Rewarding Low-Impact Forest Management by Valuing Carbon Benefits
Xerox commits to partner with The Nature Conservancy to develop and test a groundbreaking methodology that valuates carbon savings associated with improved forest management practices
Approval of a jurisdictional scale IFM methodology by the Voluntary Carbon Standard (VCS)
The development of a set of user friendly “Carbon Management Practices” with and associated quantified emissions reductions across multiple juristictions with extensive application in the dipterocarp forests of indonesia
A method to identify priority opportunities for emissions reductions through improved forest management (IFM) in Indonesia, and globally
As one of the largest distributors of paper for office printers and copiers, Xerox’s long-term success is dependent on a truly sustainable paper supply chain. Recognizing that challenges facing the paper industry extend beyond the paper companies themselves, Xerox has adopted a multi-pronged approach, leveraging partnerships with customers, suppliers and key stakeholders. Starting with the source of the fiber used to make the paper, through its manufacture and use, Xerox has successfully minimized environmental impact while meeting customers’ business needs. Consumers and corporations are increasingly demanding legal and certified timber products and the U.S., while other buyer nations are implementing laws and regulations to stem the trade in illegal timber-based products. However, progress is slow and there remain significant gaps in both human and institutional capacity in transitioning to a legal and sustainable timber supply model.
This commitment will improve current practices and help companies make better sourcing decisions by supporting advances in the science and metrics needed to align sustainable forest conservation with market-based carbon reduction incentives. Scientists from TNC estimate that adopting improved forest management practices can reduce forest destruction and carbon emissions by as much as 45% without reducing the timber taken to market. By allowing landowners to achieve forest certification, this approach can also support community and regional economic development goals.
Funded by Xerox.
UN goal(s) and issue(s) addressedAgriculture, aquaculture and forestry; Environment and climate change
Names of committing organisations
|The Nature Conservancy||Civil Society|
Industry sector(s) that apply to this commitment
Forestry & paper; Technology hardware & equipment
Country(s) where this commitment will be implemented
IndonesiaNames of additional partners
Tropical Forest Foundation