Faber-Castell has long exhibited a positive balance sheet in that respect. In the early 1980s, the world’s largest manufacturer of wood-cased pencils took steps to assure a supply of environmentally compatible timber and initiated the reforestation of 10,000 hectares of pine forest in the state of Minas Gerais in the south-east of Brazil. The company-owned woodland and associated sawmill created some 500 jobs in a region that had previously also been largely given over to cattle grazing. The forests have been granted the FM (forest management) seal of quality by the Forest Stewardship Council (FSC); they absorb many times the amount of carbon dioxide that the company generates in all its 14 production sites world-wide. At the same time, the woods are home to numerous plant and animal species, some of them threatened with extinction.