Thursday, 26 Nov 2020 08:25 PM MYT
The non-profit CDP said it surveyed 125 firms that are producing, sourcing or using Indonesian palm oil, and respondents collectively reported as much as US$10 billion in potential financial impacts from reputational and market risks. “Brand damage is the greatest financial risk, with a potential financial impact totalling US$4.2 billion,” CDP, formerly known as the Carbon Disclosure Project, said in the study released late yesterday.
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