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  • Overall approach
    6/10
    • Overarching commitment on deforestation
      4/4
      Overall commitment
      Conversion-free/zero-gross conversion/zero-net conversion commitment or a zero deforestation/deforestation-free commitment that explicitly includes all other natural ecosystems
      4/4
      "Commitment to archive deforestation- and conversion-free production and procurement for the whole supply chain"
    • Signatory to an initiative tackling deforestation
      0/1
    • Awareness of the value of forests
      1/1
      Awareness
      Yes
      1/1
      "In the forests of Precious Woods, the fauna and flora live in their original habitat thanks to gentle and sustainable management. Hundreds of tree species share the forest in Gabon with large populations of various protected large mammals such as elephants, gorillas, and chimpanzees. [...] HCV areas have a very high level of biodiversity, in which large populations of indigenous animal species live or which constitute rare and fragile ecosystems. HCV areas also include zones that are important for the local population, for example as a source of food. If places have a religious or social significance or are part of the national or international heritage, they are likewise protected integrally as HCV areas. In our forests in Brazil and Gabon, 70 300 ha have been identified as HCV areas and excluded from use."
    • Deforestation as a business risk
      0/1
    • High-level management of deforestion
      1/1
      High-level management
      Yes
      1/1
      How often does the committee or board meet to assess company's progress on addressing deforestation-related issues?: regular basis

      Which commodities does it apply to?: Timber
      "The responsibility for ensuring and further developing sustainability lies with the Board of Directors. The Board of Directors is supported by experts for individual cases and by the Sounding Board on a regular basis. The Sounding Board discusses new developments with Precious Woods in regard to the sustainable management of tropical forests and supports the company in its relati ons with local and internati onal stakeholders and professional organizati ons. Topics include recommendati ons for reporti ng by Precious Woods as well as the fulfi lment of sustainability goals in their economic, environmental, and social dimensions."
    • Executive compensation linked to deforestation
    • Target to reduce emissions from land-use change
      0/1
    • Reporting on emissions from land-use change
      0/1
    • Disclosure of conservation activity
    • Disclosure of reforestation activity
    • Target to reduce emissions in scope 1/2
  • Commodity score
    53/90
    • Timber
      53/90
      • Commitment Strength
        17/17
        • Commodity-specific deforestation commitment
          10/9.5
          • Commitment details
            Zero-gross conversion
            6/6
            Commodity-specific deforestation commitment
            Zero-gross conversion
            6/6
            Which certification schemes are used?: FSC

