- Submitted by: Xerox
- Topic: Forests
- Keywords: forestry management, Indonesia, Agriculture, aquaculture and forestry; Environment and climate change
- Location: Indonesia
- Date of completion: 2014
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Deliverables & Resources
- This voluntary initiative came from Global Compact
Rewarding Low-Impact Forest Management by Valuing Carbon Benefits
Partner(s)Tropical Forest Foundation
Description/achievement of initiativeXerox commits to partner with The Nature Conservancy to develop and test a groundbreaking methodology that valuates carbon savings associated with improved forest management practices.
Implementation methodologiesRecognizing 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.
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.
Financial support will come from Xerox.
|Approval of a jurisdictional scale IFM methodology by the Voluntary Carbon Standard (VCS)||2012|
|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.||2013|
|A method to identify priority opportunities for emissions reductions through improved forest management (IFM) in Indonesia, and globally.||2014|