Environment & Sustainability
West Fraser’s science-based emissions reduction targets validated by SBTi
April 14, 2023 By P&PC Staff
The Science Based Targets initiative (SBTi) has validated West Fraser’s scope 1, 2 and 3 emissions reduction targets. The company explains in a press statement this validation further supports its plan to achieve near-term greenhouse gas (GHG) reductions across all its operations located in Canada, the United States, the United Kingdom and Europe.
“Climate action is a fundamental element of West Fraser’s sustainability strategy,” said Ray Ferris, president and CEO of West Fraser. “Validation of West Fraser’s proposed targets, committing to reduce GHG emissions in line with climate science and aligned with the Paris Agreement goals by 2030, furthers the credibility of our targets and builds on our solid legacy of sustainability performance of our products while enhancing the social, environmental and economic benefit in the communities in which we operate.”
SBTi helps companies to set and validate emission reduction targets in line with climate science and Paris Agreement goals. It promotes best practices in science-based target setting and independently assesses companies’ targets. To accelerate corporate climate action, SBTi is focused on significant reductions in global emissions before 2030 and achieving net-zero emissions before 2050.
West Fraser adds that it is on a path to reduce its scope 1 and 2 GHG emissions by 46.2 percent and its scope 3 GHG emissions by 25 percent, both by 2030.
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