Tackle Climate Change: Use Wood

I am pleased to report from our February vantage point with a sense of optimism and determination. Yes, the world is evolving at an unprecedented pace. Yes, the future presents both immense opportunities and complex challenges. And yes, FSC in the US has significant hurdles to overcome. But through it all, our commitment remains steadfast. With our boots planted firmly on solid ground, we are ready to navigate uncertainty and drive meaningful progress – this year and beyond. What does progress look like? At its core, progress for FSC US means two things: 1. Expanding the acres of FSC-certified forestlands in the U.S. 2. Delivering tangible value to the landowners and forest managers who provide society with the many benefits forests offer.

The Koehler Group is planning to fully convert its power plant at its Oberkirch/Germany location to biomass in the coming years. This change is part of Koehler’s sustainability strategy, which includes the goal of producing more energy from renewable sources than is required for its paper production operations by 2030. Koehler Group CEO Kai Furler is thrilled with the plan: “By switching from bituminous coal to biomass as the primary fuel for our location here in Oberkirch, we will be cutting more than 150,000 metric tons of CO₂ emissions a year.” The company has had a number of extremely successful projects designed to reduce the energy consumed in its paper production operations for many years now. A few years ago, the company declared that it would be producing more energy from renewable sources than required for its own needs by 2030. This is why the company is now converting its coal-fired power plant at the Oberkirch location to biomass. With its Fuel Emissions Trading Act, the German government made it more difficult to use fossil fuels, which is why Koehler will be implementing its plans for the conversion three years earlier than originally planned.

By giving economic value to forests, we can enhance our sustainability efforts as well as our business. That was Domtar CEO John D. Williams’ message at a New York University Stern School of Business event in March. NYU’s Center for Sustainable Business hosted leading academics, investors, corporate sustainability executives and nonprofit leaders to discuss how companies assess sustainability ROI (return on investment). “If we don’t have sustainable forests, we have no business,” Williams says. Domtar recognized this years ago, and we were early adopters of sustainability standards and third-party certification. At the event, Emily Chasan, sustainable finance editor at Bloomberg News, asked Williams several questions about how companies can identify, track and monetize sustainability returns driven by innovation, operational efficiency, employee engagement, brand enhancement and risk mitigation, and how those efforts can lead to better decision-making by the C-suite and investors. Click Read More below for additional detail.