Home » Resource Database Case Study Forico Harvests $670 Million with Sustainable Forestry Authoring Organisation BloombergNEF Publish Date October 2024 Geography Australia Download Case Study (Forico Harvests $670 Million with Sustainable Forestry)(This link will take you to an external website) About this Case StudyThis case study shows how Forico, a large private forestry manager, integrates sustainable practices in Tasmania to enhance biodiversity and carbon sequestration. Through its dual approach of timber production and land conservation, Forico supports biodiversity while generating carbon credits – its second revenue stream. Key outcomesForico's sale of carbon credits illustrates a scalable model for sustainable forest management. Its sustainable management practices are helping to sequester millions of tonnes of carbon dioxide, equivalent to the annual emissions of a small nation. Three investors acquired Forico in 2023, increasing the company's value to more than AUD 1 billion, a figure that has more than tripled since its inception in 2014. Download Case Study (Forico Harvests $670 Million with Sustainable Forestry)(This link will take you to an external website) Related resources ECOncrete Harbors Sealife on Critical Marine Structures BloombergNEF | October 2024Location: Global, IsraelCase Study This case study examines the financial opportunity of ECOncrete. The company develops marine construction products designed to encourage biodiversity and carbon sequestration. Corporates – Latin America & Caribbean: Deforestation Intensifies Reputational Risk For Companies Operating In Brazil Moody’s (December 2021) Environmental damage to Brazil’s biomes will have a substantial impact on Brazilian companies in coming years, rippling across different sectors and the wider economy. Deforestation Action Tracker (Global Canopy, November 2023) The Deforestation Action Tracker monitors financial institutions with significant climate commitments including those in the Race to Zero and Glasgow Financial Alliance for Net Zero (GFANZ), to track their action on deforestation, conversion and... Assessing nature-related issues of key value chain clients as a Brazilian Asset Manager Frontierra, JGP Gestão de Crédito Ltda and Global Canopy | 2023Location: BrazilLEAP Use Case JGP participated in a TNFD pilot to enhance their understanding of nature-related risks, with a particular focus on deforestation within Brazil’s agriculture sector. The pilot involved using the LEAP approach to assess the nature impact of two agricultural companies in their ESG Credit fund. Perfect Day Milks Millions in Animal-Free Dairy Market BloombergNEF | October 2024Location: United States of AmericaCase Study This case study presents Perfect Day’s animal-free whey protein, a product for the growing market of alternative milk. The company’s approach significantly reduces greenhouse gas emissions, water and land use compared to conventional dairy production. Related publications Additional sector guidance – Forestry, pulp and paper Additional Guidance by Biome – Tropical Forests Guidance on biomes Related webinars Changes in the state of nature: the next generation of metrics & targets? August 24, 2022 (Updated: December 17, 2024) This webinar provides a deep dive into using metrics and setting targets, with a specific focus on changes in the state of nature, measuring opportunities and risk for biodiversity, potential metrics and targets that could be in use in...