Removing and storing carbon dioxide from the atmosphere
Forests represent one of the largest and most readily available opportunities to remove carbon dioxide from the atmosphere and help mitigate the impacts of climate change. As companies increasingly look to offset or reduce their emissions and reach net-zero commitments, we are in a unique position through our Natural Climate Solutions business at Weyerhaeuser to support the growth and development of high-quality forest carbon projects that help companies and other organizations meet those commitments.
Developing High-Quality, High-Integrity Projects
Not all forests are suitable for a carbon offset project. We continually evaluate all our land holdings and identify potential project areas, and we have spent a lot of time over the last few years working through our internal analysis to determine where on our ownership forest carbon projects make the most economic sense. A lot of factors come into play, such as timberland value, local market pricing, our internal mill requirements and third-party supply obligations.
While we may ultimately participate in various types of forest carbon projects, we see the most immediate opportunity to develop Improved Forest Management (IFM) projects in the voluntary markets. Our current focus is to create and monetize the climate benefits of our sustainable working forests by providing the highest-quality IFM credits. We are committed to only bringing forward high-quality projects, and any project we pursue will adhere to strict standards.
Weyerhaeuser's Forest Carbon Principles
We believe a credible carbon market, when guided by honesty and transparency, provides the right incentives to support natural climate solutions that both reduce emissions and remove carbon from the atmosphere—helping us all achieve net-zero ambitions. We are committed to scaling a trusted carbon marketplace by developing carbon credits that meet the highest standards of quality and integrity. The following principles are the fundamentals of our carbon credit approach and direct all our work in this space.
Represent Real, Measurable Change
Ensure Durable Climate Benefits
Read more about these principles and the actions we take to ensure we bring only the highest-quality credits to the market.
If you'd like to learn more about opportunities on our land related to forest carbon projects, please fill out this form and we'll contact you.