International Paper invests $15.3 million in conservation partnerships
- International Paper has committed $15.3 million to renew partnerships with conservation organizations.
- Key collaborations include the American Forest Foundation, National Fish and Wildlife Foundation, The Nature Conservancy, and World Wildlife Fund.
- This investment aims to enhance sustainable forestry practices and biodiversity conservation efforts.
On September 5, 2024, International Paper (IP) announced a significant investment of $15.3 million aimed at enhancing its conservation efforts. This funding will renew strategic partnerships with several key organizations, including the American Forest Foundation (AFF), National Fish and Wildlife Foundation (NFWF), The Nature Conservancy (TNC), and World Wildlife Fund (WWF). These collaborations are designed to promote sustainable forestry practices and biodiversity conservation across various regions. The partnership with AFF focuses on the Family Forest Carbon Program (FFCP), which has seen considerable growth in the Central Appalachian area and is set to expand into the Southeastern U.S. This initiative emphasizes afforestation and improved forest management practices, contributing to the overall health of forest ecosystems. Additionally, the Forestland Stewards Partnership (FSP) with NFWF has been extended with a $10 million commitment over five years, having already established or conserved over 1.6 million acres of southern forestlands since its inception in 2013. IP's collaboration with TNC has also advanced sustainable forestry practices, aiming to identify natural climate solutions that can be replicated globally. Through these partnerships, International Paper aims to scale its impact on conservation efforts, support historically disenfranchised Black landowners, and drive positive change for both people and the planet. This investment underscores the company's commitment to delivering sustainable, low-carbon products while fostering biodiversity and ecosystem health.