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: Supply chain and market research

To illustrate our broad expertise, covering many different economic sectors, commodities, sustainability themes and countries, this page gives an overview of the different projects executed by Profundo over the years. In the menu, you can filter the projects by thematic area. Each project is described briefly and where available the project portfolio - such as reports, brochures or presentations - is provided. Attention is also given to the exposure generated by the project in the media, in politics and elsewhere.

When you are looking for a specific report, we recommend to go to our Portfolio page.

We analyse the financial parameters of companies and assess how companies and their financiers could be affected in different scenarios by Environmental, Social and Governance (ESG) risks related to deforestation, climate change emissions, human rights abuses, resource depletion, health impacts and other sustainability issues.
We analyse the various human rights and other sustainability risks in international commodity supply chains and identify what different stakeholders can do to foster sustainable development of value chains in agriculture, forestry, livestock, energy, fisheries and mineral sectors.
We analyse how companies are financed by banks, shareholders and others financiers, to assess what financiers could do to foster sustainable corporate practices. Also, we dig into ownership structures and the schemes companies have set up to minimise tax payments.
We assess and benchmark responsible investment and credit policies of banks and investors and we advise on how policies can be improved and implemented through screening, voting, engagement and exclusion strategies.

June 2019

June 11, 2019
Setting the bar for deforestation-free soy in Europe
This report presents a benchmark for Voluntary Standard Systems (VSS) which comply with the FEFAC Soy Sourcing Guidelines. These are guidelines drafted by the European Feed Manufacturers’ Federation as minimum criteria for the sourcing of soy, to avoid illegal deforestation and other sustainability risks.

April 2019

April 1, 2019
Belgian Arms bootcamp
Profundo researchers participated in the Belgian #EUarms bootcamp, organised by Lighthouse Reports and Bellingcat. In cooperation with Belgian journalists from Knack, Le Soir and VRT, the bootcamp investigated the sales of Belgian arms across the world, including to Saudi Arabia. The team used open-source intelligence to trace the arms in the conflict in Yemen.


April 25, 2019
Complicity in Destruction II: How Northern Consumers And Financiers Enable Bolsonaro’s Assault On The Brazilian Amazon
This report exposes the risks behind doing business with companies directly tied to illegal deforestation in Bolsonaro’s Brazil. Europe and United States-based companies and financiers were identified here have now been made aware of their roles within their supply chains and portfolios. They should swiftly act upon this information to minimize exposure to the risks they run.

October 2018

October 22, 2018
Cencosud: 35 Beef Products Link Retailer to High-Risk Amazon Slaughterhouses
Cencosud is a multi-brand retailer in South America, headquartered in Chile. The company is the fourth largest supermarket chain in Brazil, after Carrefour, GPA (Pão de Açúcar) and Walmart. Cencosud’s position in the beef supply chain may expose it to deforestation risks through the beef it sources from slaughterhouses, as cattle is a major driver of deforestation in the Brazilian Amazon.

September 2018

September 7, 2018
Cattle-driven Deforestation: A Major Risk to Brazilian Retailers
Cattle ranching in Brazil, home to the world’s second largest herd, remains a major cause of deforestation. This trend continues despite meatpackers and retailers having made commitments to deforestation-free supply chains in the last ten years. This report describes the economic role of the cattle sector in Brazil, key supply chain actors, their role in deforestation, and potential solutions to improve sustainability performance. The supply chain relationships of the top five retailers and meatpackers with Amazon plants expose the Brazilian retail sector to material risk from sourcing unsustainable beef.

June 2018

June 21, 2018
Power and Influence in the Value Chains of Dutch Retailers
The research analysed the top 5 Dutch retailers (Albert Heijn, Jumbo, Lidl, Aldi, Plus) based on a set of hypotheses regarding their power, policies, trading practices and the environment they operate in. In addition, supply chain links between Southeast Asian seafood producers and Dutch, German and UK retailers have been researched.

March 2018

March 2, 2018
Fairtrade in Asia Pacific and Sustainable Development Goals (SDGs)
This study was commissioned by the Fairtrade Network of Asia and Pacific Producers (NAPP) seeks to show how Fairtrade enables producer organizations in Asia and the Pacific to contribute towards the sustainable development goals (SDGs) in their region.

July 2017

July 7, 2017
Supply chains of Dutch retailers
This report analyzes the power and influence of Dutch retailers in their value chains, focusing especially on seafood, fruit and vegetables

Oxfam Novib

June 2017

June 19, 2017
Local supply chain of palm oil companies in Aceh and Bulungan Ecoregions
This report investigates the local supply chain of palm oil companies in the Aceh and Bulungan ecoregions in Indonesia

WWF Netherlands

April 2017

April 17, 2017
Rubber supply chains Cambodia
This report provides a supply chain analysis of natural rubber producers, particularly in Cambodia, and their links to six of the largest global tire manufacturers.

Global Witness

November 2016

November 29, 2016
The Dutch carbon footprint
This report analyzes which key commodity imports are contributing to the Dutch carbon footprint

July 2016

July 13, 2016
Palm Oil Supply Chain Research
This project researched the palm oil supply chains between plantations where labour issues were found and large consumer brands. Most of the plantations are suppliers of Wilmar International.

June 2016

June 15, 2016
Scoping study 3TG projects for PPP
Scoping study for a European Public Private Partnership on responsible mineral sourcing (tin,tungsten,tantalum and gold)
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