How committed are soy traders to a conversion-free soy industry?
Given their influence in sourcing, processing, and trading soy, these companies can and must play a critical role in transforming the industry to be free of deforestation, conversion of natural ecosystems, and human rights abuses. This means collectively raising the ambition of commitments with strong implementation plans, and increasing transparency on progress made over time.
The Soy Traders Scorecard highlights progress and gaps in the industry’s transition towards halting conversion and human rights abuse. It provides a transparent way for soy users along feed and food chains, financial institutions, and policymakers to assess their exposure to risk and demand ambitious action from trading companies within and beyond their supply chains.
The Soy Traders Scorecard provides a valuable tool for all soy trading companies to identify opportunities for improvement in their own policies, operations, and reporting processes. It enables benchmarking against peers and the ability to demonstrate progress over time.METHODOLOGY