CO2 footprint refers to the total of greenhouse gas emissions directly or indirectly associated with an activity or a product and increases over the course of its life cycle. It is a method of calculating humanity’s impact on the environment. CO2 footprint can be calculated for a project, product, service or for a whole company. CO2 capture is usually marked with “-” sign, while CO2 emissions are marked with “+” sign.
Since 2011 LVM has been measuring its CO2footprint. LVM calculation methodology is certified according to the ISO 14064-3:2006 standard.
LVM is one of the few companies whose CO2 footprint is positive, as the forests capture more carbon dioxide than is emitted during the forestry works. The stored amount of the CO2 eqv. in the forests managed by LVM is 400 mil. tonnes, while in 2013 the captured CO2 eqv. due to the growth of the forests managed by LVM amounted to 15 mil. tonnes. Meanwhile, only 0.13 mil. tonnes of CO2 eqv. were emitted as a result of LVM forestry works in 2013.
The CO2 emitted by LVM results mainly from the consumption of electricity, petrol and gas for heating, which makes up 6% of the total emissions. However, in order to perform the planned forestry works, LVM hires subcontractors, who emit 94% of the total volume.
Thus, the CO2 footprint for preparing and delivering 1 m3 of roundwood is positive during the whole LVM production cycle, i.e., 1 274 kg of CO2 is captured.