Timberland Investment
82.5K views | +2 today
Follow
Timberland Investment
Timber Industry | Deals & Transactions | Investment Rationale | Financial Performance | Investors | Asset Managers
Curated by Sam Radcliffe
Your new post is loading...
Your new post is loading...
Scooped by Sam Radcliffe
Scoop.it!

The Sustainable Forestry Initiative welcomes four new board members representing environmental, social and economic interests

The Sustainable Forestry Initiative welcomes four new board members representing environmental, social and economic interests | Timberland Investment | Scoop.it
The Sustainable Forestry Initiative Inc. (SFI) is pleased to announce that four leaders have been elected to the independent Board of Directors. Joining the board are Mary Klein, President and CEO, NatureServe; Guy Gleysteen, Senior VP, Time Inc.; Bettina Ring, State Forester, Virginia; and Steve Bullard, Dean, Arthur Temple College of Forestry and Agriculture, Stephen F. Austin State University.
“We are so pleased to welcome Mary, Guy, Bettina, and Steve. As a conservationist, a brand manager, a state forester and an academic, their respective experience in the environmental, public and private sectors will be an important asset to our diverse SFI Board,” said Kathy Abusow, President and CEO of SFI Inc. “They will help SFI further enhance the vital link between healthy forests, responsible purchasing, and sustainable communities.”
SFI’s 18-member, multi-stakeholder Board of Directors comprises three chambers, representing environmental, economic and social interests equally. In addition to the appointment of four new members, Craig Blair, President and CEO of Resources Management Service, LLC, has been elected as Chair and Greg Siekaniec, CEO of Ducks Unlimited Canada, as Vice-Chair of the Board. The SFI Board’s diversity and independence allows it to play a meaningful role at the intersection of sustainable forests and thriving communities
more...
No comment yet.
Scooped by Sam Radcliffe
Scoop.it!

Group Challenges Timber Producer's 'Green' Label

Group Challenges Timber Producer's 'Green' Label | Timberland Investment | Scoop.it

A watchdog group is challenging the environmentally friendly "green lumber" certification for Plum Creek Timberlands, one of the nation's biggest landowners and timber producers.

The Center for Sustainable Economy, based in Lake Oswego, Oregon, filed the complaint Thursday with a nonprofit group that verifies whether timber producers follow standards for environmentally responsible logging, including replanting after harvest, protecting water and biological diversity, and complying with environmental laws and regulations.

The complaint covers Plum Creek logging in Oregon's Coast Range, citing 11 civil citations over the past six years for violating state logging regulations, including four citations for exceeding the clear-cutting limit of 120 acres. The complaint includes Google Earth images showing landslides in areas stripped of trees by Plum Creek.

"The fragmentation caused by large clear-cuts is a driver of extinction for wildlife dependent upon interior forest conditions and one of the most damaging ecological impacts associated with forest operations in Oregon," the complaint said.

The company also was cited for failing to protect riparian zones along fish-bearing streams, allowing logging road drainage into a stream and failing to notify state regulators of changes in logging operations.

Seattle-based Plum Creek said in a statement that it was aware of the complaint and reviewing it.


"Plum Creek is committed to practicing sustainable forestry where ever we operate," company spokeswoman Kathy Budinick said in an email. "There is an established process in place for handling such complaints, and we will engage fully in the process to understand and address this complaint."

On its website, the company states prominently that all its timberlands are certified by the nonprofit Sustainable Forestry Initiative.

more...
No comment yet.
Scooped by Sam Radcliffe
Scoop.it!

St. Joe Timberlands Certify Half a Million Acres to SFI Standard

St. Joe Timberlands Certify Half a Million Acres to SFI Standard | Timberland Investment | Scoop.it

The Sustainable Forestry Initiative® (SFI®) Inc. is pleased to announce that over half a million acres of timberland owned by The St. Joe Company have recently been certified to the SFI Standard. The majority of the timberlands are located in Northwest Florida and have become a proof point for responsible forest management certification to the SFI Standard.

more...
No comment yet.
Scooped by Sam Radcliffe
Scoop.it!

Verifying Forest Sustainability

Verifying Forest Sustainability | Timberland Investment | Scoop.it

Increased talk about the use of woody biomass for energy in the U.S. has many people wondering how best to assure that the fuel and feedstock used by wood energy firms is harvested sustainably. The forest products industry—sawmills and pulp mills, in particular—has been down this road for more than 15 years and many have turned to the major forest certification systems available in the U.S., namely the Sustainable Forestry Initiative, the Forest Stewardship Council and the American Tree Farm System. These systems may or may not be the best way to demonstrate the sustainability of feedstock harvesting for the woody biomass energy sector. In the end, your customers’ needs and your company values should drive what you do about forest sustainability.

more...
No comment yet.
Scooped by Sam Radcliffe
Scoop.it!

Time, Nat Geo Partner with Sustainable Forestry Initiative

Time, Nat Geo Partner with Sustainable Forestry Initiative | Timberland Investment | Scoop.it

Four major North American publishers – Time Inc., the National Geographic Society, Macmillan, and Pearson – have joined the Sustainable Forestry Initiative’s (SFI) Forest Partners Program as founding members.


