JACKSON, Miss.--(BUSINESS WIRE)--Aug 23, 2023--
Molpus Woodlands Group (Molpus), a leading timber investment management organization (TIMO), is pleased to announce the publication of its second annual sustainability report. This comprehensive report highlights the company's continued dedication to sustainable practices and commitment to being a responsible and trustworthy investment partner for timberland investors. “This year’s report outlines our commitment to sustainability and impact principles, and how we responsibly manage our forests and our overall business in the collective interests of our investors, rural communities, and the natural ecosystems that rely on them,” said Terrell Winstead, president of Molpus.
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Molpus Woodlands Group Showcases Commitment to Sustainability With Release of Second Annual Sustainability Report (Photo: Business Wire)
This year's report underscores Molpus' strong alignment with the United Nations Sustainable Development Goals (SDGs). Today the company directly supports 10 of the 17 SDGs, reflecting its long-standing dedication to addressing global challenges and contributing to a more sustainable future. Molpus aims to positively impact society and the environment by continuing to focus on these SDGs.
Key highlights of Molpus' second annual sustainability report include:
1. Forest Stewardship: Molpus is committed to sustainable forest management practices. All of Molpus' forests are certified to the Sustainable Forestry Initiative (SFI ® ), and 22% are dual certified to the Forest Stewardship Council (FSC ® ).
2. Climate Action: The report outlines Molpus initiatives to account for the carbon being stored across the Molpus footprint, giving insights into the impact our work has on carbon mitigation.
3. Social Responsibility: Molpus is dedicated to the well-being and development of its communities. The report highlights the company's investments in employee development, education and scholarships, indigenous people’s outreach, health and safety, and giving back to the communities in which our employees live, and the company operates.
4. Corporate Governance: Molpus upholds the highest standards of corporate governance, ensuring transparency, accountability, and ethical practices across its operations. The report provides insights into the company's governance framework.
By sharing its progress in the second sustainability report, Molpus enables its stakeholders to better understand its sustainability performance and long-term vision. In doing so, the company aims to foster meaningful dialogue, engage with investors, and promote collaboration while advancing sustainable development.
About Molpus
The Molpus Woodlands Group, LLC (Molpus), an SEC registered investment adviser, acquires, manages, and sells timberland as an investment vehicle for pension funds, college endowments, foundations, insurance companies, and high-net-worth individual investors. Molpus currently manages over 1.7 million acres of timberland investments in 15 states. We incorporate environmental, social, and governance (ESG) policies and practices into investment analysis and decision-making. We believe our strong ESG initiatives have positive implications for the environment and the future of Molpus. Molpus was founded in 1996 as a timber investment management organization and has a company legacy dating back to 1905. Molpus is one of the oldest timber-related companies in the United States.
For more information, visitmolpus.com. Nothing herein constitutes an offer to sell or a solicitation of an offer to subscribe for or buy any security with respect to any fund. In considering the performance of investments referred to in these materials, prospective timberland investors should keep in mind that prior performance of Molpus investments is not indicative of future results, and there can be no assurance that Molpus will achieve comparable results in the future.
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CONTACT: Michael R. Cooper
Executive Vice President of Client Relations and Business Development
The Molpus Woodlands Group, LLC
mcooper@molpus.com
601-948-8733
molpus.com
KEYWORD: UNITED STATES NORTH AMERICA MISSISSIPPI
INDUSTRY KEYWORD: CLIMATE CHANGE PROFESSIONAL SERVICES ENVIRONMENTAL ISSUES ENVIRONMENTAL HEALTH OTHER NATURAL RESOURCES FOREST PRODUCTS NATURAL RESOURCES ENVIRONMENT HUMAN RESOURCES FINANCE SUSTAINABILITY
SOURCE: Molpus Woodlands Group
Copyright Business Wire 2023.
PUB: 08/23/2023 12:49 PM/DISC: 08/23/2023 12:49 PM
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