PotlatchDeltic Corporation

11/13/2020 | Press release | Archived content

CatchMark Joins Leading Conservation, Environmental and other Forestry Organizations to Establish Common Ground on the Role of Private Working Forests as a Natural Climate Solution

ATLANTA - November 13, 2020 - CatchMark Timber Trust, Inc. (NYSE: CTT) announced today that the firm has joined with leading conservation and environmental organizations as well as other forestry businesses in "a common vision" to address climate change and ensure sustainable, science-based practices in forest management.

The CEO Principles are a shared vision for increasing the contribution of forests and forest products to climate mitigation from leaders of the environmental, conservation and forest business communities. The signing CEOs recognize that private working forests and forest products can play an important role in mitigating climate change through thoughtful policy, private sector engagement, and investment in rural communities.

Brian M. Davis, CatchMark's Chief Executive Officer, said: "Promoting forest stewardship and sustainability through state of the art management practices is not only integral to CatchMark's operations and essential for our ongoing business success, but also is critical to the success of our industry and the entire forest sector."

Click here for related press release
Click here CEO Principles

About CatchMark
CatchMark (NYSE: CTT) seeks to deliver consistent and growing per share cash flow from disciplined acquisitions and superior management of prime timberlands located in high demand U.S. mill markets. Concentrating on maximizing cash flows throughout business cycles, the company strategically harvests its high-quality timberlands to produce durable revenue growth and takes advantage of proximate mill markets, which provide a reliable outlet for merchantable inventory. Headquartered in Atlanta and focused exclusively on timberland ownership and management, CatchMark began operations in 2007 and owns interests in 1.5 million acres* of timberlands located in Alabama, Florida, Georgia, North Carolina, Oregon, South Carolina and Texas. For more information, visit www.catchmark.com.
* As of September 30, 2020