Forest Footprint Disclosure (FFD), which was created to increase transparency on the sustainability performance of companies trading in timber and wood products and other Forest Risk Commodities, released the findings of its 2010 annual review today.
Around 145 delegates from the financial, retail and industrial sectors attended the presentation of the review at the Institute of Chartered Accountants in London. The keynote address was delivered by Stephen O’Brien, the DfID parliamentary under-secretary of state.
Timber companies are particularly well represented among respondents, which FFD attributes to the sector’s long-standing certification schemes and its preparations for legislation such as the EU Due Diligence regulation and the Lacey Act in the US.
British companies performed well, with British Airways, Drax Group, Greenergy International, Marks & Spencer, J Sainsbury and Reed Elsevier all leading their respective sectors.
For more on this story, see next week’s issue of TTJ.
