New Forests has rolled out a first-ever responsible investment policy and reported total assets under management of AU$2.5 billion in its 2014 sustainability report.
New Forests, a private sustainable real assets investment manager, also implemented sustainability reporting using standardised metrics from the Impacting Reporting and Investment Standards (IRIS) program and used case studies to illustrate its sustainability reporting. New Forest has more than 615,000 hectares in assets under management, and manages 395,000 hectares of certified plantation forests as well as wetland and stream mitigation banks and forest carbon offset projects. The manager has four main vehicles – the Australia New Zealand Forest Fund (ANZFF) and the Australia New Zealand Forest Fund 2 (ANZFF 2), valued at AU$2.2 billion at the end of 2014; the Tropical Asia Forest fund (TAFF), valued at US$170 million; the Eco Products Fund (EPF), and Forest Carbon Partners (FCP), both valued at US$36 million. From July 1 2013 to 31 December 2014, the total assets under management increased by over 30%, New Forests reported.
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