            When was this commitment set?: 2019
            "Commitment to archive deforestation- and conversion-free production and procurement for the whole supply chain [...] FSC does not accept deforestation and conversion. For all own operations and our FSC certified supply we thus commit automatically to deforestation- and conversion-free production. PEFC does accept small-scale conversion of maximal 5% of the certified area only if it “makes a contribution to long-term conservation, economic, and social benefits”14 . To avoid timber originating from deforested or conversed lands in our supply chain, we commit to only source PEFC certified products if they origin form countries where deforestation and conversion is not tolerated by the law and where the legislation is enforced reliably. Today, we only source PEFC certified products from middle Europe."
          • Commitment applies to all regions, suppliers and operation
            Yes
            2/2
            Commitment applies to all regions, suppliers and operation
            Yes
            2/2
            "Commitment to archive deforestation- and conversion-free production and procurement for the whole supply chain [...] FSC does not accept deforestation and conversion. For all own operations and our FSC certified supply we thus commit automatically to deforestation- and conversion-free production. PEFC does accept small-scale conversion of maximal 5% of the certified area only if it “makes a contribution to long-term conservation, economic, and social benefits”14 . To avoid timber originating from deforested or conversed lands in our supply chain, we commit to only source PEFC certified products if they origin form countries where deforestation and conversion is not tolerated by the law and where the legislation is enforced reliably. Today, we only source PEFC certified products from middle Europe."
          • Target date
            Current/achieved
            1/1
            Target date
            Current/achieved
            1/1
            What actions or steps are identified for time-bound implementation?: deforestation- and conversion-free production and procurement for the whole supply chain
            "Commitment to archive deforestation- and conversion-free production and procurement for the whole supply chain [...] FSC does not accept deforestation and conversion. For all own operations and our FSC certified supply we thus commit automatically to deforestation- and conversion-free production. PEFC does accept small-scale conversion of maximal 5% of the certified area only if it “makes a contribution to long-term conservation, economic, and social benefits”14 . To avoid timber originating from deforested or conversed lands in our supply chain, we commit to only source PEFC certified products if they origin form countries where deforestation and conversion is not tolerated by the law and where the legislation is enforced reliably. Today, we only source PEFC certified products from middle Europe."
          • Interim target date
            NA (target date current or achieved or 2023)
            0.5/0.5
            Interim target date
            NA (target date current or achieved or 2023)
            0.5/0.5
            What date is given for the interim milestone?: current
            "Commitment to archive deforestation- and conversion-free production and procurement for the whole supply chain [...] FSC does not accept deforestation and conversion. For all own operations and our FSC certified supply we thus commit automatically to deforestation- and conversion-free production. PEFC does accept small-scale conversion of maximal 5% of the certified area only if it “makes a contribution to long-term conservation, economic, and social benefits”14 . To avoid timber originating from deforested or conversed lands in our supply chain, we commit to only source PEFC certified products if they origin form countries where deforestation and conversion is not tolerated by the law and where the legislation is enforced reliably. Today, we only source PEFC certified products from middle Europe."
        • Commitment to a traceable supply chain
          8/7.5
          • Commitment details
            Traces to Point of production
            4/4
            Commitment to a traceable supply chain
            Traces to Point of production
            4/4
            When was this commitment set?: 2019
            "We commit to always applying a supply chain and traceability system, later referred to as Chain of Custody System (CoC). Our CoC system allows us to control our supply chain and ensure traceability at every stage of our production, processing, and trading activities. [...] Trees are all numbered with a unique number during inventory and harvesting planning. Once harvested, the unique number is marked on the tree and the stump. If the log is subdivided into multiple sections, the number of the section is added to the log."
          • Commitment applies to all regions, suppliers and operation
            Yes
            2/2
            Commitment applies to all regions, suppliers and operation
            Yes
            2/2
            "We commit to always applying a supply chain and traceability system, later referred to as Chain of Custody System (CoC). Our CoC system allows us to control our supply chain and ensure traceability at every stage of our production, processing, and trading activities. [...] Trees are all numbered with a unique number during inventory and harvesting planning. Once harvested, the unique number is marked on the tree and the stump. If the log is subdivided into multiple sections, the number of the section is added to the log."
          • Target date
            Current/achieved
            1/1
            Target date
            Current/achieved
            1/1
            What actions or steps are identified for time-bound implementation?: traceability at every stage of our production, processing, and trading activities
            "We commit to always applying a supply chain and traceability system, later referred to as Chain of Custody System (CoC). Our CoC system allows us to control our supply chain and ensure traceability at every stage of our production, processing, and trading activities. [...] Trees are all numbered with a unique number during inventory and harvesting planning. Once harvested, the unique number is marked on the tree and the stump. If the log is subdivided into multiple sections, the number of the section is added to the log."
          • Interim target date
            NA (target date current or achieved or 2023)
            0.5/0.5
            Interim target date
            NA (target date current or achieved or 2023)
            0.5/0.5
            What date is given for the interim milestone?: current
            "We commit to always applying a supply chain and traceability system, later referred to as Chain of Custody System (CoC). Our CoC system allows us to control our supply chain and ensure traceability at every stage of our production, processing, and trading activities. [...] Trees are all numbered with a unique number during inventory and harvesting planning. Once harvested, the unique number is marked on the tree and the stump. If the log is subdivided into multiple sections, the number of the section is added to the log."
      • Associated Human Rights Abuses
        10/17
        • Labour rights in the supply chain
          Yes
          3/3
          Labour rights in the supply chain
          Yes
          3/3
          How far back in the supply chain does this commitment apply?: Tier 1

          Details of commitment: ILO; Discrimination; Forced labour; Child labour; Freedom of association
          "Most of the commitments made throughout this report also apply to our suppliers. They must respect the principles of FPIC, workers’ rights, gender equality, indigenous and local communities’ rights, and legal and customary land rights. [...] Suppliers shall [...] always respect Fundamental ILO Conventions or Free and Fair Labour Principles." [...] "It is also imperative that we comply with international law and international conventions. These include the Universal Declaration of Human Rights, the rules of the World Health Organization (WHO) and the International Labour Organization (ILO)"
        • Inclusion of small-scale farmers
          Yes
          2/2
          Inclusion of small-scale farmers
          Yes
          2/2
          What is the nature of that support?: Certification

