Climate Initiatives

Part of the Solution to Climate Change

Our forests can support climate solution initiatives and advance the UN Sustainable Development Goals. Opportunities are considered in our strategic and operating plans and in our advocacy and policy initiatives. These factors can impact our business, strategy, and financial planning.

MAXIMIZING THE VALUES OF WORKING FORESTS

Sustainably managed working forests can play a significant role in providing solutions to climate change and can provide other environmental benefits such as clean water and biodiversity. Our forests can participate in net-zero strategies through Improved Forest Management (IFM) carbon projects in voluntary markets which generate high-quality and high-integrity durable climate benefits. Solar leases or real estate sales on our lands can support the renewable clean energy transition. Residuals from manufacturing wood products and lower-value trees can be used as feedstock in bioenergy facilities to produce sustainable aviation fuel or other renewable energy alternatives. Some of our lands provide opportunities to reduce atmospheric carbon dioxide through the development of geological carbon capture and sequestration through our subsurface pore space ownership rights. Building with wood and mass timber stores carbon for the long-term. Other emerging technologies which utilize wood fiber for bioplastics could offer transformative solutions towards a bio-based circular carbon economy.