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MARKET WATCH: CDN COMPANIES SAY NO TO OLD TREES

July 1, 2000  By Pulp & Paper Canada


TORONTO, ON — Major institutions like Bell Canada, the Body Shop Canada, Bristol Myers Squibb Canada and Roots are among a growing list of Canadian companies that have instituted policies against the…

TORONTO, ON — Major institutions like Bell Canada, the Body Shop Canada, Bristol Myers Squibb Canada and Roots are among a growing list of Canadian companies that have instituted policies against the buying of wood and paper products from forest-products companies which cut down what are called ancient forests, said Markets Initiative, an advocacy group. For example, Bell Canada said in a letter to the advocacy group: “It is our intention to favor those wood-based product suppliers who will have adopted sustainable practices which do not contribute to the destruction of irreplaceable natural treasures such as ancient forests.” The Canadian companies have joined hundreds of US and European companies that have agreed to phase out the use of ancient forest products, including industry leaders like Ikea and Home Depot. About 20% of the world’s ancient forests remain standing,” said MI, an advocacy group that includes Forest Action Network, Friends of Clayoquot Sound, Greenpeace and Sierra Club of BC.

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