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IP Is Enhancing Responsible Fiber Procurement With ForSite(TM)

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International Paper (IP) is changing its wood procurement strategy to align with forest certification standards and assure consumers of sustainable forest management. The company has developed ForSite™, a forest mapping platform to responsibly source wood fiber from non-certified forestland in the U.S. South. ForSite™ guides IP's procurement activities to maintain or enhance environmental values and ensure safe practices for trees. This innovation demonstrates IP's commitment to transparency and advancing forest stewardship in its U.S. fiber supply chain.
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NORTHAMPTON, MA / ACCESSWIRE / December 13, 2023 / International Paper sources the majority of its wood from the U.S. South where an estimated 1.8 million families privately own most of the forestland. Most private landowners' land is not certified because of the general view that the benefit is not worth the cost and effort. Because of this, IP needed to change our procurement strategy and due diligence to demonstrate alignment with forest certification standards while meeting the expectations of our customers and assuring consumers that active forest management is sustainable.

https://www.3blmedia.com/sites/default/files/2023-12/responsiblefiber_InternationalPaper_121323.mp4

With this in mind, we created ForSite™ an innovative, first-of-its-kind forest mapping platform that is improving the way IP responsibly sources wood fiber from forests.

ForSite™ is a forest conservation mapping and due-diligence tool that guides our responsible fiber procurement on non-certified forestland in the United States. This system ensures our procurement activities maintain or enhance the environmental values of the forests from which we source.

The implementation of ForSite™ has changed IP's procurement strategy. We now screen every non-certified tract prior to purchase to determine whether additional due diligence is required before we accept timber from that tract.

Not only does this ensure safe practices for the trees, but by using ForSite™, our fiber buyers are able to make informed decisions based on a variety of factors including rare plant and animal species, priority forest types, soil types, and various water resources. This is how we are safeguarding forests, watersheds and biodiversity.

ForSite™ builds on IP's stewardship core value by driving more transparency in our fiber sourcing as we facilitate supplier and landowner education to advance forest stewardship in our U.S. fiber supply chain.

Click here to watch a video of ForSite™ in action!

About International Paper

International Paper (NYSE:IP) is a global producer of planet-friendly packaging, pulp, and other fiber-based products, and one of North America'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 2022 were $21.2 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 ticker symbol?

IP

How is International Paper changing its wood procurement strategy?

International Paper is changing its wood procurement strategy to align with forest certification standards and assure consumers of sustainable forest management.

What is ForSite™?

ForSite™ is a forest mapping platform developed by International Paper to responsibly source wood fiber from non-certified forestland in the U.S. South.

How does ForSite™ guide International Paper's procurement activities?

ForSite™ guides International Paper's procurement activities to maintain or enhance environmental values and ensure safe practices for trees.

What does ForSite™ demonstrate about International Paper's commitment?

ForSite™ demonstrates International Paper's commitment to transparency and advancing forest stewardship in its U.S. fiber supply chain.

International Paper Co.

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