New Report Seeks Securities and Exchange Commission Investigation of Misleading Climate Claims by Biomass Industry Giant

Investors With $53 Billion in Assets Call On SEC To Scrutinize Bioenergy Sector Claims That Burning Wood Reduces Greenhouse Gas Emissions and Benefits Forests

Pelham, MA and Asheville, NC.  March 14, 2016 – Citing a new report by the Partnership for Policy Integrity and Dogwood Alliance on Enviva Biomass, the largest wood pellet manufacturer in the US, 34 investment groups with over $53 billion in assets under management have requested that the SEC examine claims of climate benefits in the biomass energy sector, and enforce rules requiring companies to disclose material information, including climate-change related risks, to investors.

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