Comments, standards used, and links to the annual reports
- We have prepared this sustainability report for the period from January 1st to December 31st, 2025, to inform our shareholders and stakeholders about sustainability at Precious Woods. For the first time the report complies with the International Sustainability Disclosure Standards (IFRS Sustainability Disclosure Standards) as issued by the International Sustainability Standards Board (ISSB).
- Besides IFRS S1 and IFRS S2 climate-related disclosures, the industry-based Guidance in implementing climate-related disclosures IFRS S2 – Volume 2 – Building Products & Furnishings, and Volume 41 – Forestry Management have been deemed material for this report. Volume 32 – Electric Utilities & Power Generators has been deemed partially material for this report. The following indicators of Volume 32 are not relevant to our operation and are therefore, not included: IFRS S2 – IF-EU – 420a.2 and a.3, 540a.1 and a.2, 550a.1 and a2, 000.C and 000.E
- We define the time horizons as follows: short-term – up to one year; mid-term – one to five years; and long-term – more than five years.
- We do not communicate data on forest inventories as these data are confidential for competitive reasons.
- If the metrics used differ from those required under IFRS, an explanation is provided.
- The requirements of several IFRS ISSB indicators are reported in other parts of the annual report. To avoid duplication, they are not repeated in the sustainability reporting.
IFRS S2 – 29 (a) i
CO2 account
Scope 1
14 047
Scope 2
58
Scope 3
15 762