This aerial photo shows a deforested area of Amazonia rainforest in Labrea, Brazil in September. AFP
This aerial photo shows a deforested area of Amazonia rainforest in Labrea, Brazil in September. AFP
This aerial photo shows a deforested area of Amazonia rainforest in Labrea, Brazil in September. AFP
This aerial photo shows a deforested area of Amazonia rainforest in Labrea, Brazil in September. AFP

World's biggest fashion brands linked to deforestation in the Amazon, from Zara to Fendi


Selina Denman
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A new study of the fashion industry’s convoluted supply chains has linked a number of the world’s biggest brands to deforestation in the Amazon rainforest.

Conducted by Stand.earth, a supply chain research company, the report places a spotlight on tanneries and other companies involved in the production of leather and goods made from it in Brazil. The cattle industry is the single largest driver of deforestation in the Amazon rainforest and tropical forests globally, and Brazil has the largest cattle herd in the world, amounting to 215 million animals.

According to Stand.earth, Brazil has the largest cattle herd in the world, amounting to 215 million animals. Reuters
According to Stand.earth, Brazil has the largest cattle herd in the world, amounting to 215 million animals. Reuters

The report found that brands such as as Coach, LVMH, Prada, H&M, Zara, Adidas, Nike, New Balance, Teva, Ugg and Fendi have several connections to suppliers that are known to contribute to deforestation. For example, more than 50 brands have many supply-chain links to Brazil’s largest leather exporter, JBS, which is known to engage in deforestation. The company has recently pledged to eliminate deforestation across its global supply chain by 2035, but environmental groups have claimed this is insufficient.

While JBS is the country’s largest leather exporter, according to the report, “this problem is endemic of the entire Brazilian leather industry”. Tannery companies such as Minerva and Fuga Couros were also named as complicit.

Stand.earth analysed customs information obtained from several data providers, and cross-referenced this with data collected from numerous other sources to uncover hidden supply chains linking shoe and fashion brands to Amazon rainforest deforestation.

Their analysis does not prove a direct link between each fashion brand and Amazon deforestation. Instead, it highlights connections that increase the probability of individual garments being the result of cattle ranching in the Amazon.

Stella McCartney with Britain's Prince Charles at the Cop26 summit last month, where the designer called for a ban on the use of fur and leather. AP
Stella McCartney with Britain's Prince Charles at the Cop26 summit last month, where the designer called for a ban on the use of fur and leather. AP

Many of the fashion brands named in the report have publicly announced policies designed to distance them from companies that contribute to deforestation. The Stand.earth data suggests, however, that 22 of the 74 fashion companies identified are “potentially breaching their own policies against sourcing leather from deforestation”. The other two-thirds have no relevant policies in place at all.

At the recent COP26, the United Nations Climate Change Conference in Glasgow in the UK, ethical fashion designer Stella McCartney called for an outright ban on fur and leather across the fashion industry, highlighting its destructive qualities.

“I still don’t think many people truly understand the devastating impact that animal agriculture has on the planet,” she told The National. “Not only is it horrifically cruel, animal agriculture is behind 18 per cent of the world’s greenhouse gas emissions and is driving the deforestation of vital ecosystems like the Amazon. Leather production is also a human rights issue, poisoning tannery workers, often in developing countries.”

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The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Zakat definitions

Zakat: an Arabic word meaning ‘to cleanse’ or ‘purification’.

Nisab: the minimum amount that a Muslim must have before being obliged to pay zakat. Traditionally, the nisab threshold was 87.48 grams of gold, or 612.36 grams of silver. The monetary value of the nisab therefore varies by current prices and currencies.

Zakat Al Mal: the ‘cleansing’ of wealth, as one of the five pillars of Islam; a spiritual duty for all Muslims meeting the ‘nisab’ wealth criteria in a lunar year, to pay 2.5 per cent of their wealth in alms to the deserving and needy.

Zakat Al Fitr: a donation to charity given during Ramadan, before Eid Al Fitr, in the form of food. Every adult Muslim who possesses food in excess of the needs of themselves and their family must pay two qadahs (an old measure just over 2 kilograms) of flour, wheat, barley or rice from each person in a household, as a minimum.

Three ways to limit your social media use

Clinical psychologist, Dr Saliha Afridi at The Lighthouse Arabia suggests three easy things you can do every day to cut back on the time you spend online.

1. Put the social media app in a folder on the second or third screen of your phone so it has to remain a conscious decision to open, rather than something your fingers gravitate towards without consideration.

2. Schedule a time to use social media instead of consistently throughout the day. I recommend setting aside certain times of the day or week when you upload pictures or share information. 

3. Take a mental snapshot rather than a photo on your phone. Instead of sharing it with your social world, try to absorb the moment, connect with your feeling, experience the moment with all five of your senses. You will have a memory of that moment more vividly and for far longer than if you take a picture of it.

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Countdown to Zero exhibition will show how disease can be beaten

Countdown to Zero: Defeating Disease, an international multimedia exhibition created by the American Museum of National History in collaboration with The Carter Center, will open in Abu Dhabi a  month before Reaching the Last Mile.

Opening on October 15 and running until November 15, the free exhibition opens at The Galleria mall on Al Maryah Island, and has already been seen at the Jimmy Carter Presidential Library and Museum in Atlanta, the American Museum of Natural History in New York, and the London School of Hygiene and Tropical Medicine.

 

Thanksgiving meals to try

World Cut Steakhouse, Habtoor Palace Hotel, Dubai. On Thursday evening, head chef Diego Solis will be serving a high-end sounding four-course meal that features chestnut veloute with smoked duck breast, turkey roulade accompanied by winter vegetables and foie gras and pecan pie, cranberry compote and popcorn ice cream.

Jones the Grocer, various locations across the UAE. Jones’s take-home holiday menu delivers on the favourites: whole roast turkeys, an array of accompaniments (duck fat roast potatoes, sausages wrapped in beef bacon, honey-glazed parsnips and carrots) and more, as  well as festive food platters, canapes and both apple and pumpkin pies.

Ruth’s Chris Steakhouse, The Address Hotel, Dubai. This New Orleans-style restaurant is keen to take the stress out of entertaining, so until December 25 you can order a full seasonal meal from its Takeaway Turkey Feast menu, which features turkey, homemade gravy and a selection of sides – think green beans with almond flakes, roasted Brussels sprouts, sweet potato casserole and bread stuffing – to pick up and eat at home.

The Mattar Farm Kitchen, Dubai. From now until Christmas, Hattem Mattar and his team will be producing game- changing smoked turkeys that you can enjoy at home over the festive period.

Nolu’s, The Galleria Mall, Maryah Island Abu Dhabi. With much of the menu focused on a California inspired “farm to table” approach (with Afghani influence), it only seems right that Nolu’s will be serving their take on the Thanksgiving spread, with a brunch at the Downtown location from 12pm to 4pm on Friday.

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ICC Awards for 2021

MEN

Cricketer of the Year – Shaheen Afridi (Pakistan)

T20 Cricketer of the Year – Mohammad Rizwan (Pakistan)

ODI Cricketer of the Year – Babar Azam (Pakistan)

Test Cricketer of the Year – Joe Root (England)

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Cricketer of the Year – Smriti Mandhana (India)

ODI Cricketer of the Year – Lizelle Lee (South Africa)

T20 Cricketer of the Year – Tammy Beaumont (England)

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Updated: December 06, 2021, 8:12 AM