Environment & Sustainability
Resolute’s new scope 3 webpage enhances its climate reporting
January 12, 2023 By P&PC Staff
Resolute unveiled its new scope 3 webpage to enhance climate reporting. The company shared in a statement that it has been tracking its scope 3 greenhouse gas (GHG) emissions since 2009 and updating and disclosing its inventory since 2013. The company also discloses its annual carbon footprint to CDP, a globally recognized, non-profit framework that champions environmental disclosure as standard business practice.
Resolute has improved access to its disclosures on its new webpage dedicated to scope 3 emissions reporting. The new page highlights its emission reduction commitments in line with the Science Based Targets initiative (SBTi) and will help partners and stakeholders track the progress we are making toward reducing GHG emissions across our value chain. In 2022, SBTi validated Resolute’s new scope 3 emission reduction target – a 16.5 percent reduction over 2015 levels by 2026, which builds on its SBTi validated reduction target of 41.5 percent for scope 1 and 2 emissions.
Scope 3 is a reporting category that includes indirect emissions that occur in the value chain, both upstream and downstream, whereas scope 1 covers the carbon footprint of direct operations and scope 2, the carbon footprint of energy, such as purchased electricity. Scope 3 emissions often make up the majority of a company’s GHG emissions. At Resolute, approximately 70 percent of its 2021 total carbon footprint falls into this category.
Actions to reduce GHG emissions and combat climate change are cornerstones of Resolute’s sustainability strategy. In 2022, the company achieved its 2025 GHG reduction target ahead of schedule by reducing its scope 1 and 2 absolute GHG emissions by 32 percent compared to 2015 levels. In total, Resolute has reduced scope 1 and 2 emissions by 85 percent at its pulp, paper and tissue mills since year 2000.
To learn more about Resolute’s scope 3 emission reductions, visit the Scope 3 Emissions webpage.
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