Participant in the Forests Forward program since May 2022 and currently in the preparatory phase. In this phase, the organization, with WWF’s support, is building up specific baselines and action plans that will be the focus of collaboration.
Under Forests Forward, Sofidel aims to include within the company’s sourcing policy effective commitments towards deforestation, ecosystem conversion, and human rights in priority areas within company’s supply chains, to fulfil due diligence requirements for suppliers. The main target is to improve social and environmental policies and performance by: i. strengthening supplier’s engagement program; ii. implementing an effective monitoring and assessment system; iii. improving and implementing of a Code of Conduct for suppliers. As the first step, Sofidel will revise sourcing policy in cooperation with WWF Italy, improving the Suppliers Engagement Program with the update of the Supplier’s Code of Conduct and overall performance on responsible sourcing. Next, Sofidel is aiming to define a set of restoration / remedy actions in priority sourcing areas, involving proactively their suppliers. Targets will be defined after the completion of the analysis of the supply chain.
Market Shift – Responsible Sourcing
Actions in this area include tracking, disclosing, and improving wood product sourcing with the aim to drive markets for sustainable products. Show more
Value chain segment
Traded forest-based products