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About this data:
The Examination worked in partnership with the investigative consultant agency DataDesk to obtain the dataset from the London Stock Exchange Group, which covered loan payments that were flagged as SLLs between the years 2018 and 2023.

We connected these loan payments with key industries that are directly contributing to global warming and deforestation: fossil fuels, food and agriculture, which is the second largest contributor togreenhouse gas emissions behind fossil fuels, as well as mining and timber. The analysis also included companies in the Forest 500, an index of companies with the greatest exposure to tropical deforestation developed by the nonprofit transparency group Global Canopy. To classify companies within these industry groups, we identified subcategories within LSEG data using the “Major Industry Group Description” for each company, and then matched those subcategories with taxonomy from the U.S. Occupational Safety and Health Administration. The findings do not suggest that each individual company contributes to climate change, but they all lie within an industry that does.
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Read the full methodology and learn more about this dataset
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Read the full investigation, reported in partnership with Mississippi Today and Toronto Star. This project was supported by the Pulitzer Center’s Rainforest Investigations Network.
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