MEMPHIS, Tenn. – ÌìÑĺ£½ÇAPP (NYSE: SLVM), the world ÌìÑĺ£½ÇAPP ’s paper company, is announcing a $3 million expanded partnership with World Wildlife Fund (WWF) to further its commitment to forest conservation and restoration. The initiative is part of ÌìÑĺ£½ÇAPP ÌìÑĺ£½ÇAPP ’s environmental, social and governance (ESG) strategy and 2030 goals.
“Our 2030 goals demonstrate ÌìÑĺ£½ÇAPP ÌìÑĺ£½ÇAPP ’s commitment to building a better future for people, the planet and our company. These goals reflect our commitment to ensuring healthy forests, which are a critical component of natural climate solutions," said James McDonald, chief sustainability officer at ÌìÑĺ£½ÇAPP. "Our partnership with World Wildlife Fund is one way we’re making good on this commitment."
The enhanced collaboration through WWF ÌìÑĺ£½ÇAPP ’s program will enable ÌìÑĺ£½ÇAPP to make progress on its goal to ensure healthy and productive forest ecosystems by focusing on sustainable sourcing, conservation and restoration projects. Through the program, ÌìÑĺ£½ÇAPP is collaborating with WWF to:
-
Grow the availability of fiber from responsibly managed forests in Europe and North America
-
Advance understanding of the role paper manufacturing plays in a circular, low-carbon economy in Europe
-
Expand restoration in Brazil ÌìÑĺ£½ÇAPP ’s Atlantic Forest, focusing on the Mogi Guaçu River basin, where ÌìÑĺ£½ÇAPP has important manufacturing operations
"ÌìÑĺ£½ÇAPP is demonstrating real leadership by focusing on responsible wood fiber sourcing and strategic nature-based investments in critical landscapes," said Kerry Cesareo, senior vice president for forests at WWF. "We’re excited to expand our partnership with ÌìÑĺ£½ÇAPP to deliver positive impacts for working forests, the surrounding landscapes and, importantly, the local communities."
