Sustainable forestry in all dimensions
Selective logging is not at all equivalent to sustainable forestry. FSC- and PEFC-certified tropical forest management as practiced by Precious Woods is based on careful planning and selection of the trees to be harvested, without endangering the diversity of tree species, the stocks, or the regenerative capacity. Average logging at Precious Woods is 1 to 3 trees per hectare, depending on the country, during a cycle of 25 or 35 years. The legal foundations would permit a far higher logging quota, which would also result in lower costs. But this is not an option for Precious Woods, because we would then be unable to fulfil our environmental or social responsibility. Our activities are independently verified each year and documented by scientific studies. In this way, we demonstrate that timber can be harvested in tropical forests without negatively affecting or endangering the ecosystem. Quite the contrary: this sustainable forestry contributes to the preservation of forests that might otherwise fall victim to other forms of management. Thanks to this insight, it is possible to secure employment and generate local added value even in tropical regions.
Since 2019, Precious Woods has published a separate sustainability report, which can be found on our website. In 2022, the report will be aligned with the Global Reporting Initiative (GRI) guidelines.
At the same time, Precious Woods makes a wide range of contributions to improving local earning opportunities and ensures social added value not only through the creation of jobs, but also through targeted basic and continuing on-the-job training in Brazil and Gabon, schools, health clinics, social projects as well as other infrastructure in remote tropical forest areas. In doing so, the company makes an important contribution to economic and social development and stability in these regions. Precious Woods actively aims to improve the living conditions of its employees, their families, and the communities.
Added value in ecological terms means managing Precious Woods’ forest areas consistently with sustainable practices to preserve these renewable natural resources – including their biodiversity – also for future generations. The social and environmental engagement of Precious Woods is also described in detail in the reports on the individual business segments.
Brazil | Gabon | |||||
---|---|---|---|---|---|---|
Forest area | in ha | 493 597 | 596 800 | |||
Net forest area | in % | 76 | 92 | |||
Employees | 797 | 727 | ||||
Communities | 9 | 44 | ||||
Harvest volume per year | in m3 | 180 000 | 240 000 | |||
Harvested area per year | in ha | 12 500 | 22 000 | |||
Harvest volume per ha | in m3 | 13 | 10 | |||
Harvest cycle | in years | 35 | 25 |