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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