Publication:
Profitability and sustainability in responsible forestry: Economic impacts of FSC certification on forest operators

dc.contributor.authorBreukink, G.
dc.contributor.authorLevin, J.
dc.contributor.authorMo, K.
dc.date.accessioned2022-01-23T18:58:52Z
dc.date.available2022-01-23T18:58:52Z
dc.identifier.urihttps://open.fsc.org/handle/resource/1122
dc.titleProfitability and sustainability in responsible forestry: Economic impacts of FSC certification on forest operatorsen
dcterms.bibliographicCitationBreukink, G., Levin, J., Mo, K., Profitability and sustainability in responsible forestry: Economic impacts of FSC certification on forest operators, Gland, WWF, 2015en
dcterms.issued2015
dcterms.languageen
dcterms.publisherWorld Wide Fund for Nature
dcterms.typeReport
dspace.entity.typePublication
fsc.subjectAudits and assurance
fsc.subjectFinance
fsc.subjectRisk mitigation / management
fsc.subjectSupply chain benefits
is.contributor.memberForest Stewardship Council
is.coverage.countryCameroon
is.coverage.countryColombia
is.coverage.countryIndonesia
is.coverage.countryMalaysia
is.coverage.countryPeru
is.coverage.countryPortugal
is.coverage.countryRussian Federation
is.coverage.geographicLevelCountry
is.coverage.latitude-9.15280381
is.coverage.latitude61.98052209
is.coverage.latitude5.69109849
is.coverage.latitude39.59550671
is.coverage.latitude3.91383431
is.coverage.latitude3.78986846
is.coverage.latitude-2.21505456
is.coverage.longitude-74.38242685
is.coverage.longitude96.68656112
is.coverage.longitude12.73964156
is.coverage.longitude-8.50104361
is.coverage.longitude-73.08114582
is.coverage.longitude109.6976228
is.coverage.longitude117.2401137
is.coverage.regionAfrica
is.coverage.regionAsia
is.coverage.regionEurope
is.coverage.regionSouth America
is.evaluation.dataSourceIndependent researcher data
is.evidenceResourceTypePrimary
is.evidenceSubTypeEmpirical study - no control, data collected before and after intervention
is.evidenceSubTypeSynthesis products
is.evidenceSummaryThis study seeks to advance knowledge about the impact of FSC certification on a company's "bottom line" through primary research on 11 forestry entities operating across four continents. More than 500 original data points are analysed to assess upfront investments, annual costs, annual benefits, and the overall net present value (NPV) of the decision to pursue FSC certification. Financial data was collected primarily through in-person interviews with company management at head offices and in the field, as well as through a review of financial reports, audit reports and other supporting documents. For the forest operations evaluated, the financial benefits of FSC tend to outweigh the costs, albeit with high company-by-company variance, and special consideration required for high conservation value (HCV) set-asides and intangible benefits. On average, the companies earned an extra US$1.80 for every cubic metre of FSC certified roundwood or equivalent, over and above any new costs, due to price premiums, increased efficiency, and other financial incentives. The research can aid forest operators, as well as their financiers and donors, analyze individual projects, thereby facilitating more efficient allocation of resources.
is.evidenceTypeBriefing or opinion
is.evidenceTypeEmpirical study
is.focus.sdgSDG 1 - No Poverty
is.focus.sdgSDG 8 - Decent Work and Economic Growth
is.focus.sdgSDG 12 - Responsible Production and Consumption
is.focus.sdgSDG 15 - Life on Land
is.focus.sectorsForestry
is.focus.sustainDimensionEconomic
is.focus.sustainDimensionEnvironmental
is.focus.sustainDimensionSocial
is.focus.sustainIssueForests and other ecosystems
is.focus.sustainIssueParticipant costs and benefits
is.focus.sustainLensAudits and assurance
is.focus.sustainLensFinance
is.focus.sustainLensRisk mitigation / management
is.focus.sustainLensSupply chain benefits
is.focus.sustainOutcomeCost of inputs
is.focus.sustainOutcomeMarket access
is.focus.sustainOutcomePrice premiums
is.focus.sustainOutcomeProduct income
is.focus.systemElementMandE outcomes and impacts
is.focus.systemElementMandE performance monitoring
is.identifier.codeImpacts
is.identifier.doihttp://dx.doi.org/10.34800/fsc-international487
is.identifier.schemeNameForest Stewardship Council
is.identifier.schemeTypeVoluntary Sustainability Standards
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