Woodbois Limited SPOTT Transparency Assessment & Notice of Results (8923W)
24 Agosto 2020 - 1:00AM
UK Regulatory
TIDMWBI
RNS Number : 8923W
Woodbois Limited
24 August 2020
24 August 2020
Woodbois Limited
("Woodbois", the "Group" or the "Company")
Top Three Ranking in SPOTT Transparency Assessment
Notice of Results
Woodbois Limited (AIM: WBI), the African focused forestry and
timber trading company, is pleased to announce it has ranked 3(rd)
in the Sustainability Policy Transparency Toolkit ('SPOTT") ESG
policy transparency assessments for the worldwide timber and pulp
industries.
SPOTT, the online platform created by the Zoological Society of
London ('ZSL'), annually assesses multiple worldwide timber and
pulp producers and traders on the public disclosure of their
policies, operations and commitments to Environmental, Social and
Governance ("ESG") best practice.
The recognition of Woodbois' ESG practices and the transparency
of our disclosures is a welcome endorsement of our practices, and
further enhancing these high standards lies at the centre of
management's goals on behalf of all stakeholders. Woodbois was
recognised as the highest-ranked public company.
The Company welcomes the publication of assessments from bodies
such as the ZSL and has made a number of commitments in its
recently published Sustainability Report for 2019 to further align
operating practices with specific UN Sustainable Development
Goals.
As the importance of sustainable forestry management
increasingly becomes a focal point in the mitigation of
deforestation and climate change, Woodbois is dedicated to being at
the forefront of transparency and best practice.
Chairman and CEO Paul Dolan said: "We are delighted to announce
that, in only our second year of assessment, our ranking has
improved to 3(rd) place out of 103 companies in the SPOTT timber
producers table. We consistently strive to improve the standards of
our ESG policies, providing transparency and good governance along
with our sustainability focussed operating model. The recognition
of this by SPOTT independently validates these policies and we have
a secure foundation to build upon."
To see the SPOTT assessment for all 103 companies, please click
here
To see Woodbois' 2019 Sustainability Report, please click
here
Notice of Results
The Company will announce its interim results for the six months
to 30 June 2020 on Wednesday 2 September 2020.
Enquiries:
Woodbois Limited + 44 (0)20 7099
Paul Dolan - Chairman and CEO 1940
Canaccord Genuity, Nominated Advisor and Broker
Henry Fitzgerald-O'Connor
James Asensio + 44 (0)20 7523
Thomas Diehl 8000
Alma PR, Financial PR +44 (0)20 3405
Rebecca Sanders-Hewett 0205
Justine James woodbois@almapr.co.uk
Robyn Fisher
Kieran Breheny
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