Committed to biodiversity
Biodiversity is instrumental to maintaining healthy forest growth and ensuring the vitality of our business. That is why we are committed to climate-positive forestry and promoting biodiversity in all our operations.
We safeguard biodiversity in our own forests through the implementation of our biodiversity program. The program was established in 1998 with environmental guidelines concerning operational activities, forest conservation and collaboration projects with stakeholders. In line with the program, we have carried out numerous business and biodiversity projects.
In 2018, we introduced our new commitment with a goal of net positive impact on biodiversity in three key areas: forest management, conservation, and projects & collaboration. To enforce our commitment, we have linked the pricing mechanism of our financing to long-term biodiversity and climate targets.
Learn more here
In our operations, the most significant effects on biodiversity occur in sourcing wood for renewable alternatives to fossil-based materials. That is why we are committed to sustainable forestry, which produces high-quality wood, maintains and enhances biodiversity and water protection, and protects the recreational use of forests.
In our plantations in Uruguay, all valuable biodiversity hotspots and native species are protected. We do not convert natural forests into plantations. Instead Uruguayan plantations grow on grasslands formerly used for cattle grazing.
Learn more about our operations in Uruguay