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.
We’re partnering with One Tree Planted to plant more than 50,000 new trees across Europe and North America over the next five years as part of our commitment to protecting biodiversity and supporting the natural environment.
This partnership is a new addition to the existing forestry and tree planting activity across our company. We’re committed to protect forests and enhance biodiversity wherever we operate by 2025.
Through the DS Smith Charitable Foundation, we agreed to fund a tree for each of our 29,000 employees this year.
The first wave of 15,000 trees will be planted in forests in Western Jutland, Denmark and in the Nucsoara commune of Argeș County, Romania. The remaining 14,000 trees for this year have been earmarked for other planting initiatives in Europe and North America.
Diana Chaplin, Canopy Director at One Tree Planted – “We’re proud to work with partners dedicated to taking real action for the environment. These reforestation efforts will help to further DS Smith’s dedication to sustainability, mitigating the effects of climate change while restoring the land for biodiversity and the long-term health of forests.”
more at source: https://www.dssmith.com/media/newsroom/2021/7/planting-more-than-50000-new-trees-across-europe-and-north-america