We manage three-thousand hectares of commercial and conservation forestry, which is the largest forestry project managed by any corporate company in Sri Lanka. These forest plantations and reservations are the main sources of our highly credible positive carbon footprint which absorb more carbon than the we emit through our activities.
Our commercial forest plantations are grown to supply renewable energy for fifteen of our tea factories that produce some of the world's best tea. Finlays' ‘Five Year Forestry Management Plan’ is approved by the Department of Forestry and the Ministry of Plantation Industries of the Government of Sri Lanka to ensure the sustainable management of the resources.
The Forestry Division of Finlays Tea Estates is equipped with GPS (Global Positioning System) and GIS (Geographical Information System) technologies to ensure the high standards of our forest resource management are in line with global Finlays standards.
The majority of our commercial forest plantations consist of two major species, Eucalyptus Grandis and Acacia Mangium. In our Eucalyptus Grandis plantations, firewood is harvested every eight years, leaving selected trees for future timber crops using the forest management method (Silviculture method) known as coppice with standards. Acacia Mangium is mainly grown for firewood requirements and harvested at eight year intervals for coppice management.
We also have a considerable stock of Teak (Tectona Grandis), Mahogany (Swetania Macrophylla) Silvery Oak (Gravellia Robusta) and Albizia (Albizia spp.) inter-planted with tea.
We produce 900,000 kgs per annum of Eucalyptus and 35,000 kgs per annum of Cyprus.