          How many smallholders do they support, and what percentage does this represent in terms of their sourcing from smallholders?: NA
          "We only accept products in our supply chain produced under FSC or PEFC certification or in compliance with our Procurement Policy. It often appears difficult for small-scale producers in tropical areas to meet these criteria. Therefore, we promote small-scale producers in our supply chain that meet these requirements or strive towards compliance. We do, for example, partner with FSC certified cooperatives in South-America composed of several small-scale producers."
        • Gender equality in the supply chain
          Commitment to address the inclusion of women and ensure equality in commodity supply chains
          2/2
          Gender equality in the supply chain
          Commitment to address the inclusion of women and ensure equality in commodity supply chains
          2/2
          "We [...] strongly support all initiatives striving towards an equal inclusion of women in the working world, especially in regions or sectors where men still represent most of the workforce. [...] Since 2016, Precious Woods Holding Ltd hired two female consultants, specialists in social work and education. One of their tasks was to assist Precious Woods in Gabon to tackle women’s education and gender equality. The long-term objectives are to have a more qualified female workforce available for our operations and to create a better business environment for women in general; The local management does actively attempt to increase the female workforce. In cooperation with local educational facilities we offer regular trainee programs with a high share of female trainees in order to make our company better known amongst and more attractive for young female professionals."
        • Commitment to remediation
          Yes
          1/1
          Commitment to remediation
          Yes
          0.5/1
          What does the commitment cover?: Environmental harm
          "Since 2009 all our operations are FSC FM and CoC and additionally PEFC FM and CoC certified since 2018. [...] Today, we only source PEFC certified products from Central Europe or products complying with our Procurement Policy. If, despite all efforts, non-compliant deforestation or conversion should have occurred in our operations after 2009, we commit to reforest these areas to their original state."
        • Commitment to test Free, Prior and Informed Consent
          Yes, the company commits to test for FPIC prior to acquiring new interests, developments, or expansions
          2/3
          Commitment to test Free, Prior and Informed Consent
          Yes, the company commits to test for FPIC prior to acquiring new interests, developments, or expansions
          2/3
          How far back in the supply chain does this commitment apply?: Tier 1
          Our Free, Prior, and Informed Consent (FPIC) procedures assure that all stakeholders have the same rights during decision making. [...] They must respect the principles of FPIC, workers’ rights, gender equality, indigenous and local communities’ rights, and legal and customary land rights" [...] "We require all these suppliers to be either FSC or PEFC certified which implies that they respect the principles of Free, Prior and Informed Consent (FPIC) in the scope of their certified operations."
        • Commitment to respect customary rights to land, resources, and territory
          No
          0/3
        • Zero-tolerance approach to violence and threats
          No
          0/3
      • Implementation and Reporting
        26/56
        • Reporting proportion of compliant volumes
          0/0
        • Reporting is independently verified
          Yes, using a third-party verification scheme or certification scheme
          2/2
          Reporting is independently verified
          Yes, using a third-party verification scheme or certification scheme
          2/2
          What percent of the company's supply volume is verified using company verification systems?: NA

          Which processes or groups does the company use for third party verification?: FSC, PEFC

          For what percent of the company's supply volume is third-party verification of performance relative to commitments conducted?: 100%

          What methods are used for verification?: FSC, PEFC

          Which tools, approaches, third-party verification, including certification, schemes are used?: FSC, PEFC

          Is the performance of compliance of some suppliers, sources, or origins not verified, and if so why not?: No
          "Precious Woods is a pioneer in sustainable forest management and forest certification. All of our forest operations are 100% FSC and PEFC certified. We manage a total of 1 100 000 ha of tropical rainforests under this dual certification. Our sawmills and veneer plants are 100% FSC Chain of Custody (CoC) certified, and we process only wood harvested in our own certified forests. Our wood trade is also 100% FSC-CoC certified and only trades wood from verified legal and sustainable sources."
        • Suppliers aligned with deforestation commitments across supply chain
          No
          0/3
        • Deforestation cut off date
          Yes, for all sourcing regions/operations
          2/2
          Deforestation cut off date
          Yes, for all sourcing regions/operations
          2/2
          What cut-off date is specified?: 2009
          "Today, we only source PEFC certified products from Central Europe or products complying with our Procurement Policy. If, despite all efforts, non-compliant deforestation or conversion should have occurred in our operations after 2009, we commit to reforest these areas to their original state."
        • Collaborative actions
          Yes
          2/2
          Collaborative actions
          Yes
          2/2
          What initiatives does the company participate in?: transnational project to study forest dynamics in the Congo Basin

