Thursday, December 19, 2019 11:30 am
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JACKSON, Miss. (News release) -- The Molpus Woodlands Group, LLC, a timberland investment management organization headquartered in Jackson, Mississippi, has, on behalf of two clients, successfully purchased approximately 86,605 acres of timberland in east Texas.
Located in five counties in east Texas and comprised of properties with over 75 years of management, these timberlands provide exposure to broad timber markets that represent the diverse spectrum of pulp, paper, lumber, and panel producers across east Texas. Molpus plans to include these timberlands in its certification with the Sustainable Forestry Initiative® standard, which includes key measures to protect biodiversity, sustainable harvest levels, water quality, protection of at-risk species, wildlife habitat, and regeneration.
Molpus's forest certification program is a key element of its commitment to incorporating environmental, social, and governance (ESG) policies and practices into investment analysis and decision-making. ESG values inform everything Molpus does in the forest and throughout its company. Molpus also recognizes the critical importance of land-based solutions and healthy forests in climate change mitigation and carbon sequestration.
"We are pleased to further increase our presence in east Texas, a region where we have a long history of successfully managing timberland properties in a sustainable manner," said Bob Lyle, President of Molpus. "Private working forests, such as these, are an important part of the economic infrastructure of east Texas and they provide vital environmental benefits like clean air and water. They produce renewable, recyclable and reusable wood and paper products, provide quality recreational experiences, and supply a growing resource for renewable energy."
Located in five counties in east Texas and comprised of properties with over 75 years of management, these timberlands provide exposure to broad timber markets that represent the diverse spectrum of pulp, paper, lumber, and panel producers across east Texas. Molpus plans to include these timberlands in its certification with the Sustainable Forestry Initiative® standard, which includes key measures to protect biodiversity, sustainable harvest levels, water quality, protection of at-risk species, wildlife habitat, and regeneration.
Molpus's forest certification program is a key element of its commitment to incorporating environmental, social, and governance (ESG) policies and practices into investment analysis and decision-making. ESG values inform everything Molpus does in the forest and throughout its company. Molpus also recognizes the critical importance of land-based solutions and healthy forests in climate change mitigation and carbon sequestration.
"We are pleased to further increase our presence in east Texas, a region where we have a long history of successfully managing timberland properties in a sustainable manner," said Bob Lyle, President of Molpus. "Private working forests, such as these, are an important part of the economic infrastructure of east Texas and they provide vital environmental benefits like clean air and water. They produce renewable, recyclable and reusable wood and paper products, provide quality recreational experiences, and supply a growing resource for renewable energy."