New SCA forest inventory survey shows higher standing volume and higher growth
Swedish forest industry major Svenska Cellulosa Aktiebolaget (SCA) has released the results of its latest forest inventory survey. SCA’s standing timber volume is 11 million m3fo higher than previously estimated. The survey also shows that the annual growth is 1 million m3 higher than the previous estimate.
“We manage our forests for the long term and for high growth, which this new survey confirms”, says CEO Ulf Larsson.
According to the new survey, as of December 31, 2019, SCA’s standing volume of its forest estate in Sweden is estimated at 249 million m3fo – forest cubic metres, m3fo, is a measure of the volume of wood in living trees based on the tree trunk, including bark and the tree-top, but excluding branches and needles.
This compares with SCA’s previous forest inventory survey from 2012–2013 and which indicated a standing volume of 238 million m3fo at the end of 2019.
Of the 11 million m3fo increase, about 6 million m3fo is related to higher than expected growth during the period between surveys (six years) and about 5 million m3fo is related to improved data measurement compared with the previous survey.
The annual gross growth in Sweden amounted to approximately 10.5 million m3fo, 1 million m3fo higher than the estimate in the previous survey of about 9.5 million m3fo. Net growth amounted to approximately 4.0 million m3fo, compared with the previously estimated net growth of about 3.0 million m3fo.
Based on the new forest survey, a new harvesting plan is being undertaken and is expected to be completed in the first half of 2020.
Together with 3 million m3fo of forest in the Baltic states, SCA’s total standing volume amounts to 252 million m3fo.
We manage our forests for the long term and for high growth, which this new survey confirms. A higher standing timber volume means that our forest resource has a higher value. A higher growth gives a higher yield over the long term and also means that our forests bring an increasing contribution to combatting climate change, commented Ulf Larsson, CEO, SCA.
As per 2018, SCA owned 2.6 million hectares of forests in northern Sweden of which 2 million is classed as productive forest.