          What is the nature of that participation?: Attending & contributing to meetings; Providing support/ advice/ experience/ expertise
          ""We are convinced that strong partnerships are the only way to guarantee ecologically, socially and economically sustainable forest management. Especially in the field of training and research, we rely on the support of local and international educational institutions. The schools and universities, for their part, benefit from this partnership by being able to carry out their training and research locally and in a practical way. We cooperate with governmental and non-governmental organisations, especially in the field of environmental protection and species conservation, thus guaranteeing the preservation of fauna and flora. Of course, we also work closely with our sector organisations to strengthen the sustainable management of tropical forests." [...] "For example, we have been involved for some time in a large, transnational project to study forest dynamics in the Congo Basin. The current project phase, DynafFor ", is being carried out on large areas in our Gabon concession, among others. In Brazil, we maintain a network of permanent research plots to study forest dynamics in detail over the long term.""
        • Jurisdictional approach focused on sustainable land use
          No
          0/2
        • Risk assessments for forest risk
          Yes
          2/2
          Risk assessments for forest risk
          Yes
          2/2
          How frequently are assessments conducted?: At the point of acquisition and then at least annually

          For what percentage of material produced or sourced by the company has forest risk been assessed?: 100%
          "Every supplier must be assessed before products are purchased or traded for the first time. • Every supplier must be assessed annually. Country or product category specific procedures can require more frequent assessments. • Re-assessments can be performed as often as necessary for current suppliers, new suppliers and suspended suppliers. [...] If all necessary information has been gathered successfully, the country and product specific risks must be assessed. The assessment aims to identify if the risk for illegal activities throughout the whole supply chain is negligible. Therefore, the following aspects are assessed. 1. Corruption and transparency in the country of origin 2. Occurrence or risk of armed conflict 3. Forest governance and law enforcement 4. Risk of illegal activities 5. Supply chain 6. International sanctions and legislation 7. CITES compliance. [...] We do not accept any wood or timber supply to our processing or trading activities that is: [...] harvested in forests in which High Conservation Values (HCV) are threatened by management activities [...] harvested in forests being converted to plantations or non-forest use"
        • Operations assessed to comply with law
          Yes
          2/2
          Operations assessed to comply with law
          Yes
          2/2
          "Forest Management (FM) and Chain of Custody (CoC) certifications of the Forest Stewardship Council (FSC) and the Project for the Endorsement of Forest Certification (PEFC) are the strictest forest certifications schemes worldwide. If a company is certified against one of these standards, their wood does fulfil all legal requirements and much beyond. [...] The aim of this due diligence is to assure that a product has a negligible risk for illegal activities throughout the supply chain. [...] The assessment aims to
        • Accessible grievance mechanism
          No
          0/4
        • Report volumes of commodity sourced/used
          Reporting total volume
          3/3
          Report volumes of commodity sourced/used
          Reporting total volume
          3/3
          What is the non-DCF commodity volume sourced from known production areas, and proportion of total supply chain volume this represents?: NA

          What product types/sectors is this in?: Timber

          Reporting non-certified/non-compliant volume: 394,000 m3

          Total volume: 394,000 m3

          Reporting certified/compliant volume: 100%
          In 2021 Precious Woods report that they harvested 394,000 m3 of timber
        • Monitor compliance for labour rights and FPIC
          Yes, and publishes evidence of actions taken to implement its commitment on labour rights in the production or primary processing operations that it owns, manages or otherwise controls or its supply chains; Yes, company discloses how many land developments or site acquisitions, by either itself or its suppliers, indicated the use of FPIC to test for consent of indigenous peoples/local communities
          5/5
          Monitor compliance for labour rights and FPIC
          Yes, and publishes evidence of actions taken to implement its commitment on labour rights in the production or primary processing operations that it owns, manages or otherwise controls or its supply chains; Yes, company discloses how many land developments or site acquisitions, by either itself or its suppliers, indicated the use of FPIC to test for consent of indigenous peoples/local communities
          5/5
          What percentage/number of new interests, developments, or expansions has the company used FPIC to secure consent of indigenous peoples/local communities?: 100%

          What steps has the company taken to implement their labour rights commitment?: audit

