Financial News

World Business Council for Sustainable Development issues first Implementation Report of the Forest Sector SDG Roadmap

New report provides a data driven description of the forest sector’s many contributions to the realization of the SDGs, such as climate change mitigation, biodiversity conservation, and poverty alleviation.

SOURCE: International Paper Company

DESCRIPTION:

Twelve leading member companies, including International Paper, from the Forest Solutions Group (FSG) of the World Business Council for Sustainable Development (WBCSD) have issued the first Implementation Report of the Forest Sector SDG Roadmap (SDG Roadmap) released in July 2019. The report provides evidence of FSG members’ commitment to implementing the actions in the SDG Roadmap, takes stock of the status of implementation of the different actions among FSG members, and sets a baseline against which to track progress over time.

With this first Implementation Report, FSG members are holding themselves accountable to driving progress on the commitments made in the SDG Roadmap. For that, the joint vision of the SDG Roadmap was translated into meaningful actions within eight impact areas, such as Working forests, Climate, the Bioeconomy or Communities. These actions are tied to key performance indicators, enabling companies to assess the status of implementation and reveal the sector’s areas of strength and weakness. For example, the report describes how the forest sector is in a key position to scale-up positive impacts in areas such as climate change mitigation through carbon storage in forests and products. Other areas, such as water management, call for diligent risk management approaches to minimize or eliminate negative impacts at local and catchment levels.

This is the first of two reports that FSG will publish at regular intervals to track progress on the implementation of the Roadmap, as part of the journey to 2030. In addition, FSG will continue to track and disclose progress annually through key performance indicators.

Download the Forest Sector SDG Roadmap Implementation Report.

For more information, please contact:
Sylvain Maibach, Manager, Food & Nature Communication (maibach@wbcsd.org)

About WBCSD

WBCSD is a global, CEO-led organization of over 200 leading businesses working together to accelerate the transition to a sustainable world. We help make our member companies more successful and sustainable by focusing on the maximum positive impact for shareholders, the environment and societies.

Our member companies come from all business sectors and all major economies, representing a combined revenue of more than USD $8.5 trillion and 19 million employees. Our global network of almost 70 national business councils gives our members unparalleled reach across the globe. Since 1995, WBCSD has been uniquely positioned to work with member companies along and across value chains to deliver impactful business solutions to the most challenging sustainability issues.  Together, we are the leading voice of business for sustainability: united by our vision of a world where more than 9 billion people are all living well and within the www.wbcsd.org

About International Paper

International Paper (NYSE: IP) is a leading global producer of renewable fiber-based packaging, pulp and paper products with manufacturing operations in North America, Latin America, Europe, North Africa and Russia. We produce corrugated packaging products that protect and promote goods, and enable world-wide commerce; pulp for diapers, tissue and other personal hygiene products that promote health and wellness; and papers that facilitate education and communication. We are headquartered in Memphis, Tenn., employ more than 50,000 colleagues and serve more than 25,000 customers in 150 countries. Net sales for 2018 were $23 billion. For more information about International Paper, our products and global citizenship efforts, please visit internationalpaper.com.

Tweet me: 12 leading member companies, including @IntlPaperCo, from the Forest Solutions Group (FSG) of the @wbcsd have issued the first Implementation Report of the Forest Sector SDG Roadmap (SDG Roadmap) released in July 2019. https://bit.ly/38n4fPA

KEYWORDS: NYSE:IP, International Paper, Forest Solutions Group (FSG), World Business Council For Sustainable Development (WBCSD), Forest Sector SDG Roadmap

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