Campbell Global Climate Positive in 2020, With Net Carbon Capture of 1.3 Million Tonnes of CO2 Equivalents
on April 26 2021 10:14 PM
PORTLAND, Ore. (BUSINESS WIRE) Campbell Global (“Campbell”) today announced the results of its inaugural carbon footprint assessment for assets under management. For the 2020 calendar year, Campbell’s carbon footprint was climate positive, with managed timberlands sequestering over 1.7 million tonnes of CO2 equivalents (MMTC02e) across the United States, New Zealand, and Australia. After accounting for Scope 1, 2, and 3 emissions associated with forest operations and operating facilities, net carbon capture for the year was approximately 1.3 MMTC02e. Sustainable timber harvests also yielded more than 6.6 MMTC02e in the form of certified raw materials that were delivered to downstream wood processing facilities.