Study shows Eternali climate positive
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.
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.
Calculations overview:
Component | Climate effect 2022 tCO2* | Comment |
|---|---|---|
Forest carbon storage | -3 500 | Net sink unharvested forest |
Product carbon storage | 0 | No net contribution to HWP protocol |
Displacement of fossil fuels | -181 000 | Average DF=0.29 tCO2e/m3 |
Fossil emissions in value chain | 54 600 | 55% from sea freight |
Total climate effect | -130 000 | Rounded total |
* Negative numbers denote a net reduction of atmospheric carbon dioxide.