Stakeholders from around the world are invited to give feedback on the revised Estonian Forest Certification System. Deadline for comments is 13 October. Give your feedback. The Estonian Forest Certification Council revised the country’s national forest certification system following the entry into force of the revised 2018 PEFC Sustainable Forest Management standard. The Estonian system was submitted to PEFC after being revised in line with PEFC requirements. The national system is now undergoing the PEFC assessment process, carried out by an independent PEFC Registered Assessor. It must pass this assessment to maintain its PEFC endorsement.

BillerudKorsnäs’ annual and sustainability report for 2018 is now available in pdf at www.billerudkorsnas.com/investors and is attached to this press release. A digital short version of the report, which is also designed for smartphone and tablet, can be found at https://billerudkorsnas.com/investors/highlights-2018. The printed version of the annual and sustainability report will soon be distributed to shareholders and other stakeholders who have requested to receive it. The printed version of the report can also be ordered via ir@billerudkorsnas.com.

Bloomberg, Cox Enterprises, Gap Inc., Salesforce, and Workday, with guidance from LevelTen Energy and its renewable energy procurement platform, closed 42.5 megawatts of a 100 megawatt North Carolina solar project by global renewable energy developer, service provider and wholesaler, BayWa r.e. This group of companies, coming together as the Corporate Renewable Energy Aggregation Group, is the first example of companies aggregating similar, relatively small amounts of renewable energy demand to collaboratively enter into a virtual power purchase agreement (VPPA), collectively acting as the anchor tenant for a large offsite renewable energy project. The unprecedented coordination between five international businesses lays the groundwork for other corporates to procure renewable energy cooperatively, maximizing value and reducing risk. The five members of the group, with support from the Business Council on Climate Change (BC3) and the Business Renewables Center (BRC), began collaborating in late 2017. Many potential renewable energy purchasers have historically been faced with a key problem: businesses looking to procure smaller energy loads have been unable to contract directly with large offsite renewable energy projects due to limited energy demand. This has so far restricted business’s ability to catalyze the development of new renewable energy projects. To solve this problem, the group evaluated several mechanisms for aggregating smaller amounts of renewable energy demand to afford them the collective buying power that is typically necessary to contract directly with a large offsite renewable energy project. Click read more below for additional detail.