Green Resources is Africa’s leading forestation company and a leader in East African wood manufacturing. The company has 26,000 ha of standing forest in Tanzania, Mozambique and Uganda, established through its own planting activities. It operates Africa’s largest sawmill in Tanzania and electricity pole and charcoal plants in Tanzania and Uganda and is also one of the first global companies to receive carbon revenue from its plantation forests.
Green Resources was established in 1995 and is a private Norwegian company with 80 shareholders. It employs more than 3,600 people and has invested USD 150 mn equity in its East African operations since its inception. Green Resources aims to establish over 100,000 ha of plantation to serve the growing regional and global demand for wood products. Its strategy is based on growing wood for both traditional uses (sawn timber, panel board, pulp, etc.) and for the growing bio-energy sector. The company holds land for future planting and conservation, ensuring continued strong growth.
Green Resources uses IRIS metrics to support its broad range of reporting obligations, on development, sustainability, carbon, labour, biodiversity, etc., to a variety of stakeholders (shareholders, Governments, investors, certification bodies, etc.). IRIS metrics are internationally accepted and recognized already by some of our stakeholders, allowing us enough flexibility to build our own reporting framework.