Monday, January 15, 2024
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In a fast-changing world the Forest Stewardship Council is fundamentally changing its risk evaluations for forests. The next generation of risk assessments will replace the current way of assessing risks in forestry as part of the current controlled wood concept. In an enhanced approach the new risk assessments will be of use for the production of FSC Mix products within the current controlled wood concept; but will also serve as a tool for risk evaluation in regards to new legal requirements such as the EUDR. These new risk assessments will therefore become an invaluable tool for companies to efficiently assess and mitigate risks.
While doing so, FSC is going one step further by aiming for an alliance between partners facing similar challenges. This Risk Information Alliance will foster global sustainability leadership by collaborating with other sustainability leaders. The focus is on developing a single, standardized Risk Assessment framework that will benefit both certified and non-certified companies.
The establishment of the Risk Information Alliance marks a transformative step for FSC, positioning it as a global leader in sustainability practices. The collaborative approach, streamlined processes, and standardized framework demonstrate a commitment to efficient risk assessment and mitigation, ultimately contributing to the preservation and responsible management of global forests.
Why the Risk Information Alliance?
Long-term solution to support companies to comply with EUDR and other emerging regulations
Establishing risk assessments to be used for various commodities will dramatically reduce effort needed by companies for due diligence practices. Risk Assessments from the Risk Information Alliance will be a key tool for supporting EUDR compliance, as both certified and non-certified companies will be able use them for implementing strong due diligence practices by showcasing risk assessment and mitigation for competent authorities. This development builds on the risk assessment work already in motion as part of FSC EUDR Aligned.
Streamlined Requirements Development and Decision Making
The Risk Information Alliance aims to streamline the development of requirements and decision-making processes. By collaborating with other sustainability leaders, FSC can draw on collective expertise, ensuring that the Risk Assessment approach is comprehensive and aligned with global best practices.
Maintaining Leadership in Multi-stakeholder Discussions
Through collaboration, FSC intends to maintain its leadership role in multi-stakeholder discussions. By actively engaging with other sustainability leaders, FSC can influence and shape global policies and practices related to risk assessment and mitigation.
Establishing Leadership in Risk Assessments Beyond FSC
The alliance positions FSC as a leader not only within its own certification scheme but also in the broader field of risk assessment and mitigation. This leadership extends beyond FSC, contributing to the development of sustainable practices across various industries.
Addressing Time Constraints and Capacity Challenges
The partnership allows FSC to address time constraints and capacity challenges by diversifying the processes involved in risk assessment. This reduces dependency on FSC alone, enabling a more efficient and timely completion of risk assessments.
Strengthening Risk Assessment Requirements Based on Shared Best Practices
The alliance facilitates the sharing of FSC values, such as the assessment of High Conservation Value (HCV) protection and the exclusion of Genetically Modified Organisms (GMOs), with other sustainability schemes. This collaborative approach enhances the overall effectiveness of risk assessment requirements.
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