Forest management

Stora Enso publishes its Annual Report 2023

Retrieved on: 
Tuesday, February 13, 2024

HELSINKI, Feb. 13, 2024 /PRNewswire/ -- Stora Enso's Annual Report 2023 is published today at storaenso.com/annualreport. The report includes a strategy review, sustainability reporting, corporate governance, remuneration report and financial report.

Key Points: 
  • HELSINKI, Feb. 13, 2024 /PRNewswire/ -- Stora Enso's Annual Report 2023 is published today at storaenso.com/annualreport .
  • The report includes a strategy review, sustainability reporting, corporate governance, remuneration report and financial report.
  • Stora Enso publishes its annual financial statements in accordance with the European Single Electronic Format (ESEF) reporting requirements.
  • Stora Enso has approximately 20,000 employees and Group sales in 2023 of EUR 9.4 billion.

Stora Enso publishes its Annual Report 2023

Retrieved on: 
Tuesday, February 13, 2024

HELSINKI, Feb. 13, 2024 /PRNewswire/ -- Stora Enso's Annual Report 2023 is published today at storaenso.com/annualreport. The report includes a strategy review, sustainability reporting, corporate governance, remuneration report and financial report.

Key Points: 
  • HELSINKI, Feb. 13, 2024 /PRNewswire/ -- Stora Enso's Annual Report 2023 is published today at storaenso.com/annualreport .
  • The report includes a strategy review, sustainability reporting, corporate governance, remuneration report and financial report.
  • Stora Enso publishes its annual financial statements in accordance with the European Single Electronic Format (ESEF) reporting requirements.
  • Stora Enso has approximately 20,000 employees and Group sales in 2023 of EUR 9.4 billion.

PULP AND PAPERWORKERS' RESOURCE COUNCIL WORKERS VISIT CAPITOL HILL TO DISCUSS POLICIES IMPACTING MANUFACTURING JOBS, LOCAL COMMUNITIES AND THE ENVIRONMENT

Retrieved on: 
Friday, February 2, 2024

Forests sequester carbon, and this is where our industry finds our renewable natural resources that support family wage jobs and local businesses.

Key Points: 
  • Forests sequester carbon, and this is where our industry finds our renewable natural resources that support family wage jobs and local businesses.
  • We support policies that encourage economic growth, an abundant and sustainable fiber supply and sensible science-based environmental policies.
  • We are people dedicated to conserving the environment while taking into account the economic stability of the workforce and surrounding community.
  • For more information and to see the PPRC Position Summary papers from 2024, please visit www.thepprc.org .

Manulife Investment Management Publishes Inaugural TNFD Aligned Nature-related Disclosure for Timberland and Agriculture

Retrieved on: 
Thursday, January 18, 2024

TORONTO, Jan. 18, 2024 /PRNewswire/ - Manulife Investment Management (Manulife IM) announced it has published its inaugural timberland and agriculture nature disclosure , aligned with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD) .

Key Points: 
  • TORONTO, Jan. 18, 2024 /PRNewswire/ - Manulife Investment Management (Manulife IM) announced it has published its inaugural timberland and agriculture nature disclosure , aligned with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD) .
  • As an early supporter of TNFD, Manulife IM will be an early adopter with its publication of its TNFD-aligned disclosure.
  • "Although the TNFD is a recent initiative, we have maintained a longstanding commitment to the responsible stewardship of timberland and farmland for over 30 years," said Brian Kernohan, Chief Sustainability Officer, Private Markets, Manulife Investment Management.
  • Manulife Investment Management's timberland and agriculture team (then operating as Hancock Natural Resource Group) is a founding member of Leading Harvest.

Manulife Investment Management Publishes Inaugural TNFD Aligned Nature-related Disclosure for Timberland and Agriculture

Retrieved on: 
Thursday, January 18, 2024

TORONTO, Jan. 18, 2024 /PRNewswire/ -- Manulife Investment Management (Manulife IM) announced it has published its inaugural timberland and agriculture nature disclosure, aligned with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD). As an early supporter of TNFD, Manulife IM will be an early adopter with its publication of its TNFD-aligned disclosure. As the world's largest manager of natural capital, Manulife IM prioritized issuing this report, which outlines its responsible approach to the stewardship of timberland and agricultural assets.1 Manulife IM oversees approximately 5.5 million acres of timberland across the United States, Canada, New Zealand, Australia, Brazil, and Chile and manages approximately 400,000 acres of prime farmland in major agricultural regions of the United States and in Canada, Chile, and Australia. These assets total more than $15 billion as of June 30, 2023, as part of Manulife IM's comprehensive private markets strategies.

Key Points: 
  • TORONTO, Jan. 18, 2024 /PRNewswire/ -- Manulife Investment Management (Manulife IM) announced it has published its inaugural timberland and agriculture nature disclosure , aligned with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD) .
  • As an early supporter of TNFD, Manulife IM will be an early adopter with its publication of its TNFD-aligned disclosure.
  • "Although the TNFD is a recent initiative, we have maintained a longstanding commitment to the responsible stewardship of timberland and farmland for over 30 years," said Brian Kernohan, Chief Sustainability Officer, Private Markets, Manulife Investment Management.
  • Manulife Investment Management's timberland and agriculture team (then operating as Hancock Natural Resource Group) is a founding member of Leading Harvest.

