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Description

Join me today as I speak with Thorsten Arndt, Head of Advocacy at the Programme for the Endorsement of Forest Certification (PEFC), where we discuss PEFC and how in addition to facilitating sustainable forest management, it can help those with forest products in their supply chains align to various voluntary and mandatory sustainability disclosure requirements. We dig deep into the EU Regulation on Deforestation Free Products, or EUDR, and about how PEFC is thinking about carbon certification. 

Show notes:

Host: Shauna Matkovich - The Forest Link

Details

01:37

Thorsten introduces PEFC

05:08

Sustainability reporting under various voluntary and regulatory standards

10:10

Regulatory sustainability disclosures and the EUDR

14:16

How PEFC can support in meeting the EUDR

20:20

General public interpretations of the EUDR and what this could mean for sustainable forest management

21:31

Carbon certification and PEFC

25:13

How should investors be thinking about forest asset evaluation in light of forest management certification and EUDR

27:01

PEFC and its multistakeholder process

28:07

Actionable piece of advice for new investors

29:05

Contact details

Significant quotes:

11:15 “Under the scope of this regulation [EUDR] are essentially any kinds of products that enters the European market for several commodities including soy, palm oil, beef, rubber, cocoa, coffee and timber”.

20:20 “What we fear may happen [with the EUDR] is that an unintended consequence is that European consumers do not care about sustainability that much anymore because they will know that the products they buy are deforestation free.”

24:16 “The other option we are exploring is to collaborate and coordinate with existing carbon standards to see PEFC and carbon standards can be implemented in a more coordinated manner to reduce the burden on smallholders and the forest.”

Links mentioned:

PEFC: https://pefc.org/

Sound Library:

  1. Nature by MaxKoMusic/Soundcloud
  2. Sopwell Woodlands and Scohaboy Bog SAC, Cloughjordan, Co Tipperary, IRELAND by wild_rumpus/Soundcloud      

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