- Companies
- /Empresas CMPC
Empresas CMPC
- Sector: Paper and Forest Products
- Headquarters: Chile
Review summary
Empresas CMPC (CMPC) has submitted its Nature, Conservation, and Biodiversity Strategy to ‘Its Now for Nature’ and met all the criteria to be part of the campaign. Their strategy is based on four pillars: Biodiversity, Ecosystem Services, Nature-Based Solutions (NBS) with a transversal approach of Landscape Planning.
Reviewed July 2024
- CMPC has conducted a materiality assessment for each pillar of their Strategy (Biodiversity, Ecosystem Services, Nature-Based Solutions (NBS), Landscape planning)
- They identified the following as material pressures: land use change, use of biological resources, climate change, pollution, fires, human intrusions and disturbances, and invasion of exotic species.
- Evaluation based on the Guidelines for planning and monitoring corporate biodiversity performance from the IUCN (2021).
- CMPC has aligned targets with identified pressures.
- They have identified activities to mitigate pressures in each strategic pillar, specifying short and long-term timeframes, governance, and expected results.
- For land use change: increase protected and conserved landscapes using conservation approaches with functional biological corridors. For example, by restoring 8,738 hectares of native forest in Chile and 1,130 hectares in the Coyhaique project, with deadlines set for 2026 and 2028, respectively.
- CMPC has multiple actions addressing each material impact driver across all pillars.
- For example, on biodiversity, they protect endangered species, preserve native ecosystems, and engage in restoration efforts.
- For ecosystem services, particularly with biological resources, CMPC implements stewardship practices to minimize impacts and boost ecosystem resilience.
- For Nature-Based Solutions (NBS), their efforts focus on climate change mitigation, restoration, water security, and reducing fire risks.
- At the executive level, Sustainability Management oversees the execution of the strategy, and the Forest Committee reviews it three times per year.
- At the strategic level, the Sustainability and Regulatory Committee reviews the strategy annually.