Domtar commits to Chicago Climate Exchange
December 11, 2008 By Pulp & Paper Canada
Domtar has joined the Chicago Climate Exchange. Currently the only voluntary, legally-binding cap-and-trade system …
Domtar has joined the Chicago Climate Exchange. Currently the only voluntary, legally-binding cap-and-trade system designed to keep track of and reduce greenhouse gas emissions, the CCX represents companies who commit to sustainability in their business practices.
Domtar has committed to achieve an absolute greenhouse gas emission reduction of 6% below its 2000 emission levels, by 2010. The company has already reduced its fossil fuels by 21.3% from 2002 to 2007, while increasing its use of renewable energy to roughly 79% and reducing GHG emissions by 21.6% during the same period.
AbitibiBowater, Tembec, International Paper, Neenah Paper and Stora Enso North America are also members of the CCE.
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