11-5-13 6:56 PM EST | Email Article

Actions Align with Weyerhaeuser's Commitment to High Standards of Forest Management

FEDERAL WAY, Wash., Nov. 5, 2013 /PRNewswire/ -- Weyerhaeuser Company this week joined 25 of the world's leading forest products companies in announcing the need to significantly scale up sustainable forest management.

(Logo: http://photos.prnewswire.com/prnh/20120111/AQ34535LOGO)

Weyerhaeuser and the 25 other members of the World Business Council for Sustainable Development (WBCSD) Forest Solutions Group are responsible for nearly 40 percent of annual global forest product, paper and packaging sales. These companies are committed to transforming forest-related challenges into forest-based opportunities and solutions.

The companies endorsed the announcement following an international discussion including three forest certification systems – the Forest Stewardship Council, the Sustainable Forest Initiative® and Programme for the Endorsement of Forest Certification – at WBCSD's Council Meeting in Istanbul, Nov. 4. The Leadership Statement on the Value and Future of Forest Certification recognizes that reducing forest loss is a global societal priority requiring immediate and concerted action.

Earlier this year, Weyerhaeuser attained international stakeholder membership in the Programme for the Endorsement of Forest Certification, the world's largest forest certification system and the certification system of choice for small, non-industrial private forests. PEFC, which is made up of large forest owners and hundreds of thousands of family forest owners around the world, has endorsed two North American certifications standards, including the Sustainable Forestry Initiative. In the United States, PEFC also endorses the American Tree Farm System, which means landowners certified to SFI and Tree Farm also comply with the PEFC's internationally-recognized sustainability benchmark.

"Our collective statement today and our stakeholder membership in PEFC aligns with our commitment to responsible fiber sourcing, especially from family-owned forests," said Weyerhaeuser Vice President for Sustainable Forestry Cassie Phillips.

PEFC promotes good practice in the forest and across the supply chain to ensure that forest products are sourced with respect for the highest ecological, social and ethical standards. Today, PEFC has recognized certification systems in 30 countries. Together these account for more than 593 million acres of certified forests. The PEFC and SFI labels help customers and consumers identify products from responsibly managed forests.

Weyerhaeuser owns, leases or licenses 20.5 million acres of forests in North America certified to SFI, and more than 300,000 acres in Uruguay certified to FSC and PEFC. Learn more about certification at Weyerhaeuser.

Phillips continued, "Having wood come from sustainably-managed forests is important to our customers and consumers. This commitment is shared by the more than 13,000 Weyerhaeuser employees who work and serve our customers worldwide."

If you would like more information on Weyerhaeuser's statement in support of sustainable forest management and membership in PEFC, please contact Lee Keller at 206-799-3805 or lee@thekellergroup.com.

About Weyerhaeuser
Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. Weyerhaeuser owns or controls nearly 7 million acres of timberlands, primarily in the U.S., and manages another 14 million acres under long-term licenses in Canada. Weyerhaeuser manages these timberlands on a sustainable basis in compliance with internationally recognized forestry standards. Weyerhaeuser is also one of the largest manufacturers of wood and cellulose fibers products, and it develops real estate, primarily as a builder of single-family homes. The company is a real estate investment trust. In 2012, Weyerhaeuser generated $7.1 billion in sales and employed approximately 13,200 people who serve customers worldwide. Weyerhaeuser is listed on the Dow Jones World Sustainability Index, and the company's common stock trades on the New York Stock Exchange under the symbol WY.

About WBCSD's Council Meeting in Istanbul
The WBCSD 2013 Council Meeting in Istanbul, Turkey, Nov. 4-8, brings together CEO council members, senior executives, and members of the organization's 60 regional network partners to generate leading business solutions to some of the most pressing global sustainable development issues of our time.

About the Programme for the Endorsement of Forest Certification
PEFC is an international non-profit, non-governmental organization dedicated to promoting sustainable forest management through independent third-party certification. PEFC's mission is: "To give society confidence that people manage forests sustainably." Learn more at www.pefc.org.

