Auquan's Weekly Wrap | 19th - 25th November: What you might have missed

Deforestation impacts in the the textile industry. Mining Industry impacted from Peru & Chile Strikes. Danone, Nestlé, Marfrig, Tyson, JBS among other dairy and meat producers Contributing to over 80 per cent of the EU entire methane footprint.

Auquan's Weekly Wrap | 19th - 25th November: What you might have missed
Deforestation in the Amazon. iStock.

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Textile Sector: Deforestation Impact

Rainforest clearance in SE Asia (c) Rich Carey

While some major fashion companies have made sustainability pledges, and taken some steps to produce greener blue jeans, the industry has yet to make significant strides toward sustainability, with organic cotton, for example, still only 1% of the business. Leather production is also a risk, unsustainable cattle ranching, a good deal of which is used to produce leather, is responsible for 80 percent of destruction in the Amazon rainforest.

Peru and Chile Truckers Strike

REUTERS/Ivan Alvarado//File Photo

Concerns about the rising prices of input costs, in particular diesel are being shared by unions of both Peru and Chile. Chile is the world's largest copper producer and second largest lithium producer - and miners are saying an indefinite strike by truckers is threatening supplies to operations.

Meat & Dairy Industry Climate Impact

Methane seeps from waste at a dumping zone in Belgharia, India: Jonas Gratzer/LightRocket via Getty Images

Recent research from the Institute for Agricultural and Trade Policy (IATP), has revealed the combined methane emissions of five of the largest meat corporations and ten of the largest dairy corporations are roughly 12.8 million tonnes. Contributing to over 80 per cent of the EU entire methane footprint - the companies anlaysed include Danone, Nestlé, Marfrig, Tyson, JBS among other dairy and meat producers.


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