• 2) Identification of physical climate risks that are material to the activity, performing climate risk and vulnerability assessment

    2.1) Screening of the activity to identify which physical climate risks may affect the performance of the economic activity during its expected lifetime

    OBJECTIVE 9. CLIMATE SMART FORESTRY

    Performance Measure 9.1 Certified Organizations shall individually and/or through cooperative efforts involving SFI Implementation Committees or other partners identify and address the climate change risks to forests and forest operations and develop appropriate adaptation objectives and strategies. Strategies are based on best scientific information.

    Indicator 1. Based on best scientific information, Certified Organizations shall identify climate change risks and prioritize them based on the likelihood, nature, severity of their expected impact to their forest lands or forest tenures.

    1

  • 2) Identification of physical climate risks that are material to the activity, performing climate risk and vulnerability assessment

    2.2) Implementing a climate risk and vulnerability assessment to assess the materiality of the physical climate risks on the economic activity

    OBJECTIVE 9. CLIMATE SMART FORESTRY

    Performance Measure 9.1 Certified Organizations shall individually and/or through cooperative efforts involving SFI Implementation Committees or other partners identify and address the climate change risks to forests and forest operations and develop appropriate adaptation objectives and strategies. Strategies are based on best scientific information.

    Indicator 1. Based on best scientific information, Certified Organizations shall identify climate change risks and prioritize them based on the likelihood, nature, severity of their expected impact to their forest lands or forest tenures.

    1

  • 2) Identification of physical climate risks that are material to the activity, performing climate risk and vulnerability assessment

    2.3) An assessment of adaptation solutions that can reduce the identified physical climate risk

    OBJECTIVE 9. CLIMATE SMART FORESTRY

    Performance Measure 9.1 Certified Organizations shall individually and/or through cooperative efforts involving SFI Implementation Committees or other partners identify and address the climate change risks to forests and forest operations and develop appropriate adaptation objectives and strategies. Strategies are based on best scientific information.

    Indicator 2. Certified Organizations shall develop an adaptation plan to address priority climate change risks, via effective implementation of the SFI 2022 Forest Management Standard requirements for potential adaptive management including: a. periodic updates of forest inventory and recalculation of planned harvests as appropriate to account for changes in growth due to productivity increases or decreases, including improved data, long-term drought, fertilization, climate change, or forest health; b. access to growth and yield modeling capabilities; c. documented harvest trends within long-term sustainable levels identified in the forest management plan, and d. appropriate research, testing, evaluation, and deployment of improved planting stock, including varietal seedlings.

    Indicator 3. Certified Organizations shall document how their adaptation plan objectives and strategies fit within broader regional climate adaptation strategies and plans, where they exist.

    2