Companies are realising the need to act on deforestation. Despite COVID-19, 2020 saw a 27% increase in companies disclosing on how they are managing deforestation and 93% of companies we analyzed are taking at least one industry-accepted action to safeguard forests. However, the latest report shows that this action is too slow and ambition is too low - it sets out a clear pathway for companies to follow and how they can measure their progress along it.