FSC certification for Forest Enterprises

Wednesday 15 Jun 2022

 
Forest Enterprises achieves FSC certification for investments - Forest Enterprises has achieved Forest Stewardship Council® (FSC® C168647) responsible forest management and chain-of-custody certification for 19 forests the company manages on behalf of its retail investors. These are the first registered managed investment schemes in New Zealand to be FSC certified.

FSC is an international NGO that promotes environmentally appropriate, socially beneficial, and economically viable management of the world’s forests. The distinctive FSC logo can be recognised on products like paper, packaging and furniture.

Such certification provides assurance to consumers and wood processors that the timber they are buying is sourced from sustainably managed forests.

“Achieving FSC certification is validation that our forest management practices meet the highest international standards”, says Forest Enterprises CEO Bert Hughes. “We know how important this is to our investors.”

The investment forests which have FSC certification are Blairlogie, Blairlogie North, Cleland, Ngahape, Rata Hills, Ratahuia, Te Hau and Te Puhi (Wairarapa); and Glenwood, Goodwood, Hokoroa, Hokoroa North, Homewood, Longwood, Majestic Pine, Millwood, Ormond, Te Karaka and Te Karaka North (Gisborne).

A further 26 investment forests are scheduled to be evaluated for certification later this year.

Hughes explains that FSC certification is particularly important for harvesting forests.

“To maximise harvest returns for our investors, as manager we need to ensure that the forest produces a diverse range of log grades to suit a range of export and domestic customers. FSC certification helps us maintain access to domestic sawmill customers that increasingly prefer logs from certified forests.”

FSC forest management standards enhance New Zealand’s national environmental standards for plantation forestry particularly around rare threatened and endangered species and riparian margins.

Most of the 19 certified forests have designated reserve areas of ecological value, a combined area of over 480 hectares.

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