PRECIOUS WOODS AND THE SUSTAINABLE IMPACT
Sustainability as corporate principle for Precious Woods
Since the founding of Precious Woods sustainability is at the core of her corporate philosophy. Sustainability means the creation of added value in economic, ecological and social terms – for investors, employees, business partners and other stakeholders.
The responsibility for the sustainable tasks is with the Board of Directors of Precious Woods Holding Ltd. in Switzerland. It defines the targets and actions to fulfil and guarantee the highest sustainability standards in the group. The BoD has an advisory committee from specialists coming from universities, NGOs and other organizations.
The added value should be long term and benefiting also future generations. With tropical forestry Precious Woods has taken on one of the biggest sustainability challenges for human kind.
The total forest area under FSC certification was 195 million hectares at the end of 2017, which is greater than the area of Germany, France, Spain and Italy combined. But only 10% of that area covers tropical and subtropical forests, which means they are still highly underrepresented in terms of FSC certification. Precious Woods manages about 6 % of the total FSC certified natural tropical forest area.
Key figures of our forest operations:
|Forest area||in ha||506 699||596 800|
|Net forest area||in %||78||92|
|Harvest volume per year||in m3||140 000||240 000|
|Harvested area per year||in ha||11 700||22 000|
|Harvest volume per ha||in m3||12||11|
|Harvest cycle||in years||35||25|
|PEFC / PAFC certified||since||2017||2017|
With our activities we contribute to many of the Sustainable Development Goals defined by the United Nations.
What is our resulting impact?
Our contribution to permanent forest protection:
330 000 000 tC
Fauna / Flora
1) Source: Studies of Universities in Brazil and Schwitzerland, 2) average, 3) Source: WWF
Our triple bottom line impact makes the difference!