News Environment & Sustainability
Resolute discusses impact of long-term targets on ESG performance

Resolute Forest Products recently discussed how setting long-term targets influences ESG performance. The company explained that sustainability performance matters to the forest products sector’s long-term growth. The industry has reportedly been an essential player in land management and forest conservation, and also in the social and economic well-being of the communities in which it operates. The tools to measure the industry’s impacts have grown more sophisticated, and the same can be said of sustainability reporting.

Resolute’s public commitments drive the company’s sustainability performance. These commitments are a combination of ambitious long-term objectives, annually revised targets and aspirational goals designed to maintain our competitive position. Its sustainability committee, a cross-functional group comprised of senior managers from various departments, annually reviews and refines these commitments as it considers its work on each target. The company shares that it reports its year-over-year performance and continues to build on a solid base of accomplishments.

Organized by environmental, social and governance (ESG) commitments on its corporate website, Resolute’s current and 2026 targets reportedly reflect its commitment to continuous improvement and transparency.

Highlights of some of the targets include:

• Greenhouse gas (GHG) emission reduction targets in line with the Science Based Targets initiative (SBTi)
• Internationally recognized forest management certification at 100 percent of Resolute-managed woodlands, as well as chain of custody certification at 100 percent of our manufacturing facilities
• Annual water consumption targets for each of our pulp, paper and tissue mills
• Progress toward our 2026 Occupational Safety and Health Administration (OSHA) incident rate target of 0.40 or less, by achieving 0.55 in 2023
• Reduction in roundwood consumption at our wood products facilities of 0.025 m 3 /mfbm
  compared to 2022
• Annual contributions of at least $1 million to community and charitable organizations as well as academic institutions
• A DE&I committee to deploy a company-wide communication program
• Promotion of the economic participation of Indigenous peoples and businesses in the
  forest products sector

Resolute is making important progress in achieving its 2026 ESG targets, it says.