BUSI 1063 -EBM Individual Assignment.docx - EBM AS A BUSINESS PRACTICE 1 EBM as a Business Practice Canadian Forest Industry WEST FRASER TIMBER CO LTD

BUSI 1063 -EBM Individual Assignment.docx - EBM AS A...

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EBM AS A BUSINESS PRACTICE1EBM as a Business PracticeCanadian Forest IndustryWEST FRASER TIMBER CO. LTD.Sunday May 6th, 2018BUSI 1063 Business and Sustainability Gerald Ingersoll ABSTRACT
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EBM as a Business Practice 2This paper discusses the Canadian forest industry, and its efforts in sustainability. The analysis isbased on the forest industry’s efforts to operate under an ecosystem based management (EBM) approach. The analysis will incorporate the six key aspects of EBM, and will determine whether WEST FRASER TIMBER CO. LTD. follows every aspect successfully. IntroductionCanada is a country that is dominated by forested landscapes. More than one-third of the Canadian land base is covered with trees, and forests occur in every province and territory. Canada also has some the largest and last areas of forested wilderness left on Earth. These mostly intact forests occur in a mosaic of lakes, rivers and wetlands in our northern boreal regions. Forests have been central to many of Canada’s indigenous peoples for centuries, and provided the foundation for Canada’s emergence as a nation, our economic prosperity and our cultural identity. Forestry continues to play a key role in Canada’s economy, particularly in northern communities, and provided more than 200,000 jobs in 2015 (NRCan, 2016). The forest industry has made significant progress in increasing sustainability, including the widespread adoption of certification programs. Forests also provide recreational opportunities for millions of Canadians and international visitors every year.Effective conservation protects and restores nature for species, including people. Conserving natural ecosystems such as forests, helps to protect important species and habitats and maintain essential ecological processes. Conservation also provides a benchmark to monitor future environmental change. Canada's ecosystems depend on large forested areas, making much of massive resource unusable without ecological collapse. Canada is a participant
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EBM as a Business Practice 3in several international protocols and conferences in areas that affect its forested land. Biotechnology and its effect on forested land is a concern, and the conservation of the forest's biological diversity is a major priority as mentioned by (Nighbor, 2017). Canada is by nature a global forestry leader. It boasts the third-largest forested area in the world; its 347 million hectares represent nine per cent of the globe’s total. Approximately 94 per cent of Canada’s forests are on government-owned land, mostly located in remote northern parts of the nation. Since the mid 1970’s, forestry practices in Canada have improved dramatically and adhere to some of the most rigid environmental standards in the world.
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