RCS - Woodbois Limited - Publication of Integrated Report

WoodboisAnnouncement

10/06/2022 07:00

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RNS Number : 3964O  Woodbois Limited  10 June 2022

10 June 2022

Woodbois Limited

("Woodbois", the "Group" or the "Company")

Publication of Integrated Report

 

Woodbois Limited (AIM: WBI), the African focused forestry, timber trading,
reforestation and voluntary carbon credit company, is pleased to announce the
publication of its Integrated Report for the year ended 31 December 2021. The
Report is available on the Company's website at: www.woodbois.com
(http://www.woodbois.com/)

The Integrated Report aims to provide an overview of Woodbois' strategy,
performance, opportunities and future outlook in relation to material
financial, economic, social and governance issues. The report also addresses
value creation considerations for investors and all key stakeholders.

 Commenting on today's announcement, CEO Paul Dolan said:

 "I am delighted to present Woodbois' 2021 Integrated Report. We have always
aspired to be an active player in finding solutions that promote balance, and
invest a great deal of talent, energy and money into developing our own
sustainable blueprint for forests to flourish. Our latest report demonstrates
that traditional metrics of business success, such as financial performance
and positive numbers, are entirely achievable alongside meaningful action for
a more sustainable future".

 

 

Enquiries:

 

 Woodbois Limited

 Paul Dolan - CEO                                   + 44 (0)20 7099 1940

 Canaccord Genuity (Nominated Advisor and Broker)   + 44 (0)20 7523 8000

 Henry Fitzgerald-O'Connor

 James Asensio

 Gordon Hamilton

 

 

Background on Woodbois

 

Woodbois Limited (AIM:WBI) is an African-focused forestry company, divided
into three distinct, but highly complementary divisions comprising the
production and supply of sustainable African hardwood products, the trading of
hardwood and hardwood products, and a reforestation and carbon credit
division.

 

Woodbois' forestry division has production facilities in Gabon and Mozambique,
managing a total of c470,000 hectares of natural forest concessions. The
trading division comprises a highly experienced team of timber specialists,
who source and supply sustainable timber to a global customer base. Its
proprietary technology developed in house, captures, stores and presents data,
providing a matching engine to build scale and optimise trading opportunities
with its global customer base.

 

The Company's carbon sequestration and trading division was formed in March
2021 and aims to generate voluntary carbon credits for corporate partners
through the delivery of large-scale reforestation projects.

 

The Company's focus on the transparency and sustainability of its timber
operations has been recognised by The Zoological Society of London, which
ranked Woodbois joint sixth in its Sustainability Policy Transparency Toolkit
('SPOTT'') ESG policy transparency assessments for the worldwide timber and
pulp industries for 2021.

 

Please follow the Company on Twitter: @WoodboisLtd

 

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