Encouraging Responsible Sourcing
The Scorecard encourages companies to source wood materials responsibly. It assesses whether companies use sustainably harvested wood, which helps protect forests and biodiversity.
Transparency
By publicly ranking companies based on their sustainability efforts, the Scorecard promotes transparency. This transparency motivates companies to improve their practices and helps consumers make informed choices.
Consumer Confidence
When companies receive high scores on the Scorecard, it boosts consumer confidence in their products. Consumers are more likely to support companies that prioritize sustainable wood sourcing and manufacturing.
Benchmarking & Continuous Improvement
The Scorecard provides benchmarks for companies to measure their sustainability performance against industry peers. This encourages healthy competition and motivates companies to continually improve their practices.
Market Access
Companies with higher scores on the Scorecard may gain easier access to markets and retailers that prioritize sustainability. This can lead to increased sales and market share.