



CNP Assurances has announced plans to obtain certification from the Forest Stewardship Council (FSC) for 100% of its forests by 2030.
The group has more than 50,000 hectares of forest in France managed by Société Forestière.
CNP Assurances was the first company to own forests in France and the first French corporate investor to commit to FSC certification for the sustainable management of its forests.
The FSC, a non-governmental organisation (NGO), is a global benchmark for responsible forest management and its certification encompasses 160 million hectares worldwide and 64,500 certified companies.
CNP Assurances said its ambition for 100% FSC certification reflects a long-term commitment to sustainable forest management, which “ensures a forest’s resilience in the face of climate change, its capacity to produce wood to support the energy transition, and its role in capturing carbon and sheltering biodiversity”.
The French insurer has also pledged not to convert any natural forests into planted forests.
“As the first company to own forests in France, CNP Assurances is strengthening its commitment to sustainable investment by setting itself the ambitious target of securing FSC certification for all of its forests by 2030,” said CNP Assurances CEO, Marie-Aude Thépaut.
“We hope to create positive momentum and contribute to the development of the timber industry in France. As a responsible insurer and investor, CNP Assurances manages its forestry assets sustainably to provide its policyholders with recurring and regular returns in the long term, while simultaneously taking action to protect biodiversity and the climate.”