Erling S. Lorentzen
MBA 1948
MBA 1948
“I created Aracruz to be an environmentally sound industrial company. When the concept of sustainable development became well known following the Brundtland Report to the United Nations in 1987, I became involved in renewable forestry worldwide through the World Business Council for Sustainable Development, and I continue to address environmental problems in my current work.”
Today Lorentzen is deeply involved in two initiatives in Ghana through his African Plantations for Sustainable Development (APSD). One project focuses on carbon neutral thermoelectric power generation with a long-term development potential of 600 megawatts, fueled by biomass from sustainably managed eucalyptus plantations. The second project involves plantation development that will eventually provide raw material for a 1.5 million ton per year pulp mill. These plantations will substantially contribute towards reversal of the rapid deforestation of Ghana, while capturing and permanently storing substantial volumes of carbon dioxide.