Peak Renewables aims to promote the use of renewable energy, reduce wood waste and decrease greenhouse gas emissions. The use of woody biomass as a replacement for fossil fuels is a driving force to improve forest utilization, facilitate regeneration of the forest, reduce the risk of wildfire, reduce carbon emissions, and improve the balance of trade. To help implement and achieve our sustainability and climate objectives, Peak Renewables has developed and embraced programs and documented procedures to guide its fiber procurement and sustainable biomass practices. 

Peak Renewables is dedicated to achieving and maintaining certification to the Sustainable Biomass Program (SBP) and the Programme for the Endorsement of Forest Certification (PEFC) (License PEFC/29-31-474) chain of custody standards.

Peak Renewables will rigorously comply with applicable US and Canadian federal, state, provincial and local environmental, social, and health and safety laws and regulations. This includes compliance with the applicable European Union (EU) market requirements including the due diligence and mass balancing of feedstock/wood pellets in compliance with the Renewable Energy Directive II (RED II) and the EU Deforestation Regulation (EUDR).

Peak Renewables is committed to sourcing wood fiber from legal, sustainable local sources and to promoting  the principles of sustainable forest management and development.  To this end, Peak Renewable is committed to partnering with Indigenous and rural communities to create, plan and develop renewable resource sources to create social and economic prosperity.   Peak Renewable’s fibre supply plan is founded on the principle of “the right log to the right mill”, which is to say that harvested fibre will be directed to the facility that can make the highest and best use for that log and Peak Renewables will use harvest residuals and low value biomass in its production.  Further, Peak Renewables will be vigilant to avoid controversial sources as defined by PEFC.

Controversial sources, as defined by PEFC are:

1. Activities not complying with applicable local, national or international legislation on forest management, including but not limited to forest management practices; nature and environmental protection; protected and endangered species; property, tenure and land-use rights for indigenous peoples, local communities or other affected stakeholders; health, labour and safety issues; anti-corruption and the payment of applicable royalties and taxes.
2. Activities where the capability of forests to produce a range of wood and non-wood forest products and services on a sustainable basis is not maintained or harvesting levels exceed a rate that can be sustained in the long term.
3. Activities where forest management does not contribute to the maintenance, conservation or enhancement of biodiversity on landscape, ecosystem, species or genetic levels.
4. Activities where ecologically important forest areas are not identified, protected, conserved or set aside.
5. Activities where forest conversions occur, in other than justified circumstances where the conversion:
   1. complies with national and regional policy and legislation applicable for land use and forest management, and
   1. does not have negative impacts on ecologically important forest areas, culturally and socially significant areas, or other protected areas, and
   1. does not destroy areas of significantly high carbon stock, and
   1. contributes to long-term conservation, economic, and/or social benefits.
6. Activities where the spirit of the ILO Declaration on Fundamental Principles and Rights at Work (1998) is not met.
7. Activities where the spirit of the United Nations Declaration on the Rights of Indigenous Peoples (2007) is not met.
8. Conflict timber.
9. Genetically modified trees

Peak Renewables will annually review the effectiveness of its Sustainable Biomass Policy, chain of custody and responsible sourcing programs to continually improve its wood procurement systems and fibre supply plan and to ensure legal and regulatory compliance.   

Corey Woolard, CEO

Peak Renewables

08/12/23