The program creates a way for the publishing industry to support SFI’s certification program for forest and forest products. SFI said the new partners will work collectively with the SFI community to make certification more efficient and accessible by providing resources for activities such as shared consulting expertise, group certification or audit coordination.


[Editor: Thanks to Mike Smith at http://www.southem.com for bringing this to our attention]

more...
No comment yet.
Scooped by Sam Radcliffe
Scoop.it!

SFI updates forestry standards

SFI updates forestry standards | Timberland Investment | Scoop.it
An organization that certifies lumber and paper products as environmentally sustainable has upgraded its standards, but critics say the Sustainable Forestry Initiative standards and enforcement remain weak.

SFI President and CEO Kathy Abusow says the upgrade released Wednesday came out of a regular five-year reassessment, and tightens standards on clearing large areas of forest, damaging wetlands, and using pesticides.

The revision comes as the environmental group ForestEthics issued a report comparing SFI certification audits in Canadian forests with audits by the Forest Stewardship Council, the other leading forest certification organization. The report found SFI audits were less rigorous than FSC audits and called for fewer corrections to forest practices.
more...
No comment yet.
Scooped by Sam Radcliffe
Scoop.it!

Timberland Investment Resources Certify Over 600,000 Acres to SFI Standard

Timberland Investment Resources Certify Over 600,000 Acres to SFI Standard | Timberland Investment | Scoop.it

Today, over 600,000 acres of timberland managed by Timberland Investment Resources, LLC (TIR) have been certified to the Sustainable Forestry Initiative® (SFI®) standard.  TIR's investment footprint spans 14 states, with a significant presence in the southeastern U.S.  Their certification builds on the SFI Forest Partners® Program's previous successes in South Carolina and Florida, as well as the ongoing work with a wide range of medium-sized private and public landowners, and manufacturing facilities.  These certified lands, in addition to the over 500,000 acres recently announced by the St. Joe Company, put the SFI Forest Partners Program well on the road to achieving its 2014 milestone of certifying 5 million acres of forestland to the SFI standard.

more...
No comment yet.
Scooped by Sam Radcliffe
Scoop.it!

Beware of a Forestry Standard Monopoly

Beware of a Forestry Standard Monopoly | Timberland Investment | Scoop.it

Forest certification programs establish responsible management practices and standards.  If landowners meet the standards of the program, then the forests are certified by that program, which communicates to consumers and businesses that timber products purchased from this landowner were harvested responsibly.


In the case of forestry management, the definition of “what is responsible” can vary.  And, balancing these conflicting interests is complex to say the least.  Due to this complexity, multiple forestry certification programs have arisen.  The existence of multiple programs allows forest owners and consumers to choose between the alternative costs and benefits based on their own values and constraints.  This competitive process creates a more efficient balancing of the intended and unintended consequences than a monopolistic standard that imposes a standard before a better accounting of the full consequences can be ascertained.


Despite the benefits from competition, some environmental activists favor one program (the Forest Stewardship Council or FSC) and are encouraging that this program be granted monopolistic authority.  A new EconoSTATS paper, authored by Brooks Mendell and Amanda Hamsley Lang (available here), illustrates the dangers from this proposal.


Mendell and Lang found that FSC certification overly restricts the amount of output that can be produced from the same amount of acreage compared to the other major certification programs – the American Tree Farm System (ATFS) and the Sustainable Forestry Initiative (SFI).   The reduced acreage available for timber harvests leads to smaller harvests of U.S-produced timber compared with the other certification programs. The reduced output leads to income losses that result in lost employment and lost tax revenues.


Direct jobs lost include foresters, loggers, millworkers, and forestry consultants and contractors. Indirect jobs lost include jobs that support the forest industry, such as motor freight transportation, machinery repair, and wholesale trade.  Indirect job impacts also include “induced” jobs created by the spending of workers in the forest industry.


According to Mendell and Lang, these impacts could be quite large if an FSC monopoly were implemented. 

more...
No comment yet.
Scooped by Sam Radcliffe
Scoop.it!

Rolling Stones keyboardist gets ‘satisfaction’ opposing green building program

Rolling Stones keyboardist gets ‘satisfaction’ opposing green building program | Timberland Investment | Scoop.it

In a Mother Nature Network opinion editorial, Rolling Stones keyboardist Chuck Leavell offered hearty praise for governors who have recently taken a stand for fairness in forest certification. Leavell, a Georgia resident, cited Peach State Gov. Nathan Deal’s recent executive order that future state building projects are required to “recognize all forest certifications equally” for inspiring the musician’s wonkish praise.

...

The move spelled the end of Georgia’s adherence to Leadership in Energy and Environmental Design (LEED) in regards to green building standards. LEED only recognizes one form of certification, the Forest Stewardship Council (FSC), and is promoting monopoly in an area that should be ripe for domestic competition.

...

Governor Deal’s executive order has now opened the doors to lands certified by standards “like Sustainable Forestry Initiative and American Tree Farm System” and will result in better utilization of resources native to Georgia.

more...
No comment yet.