Aracruz Celulose

The company also produces estimates of the carbon reserves present in its plantations and in its native reserve areas. Greenhouse emissions and carbon reserves are checked regularly by an independent third party, and the results are made available on Aracruz's climate change website and in the company's Sustainability Reports. By making this inform... ation freely available, Aracruz aims to provide a greater degree of transparency and to contribute to furthering discussion on the subject. The company develops and supports studies of forest productivity models that are associated with climate change scenarios. This knowledge is fundamental for forecasting the possible impact of climate change on forest production and for choosing the most suitable sites for Aracruz's plantations. A partnership was formed in 2006 with Australia's Commonwealth Scientific and Industrial Research Organisation (CSIRO) to develop and calibrate a scientific methodology appropriate to Aracruz's situation. The company also supports the development of carbon credit markets that have a solid scientific basis, and where measures that reduce greenhouse emissions or increase carbon reserves are stimulated. Aracruz was the first Latin American company to voluntarily adopt reduction targets when it joined the Chicago Climate Exchange (CCX) - 1% of emissions in 2003, 2% of emissions in 2004, 3% of emissions in 2005 and 4% of emissions in 2006 compared to the baseline. During 2006, the Company's methodology for the quantification of carbon stocks in eucalyptus plantations was approved by the CCX's Forestry Committee. Currently, the Company is undergoing an outside audit by two international verification organizations.Read More