News Environment & Sustainability
Canfor Pulp, Canfor jointly release 2023 sustainability report

Canfor Pulp Products and Canfor Corporation have jointly released their 2023 Sustainability Report. The report highlights the companies’ environmental, social and governance (ESG) activities and tracks performance against established goals.

“Our sustainably-produced forest products are in demand as the world continues to shift to a low-carbon economy. In addition to the steady and sustained shift from traditional usage in printing and writing paper to growth markets like tissue, hygiene and packaging, pulp products are experiencing new market development in bioproducts for applications replacing fossil-based materials,” said Kevin Edgson, president and CEO of Canfor Pulp. “While our backbone is the strength and versatility of our products, these characteristics also extend to our people who develop them every day, safely and sustainably.”

Highlights of the 2023 sustainability report include:

• Moving towards the company’s goal of becoming net-zero by 2050, including establishing a target to reduce its scope 3 GHG emissions by 25 percent by 2030 from a 2022 baseline year. This builds on its previously established target to reduce scope 1 and 2 emissions by 42 percent by 2030 from a 2020 baseline year. The company’s emissions targets were submitted for validation with the Science Based Targets initiative (SBTi). The company also developed a Climate Change Strategy to prioritize and focus climate-related initiatives across the company.
• Progressing diversity and inclusion initiatives, with 50 percent of Canfor Pulp and Canfor’s North American new hires coming from under-represented groups and 98 percent of its salaried employees in North America completing the Inclusion and Diversity Awareness Training.
• Maintaining responsible forest stewardship practices, with 100 percent of the Canfor-managed forests certified to SFI or FSC Forest Management Standards, and 100 percent of all sourced wood in the company’s North American wood products operations certified to SFI Fibre Sourcing Standard.
• Advancing Indigenous partnerships, with almost half of the company’s Canadian operating area covered by agreements with Nations. Canfor Pulp and Canfor continue to work closely with Indigenous communities to find opportunities for mutually beneficial partnerships.

Canfor Pulp’s 2023 Sustainability Report is available here.