The Marcus Wallenberg Prize is the highest award in the field of forestry.

The Marcus Wallenberg Prize was instituted by Stora Kopparbergs Bergslags AB at its annual meeting in 1980[3] to commemorate the services rendered by Dr. Marcus Wallenberg during his long term as member and chairman of the board of directors.

Every year a selection committee decides on the recipient from nominations[4] received from academics and research organisations.

The award is awarded in the autumn of each year in Stockholm, Sweden, at a symposium consisting of lectures from the recipient and invited speakers.

The 2020 Award ceremony was postponed[5] due to the COVID-19 pandemic.