New initiative Brazilian pulp and paper giant Suzano has announced that, to mark the company’s centenary year, it will finance a new initiative worth some US$100 million to advance global efforts to protect and restore nature over the next decade.
Under the plan, the project is to be focused on “strengthening corporate sustainability practices in Brazil and beyond, and creating the next generation of experts and leaders that will tackle environmental challenges,” the Brazilian business said in a statement.
An initial US$30 million will be injected into partnerships to advance “research and education in conservation, climate change, and water resource management, with a particular focus on Brazilian ecosystems, and drive forward private sector strategies and action on nature,” according to Suzano.