

Protecting forests
We are committed to protecting forests and working towards sourcing only from verified deforestation and conversion free areas.
Deforestation contributes to climate change, biodiversity loss, and the disruption of ecosystems. It’s vital we play our part in protecting nature in at-risk landscapes.
The bigger picture
7.6 billion
1/3
tonnes of CO2e absorbed by forests annually.1
The world has lost one-third of its forest – an area twice the size of the United States.2
Our approach to protecting forests
We have a responsibility to play our part in protecting forests. We’re doing this through the choices we make when we source products, by working with industry and by supporting initiatives that tackle deforestation. We’re prioritising the forest risk commodities that are most closely linked to deforestation around the world – soy, palm oil, timber, cattle products, coffee, cocoa and natural rubber. Protecting forests is a vital part of the "Protecting nature" pillar of our Planet Plan.

Financial incentives for farmers
We invested in the trial phase of the Responsible Commodities Facility (RCF), a new system of financial incentives for farmers in Brazil who commit to deforestation and conversion-free soy cultivation. The original US$11m RCF, co-funded by Tesco and other UK retailers and which has since grown, is providing low interest loans to Brazilian farms producing verified deforestation and conversion free (vDCF) soy, with the capital raised through dollar-denominated green bonds. We’ve already seen strong demand for funding and the RCF is now in its fourth year, having secured further funding from several financial institutions.