Olympic Industries
Timeline Team Business FCTG
Career Opportunities Working at Olympic
Sustainability Corporate Responsibility Innovation
Understanding soft wood lumber markets through data analysis
Sustainable forestry in British Columbia

Sustainability

Olympic Industries is proud to trade in a resource that is naturally sustainable and environmentally friendly. Managed responsibly, our forests provide economic, social and environmental benefits to communities around the globe. We work hard to ensure that the wood products that we trade in are sourced from properly managed forests to ensure the vitality of the industry for generations to come.

Used for thousands of years, wood is the original high-performance material for building projects of all shapes and sizes. Highly durable, strong and long-lasting, builders have turned to wood because of its unique qualities, beauty and versatility. Responsibly sourced wood is the one and only renewable building material on our planet. It acts as a natural purifier, removing CO2 from the atmosphere and

storing the carbon that the growing trees have removed from the air. The production and processing of wood products uses much less energy than other building materials, giving them a significantly lower carbon footprint than materials like concrete and steel.

Wooden buildings that have stood for hundreds of years offer a physical testimony to the performance of wood and the skills of those who work and build with it. We are honoured to play a part in this legacy.

The Wood Innovation and Design Centre Prince George, BC
The Wood Innovation and Design Centre Prince George, BC
North America's Sustainable forest management annual harvest in square kilometres ↓
Total Area of British Columbia 944,735 km² Forested Land 550,000 km² Available Land for Harvesting 220,000 km² Annual Timber Harvested 2,000 km²

The United States and Canada are world leaders in forest management practices. With more than 480 million acres, these two countries represent more than half of the world’s certified forests.

Certified forests are inspected annually to ensure that global best practices of responsible forest management are being adhered to. These standards include protections for wildlife habitat, water/soil resources and numerous other environmental safeguards.

Source: Naturally Wood

Corporate Responsibility

At Olympic, our commitment to supporting sustainable forest operations is a core part of our value system. We also understand that our actions in the marketplace carry a significant level of responsibility. We take an active role in ensuring that the mills and customers that we work with share these values so that our forests can continue to be productive and ethically managed. With the growing uncertainty surrounding the future of our plant’s environmental health, it is critical that we do our part to protect and sustain healthy forest that can provide employment opportunities, economic stimulation and shelter for future generations.

The vision for the future of our company includes a dedication to innovation and exploration of how we can balance environmental, social and economic values in the communities and regions where we operate. We’re proud of our achievements, and welcome the continual challenges and opportunities to make our planet better for everyone.

Olympic Industries is proud to be PEFC certified, ensuring our forest management activities are aligned with best practices for environmental, social and economic impact.

  • 325 million hectares of forests globally are PEFC-certified
  • 750,000 forest owners are PEFC-certified globally
  • 20,000 companies in the world benefit from PEFC Chain of Custody certification
Hectares certified under forest management practices ↓
Russia USA Australia Sweden Finland Belarus Poland Brazil Germany France Canada 0 20 40 60 80 100 120 140 160 180 168 56 47 28 24 18 17 14 9 9 8

Canada is a world leader in the independent certification of forest management practices, and has more certified lands than any other country. At a time when just 10% of the world’s forests are certified, Canada is home to more than 37% of all certified lands.

Source: Dovetail Partners using the Athena Eco-Calculator (2014)
Values in millions of hectares

Innovation

With architects, builders and developers facing the stark realities of climate change, there is a dire need for sustainable design and construction methodologies. In our industry, this crisis is being met head on through innovations in the field of mass timber construction.Largely ignored as a viable structural material in the age of modernism, recent years have seen numerous advancements related to mass timber across the globe. Modern timber structures are now able to reach the same scale and height of buildings constructed

with traditional concrete forms or steel superstructures. This shift in thinking has potential for mass timber to become the dominant material and hope for a sustainable future.

Given the unique position of Olympic, working with both the end users and producers of wood products, we work to positively influence change and champion the usage of timber products as the key to the sustainable cities of the future.

Embodied effects relative to the wood’s carbon footprint across all measures ↓
0 1 2 3 4 5 6 GWP Acidification Eutrophication Ozone Depletion Smog Potential Fossil Energy Resource Use

Wood is the only structural building material with third-party certification systems in place to verify that products have come from a sustainably managed resource. he chart below showcases that wood has a lighter carbon footprint than other common building materials and is much less greenhouse gas intensive on a life cycle basis.

Source: Dovetail Partners using the Athena Eco-Calculator (2014)
Normalized to wood = 0.75
Audain Art Gallery Whistler, BC