Description/achievement of initiative
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.
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.
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.
Arrangements for Capacity-Building and Technology Transfer
Coordination mechanisms/governance structure
Tropical Forest Foundation