          What is the status of those FPIC processes?: 1 ongoing in Brazil
          "Since 2009 all our operations are FSC FM and CoC and additionally PEFC FM and CoC certified since 2018. Besides having a sustainable social, economic, and ecological impact, certification obliges us to monitor and verify social and environmental indicators as well as our supply chain constantly. These activities and compliance with certification requirements are checked annually by accredited and independent auditors. [...] Details of our FPIC and Grievance procedures are explained on page 12. Seven grievances were addressed in 2020. Most of them were solved to the satisfaction of all parties, and some grievances addressed in late 2020 will be solved in 2021. Our Free, Prior and Informed Consent (FPIC) procedures assure that all stakeholders have the same rights during decision making. "
        • Monitor compliance for zero tolerance approach and customary rights
          No
          0/5
        • Upstream: Impact assessments for land development/acquisition
          No
          0/4
        • Upstream: Reporting production/processing locations
          Reports location of certified land holdings; Reports location of land holdings under conservation; Reports location of company-owned processing facilities
          3/4
          Upstream: Reporting production/processing locations
          Reports location of certified land holdings; Reports location of land holdings under conservation; Reports location of company-owned processing facilities
          3/4
          For what percent are boundaries disclosed?: NA

          For what percent are point locations (of certified land holdings) disclosed?: NA

          For what percent are boundaries (of holdings under conservation) disclosed?: NA

          From what sub-national jurisdiction(s) does the company source material?: NA

          What is the area, in hectares of production units, on which non-DCF commodities are produced or processed, by country and jurisdiction: NA

          In what country(ies) does the company operate and/or source material?: Brazil, Gabon

          In what jurisdiction(s)/subnational region does the company operate and/or source material?: Milolé area

          What is the total area (in ha) of natural ecosystem on land owned, managed, or controlled by the company?: NA

          What type of conservation designation and/or conservation status is used?: NA

          What types of ecosystems are these?: NA

          What is the total area in production (in ha)?: 1,090,397 ha

          For what percent are point locations (of holdings under conservation) disclosed?: NA

          What is the total area of land (in ha) that is available for future production, e.g. concessions?: NA

          What is the volume of each forest risk commodity that the company produced/processed/sourced in the previous year from each national or subnational location?: NA

          For what percent are point locations (of land holdings and processing facilities) disclosed: NA

          What is the total land area owned, managed, or controlled by the company for the forest risk commodity?: NA

          For what percent are boundaries (of certified land holdings) disclosed?: NA
          Precious Woods report locations of mills, sawmills and other facilities via a PDF and interactive map - "BrazilPrecious Woods Amazon – MIL Madeiras Preciosas (MIL) owns 493 597 hectares of forest in Itacoatiara, 250 kilometres to the east of Manaus, Brazil, where the company has operated sustainable forestry since 1996. [....] Precious Woods AmazonMIL Madeiras Preciosas Ltda., Rodovia AM 363, KM 1.5, Zona Rural, Itacoatiara - Amazonas - Brazil, Zip Code (BR) 69109-899 [...] Precious Woods EnergiaMIL Energia Renovável Ltda., Rodovia AM 363, KM 1.5, Zona Rural, Itacoatiara - Amazonas- Brazil, Zip code (BR) 609109-899 [...] GabonSince 2007, Precious Woods has held majority shares in the companies Compagnie Equatoriale des Bois CEB and Tropical Gabon Industrie TGI in the Central African country of Gabon. [...] In East Gabon, Precious Woods­ - CEB manages a concession area of 596 800 hectares, where it harvests about 240 000 cubic metres of logs each year. At the same location, Precious Woods Gabon - CEB operates three sawmills, which have been further expanded since 2011. In Owendo, near Libreville, Precious Woods Gabon - TGI operates its own veneer plant for the production of certified rotary veneer.Precious Woods holds a 49% stake in the company Compagnie des Placages de la Lowé (CPL) in Gabon. CPL operates two veneer plants in Libreville and Owendo, near Libreville, and was formed in 2020 from the merger of Precious Woods' veneer plant TGI with the veneer factory PDG. [...] Precious Woods GabonCompagnie Equatoriale des Bois S.A., P.O. Box 2262, Rue Kringer Renjombé, Quartier Batterie IV, GA - Libreville"
        • Downstream: Reporting suppliers
          No
          0/4
        • Upstream: Monitor compliance of production/processing
          Yes, using a third-party verification system
          4/4
          Upstream: Monitor compliance of production/processing
          Yes, using a third-party verification system
          4/4
          For what percentage of the commodity sourced by the company is deforestation/conversion monitored at the farm level on production units known to be in the company's supply chain?: 100%