Contacts:
Lee Keller - (206) 799-3805 lee@thekellergroup.com

SOURCE Weyerhaeuser Company

Add a Comment

News   More...

Start Premium Trial Register For Free

P F Fund Financial Data (13,000+ funds)
P F Stock Financial Data (7,000+ stocks)
P F Stock and Fund Screeners (basic)
P F Investing Articles and Market Commentary
P F Articles Archive (>30 days)
P F Discuss (dozens of stock, fund, bond, and general bulletin boards)
P F Portfolio Manager (basic)
P F Morningstar Investment Classroom
P F Access Your Portfolio Anytime, Anywhere via Your Mobile Device
P   Morningstar Fund Analyst Reports (full research on 1,700 funds, ETFs, and CEFs)
P   Morningstar Stock Analyst Reports (full research on more than 1,100 stocks)
P   Portfolio Manager (advanced with 10 X-Ray analyses, including recommendations)
P   Portfolio Monitor (monthly and on-demand personalized portfolio statements)
P   Morningstar Proprietary Stock Information (stock star ratings, buy/sell prices, economic moat ratings, and more)
P   Morningstar 5-Star Stock and Fund Favorites & Red Flags eNewsletters
P   Premium Stock and Fund Screeners (advanced with nearly infinite ways to find the best securities for you)
P   Discounts on Morningstar newsletters, books, seminars, and more

Sign-up to Morningstar


Basic Access

Articles and Videos
Morningstar video reports, articles, data, and tools. Dig into our lineup of e-newsletters and investing classroom courses outlining sensible strategies for maximizing your investments.
Morningstar Discuss
Follow the buzz on individual stocks or fund families. Plus, read the latest posts from Morningstar members and analysts.
Portfolio Manager
Track your investments and watch lists with our Portfolio Manager. Customize your view with our comprehensive stock, fund, and ETF data.

Access these features and more when you sign up for Free Membership.
Join Morningstar today. It's Free.

Unlimited Access

Analyst Research
Gather in-depth, actionable insight on over 3,700 stock and mutual funds covered by Morningstar analysts. View our mutual fund Analyst Reports favored by professionals, savvy experienced investors, and new investors researching options for retirement savings, college plans, or other investment needs.
Portfolio X-Ray®
Ensure your portfolio is positioned exactly how you want with Morningstar's X-Ray Interpreter and Stock Intersection tools. A Barron's "Best of the Web" award winner for five years running, X-Ray Interpreter goes under the hood of your portfolio to provide a useful allocation, sector, and geographic analysis. And you can discover how much of a stock you really own, individually and through mutual funds, with Stock Intersection.
Investment Picks
Find new 5-star stocks (greatly undervalued companies) to consider daily. Our 5-star stock rating is a proven winner, consistently beating benchmarks like the S&P 500. Plus, browse our Fund Analyst Picks and Stewardship Grades to find shareholder-friendly mutual funds that are poised for outperformance.
Portfolio Monitor
Get a clear view of your investments with personalized reports about your portfolio. Receive monthly statements and generate reports on-demand to help you stay on track to meet your investment goals.

Access these features and more when you sign up for Premium Membership.
Start your free 14-day trial today online
Your subscription may be tax deductible. Please contact your tax advisor.

Content Partners
Morningstar - 2013/11/5 - Weyerhaeuser Joins International Voices in Support of Forest Certification
Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol |  Title Star Rating |  Category |  Total Assets |  Top Holdings |  Top Sectors |  Symbol |  Name Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol / Ticker |  Title Star Rating |  Category |  Total Assets |  Symbol / Ticker |  Name Title |  Date |  Author |  Collection |  Popularity |  Interest Title |  Date |  Company |  Symbol |  Interest |  Popularity Title |  Date |  Company |  Symbol |  Interest |  Popularity Title |  Date |  Author |  Collection |  Interest |  Popularity

Previous: Weyerhaeuser Company Declares Dividend  |  Next: Weyerhaeuser Leads North America in Sustainable Forestry