Nip Impressions logo
Wed, Dec 25, 2024 08:23
Visitor
Home
Click here for Pulp & Paper Radio International
Subscription Central
Must reads for pulp and paper industry professionals
Search
My Profile
Login
Logout
Management Side
Molpus Woodlands Group Showcases Commitment to Sustainability with Release of Third Annual Sustainability Report

RIDGELAND, Miss. (News release) -- The Molpus Woodlands Group, LLC (Molpus), a leading timberland investment management organization, is pleased to announce the publication of its third annual sustainability report . This report highlights the company's continued dedication to sustainable forest management and environmental stewardship.

Key Highlights of the 2023 Sustainability Report:

  1. Forest Stewardship: Molpus is committed to sustainable forest management practices. All of Molpus' forests are certified to the Sustainable Forestry Initiative (SFI®) and, where beneficial, are dual certified to the Forest Stewardship Council (FSC®).
  2. Nature-Based Climate Solutions: The report underscores Molpus' role in mitigating climate change through sustainable forestry. With examples such as nearly 400,000 acres under conservation easements and 324.4 million tCO2e in forest carbon stores in the Molpus forestry portfolio, Molpus' efforts are important in carbon sequestration and maintaining healthy forest ecosystems.
  3. Support for UN Sustainable Development Goals (SDGs): Molpus directly supports 10 of the 17 UN SDGs, focusing on areas such as clean water and sanitation, decent work and economic growth, responsible consumption and production, and climate action. The report highlights Molpus' alignment with these goals through its various initiatives and practices.
  4. Expanding Educational Support: The Molpus Woodlands Group Annual Scholarship Program has been expanded to include partnerships with 10 universities. These scholarships aim to foster diversity within the forestry management profession and support students in related fields such as forestry, GIS, paralegal studies, and business.
  5. Innovative Forest Management Practices: The report showcases Molpus' use of state-of-the-art technology and collaboration with industry, conservationists, and academics to advance sustainable forest management. This includes the deployment of GIS, satellite imaging, and proprietary systems for forest inventory and planning.
  6. Governance and Transparency: Molpus' governance practices ensure ethical conduct, regulatory compliance, and continuous improvement. The company's submission of annual reports to the UN PRI and SFI, alongside third-party audits, reinforces its dedication to transparency and accountability.

"On behalf of the entire Molpus team, I am proud to share our 2023 Sustainability Report. It reflects our unwavering commitment to creating a sustainable future for our investors, communities, and the environment," said Terrell Winstead, President and CEO of Molpus Woodlands Group. "We believe that sustainable forest management is not only essential for environmental health but also a smart investment strategy that delivers long-term value."

For more information and to download the full 2023 Sustainability Report, please visit https://www.molpus.com/esg/annual-esg-policy-publications/.

Ensure up to 50,000 Pulp and Paper professionals see your company as they search this directory.


Printer-friendly format

 





Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: