Working to end deforestation: We do not deforest anywhere, but instead, ensure that wherever wood is harvested, the areas are replanted with seedlings or through natural regeneration. Our portfolio has a net growth estimate of 0.5 million cubic metres per year.
Investing in afforestation: We plant trees to create new forests on land that did not previously have forests on it, such as land that is less suitable for highly productive crop farming. We’ve already invested €100m and planted seedlings to grow these new forests in the Baltics, the US and Aotearoa New Zealand as a long-term investment.
Renewable and recycled materials: We believe we need to focus more on renewable virgin materials and also shift to recycled materials, wherever possible. By investing in forests, we are not only creating more carbon storage, but also helping to create a bigger market for more sustainable wood materials.