The South African Forestry Company SOC Limited (SAFCOL)ABC of BEE
About The South African Forestry Company SOC Limited (SAFCOL)
The South African Forestry Company SOC Limited (SAFCOL) is the largest forestry state owned Forestry Company in Africa. The company is primarily involved in the forestry industry with operations in Limpopo, Mpumalanga, KwaZulu-Natal, as well as in the Manica and Sofala Provinces of Mozambique.
SAFCOL is self-funded with an unencumbered balance sheet. The Company achieved 87% performance on financial and commercial sustainability against set targets in the Shareholder Compact in the financial year 2016/17. SAFCOL also commercially manages biological assets with a total value of R3.86 billion.
SAFCOL is the largest grower and supplier of high quality pine sawlogs in South Africa, with a special focus on larger diameter logs. The Company is a leader in the supply of high quality pine pruned log and veneer material in South Africa.
In addition to the forestry operations, SAFCOL also manages the following:
- A world class research and development center in Sabie (Mpumalanga province).
- A Nursery producing more than 10 million seedling cuttings per annum as a pipeline for planting, also situated in Sabie.
- A sawmill near Thohoyandou (Limpopo Province) which processes SABS-graded and certified lumber for use in construction.
- Several eco-tourism sites (which includes beautiful waterfalls, hiking trails and picnic spots) along the Pararoma route in Mpumalanga, and a forestry lodge in Belfast.
A catalyst for rural development
SAFCOL plays a catalytic role in realising Government’s rural development and economic transformation goals. The Company manages a commercially viable business whilst also delivering on the developmental agenda of Government. About 30 000 people benefit from Corporate Social Investment programmes through job creation which include (but is not limited to) small business support interventions and other public social infrastructure such as the construction of schools, clinics and early childhood development centres. With that said, SAFCOL subscribes fully to the Government’s Socio-Economic Developmental programmes which includes Broad-Based Black Economic Empowerment, Housing, Environmental Awareness, Health Care, Social Security and Education.
SAFCOL is advocating for the use of timber-frame structures as a sustainable and green approach to housing. To date, SAFCOL has provided quality timber frame structures for communities adjacent to its plantations in Limpopo, Mpumalanga and Kwa-Zulu Natal provinces. Timber structures can endure most weather conditions, irrespective of geographical location. Timber structures are quick to erect, energy efficient, environmentally sound, and structurally safe and above all, aesthetically pleasing. Timber buildings are extremely energy efficient due to its natural insulation properties, resulting in a decrease of fossil fuel heating requirements which can result in lower electricity bills.
Commitment to the environment:
SAFCOL adheres to international and national environmental practices. The Group aims to enforce sound environmental management systems through monitoring of environmental impacts and land use, and subsequently conserving all non-commercial areas as well as natural heritage sites. The forests managed by Komatiland Forests (a subsidiary of SAFCOL) are 100% Forest Stewardship Council® (FSC®) certified (FSC – C013832 – Forest Management and FSC –C007806 – Chain of Custody) for the past 21 years – confirming Komatiland Forests commitment to responsible forest management.