Wednesday, February 28, 2024
In the realm of environmental management, transparent and science-based reporting stands as a cornerstone for progress. Resolute recognizes this imperative, hence diligently shares its annual environmental disclosures with CDP, a revered non-profit organization renowned for its global platform assessing environmental performance, transparency, and climate change initiatives. Through participation in CDP’s disclosure programs, stakeholders ranging from investors to municipalities gain invaluable insights, enabling them to gauge progress and catalyze actions towards sustainability.
Since the program’s inception in 2006, Resolute has voluntarily embraced CDP disclosures, underscoring their unwavering dedication to transparency and fostering a greener, more accountable future.
Now, they are pleased to share that their 2023 CDP scores either increased or remained consistent compared to 2022.
Forests
Resolute improved its score in the forests category by advancing from a B score in 2022 to an A- leadership level in 2023. This is higher than the North American regional average of C, and higher than the wood and paper materials sector average of B. The result demonstrates they are implementing current best practices in forestry.
All of the woodlands we manage are third-party certified to at least one internationally recognised forest management standard, either through the Sustainable Forestry Initiative® (SFI®) and/or the Forest Stewardship Council® (FSC®). They are also the largest holder of SFI and FSC forest management certificates globally. They ensure the traceability of 100% of fiber supply through their chain of custody, which shows how they track the source of certified fiber in their products. Also, 100% of the company’s tracking systems are third-party certified and follow internationally recognised standards.
Climate Change
Resolute maintained a management level score of B in the climate change category, in recognition of the coordinated action we are taking on climate issues. Compared to their 2000 levels, the scope 1 and 2 greenhouse gas (GHG) emissions at our pulp, paper and tissue mills are 87% lower. Last year, they launched a scope 3 webpage, enhancing their reporting on indirect emissions that occur in the value chain. Resolute is also aligned with their reporting according to the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD), disclosing our climate-related risks and opportunities, as well as governance and risk management practices.
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Tags: Climate change, environment protection, Resolute, woodworking industry, woodworking USA
