Our commitment to biodiversity strengthens basis for bioeconomy
Forest-based industries have a significant role in promoting sustainable development. Well-managed forests play an essential role in carbon and water cycles, as well as preserving and enhancing biodiversity.
Targeting to net positive impact on biodiversity
As a first forest company, we are committed to achieving net positive impact on biodiversity. We want to further develop modern forestry and create methods for biodiversity measurement, tailored for the forest sector. Our project is a collaborative initiative. We want to invite our expert stakeholders from academic world, authorities and NGOs to work together with us. This new biodiversity target is included to our 2030 responsibility targets.
Enhancing biodiversity is one of the strategic fundamentals of our modern forestry. By keeping forests full of life, forest growth and other ecosystem services such as carbon sequestration, water purification and non-timber forest production can be safeguarded. Well-functioning and diverse forest ecosystems are healthy, productive and able to adapt to changing conditions. This makes biodiversity the basis for all forest bioeconomy.
We have had our biodiversity program in place for over 20 years. We have a long-term background with positive development in terms of key biodiversity indicators. With our new commitment we take the next step in our biodiversity strategy and continue our work in developing sustainable forestry practices. We aim at creating methodology to further monitor, analyze and report biodiversity impacts of our forestry together with expert stakeholders.
Key elements of biodiversity
Based on comparison and gap analysis between natural and commercial forests, we have identified key elements that are important for biodiversity preservation in boreal semi-natural forests. We have created practices for each of these elements to support the diversity of forest ecosystems. These actions are part of our daily operations.
Native tree species
Together with our expert stakeholders, we are running several research and development projects to promote biodiversity in commercially managed forests. We have a number of ongoing biodiversity and restoration projects. Active dialogue with NGOs, researchers, authorities and forest owners is the basis for our development actions.
Continuous cover forestry
Vast majority of forest biodiversity can be maintained and enhanced with sustainable forestry practices. Even so, there are a number of specialized species that need a stable habitat with minimum disturbance. For these needs, in total over 135,000 hectares of our forests areas are set aside for conservation purposes. Protected areas vary from habitats covering a fraction of a hectare to larger conservation areas covering a wide range of different habitats. The total number of set-asides is Finland is 38,000 and they cover 85,000 hectares. We promote voluntary nature conservation both in company-owned and private forests.
Voluntary forest protection
Nature conservation area networks
Our 2030 responsibility targets
In order to guide our responsibility activities, we have established a corporate level set of responsibility focus areas with targets and key performance indicators. Focus areas and targets are reviewed and monitored based on a materiality analysis. Our target setting covers economic, social and environmental dimensions.
Forests and biodiversity are one of the focus areas for us. Our goal is to ensure sustainable land use and keeping forests full of life by using advanced forest certification schemes, knowing the origin of wood fibre and developing best modern and responsible forest management practices. Our new biodiversity target will be included in our 2030 responsibility targets.