#Venture forthe job application full#
production or activities that impinge on the lands owned, or claimed under adjudication, by Indigenous Peoples (as defined by the IFC for the purposes of its exclusion policy), without full documented consent of such people.
production or trade in wood or other forestry products other than from sustainably managed forests or.commercial logging operations for use in primary tropical moist forest.production or activities involving harmful or exploitative forms of forced labour/harmful child labour.This means that the Partnership will not be invested in: The Charter also reflects the Portfolio Manager’s commitment to apply the International Finance Corporation (IFC) exclusion policy as relevant to forestry assets (the “ Exclusion Policy“) to all forestry investments of the Partnership. All commitments are at least aligned with forest certification standards: The Charter includes commitments and targets relating to the following categories. The Charter sets out the Portfolio Manager’s commitments and targets in relation to sustainable forest management, based on international forestry standards, and the key performance indicators against which performance can be measured. The Gresham House Forest CharterĪll forestry assets of the Partnership will be assessed at pre-investment stage and managed in line with the Charter unless any legal, regulatory, or natural obstacles outside the control of the Portfolio Manager prevent this. The integration of sustainability considerations, including ESG factors, into the investment decision-making process followed in respect of the Partnership is underlined by the following: 1. Sustainable investment process and commitments The biodiversity of all forests under management in which the Partnership is invested will be maintained, conserved and enhanced and opportunities for enhancing biodiversity will be considered in forest management plans for all forests in which the Partnership has invested.Īrea of forestland managed for biodiversity (%)Area of forestland allocated to a single species (%)Area of forest land allocated to native species (% ha) The operational carbon footprint of all forests under management in which the Partnership is invested will be measured and operational emissions will be reduced over time, where possible The long-term carbon stock of all forests in which the Partnership is invested will be managed and where possible the carbon sequestration of all such forests will be increased over the period under management New trees planted (excluding trees planted for restocking) in hectares and/or number of treesġ00% of timber sold from forests under management in which the Partnership is invested will be certified under national or international forestry standards The Partnership will invest in the creation of new productive woodland The table below sets out the key sustainability-related commitments of the Partnership and how these will be measured and monitored over time (many of which are also set out in the Charter).Īll forests invested in by the Partnership will be certified under the FSC and PEFCĪrea of forest land certified to a third-party certification standard (%) The Gresham House Forest Charter” below).Īll land and forests acquired by the Partnership will be managed by Coillte, and all will be certified under the FSC® ¹ (Forest Stewardship Council®), and PEFC™ (Programme for the Endorsement of Forest Certification) and will continue to be independently certified as 100% sustainable pursuant to the relevant certification during the period that the Partnership owns them (with the exception of newly acquired land, which may not yet be certified at the time of purchase but in respect of which the Portfolio Manager will aim to ensure that 100% of forests thereon will be certified within a reasonable timeframe). All land and forests acquired by the Partnership will be managed in line with the commitments and targets made in the Portfolio Manager’s Forest Charter (the “ Charter“) (see “1.
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