Pactiv Evergreen Releases Environmental Social Governance (ESG) Report

Retrieved on: 
Thursday, November 16, 2023

LAKE FOREST, Ill., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Today, Pactiv Evergreen Inc. (NASDAQ: PTVE) released its latest Environmental, Social and Governance (“ESG”) Report, 'Packaging a Better Future,' sharing progress toward the Company’s ambitious goals in 2021 and 2022.

Key Points: 
  • LAKE FOREST, Ill., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Today, Pactiv Evergreen Inc. (NASDAQ: PTVE) released its latest Environmental, Social and Governance (“ESG”) Report, 'Packaging a Better Future,' sharing progress toward the Company’s ambitious goals in 2021 and 2022.
  • Highlights include:
    Reducing Energy Use and Emissions: Reduced Scope 1 and 2 greenhouse gas emissions by 21% from 2015 to 2022.
  • Pactiv Evergreen is committed to owning our culture of integrity and ethics, setting high standards for compliance and publishing transparent and regular ESG disclosures.
  • Our ESG progress is outlined in further detail in Pactiv Evergreen’s new Environmental, Social and Governance Report at pactivevergreen.com/sustainability and we invite you to view a video overview of our ESG Report .

Manulife Investment Management Announces Close on up to $224.5 Million in Commitments to Forest Climate Fund

Retrieved on: 
Friday, November 10, 2023

BOSTON, Nov. 10, 2023 /PRNewswire/ - Manulife Investment Management, the world's largest manager of natural capital with nearly $15 billion in assets under management in timberland and agriculture combined, today announced the initial close of Manulife Forest Climate Fund LP1,2 (FCF or the fund).

Key Points: 
  • BOSTON, Nov. 10, 2023 /PRNewswire/ - Manulife Investment Management, the world's largest manager of natural capital with nearly $15 billion in assets under management in timberland and agriculture combined, today announced the initial close of Manulife Forest Climate Fund LP1,2 (FCF or the fund).
  • Along with its affiliated offshore vehicles, the fund has secured commitments totaling up to $224.5 million towards its $500 million targeted offering.
  • "The Manulife Forest Climate Fund expands on our decades of sustainable timberland management experience and is one of the natural climate solutions we have developed to sequester carbon more intensively and drive broader impact," added Eric Cooperstrom, managing director, impact investing and natural climate solutions, Manulife Investment Management.
  • The fund will be distributed in the United States by John Hancock Investment Management Distributors LLC, member FINRA, a Manulife IM affiliate.

Enviva Reports 2Q 2023 Results and Provides Progress Update on Cost and Productivity Improvement Initiatives

Retrieved on: 
Wednesday, August 2, 2023

As a result, Greenwood is on a path to reach its target production level and cost position during fourth-quarter 2023.

Key Points: 
  • As a result, Greenwood is on a path to reach its target production level and cost position during fourth-quarter 2023.
  • Enviva continues to advance cost-reduction and productivity initiatives designed to improve the financial and operating performance of its fully contracted assets.
  • During second-quarter 2023, management was able to reduce DAP cost by approximately $3 per MT as compared to first-quarter 2023, and reduced DAP cost by $9 per MT from first-quarter 2023 to June 2023.
  • Enviva will host a webcast and conference call on Thursday, August 3, 2023 at 10:00 a.m. Eastern Time to discuss second-quarter results and the Company’s outlook.

Sustainable Forestry Initiative Announces 2023 Community Grants to Promote Forest-Focused Collaboration

Retrieved on: 
Thursday, July 27, 2023

SFI Community Grants are awarded for collaborative community-based projects, activities, and events that connect communities to forests.

Key Points: 
  • SFI Community Grants are awarded for collaborative community-based projects, activities, and events that connect communities to forests.
  • Since the SFI Community Grant Program started in 2010, SFI has awarded 118 grants totaling more than $1 million invested to foster community-building projects.
  • The 16 new grants of the 2023 program represent a record-breaking number of projects supported and more than $215,000 in total funding announced.
  • “This year’s SFI Community Grant Program allow us to live our mission to advance sustainability through forest-focused collaboration.

Kore Infrastructure partners with Tule River Economic Development Corporation with support from the California Department of Conservation to establish forest biomass to carbon-negative biofuels project

Retrieved on: 
Thursday, July 13, 2023

The project will help solve two major challenges in California: reducing the risk of catastrophic wildfires and decarbonizing transportation.

Key Points: 
  • The project will help solve two major challenges in California: reducing the risk of catastrophic wildfires and decarbonizing transportation.
  • The California Department of Conservation has awarded Kore a $500,000 grant under the Forest Biomass to Carbon-Negative Biofuels Pilot Program to develop the project.
  • Unfortunately, wildfires have become all too common in California, propelled by a changing climate and insufficient forest management practices.
  • David Shabazian, Director of California Department of Conservation said, “We congratulate Kore and look forward to our ongoing collaboration.