Forest Industry (Forico) leading the way in ecosystem accounting

Last week global forestry giant New Forest published their fifth annual Sustainability Report. It features work done by IDEEA Group with New Forest subsidiary Forico to account for the stocks and changes in ecosystem assets and to quantify and value the flow of ecosystem services provided by these assets (see p 21).

While this is probably a world first in the forestry sector, it is certainly a sign of things to come. We encourage you to check out the report and share it with others to show how ecosystem services accounting is fast becoming mainstream best practice for primary producers and other environmental asset managers.