PRIVATE SECTOR ROLE
- Provide transparent and timely information regarding companies' supply chains so that the sustainability of their products can be understood and verified.
- Contribute to operationalizing the definitions and indicators developed by the AFi and monitoring and assessment community in annual reporting.
- Provide trusted information to investors and finance institutions to assist them in making decisions to stop loaning to bad actors and support good actors.
- Industry uses a common reporting framework for stakeholders to compare information and hold companies to account.
ROLE OF OTHER ACTORS
- Broad monitoring, reporting and assessment community continues its work to align definitions and indicators to provide more coherent guidance to companies.
- NYDF Assessment Partners provide assessments of progress with a focus on trends in private sector impact on deforestation resulting from commodity supply chains.
- Improve accountability and impact of crop certification systems to boost company and consumer confidence.
- Governments and companies help scale and secure the viability of transparency platforms in the long-term through funding, engagement, data sharing, and collaboration.
- Through support of the CGF Coalition of Action (COA), assist in facilitating integration of the Accountability Framework and other monitoring and accountability approaches into the COA roadmap.
- Leverage the TFA Annual Meeting as a forum to share monitoring and accountability information with the broader community.
- Continue contributions towards building a more robust community of practice across leading monitoring, transparency, and accountability initiatives.
- Civil society NGOs play a key role in advising companies on acceptable best practices and analyzing connections between trends in deforestation and company actions and independent monitoring of corporate commitments to deforestation free commodity supply chains.
- The existence of multiple, often competing, measurement, monitoring and reporting platforms makes it difficult for companies to compare and track their impacts on land and people.
- Information-sharing among NGOs and companies facilitates improved corporate actions and community uptake of successful practices and interventions.
- Enhanced capacity exists to understand/monitor what is happening on-the-ground and in supply chains but ways to ground-truth the data are missing; alignment efforts are underway, yet remaining monitoring initiatives and systems compete and cause confusion.
- The Accountability Framework developed a common set of principles, definitions, best practices and guidance that is supported by a broad coalition of NGOs.
- The NYDF Assessment Partnership annually assesses progress against the NYDF goals, which demonstrate the gap between making and meeting commitments.
- Current levels of reporting and transparency by companies are extremely diverse and incomplete, making it very hard to integrate and compare.
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