Submitted by H. Hutton on Thu, 02/03/2017 - 12:11
2 March 2017 – Today, the Cambridge Institute for Sustainability Leadership publishes a new report on the importance of the commercial forestry industry managing the risks and opportunities associated with natural resources.
Read the report: Resilience in commercial forestry: Doing business with nature
The report, developed in collaboration with companies in the forestry supply chain, highlights how businesses in the forestry sector impact and depend on water, biodiversity, soil and carbon. It urges these businesses to manage the risks and opportunities associated with the natural environment in order to maintain competitiveness, differentiate themselves in the market and secure long-term resilience.
The report suggests that it is possible for the sustainable management of production landscapes to simultaneously benefit natural resources and build resilience in the commercial forestry sector.
Better understanding how commercial forestry impacts and depends on natural resources will facilitate the necessary research, collaboration and action going forward.
The report cites a number of efforts and initiatives, including those spearheaded by the World Wide Fund for Nature (WWF), the Food and Agriculture Organization of the United Nations (FAO) and certification bodies, support companies in building sustainability and resilience.
The report concludes that companies have the opportunity to take the lead to measure and communicate how their investments to better manage natural resources impact on both environmental and commercial outcomes. This will help build long-term resilience in the sector.
