

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