This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Weyerhaeuser Leads North America In Sustainable Forestry

FEDERAL WAY, Wash., Aug. 12, 2013 /PRNewswire/ -- With the completed acquisition of Longview Timber's approximately 645,000 acres of forestland in Washington state and Oregon in July, Weyerhaeuser Company (NYSE: WY) now owns or manages approximately 20.5 million acres of forestland in the U.S. and Canada, making the company one of North America's—and the world's—largest private sustainable forestry operations.

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

"Weyerhaeuser is dedicated to industry leadership in forest stewardship and sustainability, and we will continue that leadership as we bring the recently acquired Longview Timber operations into our portfolio," said Tom Gideon, Weyerhaeuser's executive vice president of Timberlands. "All of Weyerhaeuser's North American forests will continue to be certified to the Sustainable Forestry Initiative ® standard, which ensures that our forest management practices meet a broad spectrum of social, economic and environmental requirements."

With more than 240 million acres within its purview, the Sustainable Forestry Initiative is the largest forest certification standard in the world. Certification criteria are established by a diverse group of community organizations, environmental groups, industry, academia and government agencies.

"By successfully achieving independent, third-party certification of its lands to the SFI standard, Weyerhaeuser has demonstrated a strong commitment to responsible forestry and to the communities that depend on a variety of forest benefits," said Kathy Abusow, president and CEO of the Sustainable Forestry Initiative.

To become SFI certified, auditors assess compliance in dozens of factors key to responsible, renewable forest management, including demonstrated performance in forest productivity and health, sustainable harvesting, protection of water resources, promotion of biodiversity and fish and wildlife habitat, protection of at-risk species, legal compliance, training, ongoing research and continuous improvement, and more.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,642.09 +201.50 1.16%
S&P 500 2,092.21 +24.57 1.19%
NASDAQ 5,089.0990 +49.3230 0.98%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs