The Forest Footprint Disclosure Project (FFD) will launch its latest annual review at the Institute of Chartered Accountants in London on January 27.

The initiative enables companies to demonstrate their commitment to sustainable sourcing of a range of “forest risk commodities”. These include timber, palm oil, beef and soya. Signatories have to answer a range of questions about their procurement policy and ensure that it meets a range of sustainability and transparency criteria set by the FFD. If they pass muster, they are then listed in the latter’s report and on its website.

Among the first companies to participate were Weyerhaeuser, Travis Perkins and Marks & Spencer.

FFD director Tracey Campbell said that there has been a “big increase” in the number of timber companies participating in the initiative over the last year.