International Paper: One Million Acres of Forestland Conserved
Rhea-AI Summary
International Paper (NYSE: IP) has announced exceeding its sustainability goal by conserving and restoring 1,158,000 acres of ecologically significant forestland, achieving the target six years ahead of schedule. The company invested $15.3 million in 2024 to renew strategic partnerships with conservation organizations.
Through the Forestland Stewards Partnership with the National Fish and Wildlife Foundation, IP's projects will restore, enhance, or protect over 2.2 million acres of southern forestlands. The initiative earned the 2024 Leadership in Sustainability Award from the American Forest and Paper Association. The company also partners with the American Bird Conservancy to protect at-risk bird species across the U.S. South through various initiatives including bird surveys and bird-friendly forest management practices.
Positive
- Exceeded conservation goal of 1 million acres by achieving 1,158,000 acres, 6 years ahead of schedule
- Secured 2024 Leadership in Sustainability Award, enhancing company's ESG credentials
- $15.3 million strategic investment in conservation partnerships
Negative
- None.
News Market Reaction
On the day this news was published, IP gained 1.51%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Experience the full interactive Multichannel News Release here: https://www.multivu.com/international-paper/9327151-en-international-paper-2024-sustainability-report

"We are thrilled to have surpassed one of our Healthy and Abundant Forest targets to conserve 1 million acres of ecologically significant forestland by restoring nearly 1,158,00 total acres, and we did so six years ahead of schedule," said Sophie Beckham, Chief Sustainability Oficer, International Paper. "Reaching this milestone is a testament to the company's ongoing commitment to nature conservation and to the great work of our conservation partners."
In 2024, IP reaffirmed our dedication to conserving forest ecosystems, nature and biodiversity with a
IP also continued to partner with the American Bird Conservancy to protect at-risk bird species across the
For more than 125 years, IP has championed the sustainable management of natural resources. Through balanced resource management and strong, responsible governance, we believe we can create sustainable packaging solutions and act as a diligent steward of our forests, a responsibie custodian of our environment and a force for good in our communities.
IP released its 2024 Sustainablity Report today, which illustrates the progress made on our Vision 2030 goals and outlines our commitment to creating long-term value by integrating sustainability into our strategy. Download the Report to read more about our progress.
About International Paper
International Paper (NYSE: IP; LSE: IPC) is the global leader in sustainable packaging solutions. With company headquarters in

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SOURCE International Paper