Ten leading forestry companies, managing almost 9 million hectares of forests in 27 countries worth tens of billions of euros, unite to help solve some of the world’s largest environmental challenges.
The group, known as the International Sustainable Forestry Coalition (ISFC), includes founding members Dasos Capital, F&W Forestry, Gresham House, Marubeni, Mitsui & Co., Ltd (Mitsui), New Forests, Oji Holdings Corporation, Rayonier, Stora Enso and UPM.
Olli Haltia, Chief Executive Officer of Dasos Capital, said, “Sustainably managed forests are a source for a wide range of products and services. In addition to wood, the global demand for forest-based biodiversity and carbon sequestration is rapidly growing. It is increasingly recognized that markets and market-based pricing for all forest-based ecosystem services should be developed symmetrically across the product portfolio.
Forests form an important part of natural capital. To match the environmental, economic and social challenges of a global economy, we need internationally coordinated and coherently adapted natural capital framework and standards to ensure dynamic and sustainable investment in global forest resources. We have been very pleased to join the International Forestry Coalition to enhance the development of forest-based natural capital and investment for evergreen future.”
The ISFC Position Paper can be downloaded here: https://static1.squarespace.com/static/64ed3bc9e0d7041a0ba6c51a/t/64f8fe73dfdb5f41b4f5c60c/1694039678676/ISFC_PositionPaper_0923.pdf
Media release can be downloaded here: 070923 Media Release Launch of International Sustainable Forestry Coalition
For more information about ISFC please visit http://www.isfc.world