Woodbois Limited Publication of Sustainability Report
June 18 2021 - 2:00AM
RNS Non-Regulatory
TIDMWBI
Woodbois Limited
18 June 2021
18 June 2021
Woodbois Limited
("Woodbois", the "Group" or the "Company")
Publication of Sustainability Report
Woodbois Limited (AIM: WBI), the African focused forestry,
timber trading, reforestation and voluntary carbon credit company,
is pleased to announce the publication of its 2020 Sustainability
Report for the year ended 31 December 2020. The Report is available
on the Company's website at: www.woodbois.com
The Integrated Report aims to provide an overview of Woodbois'
strategy, performance, opportunities and future outlook in relation
to material financial, economic, social and governance issues. The
report also addresses value creation considerations for investors
and all key stakeholders.
Commenting on today's announcement, Executive Chairman and CEO
Paul Dolan said:
"I am proud to present Woodbois' fourth Sustainability Report,
and first Integrated Report. With Woodbois' key purpose of
delivering sustainable forest management becoming an increasingly
important focal point in the mitigation of deforestation and
climate change for ESG investors and all our stakeholders, this
year's Report serves as a reminder of our commitment to providing
leadership in standards of transparency and best practice. This
purpose nurtured a deep-rooted resilience in the face of the
coronavirus pandemic, enabling us to not only keep our employees
safe but to also take steps to significantly strengthen the Company
and deliver value to our stakeholders."
Enquiries:
Woodbois Limited
Paul Dolan - Chair and CEO + 44 (0)20 7099 1940
Canaccord Genuity (Nominated Advisor and Broker)
Henry Fitzgerald-O'Connor
James Asensio
Thomas Diehl + 44 (0)20 7523 8000
Celicourt Communications (IR/PR) +44 (0)20 8434 2643
Mark Antelme woodbois@celicourt.uk
Jimmy Lea
Background on Woodbois
Woodbois Limited (AIM:WBI) is an African focused forestry
company, divided into three distinct, but highly complementary
divisions comprising the production and supply of sustainable
African hardwood products, the
trading of hardwood and hardwood products, and a reforestation and carbon credit division.
Woodbois' forestry division has production facilities in Gabon
and Mozambique, managing a total of c400,000 hectares of natural
forest concessions. The trading division comprises a highly
experienced team of timber specialists, who source and supply
sustainable timber to a global customer base. Its proprietary
technology developed in house, captures, stores and presents data,
providing a matching engine to build scale and optimise trading
opportunities with its global customer base.
The Company's carbon sequestration and trading division which
was formed in March 2021 aims to generate voluntary carbon credits
for corporate partners through the delivery of large-scale
reforestation projects.
The Company's focus on the transparency and sustainability of
its timber operations has been recognised by The Zoological Society
of London, which ranked Woodbois third in its Sustainability Policy
Transparency Toolkit ('SPOTT") ESG policy transparency assessments
for the worldwide timber and pulp industries for 2020.
Please follow the Company on Twitter: @WoodboisLtd
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