Climate Change Data

Forest First Colombia S.A.S.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:806.26 tCO2e (Scope 1) + 1.66 tCO2e (Scope 2)
Scope 1 Emissions:806.26 tCO2e/year
Scope 2 Emissions:1.66 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:27,690 watts (solar)
Water Consumption:24,658 m3/year
Waste Generated:42,648 kg ordinary waste + 5,210 kg hazardous waste
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change Mitigation
  • Water Management
  • Biodiversity
  • Ethics and Transparency
  • Human Rights
  • Occupational Health and Safety
  • Community Relations & Development
  • Employment

Environmental Achievements

  • 1,465,565 tons of CO2 equivalent captured and certified
  • 8,636 hectares allocated to active conservation and preservation (including 3,524 hectares of natural forests)
  • Installation of 108 solar panels with a generating capacity of 27,690 watts
  • Identification of 129 flora and 444 fauna species

Social Achievements

  • 78% of workforce from the company’s area of influence
  • 19% female employees, 32% female management
  • 108 community engagement activities, including 7 student workshops with 369 children participating
  • 177 participatory wildlife monitoring records uploaded to iNaturalist
  • Investment of $COP 29,785,735 million over 7 years in healthcare, estimated to have generated $COP 210 million in societal returns

Governance Achievements

  • Updated Code of Conduct in 2023
  • 100% of employees informed about anti-corruption policies
  • Implementation of Self-Regulation and Integral Risk Management System (SAGRILAFT) and Business Ethics and Transparency Program (BETP)
  • Adoption of IFC Performance Standards on Environmental and Social Sustainability
  • FSC® certification (FSC®-C167272)

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Potential risks from climate change (e.g., reduced rainfall impacting transportation, increased fire risk)
  • Need to improve response times for Petitions, Complaints and Claims (PQR) mechanism
Mitigation Strategies
  • Increased expenditure on road construction and maintenance, increased reliance on all-terrain equipment
  • Strengthening of PQR mechanism, focusing on reducing response times
  • Strengthened training programs focused on dominant risks and their controls

Supply Chain Management

Supplier Audits: Annual compliance audit, quarterly monitoring of action plans

Responsible Procurement
  • Prioritization of regional growth and development of local businesses
  • Compliance with Colombian regulations and high standards in labor and occupational health and safety

Climate-Related Risks & Opportunities

Physical Risks
  • Reduced rainfall impacting transportation
  • Increased fire risk
Transition Risks
  • Not disclosed
Opportunities
  • Increased activity in the afforestation sector due to climate change

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs), IFC Performance Standards

Certifications: FSC® (FSC®-C167272), VERRA (VCS and CCB)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Carbon credits
  • Biomass for power generation
  • Wood products (lumber, fence posts)

Awards & Recognition

  • Not disclosed