Forest2Market's new Carbon Analysis tool provides an accurate, interactive picture of current carbon stored in US forest resources, which can be used to help inform meaningful decision-making in a rapidly changing global economy

Forest2Market, Inc., a ResourceWise company and global provider of data solutions for the wood fiber supply chain, has launched Carbon Analysis 360 (view the video) on its SilvaStat360 business intelligence platform. SilvaStat360 is a flexible, customizable digital environment that provides the datasets and analytical tools that are most important to participants across the forest value chain, including market pricing, macroeconomic, forest inventory, precipitation, and now forest carbon data.

As organizations of all types and sizes integrate environmental, social and governance (ESG) initiatives into their operational expectations, these non-financial considerations are increasingly important in identifying material risks and defining performance objectives. Moving forward, visibility into these metrics will be key for developing environmental scorecard standards and meaningful decision-making criteria.

Forest2Market's Carbon Analysis 360 tool was specifically designed to bring a new level of transparency to this important environmental metric, which can help participants across the forest value chain better understand the ways in which they can impact climate concerns, inform decision-making, and identify new opportunities. Carbon Analysis 360 provides interactive maps, charts and tables that allow users to visualize forested geographies and the carbon data that correspond to them – down to the county level. Users can set the parameters of their initial search by selecting the forest carbon pool types they want to investigate, including:

Users can then drill down further and filter by location and land basis, as well as timber stand age, size and origin, forest type, and ownership type. All of this data can be further refined and categorized by pool type and viewed in the aggregate or by tons per acre. Users can also toggle to view the data in terms of Carbon Dioxide Equivalent (CO2e), an essential metric for ESG reporting.

"We are really excited to introduce Carbon Analysis 360 to our customers and partners across the forest value chain, especially as carbon impacts begin to shape the future of business" said Pete Stewart, founder of Forest2Market and CEO of ResourceWise. "What started as a visionary project to assist in evaluating forest carbon statistics and environmental reporting has now become a reality, and the result will enable our customers to efficiently access massive amounts of carbon-related data and segment it in the ways that are most meaningful to them. We look forward to providing our customers with an improved view into an important metric that will affect the forest value chain in a rapidly changing environment."

ResourceWise was founded in 2021 and now serves as the parent brand of four companies — Forest2Market, Fisher International, Tecnon OrbiChem and Wood Resources International. The companies in the ResourceWise portfolio focus on forest products, pulp & paper and chemicals — natural-resource-based industries. For more than a decade, our legacy brands have focused on one mission: to help our customers make exponentially better decisions by providing them with the most accurate data and analytics available to our markets, which we supplement with high-value strategic consulting. Because the markets we serve are complex, volatile and energy-intensive, we are increasingly asked to use the data and experience we have spent decades compiling to help our customers navigate the pivot to a lower carbon, more circular economy that is currently underway.

Forest2Market is a global provider of timber pricing, cost benchmarks and in-depth analytics for participants in the wood raw materials supply chain. Our data-based solutions provide insight into complex supply chain issues and support fact-based decision making and planning. The foundation of all Forest2Market products and services is our unique, current and proprietary database of delivered wood raw material transactions and the underlying extensive data collection infrastructure that enables us to collect millions of market transactions every year. Forest2Market is a neutral third-party, independent in ownership and structure. While actively involved in the industries we serve, we do not buy or sell timberland, timber, lumber or biomass.

View source version on newsdirect.com: https://newsdirect.com/news/forest2market-a-resourcewise-company-introduces-carbon-analysis-360-a-forest-carbon-data-visualization-tool-342121049

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