Opportunities for FSC-certified timber
Both certification standards go far beyond the minimum requirements of legality, setting out more extensive demands in regard to environmental and social sustainability in forestry as well as an uninterrupted chain of custody. The tightening legal situation in importing countries will benefit trade in sustainably certified timber in the medium term. The total forest area under FSC certification was 195 million hectares at the end of 2018, which is greater than the area of Germany, France, Spain and Italy combined. But only about 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 7 % of the total FSC-certified tropical and subtropical forest area.
Environmental and social indicators
| 2018 | 2017 | 2016 | ||||||
|---|---|---|---|---|---|---|---|---|
| Environmental indicators | ||||||||
| Forest management | ||||||||
| Forest protection | total area in ha | 1 103 500 | 1 103 500 | 1 103 500 | ||||
| FSC share of timber production sold | in % | 100 | 100 | 100 | ||||
| PEFC share of traded timber sold | in % | 100 | 100 | 100 | ||||
| Energy consumption and emissions | ||||||||
| Reduction of CO2 emissions | in t | 54 664 | 51 596 | 53 540 | ||||
| CO2 emissions | in t CO2-equivalents | 17 800 | 16 400 | 16 100 | ||||
| Electricity consumption | in GJ | 35 900 | 31 800 | 29 500 | ||||
| Fossil fuel consumption | in GJ | 179 400 | 175 100 | 169 900 | ||||
| Social indicators | ||||||||
| Employees | ||||||||
| Number of employees (yearly average) | 1 408 | 1 340 | 1 291 | |||||
| Brazil | 524 | 499 | 480 | |||||
| Gabon | 872 | 830 | 800 | |||||
| Europe | 1 | 1 | 1 | |||||
| Corporate | 11 | 10 | 10 | |||||
| Women | in % | 10.7 | 10.6 | 10.1 | ||||
| Rate of employee turnover | in % | 2.3 | 2.5 | 2.9 | ||||
| Health and safety | ||||||||
| Accidents at work | 112 | 96 | 198 | |||||
| Accidents per 1000 employees | 80 | 72 | 153 | |||||
| Days lost per accident | 9.2 | 12.3 | 8.7 | |||||
| Fatal accidents at work | – | – | – | |||||
| Training | ||||||||
| Training hours | 1 895 | 970 | 848 | |||||
| Training hours per employee | 1.3 | 0.7 | 0.7 |