Molpus Woodlands Group Celebrates Planting Over 251 Million Trees
JACKSON, MISS.--(Business Wire / Korea Newswire)--Molpus Woodlands Group, LLC (Molpus) today announced it is celebrating the planting of over 251 million trees since 1998 as part of its sustainable forest management program. Through its operations Molpus has conserved working forests for public access, promoted sustainable practices, and replanted harvest sites. This program has also helped to conserve vital ecosystems and to mitigate climate change. It’s also important to note that these numbers don’t include about half of the forests Molpus manages, which are composed of hardwood species that regenerate naturally.
“We take great pride in sustainably managing forests and the ecosystems that depend on them. The working forests we manage provide vital environmental benefits like clean air and water and carbon sequestration, as well as providing recreational opportunities and jobs that sustain local economies where we live and work,” said Bob Lyle, President of Molpus.
The sustainable forestry that Molpus practices not only supports biodiversity and local economies but also helps clean the air we breathe and purify the water we drink. The U.S. Forest Service estimates that about two-thirds of our nation’s fresh water comes from forests.
Forests are also on the front lines in mitigating climate change. As trees grow, they absorb carbon. Sustainable forest management requires harvested trees to be replanted or naturally regenerated. These new trees rapidly absorb carbon, and the forest products that are made from the harvested trees store carbon for years to come.
“We benefit future generations by replanting the forests we harvest. We also reconfirm our stewardship of our forest resources by having all of our forests certified to the Sustainable Forestry Initiative (SFI) Forest Management Standard, with additional certifications in some forests with the Forest Stewardship Council (FSC),” said Ruth Cook, Director of Sustainability of Molpus.
Molpus is also actively engaged in nature-based carbon-offset projects that help preserve forests as carbon sinks. Carbon offsets represent the reduction, removal, or avoidance of greenhouse gas emissions. Offsets allow Molpus to earn revenue for the greenhouse gas emission reductions we achieve.
“Working forests are an important part of our nation’s efforts to address climate change. Through our active replanting of forests, we are demonstrating our commitment to the importance of nature-based solutions and healthy forests in climate change mitigation and carbon sequestration,” said Dick Kempka, Vice President, Conservation of 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 approximately 1.9 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, visit molpus.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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Molpus Woodlands Group, LLC
Michael R. Cooper
Senior Director of Client Relations and Business Development
This is a news release distributed by Korea Newswire on behalf of this company.