Abstract

In this paper, the feasibility of using stakeholder approaches to assess forest management practices is examined. The paper focuses on two such approaches: the idea of ethical accounting developed for livestock farming, and the so-called ethical matrix. More extensive accounting is needed in forestry. The public is increasingly sensitive to, and aware of, the broader impact of forest management, not only on human welfare but also on environmental values such as nature conservation and biodiversity. Green accounting is being used to assess the environmental effects of forestry. In a broader approach such as ethical accounting as developed for livestock farming, both the purpose and the type of use that is being made of the forest must be examined. It is also necessary to ask which visible or invisible stakeholders are to be included. However, it is important to note that the adoption of stakeholder approaches does not remove the need to reflect on one's fundamental ethical position. In fact, one must critically consider one's basic values before applying these approaches to forestry.