STOCK TITAN

International Paper Strengthens Commitment to Nature With $15.3 Million Investment in Conservation Partnerships

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
partnership

International Paper (IP) has announced a $15.3 million investment to renew strategic alliances with key conservation partners, including the American Forest Foundation, National Fish and Wildlife Foundation, The Nature Conservancy, and World Wildlife Fund. This investment supports IP's Vision 2030 goal to conserve and restore 1 million acres of ecologically significant forestland.

Key initiatives include:

  • Expansion of the Family Forest Carbon Program in Central Appalachia and the Southeastern U.S.
  • Extension of the Forestland Stewards Partnership, which has already conserved 1.6 million acres of southern forestlands
  • Advancement of sustainable forestry practices in the U.S. and Mexico
  • Support for the WWF's Forests Forward program, addressing issues like heirs' property preservation

These partnerships aim to enhance sustainability across IP's value chain, scale impact, and drive positive change for people and the planet.

International Paper (IP) ha annunciato un investimento di 15,3 milioni di dollari per rinnovare le alleanze strategiche con importanti partner per la conservazione, inclusi l'American Forest Foundation, il National Fish and Wildlife Foundation, The Nature Conservancy e il World Wildlife Fund. Questo investimento sostiene l'obiettivo di IP Vision 2030 di conservare e ripristinare 1 milione di acri di foreste ecologicamente significative.

Le iniziative principali includono:

  • Espansione del Family Forest Carbon Program nel Centro Appalacchio e nel sud-est degli Stati Uniti.
  • Estensione del Forestland Stewards Partnership, che ha già conservato 1,6 milioni di acri di foreste meridionali.
  • Avanzamento delle pratiche di silvicoltura sostenibile negli Stati Uniti e in Messico.
  • Supporto al programma Forests Forward del WWF, che affronta questioni come la preservazione della proprietà ereditaria.

Queste collaborazioni mirano a migliorare la sostenibilità lungo la catena del valore di IP, espandere l'impatto e favorire un cambiamento positivo per le persone e il pianeta.

International Paper (IP) ha anunciado una inversión de 15.3 millones de dólares para renovar alianzas estratégicas con socios clave en conservación, incluyendo la American Forest Foundation, el National Fish and Wildlife Foundation, The Nature Conservancy y el World Wildlife Fund. Esta inversión apoya el objetivo de IP Vision 2030 de conservar y restaurar 1 millón de acres de tierras forestales ecológicamente significativas.

Las iniciativas clave incluyen:

  • Expansión del Family Forest Carbon Program en los Apalaches Centrales y el sureste de EE.UU.
  • Extensión del Forestland Stewards Partnership, que ya ha conservado 1.6 millones de acres de bosques del sur.
  • Avance en prácticas de silvicultura sostenible en EE.UU. y México.
  • Apoyo al programa Forests Forward del WWF, que aborda problemas como la preservación de la propiedad hereditaria.

Estas asociaciones tienen como objetivo mejorar la sostenibilidad a lo largo de la cadena de valor de IP, ampliar el impacto y generar un cambio positivo para las personas y el planeta.

International Paper (IP)는 1530만 달러의 투자를 발표하며 American Forest Foundation, National Fish and Wildlife Foundation, The Nature Conservancy, World Wildlife Fund와 같은 주요 보존 파트너들과의 전략적 동맹을 갱신하고 있습니다. 이 투자는 IP의 비전 2030 목표인 100만 에이커의 생태적으로 중요한 산림을 보존하고 복원하기를 지원합니다.

주요 이니셔티브에는 다음이 포함됩니다:

  • 중부 애팔래치아 및 동남부 미국에서의 Family Forest Carbon Program 확장.
  • 이미 160만 에이커의 남부 산림을 보존한 Forestland Stewards Partnership의 연장.
  • 미국과 멕시코에서 지속 가능한 산림 관행의 발전.
  • 상속 재산 보존과 같은 문제를 다루는 WWF의 Forests Forward 프로그램 지원.

이러한 파트너십은 IP의 가치 사슬 전반에 걸쳐 지속 가능성을 향상시키고, 영향을 확대하며, 사람과 지구를 위한 긍정적인 변화를 이끌어내기 위한 것입니다.

International Paper (IP) a annoncé un investissement de 15,3 millions de dollars pour renouveler des alliances stratégiques avec des partenaires clés de la conservation, notamment l'American Forest Foundation, le National Fish and Wildlife Foundation, The Nature Conservancy et le World Wildlife Fund. Cet investissement soutient l'objectif de Vision 2030 d'IP d'conserver et restaurer 1 million d'acres de forêts écologiquement significatives.

Les initiatives clés comprennent :

  • Extension du Family Forest Carbon Program dans les Appalaches centrales et le sud-est des États-Unis.
  • Extension du Forestland Stewards Partnership, qui a déjà conservé 1,6 million d'acres de forêts du sud.
  • Avancement des pratiques de sylviculture durable aux États-Unis et au Mexique.
  • Soutien au programme Forests Forward du WWF, qui aborde des questions telles que la préservation des propriétés héritées.

