Forico.
Environmental Account.
Environmental Account ID: AU00054
Location: Tasmania
Purpose: Measure the condition of native vegetation to communicate and inform
sustainable land management decision.
Current land use: Conservation and Biodiversity Management
Environment type: Multiple- Ben Lomond, Central Highlands, Flinders, King,
Northern Midlands, Northern Slopes, South East, Southern Ranges, West
Area: 71,663 ha
Assets: Native Vegetation
Method: AfN-METHOD-NV-11
Certification Passport.
About the account.
Forico’s aim is to make every hectare count. They do this by using the best genetics available for replanting new plantations, utilising the best silviculture available, and moving further towards a precision forestry model that aims to get the best productivity from each site.
This Environmental Account has been developed to document and better understand the condition of environmental asset, native vegetation, across Forico’s natural forest areas which are managed for their conservation and biodiversity values. Informing sustainable land management practices and providing robust metrics for communicating the environmental condition to various stakeholders and the general public, this Environmental Account will be ongoing to measure the change in condition through time.
Account location.
Asset Accounts.
Annual certification compliance & material disclosures.
18 November 2024
No significant event or material change in land use was reported or identified.
About Forico.
Forico’s Purpose: We are custodians of the natural environment, entrusted to use our natural resources for the betterment of future generations and to preserve and create value for our investors.
Forico is Tasmania’s largest private forest and land manager, engaged on behalf of the investors of The Tasmanian Forest Trust, managing more than 174,000 hectares of landscape in Tasmania. The Estate consists of almost 90,000 hectares of globally certified plantation managed for sustainable wood fibre production, and more than 70,000 hectares of natural forest areas which are not harvested for commercial purposes but are managed for their conservation and biodiversity values. We strongly believe forest products can make a positive contribution to the mitigation of climate change and the transition to a circular economy to replace carbon-intensive industries with a fully renewable resource.
