Market: Standing timber
Posted September 5, 2018
Kangaroo Island Plantation Timbers (KIPT) announced that, following a recent independent audit, the Company’s timber plantations have now been accredited under the Forestry Stewardship Council scheme.
FSC® certification means that the Company’s timber and, subject to chain of custody arrangements, all products that are produced from the fibre and lumber it provides, are able to be accredited under the FSC® scheme. The Company is also permitted to use the FSC® logo in connection with its plantations.
Managing Director John Sergeant said FSC® certification was an outward sign, and independent recognition, of the company’s commitment to operate to the highest environmental standards in the unique environment of Kangaroo Island. “It helps us demonstrate to the community, and to customers in Japan and China, that we are selling a premium product and that we are committed to sustainability.”
Kangaroo Island Plantation Timbers is Australia’s only listed timberland company. It manages a wholly-owned portfolio of hardwood and softwood forestry plantations, growing on former agricultural land on Kangaroo Island, South Australia.