22 April 2021
Russian forestry launches greenest IPO for Earth Day
The greenest IPO of the year by a Russian forestry holding shows how sustainable principles can help some industries go from zero to hero. Unlike many heavy industries and raw materials producers, forestry companies not only produce an ever-increasing range of higher value-added products but can also operate on a totally sustainable basis, with many of the leading global players contributing tangible positive environmental benefits. ESG has become a feature across the industry, especially in packaging, where consumers and industry alike are seeking alternatives to single-use plastics.
Segezha Group places environmental considerations at the heart of its business, ensuring that for every tree chopped down, another is planted in its place. In total, 83% of its forests have been voluntarily certified to Forestry Stewardship Council standards – the global “gold standard” in the sector – and the Group plans to increase this percentage towards 100% going forward.
Read more Segezha Group places environmental considerations at the heart of its business, ensuring that for every tree chopped down, another is planted in its place. In total, 83% of its forests have been voluntarily certified to Forestry Stewardship Council standards – the global “gold standard” in the sector – and the Group plans to increase this percentage towards 100% going forward.
