Domtar Completes FSC Certification of Forestland in AR; World Resources Institute Releases “sSwot” Guide; BofA Commits $20M to Community Development Financial Institutions for Sandy Relief - CSR Minute for December 21, 2012

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Domtar Completes FSC Certification of Forestland in AR; World Resources Institute Releases “sSwot” Guide; BofA Commits $20M to Community Development Financial Institutions for Sandy Relief - CSR Minute for December 21, 2012

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Friday, December 21, 2012 - 2:00pm

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CONTENT: Press Release

Domtar has completed certification of 70,000 acres of forestland in Arkansas by the Forest Stewardship Council. The award was the result of a two-year partnership process with the Four States Timberland Owners Association and its 55 landowner-members. The Canadian paper, pulp, and fiber company has set a goal of procuring 100 percent of its fiber from sources that are certified to the FSC standard.

The World Resources Institute has released an “sSWOT” guide—that adds a sustainability component to the traditional Strengths, Weaknesses, Opportunities, and Threats analysis that corporations use. The sSWOT guide was tested over the summer by a dozen major companies, including Target and Staples. It is designed to help corporate sustainability professionals engage colleagues, customers, and suppliers to identify links to business risks and to brainstorm new business opportunities.

13 Community Development Financial Institutions will get $20 million committed by the Bank of America to provide financing for small businesses and residents affected by Hurricane Sandy. CDFI’s are private sector financial organizations that fund affordable housing, small businesses, community facilities, and economic revitalization programs. As part of the rebuilding efforts in areas hardest hit by Sandy, the bank will provide the capital to CDFI participants at a zero percent interest rate, as well as defer principal repayments.

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Video Source: Domtar Completes FSC Certification of Forestland in AR; World Resources Institute Releases “sSwot” Guide; BofA Commits $20M to Community Development Financial Institutions for Sandy Relief

Keywords: Social Impact & Volunteering | Bank of America | Domtar | Forest Stewardship Council | Four States Timberland Owners Association | Hurricane Sandy | World Resources Institute | sustainability | “sSWOT” guide

CAMPAIGN: The CSR Minute

CONTENT: Press Release

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