Highlights
As we reflect on the progress made toward our sustainability goals, we are grateful for our stakeholders who support us on our journey. Here are just a few of the key highlights we are most proud of from 2024.
Awarded the Sustainable Forestry Initiative (SFI) President’s Award
for our leadership in promoting mass timber and SFI certification within the supply chain, including climate-smart forestry, biodiversity conservation, and Indigenous relations.
83%
energy from renewable sources.
Refer to the Appendix – Key Methodologies for relevant scope, definitions, and calculation methodology.
Strengthened our human rights approach
through due diligence and formal supply chain risk assessments.
50%
Increased our pulp mill scope 1 emissions intensity reduction target to 50%.
TNFD
Published our first Taskforce on Nature-related Financial Disclosures report on nature and biodiversity.
CSRD
Conducted our first Corporate Sustainability Reporting Directive aligned Double Materiality Assessment.
Participated in the UN Global Compact SDG Ambition Accelerator program
to further advance our sustainability
alignment with the UN Sustainable
Development Goals.
17.61
Improved our Sustainalytics ESG Risk Rating to 17.6 (low risk)
which exceeds our target for our ESG-linked credit facility interest rate reduction.
1 Per Sustainalytics as of the date of this report.
CDP
Expanded our ESG rating disclosures, responding to the CDP forests, climate change, and water questionnaire.
