By Business Wirevia The Motley Fool
Filed under: Investing
Dogwood Alliance and International Paper Find Common Ground
Work to Focus on Forest Conservation in Southeastern United States
MEMPHIS, Tenn.–(BUSINESS WIRE)– International Paper, the world’s largest paper company and Dogwood Alliance, one of the Southern United States leading forest conservation organizations, announced an agreement today that will help advance science based forestry improvements in the world’s largest paper producing region. The former foes will map forests around International Paper‘s southeastern operations to identify whether any endangered forests or high conservation value areas exist. This mapping will help ensure that IP is not sourcing from any endangered forests as per its long-standing company policy and will also identify mutually-agreed upon areas where conservation can be focused. In addition, IP and Dogwood Alliance will work together to discourage the conversion of natural hardwood forests to pine plantations.
This collaboration builds on initiatives recently announced by International Paper. The first is IP‘s membership in the World Wildlife Fund’s Global Forest & Trade Network in North America. Additionally, IP announced a $7.5 million five-year project with the National Fish and Wildlife Foundation to restore and conserve forests in the Coastal Carolinas, Cumberland Plateau and Texas/Arkansas Piney Woods regions. Finally, IP announced an increase in its sourcing of Forest Stewardship Council certified fiber by more than 1.2 million tons during the past five years, and expects to triple that increase by the end of 2014. The company continues to support multiple certification standards as part of its public goal of increasing certified fiber.
“IP has a clear, built in need to maintain healthy forests; our business creates the economic basis for millions of acres of land to remain as forests over long periods of time,” said Teri Shanahan, International Paper‘s vice president of Sustainability. “Engaging with our critics is an important part of our process of continuous improvement. We look forward to working with Dogwood, because it’s clear that, although we approach it from markedly different perspectives, they are as passionate about the forests as we are.”
“IP‘s leadership on FSC certification and its recently-announced commitment to fund conservation in regions that have long been a priority for us opened the door for transitioning our formerly adversarial relationship to one of collaboration,” said Danna Smith, Executive Director of Dogwood Alliance. “We are pleased to work with IP on these initiatives, that, when combined with our collaborative effort, set a
Source: FULL ARTICLE at DailyFinance

