Financial News
Suzano Marks Centenary With US$100 Million Initiative to Advance Global Efforts to Protect and Restore Nature
The world’s largest market pulp producer, Suzano, today marks its 100th year by announcing the intention to invest US$100 million to advance global efforts to protect and restore nature. An initial US$30 million will be put into a series of global partnerships designed to accelerate research and education in conservation, climate change, and corporate sustainability, with a particular focus on Brazilian ecosystems.
Suzano has signed separate MoUs with the University of Cambridge, and the Stanford Doerr School of Sustainability (SDSS) at Stanford University. These are expected to be the first of multiple partnerships formed with universities in Brazil and globally.
The collaboration with the University of Cambridge will create new educational and research opportunities for postgraduate and doctoral students, into areas such as biodiversity conservation, climate change, water management, and corporate sustainability. Suzano will also make its business operations and conservation areas in Brazil available to academics for research purposes.
Under the MoU with the SDSS, Suzano will explore opportunities to support research, education, and training at the university.
Suzano has also agreed a partnership with the International Union for Conservation of Nature (IUCN), the world’s largest and most diverse environmental network, representing over 1,500 governments, environmental groups, and Indigenous Peoples’ organizations.
Suzano will work with the IUCN to develop its nature strategy, and convene stakeholders to share knowledge and best practice on how to drive private sector action on nature. This will include setting targets that demonstrate Suzano’s contributions to a nature-positive world, and engagement at events, including the UN Biodiversity Conference and COP30 in Brazil.
David Feffer, Chairman of the Board of Suzano, said:
“After 100 years, we have learned to take a long-term approach and plant the seeds today for the future. Through this initiative and our new partnerships, our mission is to empower the next generation of experts and leaders to help governments, companies and civil society protect and restore nature over the next century.”
“We believe that education, science, and collaboration are three of the most powerful weapons we have to fight against species decline, soil degradation, and pollution of our waters and atmosphere. The world must halt and reverse nature loss by 2030. We have a vision for how we can be part of the solution for the next century.”
View source version on businesswire.com: https://www.businesswire.com/news/home/20240123917642/en/
Contacts
Johanna Pemberton
suzano@hawthornadvisors.com
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