Forest Industry (forest + industry)

Distribution by Scientific Domains

Selected Abstracts

The ecosystem approach in corporate environmental management , expert mental models and environmental drivers in the Finnish forest industry

Petteri Vihervaara
Abstract The ecosystem approach has been adopted as the framework of the Convention on Biological Diversity, and is recommended to be used widely in the integrated management of land, water and living resources, to promote conservation and sustainable use in an equitable way, also in corporations. The forest industry is a resource-intensive branch with various impacts on aquatic and terrestrial ecosystems. Our aims in this study were to examine (i) how the ecosystem approach is implemented in the Finnish forest industry; and (ii) to outline the mental models of environmental experts of corporations, and their conceptualization of some key terms of ecosystem thinking. We interviewed 12 experts about their opinions on the main future challenges, the risks, the mistakes of the past, the possibilities and the successes confronting the forest industry. The results were analyzed using the DPSIR (Driving forces-Pressures-State-Impacts-Responses) framework model. Finally, we give several recommendations as to how the ecosystem approach can be integrated into corporate environmental management. Copyright © 2009 John Wiley & Sons, Ltd and ERP Environment. [source]

Examining the role of the forest industry in collaborative ecosystem management: implications for corporate strategy

Jennifer Dyke
Abstract The North American timber industry owns or controls a substantial amount of commercial timberland, and it is within this privately held acreage that major portions of critical natural habitat and areas of biodiversity are found. Because significant ecosystem components and processes lie within the ownership of forestry operations, industry participation in collaborative ecosystem management initiatives is vital to protect the integrity of ecological units at the landscape scale. This article analyzes and identifies the role of industry in ecosystem management projects, industry's willingness to participate in collaborative ecosystem management and the motivations behind company participation. Companies indicated active involvement in collaborative ecosystem management as both project initiators and collaborators. Motivations for participating in collaborative ecosystem management initiatives include the desires to decrease governmental regulations, collect data, develop relationships and improve current practices. Many companies also feel that participation is financially beneficial because it positively impacts corporate public relations. We discuss the implications of these results for developing an effective corporate environmental strategy associated with resource-based industries. Copyright © 2005 John Wiley & Sons, Ltd and ERP Environment. [source]

Annual planning of harvesting resources in the forest industry

David Bredström
Abstract A cost-efficient use of harvesting resources is important in the forest industry. The main planning is carried out in an annual resource plan that is continuously revised. The harvesting operations are divided into harvesting and forwarding. The harvesting operation fells trees and puts them in piles in the harvest areas. The forwarding operation collects piles and moves them to storage locations adjacent to forest roads. These operations are conducted by machines (harvesters, forwarders and harwarders), and these are operated by crews living in cities/villages that are within some maximum distance from the harvest areas. Machines, harvest teams and harvest areas have different characteristics and properties and it is difficult to find the best possible match throughout the year. The aim of the planning is to find an annual plan with the lowest possible cost. The total cost is based on three parts: production cost, traveling cost and moving cost. The production cost is the cost for the harvesting and forwarding. The traveling cost is the cost for driving back and forwards (daily) from the home base to the harvest area and the moving cost is associated with moving the machines and equipment between harvest areas. The Forest Research Institute of Sweden (Skogforsk), together with a number of Swedish forest companies, has developed a decision support platform for the planning. One important element of this platform is that it should find high-quality plans within short computational times. One central element is an optimization model that integrates the assignment of machines to harvest areas and schedules the harvest areas during the year for each machine. The problem is complex and we propose a two-phase solution method where, first, we solve the assignment problem and, second, the scheduling. In order to be able to control the scheduling in phase 1 as well, we have introduced an extra cost component that controls the geographical distribution of harvest areas for each machine in phase 1. We have tested the solution approach on a case study from one of the larger Swedish forest companies. This case study involves 46 machines and 968 harvest areas representing a log volume of 1.33 million cubic meters. We describe some numerical results and experience from the development and tests. [source]

Does corporate environmental protection increase or decrease shareholder value?

The case of environmental investments
This study examines share price effects of environmental investments using data from the Finnish forest industry from 1970 to 1996. The results indicate that the instantaneous market reaction is negative, and that the larger the investment, the larger the fall in prices. However, contrary to the view that corporate actions have a permanent effect on firm value, we observe rapid price recovery after the instantaneous negative reaction. This may support a hypothesis that environmental investments create goodwill for the investing firms and are thus not negative net present value investments. Unexpectedly, we find that the instantaneous negative market reaction was stronger in the most recent sample years. Explanations for this finding relate to the slowness of institutional change within the financial community as well as to the growing share of international investors seeking short-term holding gains. In conclusion, it appears that not only finance theory but also notions from institutional theory and corporate environmental management literature are needed to explain stock price behaviour in conjunction with environmental investments. Copyright © 2001 John Wiley & Sons, Ltd and ERP Environment [source]