Sustainability in the Industry

Forestry

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Impacts, Risks and Opportunities

Sustainability in Forestry

Like no other area, forestry stands for the concept of sustainability and management that is oriented towards long-term periods across generations. Forests play a central role as a carbon sink and cooling climate factor. Their use as a renewable raw material and as biomass does not only follow the principle of harvesting more than what grows back.

Forestry companies also take care of forest and biotope protection, forest planning and mixed forest afforestation as well as the regeneration of forest ecosystems. Forest owners and timber trading companies contribute to the transformation by balancing the production of timber with nature and climate protection.
In addition to future-oriented and climate-resilient forest management and the preservation of biodiversity, this also includes regular training and further education of its employees to ensure that they know and apply the latest findings and methods in the field of sustainable forestry. New digital methods for monitoring and designing forests as well as fire protection in times of climate crisis are also becoming more important.

The industry includes, for example, forestry companies, forest owners and forestry companies and raw wood trading companies. Wood processing companies are assigned to the “wood processing” sector.

Industry Materiality

Key Fields in the Industry

Nature

Climate

Value Chain

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EU NACE Classification 

Industry NACE Classes

Unsure if the industry is the right one? A comparison with the EU’s granular NACE classification provides clarity.

Included NACE classes in the industry

01.30 – Operation of tree nurseries and cultivation of plants for propagation purposes

02.40.0 – Provision of forestry and logging services

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