Submitted by H. Hutton on Mon, 08/08/2016 - 10:15
August 2016 – Today, the Cambridge Institute for Sustainability Leadership publishes a new report, supported by Mondi Group and Saint-Gobain Building Distribution UK and Ireland, on the importance of the commercial forestry industry considering natural resources in its decision-making.
Read the report.
The report identifies the business implications for commercial forestry associated with natural resources and investigates the impacts of management practices on water, biodiversity, soil and carbon. The report includes case studies from the businesses within the industry and points to opportunities for securing competitiveness, market differentiation and long-term resilience. The report stresses the need for private sector leaders to better understand natural resource risks and opportunities. It concludes that resilience in commercial forestry is built on decision-making that considers natural resources and is based on rigorous impact assessments as well as on informed supply chain conversations.
Raising awareness, improving understanding and enhancing communication are important steps to helping businesses better consider natural resources in decision-making. Nevertheless, moving forward to ensure resilience in commercial forestry requires leadership to promote action, research and collaboration.
Peter Gardiner, Natural Resources Manager, Mondi Group said:
“We must prioritise efforts to safeguard the natural capital that our fibre production depends upon to secure access and availability to fibre from sustainably managed forests. The way business responds to natural resource risks and leads the way for action, research and collaboration will define future resilience.”
