Oportunity for companies to conect to PCI
With the objective of guide companies engagement in the PCI strategy, the PCI Institute with the support of the Iseal Alliance has developed in 2022 the Corporate Engagement of the PCI Strategy.
The purpose of the guide is:
For private companies sourcing commodities from the state of Mato Grosso, the PCI Strategy can provide a wide range of opportunities, such as:
Progress towards sustainable corporate goals
Many companies have goals to eliminate deforestation from their supply chains. The conservation axis aligns well with the sustainability commitments of the companies due to their goals of illegal deforestation, reduction of deforestation in the cerrado and Amazon and incentives for the conservation of forest assets.
Incentive to expand sustainable production
Companies need to expand deforestation-free production. PCI aims to expand cattle production. This will allow the reduction of risks by companies that purchase commodities from Mato Grosso.
Robust and transparent monitoring
The PCI Monitoring Committee monitors 38 indicators of 24 PCI targets annually since 2015 through the PCI Target Balance Sheet. This transparency allows companies to understand supply risks, in addition to offering a guarantee of a positive impact from the investments made in PCI.
Reducing the risks of deforestation in Mato Grosso
Due to the complexity of multinational companies' supply chains, companies have an increasing challenge in monitoring deforestation risks in their purchasing regions. PCI offers a reduced risk environment at the expense of corporate engagement coupled with public policy aligned with PCI goals.
Progress towards climate goals
PCI is the largest emissions reduction strategy ever devised by a subnational state with the potential to mitigate 6Gt of emissions by 2030. Corporate engagement in PCI can help companies along this path, in addition to other social impact benefits in family farming.
Proof of concept of a new jurisdictional leadership model
Mato Grosso is an ideal place to test a concept of jurisdictional approach. The region is the second state to have a state REDD+ law (Law No. 9878/2013) and receives funding from the REM Early Movers Program. It has a climate change law (Law nº582/2017) in addition to a carbon neutral commitment by 2030. The PCI strategy, in turn, is constituted under Decree nº26/2019.
* Founders, Advisory Board as Member of the Monitoring Commitee an Investment CommiteeClick here to acess the Engagement Guide
|Fazenda São Marcelo (AgroJacarezinho)||Leader|
|Walmart e Fundação Walmart||Leader|
|Merck Saúde Animal||Suporter|
|Companhia Vale do Araguaia||Multiplier|
|McDonalds / Arcos Dorados||Multiplier|
Companies can join the Corporate Action Group by invitation, or they can express their interest by contacting PCI or TFA.
Participating in the Group does not imply any type of commitment, but companies are requested to participate in online meetings that will be scheduled in advance.
By participating in the Corporate Action Group, companies will have:
As of 2021, the Corporate Action Group will be coordinated by TFA in partnership with the PCI Institute.
In September 2018, PCI launched the Corporate Action Group (CoAG) to provide an opportunity for companies to connect with PCI and learn about local projects and potential corporate activities that could support Mato Grosso state's strategy. We also launched the PCI Pitchbook at the Tropical Forest Alliance meeting in Bogotá, Colombia, in May 2019. In 2020, the CoAG was integrated into the PCI Investment Committee, responsible for organizing and coordinating public and private sector involvement in the new governance of the PCI Institute, including potential investments such as international funds, carbon markets, REDD+ Early Movers and World Bank investments.
By participating in the CoAG, companies will benefit from learning about and exploring opportunities for sustainable commodity sourcing and engagement in Mato Grosso. We will also provide business connections with responsible producers and/or promising regional and local projects to facilitate local partnerships that can expand good practices and support companies in meeting sustainability goals.