WOODBOIS LIMITED

Environmental & Social Information • Aug 15, 2019

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 0904J

Woodbois Limited

15 August 2019

15 August 2019

Woodbois Limited

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

(AIM: WBI)

SPOTT Transparency Assessment

In its inaugural year of assessment, Woodbois has been placed 7th out of 97 companies on the SPOTT timber producers table, as one of only 9 other companies which were ranked in the 'higher' segment of the transparency score range this year.

SPOTT, Sustainability Policy Transparency Toolkit, is an online platform created by the Zoological Society of London to assess commodity producers and traders on the public disclosure of each company's policies and operations, as well as their commitments to environmental, social and governance (ESG) best practice.

As sustainable forestry management becomes an ever-increasing focal point in the discussion to mitigate climate change and deforestation, Woodbois is dedicated to working alongside organisations such as the ZSL to help assess companies that are at the forefront of managing tropical forests.

That our ESG practices and the transparency of our operational conduct should be of the highest standards, remains central to management's medium-term goals on behalf of all our stakeholders.

We look forward to working with the SPOTT team for the 2019 iteration of Woodbois' assessment. 

To see the SPOTT assessment for all 97 companies, please click here.

To see Woodbois' 2018 Sustainability Report, please click here.

Woodbois Limited Kevin Milne - Interim Chairman Paul Dolan - CEO www.woodbois.com	+44 (0)20 7099 1940
Arden Partners Plc (Nominated adviser and broker) Tom Price Maria Gomez de Olea	+44 (0)20 7614 5900

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

NRAEZLFFKVFBBBF