Environment & Sustainability
Mercer International releases its first sustainability report
July 19, 2022 By Sukanya Ray Ghosh
Mercer International announced the release of its first sustainability report. Titled “Fit for Future”, the company’s 2021 sustainability report highlights Mercer’s commitment to team members, communities, the environment and biodiversity, safety and shareholders.
“The production of sustainable, renewable, bio-based products has always been a core element of our business. This inaugural sustainability report highlights our sustainability aspirations, the initiatives we are advancing to improve our operations, and the progress we are making each year,” said Juan Carlos Bueno, president and CEO of Mercer International. “We are proud of our work to date and look forward to preparing ourselves further for a low-carbon and circular future driven by renewable natural resources.”
The report includes information on how Mercer is advancing its environmental and sustainability ambitions. It also highlights how the company aligns with the standards and recommendations of the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-Related Financial Disclosures (TCFD) reporting frameworks.
The report also introduces Mercer’s 2030 target to reduce its Scope 1 GHG emission intensity by 35 percent, as validated by the Science Based Targets Initiative.
Bill Adams, vice-president of sustainability and innovation at Mercer, noted, “In addition to environmental elements, we have made considerable advancements in our disclosure of our social and governance initiatives including diversity, equity and inclusion in the workplace, health and safety and the stakeholder views identified through our comprehensive materiality assessment.”
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