Forico is Tasmania’s largest private forest and land asset manager, overseeing an estate of more than 170,000 hectares of land — 77,000 of which are natural forest managed by Forico for biodiversity and conservation purposes.
Forico has established ambitious sustainability objectives across various capital areas, including Human Capital, Manufactured Capital, Financial Capital, Intellectual Capital, Social Capital, and Natural Capital. To achieve these goals, Forico have utilised KPMG’s Embedded ESG solution built on the Board platform, which offers a comprehensive dashboard to assess the organisation’s overall performance against its sustainability strategy. Explore how the dashboard enables Forico to track, monitor, and take proactive action on their Environmental, Social, and Governance (ESG) performance in a unified view. As Forico continues to build momentum towards sustainability, discover how the integration of this solution empowers them to make informed decisions, and track their progress towards their sustainability objectives effectively.
KPMG’s Embedded ESG solution is designed to embed ESG thinking into the performance management processes of a business to ensure that businesses think about and make decisions based on ESG in all facets of Performance management. It includes the ability to take ESG measures into account during budgeting, planning and forecasting processes (including target setting for them), capital allocation processes, internal performance reporting and dashboarding, external reporting to market, regulators and boards and the ability to consolidate results across a group for Financial and ESG measures in one consistent process. It also incorporates processes for data attestation and controls.