- Responsible forest management ensures that carbon dioxide continues to be absorbed from the atmosphere while at the same time delivering fossil-free wood to industrial value chains, says Dr. Peter Holmgren, the author of the study and a renowned international expert on forests and climate. He continues:
- It is the effect from the wood-based value chain where the forest really makes a difference. By replacing fossil-based products and energy, we act on the climate change problem. This is why a a broader view of Eternali´s business is needed.
- Input for calculations are conservative and there are areas for further improvement as the business develops, depending on choice of clients and the effect of further forest acquisitions. Nevertheless, it´s comforting to see that already this year the study indicates we contribute to a reduction of fossil emissions and are a part of the climate solution, comments Andreas Forssell, CEO of Eternali.
Study Key findings:
• The forest itself has a positive but limited impact towards reducing climate change.
• It is the effect in the value chain where wood-based products and energy makes a larger difference by reducing the need for fossil-based products and energy.
• Eternali, overall, makes a climate-positive contribution.
Climate effect 2022 tCO2*
Forest carbon storage
Net sink unharvested forest
Product carbon storage
No net contribution to HWP protocol
Displacement of fossil fuels
Average DF=0.29 tCO2e/m3
Fossil emissions in value chain
55% from sea freight
Total climate effect
* Negative numbers denote a net reduction of atmospheric carbon dioxide.
Dr. Peter Holmgren´s bio