New Forests announces two key appointments and formation of Impact & Advocacy Group

New Forests, the global forestry investment manager, today announces two key appointments in sustainability and communications and the formation of the company’s new Impact & Advocacy business unit.

Jo Saleeba joins as Head of Sustainability, bringing her extensive experience in sustainability and working with asset owners on responsible investment and climate change. Jo was the inaugural CEO of the Investor Group on Climate Change (IGCC) Australia and New Zealand and previously led the responsible investment team at HESTA, one of Australia’s largest superannuation funds.

Responsible for building on New Forests’ position as a global leader in sustainable forestry, Jo will continue to develop the company’s sustainability and impact framework and focus on how opportunities in natural climate solutions, biodiversity conservation and the circular bioeconomy can create value for investors, the environment and communities. She will engage investors in scaling impact through the deployment of capital to sustainable forestry and landscape management.

Lauren Stewart joins as Head of Communications, bringing almost 20 years’ experience working across investment management, banking and corporate markets in the Asia-Pacific region and Europe. She was most recently Principal, Head of Communications for BNY Mellon Investment Management Asia Pacific. Lauren will proactively drive a global communications strategy to grow investor engagement with New Forests’ investment strategies and track record and to increase the recognition of forestry investment as a climate change and sustainable development solution.

Ms Saleeba and Ms Stewart will both report to Radha Kuppalli, Managing Director, Impact & Advocacy. Ms Kuppalli has been with New Forests since 2006.

Ms Kuppalli said, “We are excited to bring Jo and Lauren on board and form a new business group which reflects the critical importance of sustainability, communications, thought leadership and advocacy to New Forests’ investment performance and growth. Scaling investment in sustainable forestry can mitigate climate change and protect biodiversity, accelerate the transition to a circular bioeconomy, and support rural livelihoods. The Impact & Advocacy Group will work across New Forests to support the achievement of these outcomes as a company and as an industry.”

New Forests Advisory Pty Limited (ACN 114 545 274) is registered with the Australian Securities and Investments Commission and is the holder of AFSL No 301556 which authorises it and its authorised representatives New Forests Asset Management Pty Limited (ACN 114 545 283), (AFS Representative Number 376306), and New Agriculture Pty Limited (ACN 658 097 020) (AFS Representative Number 001298119) to provide general advice to wholesale clients into investments managed by New Forests. New Forests Inc is registered as an investment adviser under the Investment Advisers Act of 1940, as amended (the “Advisers Act”). Registration with the SEC does not imply any specific or certain level of skill or training. New Forests Asia (Singapore) Pte Ltd holds a Capital Markets Services Licence (CMS 100950) as an Accredited/Institutional Licenced Fund Management Company (A/I LFMC), issued by the Monetary Authority of Singapore.

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