New Forests Company Management Services (Pty) Ltd 2024 SR
The report highlights The New Forests Company's sustainability achievements and operational evolution during the 2024 fiscal year. The company advanced forestry research by introducing nine new clonal hybrids in Uganda and planting its first clonal trial in Tanzania. In its community initiatives, the company created 173 direct jobs, supported outgrowers with seedling distribution, and upgraded community health clinics in Uganda. On conservation, the company managed 30,000 hectares of sustainable forest land, reserving 40% for conservation and estimating 137,291 metric tons of carbon equivalent emissions removed from the atmosphere. Commercially, the company generated $13.222 million in sales revenues and closed a major joint venture transaction with Shell Nature Based Solutions.
Company: New Forests Company Management Services (Pty) Ltd
Sector: Agriculture, forestry & fishing
Country: South Africa
Year: 2024
Type: SR
Pages: 64
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New Forests Company Management Services (Pty) Ltd
Sustainability Report
The report highlights The New Forests Company's sustainability achievements and operational evolution during the 2024 fiscal year. The company advanced forestry research by introducing nine new clonal hybrids in Uganda and planting its first clonal trial in Tanzania. In its community initiatives, the company created 173 direct jobs, supported outgrowers with seedling distribution, and upgraded community health clinics in Uganda. On conservation, the company managed 30,000 hectares of sustainable forest land, reserving 40% for conservation and estimating 137,291 metric tons of carbon equivalent emissions removed from the atmosphere. Commercially, the company generated $13.222 million in sales revenues and closed a major joint venture transaction with Shell Nature Based Solutions.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women in Management
Workplace Fatalities
Employees