Blue Source Sustainable Forests Co. Advances Its Carbon-First Strategy and Rebrands the Company Aurora Sustainable Lands™
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CHAPEL HILL, N.C. ~ Aurora Sustainable Lands, formerly known as Blue Source Sustainable Forests Company (BSFC), has announced the enrollment of 1.65 million acres of historically industrial American forestlands into its carbon-first management projects. This shift from timber harvesting to long-term carbon sequestration is part of the company's mission to create carbon value and sell credits representing 7.5 million tonnes of carbon removals and avoided carbon emissions to climate-conscious companies and organizations.

Jamie Houston IV, Aurora CEO, said "Forests are the original atmospheric carbon removal technology, and the conservation of our trees is critical to making significant progress against climate change." As a carbon-first company, Aurora Sustainable Lands invests in historically industrial forestlands with individual properties selected by in-house carbon experts for their long-term carbon sequestration and storage potential. These high-quality carbon credits are then exclusively marketed and sold by Anew Climate.

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Aurora estimates it can remove four to six million tonnes of carbon dioxide from the atmosphere per year for the next 100 years with its current diversified forest portfolio. Carbon removal and storage have been central to Aurora's business model since its inception in 2021, changing natural forest management from primarily timber revenue to carbon as the main revenue source.

Cakey Worthington, Aurora Vice President of Carbon Operations said "Credits from our projects are generated with models and systems honed through years of deep expertise in forest carbon, undergo multiple rounds of auditing, and have the highest level of transparency in the marketplace."

A recent study confirmed that companies participating in the voluntary carbon markets as part of an overall decarbonization strategy have more ambitious climate targets, higher investments in emission reduction efforts, and show more actual progress reducing their emissions than those that don't. Peer-reviewed research demonstrates that nature-based solutions could provide more than one-third of the climate mitigation needed by 2030 to keep global warming below 2o C, in line with the Paris Agreement, with forests providing nearly 75 percent of this total.

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W.H. "Bill" Easter, Aurora Board of Managers said "Aurora has the vision, capital, and expertise to acquire large land positions held by traditional timber harvesting companies and transform the land into carbon storage and management platforms." The company was awarded the 2023 ESG Investment Initiative of the Year, North America by Environmental Finance as well as The Land Report's 2022 Deal of the Year for its innovative approach to forest management and historic acquisition of The Forestland Group.

Aurora Sustainable Lands is leading a new era for forestry management with its commitment to conserving forests primarily for their ability to store large amounts of atmospheric CO2 while also providing other environmental benefits such as improved watersheds, cleaner air quality, protected habitats for wildlife species at risk due to climate change impacts such as deforestation or habitat fragmentation; all while creating a reliable source for high quality nature based credits that can be used by companies seeking ESG goals or net zero commitments.
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