Precious Woods – Sustainability is our mission
Precious Woods is one of the world’s leading companies in the sustainable management of tropical rainforests. We are certified by FSC and PEFC and we ensure environmental, social and economic sustainability across our entire value chain – from forest management to timber processing and trade.
IFRS-RR FM-160a.4
Since 2018, Precious Woods has published sustainability reports in order to enhance transparency and provide shareholders and stakeholders with a more comprehensive view. From 2025 onward, we will report in accordance with IFRS Sustainability Disclosure Standards (IFRS S1 and IFRS S2). Precious Woods manages approximately 4 % of the world’s FSC-certified tropical forest, maintaining its position as a pioneer in responsible forest management. In addition to sustainable forestry, we invest in education, occupational safety, and healthcare for employees and local communities. Partnerships with universities support research and professional training. These activities, we contribute to 12 of the 17 UN Sustainable Development Goals, particularly in the areas of biodiversity protection and community support. Precious Woods applies selective timber harvesting practices. In Gabon, for instance, no more than four trees per hectare are harvested every 25 years, ensuring natural forest regeneration. Our certified management practices are designed to prevent deforestation, preserve biodiversity and create local employment. Independent annual audits confirm compliance with certification standards. We also reduce the risk of overexploitation by managing more than 60 tropical tree species for the construction, garden and furniture industries.
IFRS S1 – 27
IFRS S1 – 44
IFRS S2 – 6
IFRS S2 – 25