Ces partenariats visent à améliorer la durabilité tout au long de la chaîne de valeur d'IP, à accroître l'impact et à favoriser un changement positif pour les personnes et la planète.

International Paper (IP) hat eine Investition von 15,3 Millionen US-Dollar angekündigt, um strategische Allianzen mit wichtigen Partnern im Naturschutz, einschließlich der American Forest Foundation, der National Fish and Wildlife Foundation, The Nature Conservancy und des World Wildlife Fund, zu erneuern. Diese Investition unterstützt IPs Ziel für Vision 2030, 1 Million Acres ökologisch bedeutender Waldflächen zu erhalten und wiederherzustellen.

Zu den wichtigsten Initiativen gehören:

  • Erweiterung des Family Forest Carbon Program in den zentralen Appalachen und im Südosten der USA.
  • Ausweitung der Forestland Stewards Partnership, die bereits 1,6 Millionen Acres südlicher Waldflächen geschützt hat.
  • Förderung nachhaltiger Forstwirtschaftspraktiken in den USA und Mexiko.
  • Unterstützung des Forests Forward-Programms des WWF, das sich mit Fragen wie der Erhaltung von Erbenbesitz beschäftigt.

Diese Partnerschaften zielen darauf ab, die Nachhaltigkeit in der gesamten Wertschöpfungskette von IP zu verbessern, die Wirkung zu skalieren und positive Veränderungen für Menschen und den Planeten voranzutreiben.

Positive
  • Investment of $15.3 million in conservation partnerships
  • Commitment to conserve and restore 1 million acres of ecologically significant forestland
  • Expansion of Family Forest Carbon Program to new regions
  • Extension of Forestland Stewards Partnership with $10 million commitment over five years
  • Advancement of sustainable forestry practices beyond traditional supply chain
Negative
  • None.

Insights

International Paper's $15.3 million investment in conservation partnerships is a significant step towards sustainable forestry practices. This commitment aligns with the growing trend of corporate environmental responsibility and could potentially enhance IP's reputation among environmentally conscious consumers and investors.

The focus on conserving and restoring 1 million acres of ecologically significant forestland by 2030 is ambitious but achievable given the company's track record. The Forestland Stewards Partnership has already conserved 1.6 million acres since 2013, demonstrating IP's capability to meet large-scale conservation goals.

The company's involvement in carbon markets through the Family Forest Carbon Program is particularly noteworthy. This initiative not only supports small forest owners but also positions IP favorably in the growing carbon offset market, potentially creating new revenue streams while mitigating climate change impacts.

International Paper's renewed partnerships demonstrate a strategic approach to sustainability that goes beyond mere corporate social responsibility. By integrating conservation efforts into its business model, IP is addressing key risks associated with resource scarcity and climate change regulations.

The company's focus on responsible sourcing and support for historically disenfranchised landowners through the WWF Forests Forward program showcases a forward-thinking approach to supply chain management. This strategy could help mitigate potential supply disruptions and reputational risks associated with land rights issues.

However, investors should note that while these initiatives are positive for long-term sustainability, they require significant upfront investment. The $15.3 million commitment, including a $10 million pledge to NFWF, may impact short-term profitability. The long-term benefits in terms of brand value, operational efficiency and risk mitigation likely outweigh these costs.

MEMPHIS, TN / ACCESSWIRE / September 5, 2024 / International Paper (IP) reaffirms its dedication to conserving forest ecosystems, nature and biodiversity with a $15.3 million investment to renew strategic alliances with key conservation partners, including the American Forest Foundation (AFF), National Fish and Wildlife Foundation (NFWF), The Nature Conservancy (TNC) and World Wildlife Fund (WWF). These collaborations are pivotal to IP's business strategy and Vision 2030 goal to conserve and restore 1 million acres of ecologically significant forestland.

Experience the interactive Multimedia News Release here: https://www.multivu.com/players/English/9283251-international-paper-conservation-partnerships-strengthens-commitment-to-nature/

"International Paper's success depends on the sustainability of forests - and so does the future of our planet," said Sophie Beckham, vice president and chief sustainability officer, International Paper. "Renewing these strategic partnerships underscores our commitment to positively impact nature while delivering low-carbon, sustainable, fiber-based products to our customers."

Among these partnerships, IP's collaboration with AFF has been key through the Family Forest Carbon Program (FFCP). Developed by AFF and TNC, this program facilitates family forest owners' access to climate finance from carbon markets. Supported by IP, the FFCP has expanded significantly in the Central Appalachian area and is set to launch activities in the Southeastern U.S., focusing on afforestation and improved forest management practices. IP's ongoing support allows the FFCP to invest in critically important applied research to identify which forests provide the most additional carbon mitigation when they enroll in the program.

The Forestland Stewards Partnership (FSP) with NFWF, extended in 2022 with a $10 million commitment over five years. Launched in 2013, FSP has successfully established, enhanced or conserved more than 1.6 million acres of iconic southern forestlands. Focused on longleaf pine and bottomland hardwood restoration, this partnership aims to further wildlife conservation and sustainable forestry practices in the Southeastern U.S.

