Publication of Integrated Report

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

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) Henry Fitzgerald-O'Connor James Asensio Gordon Hamilton	+ 44 (0)20 7523 8000

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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