“Forests Matter” – The Why and What of PEFC for Companies

The report describes Sun Chemical’s emphasis on sustainability in the way it develops, manufactures and distributes its products while also showing how it works with customers and suppliers to improve their sustainability goals. The 2019 report shares key research and development highlights and Sun Chemical’s contributions to a more sustainable future, such as: *a long-term strategic target to reduce manufacturing CO₂ levels by at least 30% by 2030 *waste reduction programs focused on improving the utilization of incoming materials, promoting recycling and optimizing the end of life of a product or material *a silver corporate social responsibility rating by EcoVadis, a 3rd party organization that measures a variety of categories, including environment, labor and human rights, ethics, and sustainable procurement *partnerships with various industry associations and consortia focused on large-scale sustainability objectives *products that are developed with bio-renewable raw materials *solutions designed to improve PET bottle recycling and composting

For decades, only trees in forests came within the scope of forest certification. However, trees also grow outside forests, in hedgerows, scattered on farms, along streets in urban areas… With the approval of our revised Sustainable Forest Management benchmark standard last year, this is set to change. This was the message the PEFC team took to the World Agroforestry Congress, held last month in Montpellier, France. The inclusion of Trees outside Forests (TOF) makes PEFC certification accessible for the first time to millions of farmers who own or manage trees on agricultural or settlement land. This will increase income generation opportunities for rural populations and in parallel support the delivery of a range of Sustainable Development Goals (SDGs). Click Read More below for additional information.

Hearst and Manulife Investment Management today announced the completion of a sale to Hearst of approximately 20,000 acres of sustainably managed forests in Northern California. The forests, which are centered around McCloud, California, have a rich history of industrial forest management dating back to the initial settlement of the town of McCloud in 1897. These mixed species forests have long since been a source of raw material for many of the region’s forest products facilities and in doing so contribute positively to the economy of the area. Manulife Investment Management had been managing these forests on behalf of their investors since 1991. The forests will be added to Hearst’s current timberland ownership of 62,000 acres in the same area operated by Hearst Forests LLC, a subsidiary of Hearst. Hearst owns and sustainably manages a total of 238,000 acres of timber and ranch land in California, including the Hearst Ranch at San Simeon, the Jack Ranch and Hearst Forests in McCloud.