Sealaska Forests Provide Benefits Through Carbon Project
Thursday, April 4, 2019

Sealaska’s current and future shareholders and leaders will have many opportunities from the income we receive from the carbon project. 

In 2018, Sealaska’s carbon-offset project became the first in Alaska to be issued carbon-offset credits through California’s cap-and-trade program. The project is contributing to Sealaska’s biggest net income year on record.

Creating financial, cultural and community benefits from our lands is Sealaska’s priority. Sealaska began exploring similar opportunities nearly a decade ago in an effort to find new, innovative ways to maximize the value of our lands. Sealaska’s carbon project lands will be managed to maintain environmental benefit for the project life.

While revenue from the sale of carbon credits will be realized during the next five years, Sealaska directors and management have taken steps to ensure that the impact to shareholders will extend for the next 100 years.

“We are excited that our carbon project allows us to recognize the effects of climate change and start making efforts to address the health of our planet and our oceans,” said Mallott.

Sealaska’s carbon project ties our land management efforts to our marine monitoring and environmental remediation businesses to address our changing environment.

“Sealaska’s current and future shareholders and leadership will have many opportunities from the income we receive from the carbon project,” said Anthony Mallott, Sealaska’s President and CEO.

Sealaska retains the ability to utilize the carbon project lands — allowing for mineral exploration, road building, and recreational or tourism opportunities. Additionally, these lands will still be accessible to shareholders for subsistence and other cultural activities.

Latest News

Sealaska Partners with AWARE

Posted 10/14/2021

#NativeEnough Discussion Series Shares Shareholder Perspectives on Blood Quantum

Posted 10/13/2021

UK Retailers Recognize New England Seafood’s Sustainability Practices with Prestigious MSC Award

Posted 10/12/2021

Q&A on Sealaska’s CARES Act Distribution in Partnership with Tlingit & Haida

Posted 10/5/2021

CARES Act Application Update – 11:10 a.m. Alaska Time

Posted 10/4/2021

Sealaska Refines Ocean-Based Foods Portfolio to Focus on Consumer-Centric, Chilled Seafood

Posted 10/1/2021

Sealaska to Partner with Tlingit & Haida to Distribute CARES Act Funds

Posted 9/30/2021

Sealaska Marks National Day of Remembrance for Indian Boarding Schools with Juneau Event

Posted 9/29/2021

ICYMI Watch | Tlatsini Journey of the Taku Kwan

Posted 9/28/2021

#SealaskaWayOfLife Photo Contest Winners Announced

Posted 9/24/2021

Sealaska Joins Partners in Announcing New Funding Source for Community Economic Development in Southeast

Posted 9/16/2021

Sealaska Shareholder Retires After 23-Year Law Enforcement Career in Alaska

Posted 9/1/2021

Sealaska’s $4.2 Million CARES Act Allocation: Part of a Larger Pool of Funding to Benefit Southeast Alaska Natives

Posted 8/31/2021

Land Management Training for Youth

Posted 8/23/2021

Sealaska Mourns the Loss of Xaad kíl Birth Speaker Jane Kristovich (K’ujúuhl)

Posted 8/20/2021