Since 2018, IP's collaboration with TNC has led to advancements in sustainable forestry practices. This work reaches beyond IP's traditional supply chain to identify natural climate solutions that can be replicated in forests around the world. With the first two phases complete, IP renewed its partnership to scale up efforts towards responsible forestry, carbon sequestration and biodiversity monitoring in the Central Appalachian region of the U.S. and in Mexico.

Additionally, as one of the first five companies to join WWF's Forests Forward program, IP is taking action on responsible sourcing and aiding efforts in priority sourcing regions to support nature, climate and people. The latest collaboration involves helping local partners in the Mobile Basin of Mississippi and Alabama address a critical issue: the preservation of heirs' property. The initiative provides legal services, assistance and resources to help historically disenfranchised Black landowners retain generational land and conserve working forests.

"These partnerships are essential for enhancing sustainability across our value chain," noted Beckham. "By collaborating with AFF, NFWF, TNC and WWF, International Paper will scale our impact, learn from trusted partners, and drive positive change for people and the planet."

For more information about all of IP's longstanding partnerships, please visit our website or IP's 2023 Sustainability Report.

About The Nature Conservancy (TNC)
Guided by science, we create innovative, on-the-ground solutions to our world's toughest challenges so that nature and people can thrive together. We are tackling climate change, conserving lands, waters and oceans at an unprecedented scale, providing food and water sustainably and helping make cities more sustainable. The Nature Conservancy is working to make a lasting difference around the world in 77 countries and territories (41 by direct conservation impact and 36 through partners) through a collaborative approach that engages local communities, governments, the private sector, and other partners. To learn more, visit nature.org.

About The American Forest Foundation (AFF)
The American Forest Foundation is a national conservation organization that empowers family forest owners to make meaningful conservation impact. The organization's flagship program, the Family Forest Carbon Program, helps landowners implement forest management practices to protect the health of their woodlands and help the planet. To learn more about the American Forest Foundation and the Family Forest Carbon Program, visit www.forestfoundation.org/carbon.

About the National Fish and Wildlife Foundation (NFWF)
Chartered by Congress in 1984, the National Fish and Wildlife Foundation (NFWF) protects and restores the nation's fish, wildlife, plants and habitats. Working with federal, corporate, foundation and individual partners, NFWF has funded more than 6,800 organizations and generated a total conservation impact of more than $10 billion. NFWF is an equal opportunity provider. Learn more at nfwf.org.

About World Wildlife Fund (WWF)
WWF is one of the world's leading conservation organizations, working for 60 years in nearly 100 countries to help people and nature thrive. With the support of 1.3 million members in the United States and more than 5 million members worldwide, WWF is dedicated to delivering science-based solutions to preserve the diversity and abundance of life on Earth, halt the degradation of the environment, and combat the climate crisis. Visit worldwildlife.org to learn more; follow @WWFNews on Twitter to keep up with the latest conservation news; and sign up for our newsletter and news alerts here.

About International Paper
International Paper (NYSE: IP) is a global producer of sustainable packaging, pulp and other fiber-based products, and one of the world's largest recyclers. Headquartered in Memphis, Tenn., we employ approximately 39,000 colleagues globally who are committed to creating what's next. We serve customers worldwide, with manufacturing operations in North America, Latin America, North Africa and Europe. Net sales for 2023 were $18.9 billion. Additional information can be found by visiting internationalpaper.com/.

View additional multimedia and more ESG storytelling from International Paper Company on 3blmedia.com.

Contact Info:
Spokesperson: International Paper Company
Website: https://www.3blmedia.com/profiles/international-paper-company
Email: info@3blmedia.com

SOURCE: International Paper Company



View the original press release on accesswire.com

FAQ

What is International Paper's $15.3 million investment aimed at?

International Paper's $15.3 million investment is aimed at renewing strategic alliances with key conservation partners to support their Vision 2030 goal of conserving and restoring 1 million acres of ecologically significant forestland.

How many acres has the Forestland Stewards Partnership (FSP) conserved since its launch in 2013?

The Forestland Stewards Partnership (FSP) has successfully established, enhanced or conserved more than 1.6 million acres of iconic southern forestlands since its launch in 2013.

What is International Paper's (IP) collaboration with The Nature Conservancy (TNC) focused on?

International Paper's collaboration with The Nature Conservancy is focused on advancing sustainable forestry practices, responsible forestry, carbon sequestration, and biodiversity monitoring in the Central Appalachian region of the U.S. and in Mexico.

How is International Paper (IP) supporting the WWF's Forests Forward program?

As one of the first five companies to join WWF's Forests Forward program, International Paper is taking action on responsible sourcing and aiding efforts in priority sourcing regions to support nature, climate and people, including helping preserve heirs' property in the Mobile Basin of Mississippi and Alabama.

International Paper Co.

NYSE:IP

IP Rankings

IP Latest News

IP Stock Data

18.68B
342.37M
0.43%
106.04%
14.82%
Packaging & Containers
Paper Mills
Link
United States of America
MEMPHIS