JACKSON, Miss. (News release) -- 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.
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.