          How frequently is compliance assessed?: Annually

          Does the company use a jurisdictional monitoring mechanism?: No

          Does the company use a certification system?: Yes

          If so, what jurisdictions and mechanisms does the company use?: NA

          What tools, processes, bodies carry out monitoring of the company's production or processing operations?: FSC

          For what percentage of production or primary processing operations that it owns, manages, or otherwise controls does the company use external processes or actors, such as certification, to monitor compliance?: 100%

          For what percentage of suppliers does the company use/rely on external mechanisms to monitor compliance?: 100%
          "All Precious Woods operations are double certified against the Forest Stewardship Council® FSC® and the Project for the Endorsement of Forest CertificationTM PEFCTM certification schemes." "Since 2009 all our operations are FSC FM and CoC certified, additionally, since 2018 all operations are PEFC FM and CoC certified2 . Compliance with the certification is checked annually by accredited and independent auditors3 . Non-compliance would lead to the suspension and loss of the certification."
        • Upstream: Reporting hectares of deforestation
          No
          0/4
        • Downstream: Monitor compliance in supply chain
          Yes, for its suppliers
          2/4
          Downstream: Monitor compliance in supply chain
          Yes, for its suppliers
          2/4
          How is compliance monitored?: Internal monitoring and verification systems

          For what percentage of suppliers does the company use/rely on external mechanisms to monitor compliance?: na

          How frequently is compliance assessed?: Annually

          What percentage of the company's supply chain volume does that represent?: 100%

          For what percentage of the commodity sourced by the company is deforestation/conversion monitored at the farm level on production units known to be in the company's supply chain?: 100%

          For what percent of suppliers does the company directly monitor compliance of production or processing operations?: 100%
          "Every supplier must be assessed before products are purchased or traded for the first time. […] Every supplier must be assessed annually. Country or product category specific procedures […] can require more frequent assessments. […] Re-assessments can be performed as often as necessary for current suppliers, new suppliers and suspended suppliers." “As part of our trading activities, we also trade with wood from other producers, which must also all be certified according to either the FSC or PEFC standard.”
        • Downstream: Reporting hectares of deforestation
          No
          0/4
        • Downstream: Engagement with non-compliant suppliers
          Blacklist non-compliant suppliers without engagement
          1/2
          Downstream: Engagement with non-compliant suppliers
          Blacklist non-compliant suppliers without engagement
          1/2
          Does the company engage non-compliant indirect suppliers in order to address and remedy non-compliance?: No

          Does the company commit to engage with rightsholders, Indigenous peoples and local communities when developing the implementation plan?: No

          Does the company work with the non-compliant supplier to develop an implementation plan to remedy associated harms or non-compliance?: No

          What criteria does the policy specify for blacklisting or exclusion?: Failure to pass assessment

          What type of support does the company offer to its suppliers to help them achieve compliance with commitments?: NA
          "New Suppliers failing to pass the assessment are not accepted. Transition periods are not accepted. • Current suppliers that fail to pass the annual assessment are immediately discarded. Transition periods are not accepted."Link to documents: (Engagement)
        • Downstream: Disclosure of non-compliant suppliers
          No disclosure
          0/2
          Downstream: Disclosure of non-compliant suppliers
          No disclosure
          0/2
          Does the company have a list of blacklisted or otherwise excluded suppliers or producers?: No
  • Commitment strength
    17/17
    Avg. score
  • Implementation and Reporting
    26/56
    Avg. score
  • Associated Human Rights Abuses
    10/17
    Avg. score

Profile

Precious Woods is a Swiss based company involved in the cultivation, processing and trading of tropical timber. It manages forests in both Brazil and Gabon. The company has sawmills and manufacturing facilities in both regions, Precious Woods is also a major timber trader in Europe. Precious Woods Holding AG is selected as a powerbroker for timber.

Sector
Industry sector 
Forest Products
Segments
Producer, Trader, Processor
HQ
HQ 
Switzerland
Company Type
Company type 
CO
Collective Commitments
Consumer Goods Forum member
New York Declaration on Forests signatory

How we assess the Forest 500

To ensure deforestation free supply chains, companies need to adopt and implement timebound and measurable policies for forest risk commodities.

All assessments use policies published on company websites, some links may have changed or been removed since the time of assessment.

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.