JACKSON, Miss.--(BUSINESS WIRE)--Molpus Woodlands Group, LLC (Molpus) today announced it has now registered or sold more than one million acres of carbon offset projects, which are estimated to generate over 7 million metric tons of carbon offsets. The twenty projects are located within ten different U.S. states.
These forest carbon offset programs highlight the opportunities for Molpus’s sustainably managed forests to deliver value to its clients as well as having a climate- and nature-positive impact. Molpus’s carbon offset program is led by veteran environmental executive Dick Kempka, Vice-President, Conservation, who formerly held positions with The Climate Trust and Equator LLC. He is supported by Molpus’s dedicated Real Estate and Renewables team.
“Working forests provide us with so many benefits: environmental, social, and economic. They are also important in playing a role in mitigating climate change, by sequestering and storing carbon,” said Kempka. “As one of the largest timber investment management organizations in the U.S., Molpus is at the forefront of this market, which has demonstrated both environmental and economic benefits.”
Bob Lyle, President of Molpus, said, “Molpus takes great pride in being a good steward of the forests we manage and finding new and innovative markets for forest products. Forest carbon markets are a meaningful way to provide value to our clients, while at the same time finding potential solutions for today’s most challenging climate problems. Carbon credits are the latest installment in the Molpus story.”
The Molpus Woodlands Group, LLC (Molpus), an SEC registered investment adviser, acquires, manages, and sells timberland as an investment vehicle for pension funds, college endowments, foundations, insurance companies, and high-net-worth individual investors. Molpus currently manages approximately 1.9 million acres of timberland investments in 15 states. We incorporate environmental, social, and governance (ESG) policies and practices into investment analysis and decision-making. We believe our strong ESG initiatives have positive implications for the environment and the future of Molpus. Molpus was founded in 1996 as a timber investment management organization and has a company legacy dating back to 1905. Molpus is one of the oldest timber-related companies in the United States.
For more information, visit molpus.com. Nothing herein constitutes an offer to sell or a solicitation of an offer to subscribe for or buy any security with respect to any fund. In considering the performance of investments referred to in these materials, prospective timberland investors should keep in mind that prior performance of Molpus investments is not indicative of future results, and there can be no assurance that Molpus will achieve comparable results in the future.