BSFC Wins The LandReport 2022 Deal of the Year
The following information was first published by Bluesource on Wednesday, Jun 28, 2023 prior to the launch of Anew.
BSFC proudly acquired a 1.7-million-acre timberland portfolio from The Forestland Group for $1.8 billion, marking a groundbreaking achievement in carbon-centric forest investments. This acquisition, featuring diverse hardwood species, highlights a forward-thinking approach that prioritizes carbon sequestration over traditional logging. By planning to harvest only 10-20% of the annual timber growth, BSFC is setting a new standard in creating carbon offsets and investing in carbon markets. This innovative strategy underscores a commitment to environmental sustainability and long-term carbon storage, paving the way for a greener future.
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