Faced with investor pressure, food service provider Aramark (ARMK) announced on January 23, 2019, that it plans to put into effect a no-deforestation commitment by 2025. As a result, Green Century Capital Management withdrew its shareholder resolution it had filed with Aramark. Aramark's commitment will likely reduce reputational and financial risks for the company.
The company, headquartered in Philadelphia, says it will implement a No Deforestation, No Peat, No Exploitation (NDPE) policy throughout its global supply chain. Its first action will include an assessment of its supply chain this year in all markets where it