Sustainable Business Australia (SBA) warmly welcomes New Forests to its membership, joining more than 35 other leading names in business and the environment which are committed to sustainability and action on climate change.
Headquartered in Sydney, New Forests is a sustainable real assets investment manager offering leading-edge strategies in forestry, land management, and conservation. Founded in 2005, the company is a demonstrated leader in responsible investment in the forest sector, offering institutional investments that seek to deliver attractive financial returns alongside sustainable impacts. New Forests focuses on geographic investment strategies in Australia and New Zealand, Southeast Asia, and the United States, with 5 billion in assets under management globally.
The firm is differentiated by its approach to sustainable landscape investment, whereby each of its investment strategies focuses on commercial opportunities that advance action on climate and sustainable development in the forest sector. New Forests manages more than 950,000 hectares of land and forests in the Asia-Pacific region and the United States for sustainable timber production and conservation. The company also manages timber processing businesses and infrastructure assets and has an international timber marketing and trading subsidiary.
New Forests also recently joined the World Business Council for Sustainable Development, for which SBA is the Australian global network partner.
“New Forests adds significant weight to our already impressive membership,” said Andrew Petersen, CEO of Sustainable Business Australia. “The real-world impact of New Forests’ investment strategies cannot be overstated. It sets the standard for investment managers simultaneously delivering transformational change and impressive, sustainable returns for clients.”
“We particularly look forward to New Forests participation in our Land, Food and Water working group.”
New Forests’ CEO David Brand stated, “We look forward to deepening our engagement with our Sustainable Business Australia peer members to ensure our independent and collective actions deliver good outcomes for society and the environment. It is now evident that the world’s forests must be harnessed as an engine of climate mitigation and emissions removals, and it’s through business groups like SBA that we believe we can raise ambitions to grow the low-carbon economy in a sustainable and equitable manner.”