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Canfor and Canfor Pulp Jointly Release 2022 Sustainability Report
Canfor and Canfor Pulp Jointly Release 2022 Sustainability Report Canada NewsWire ...
About this update from Canfor Corporation
[{"type":"text","content":"\n \n \n \n Canfor and Canfor Pulp Jointly Release 2022 Sustainability Report\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n May 17, 2023\n \n \n /CNW/ - Canfor Corporation (TSX: CFP) and Canfor Pulp Products Inc. (TSX: CFX) jointly announce the release of the\n \n 2022 Sustainability Report\n \n , which outlines performance on topics such as climate change, sustainable forestry and energy management, and social issues such as inclusion and diversity, and Indigenous relations.\n \n \n \n \n \n \n \n \n \n \"Climate change is one of the most pressing issues we are facing today, and sustainable forest management and low carbon forest products can play a key role in addressing our changing climate,\" says\n \n Don Kayne\n \n , President and CEO, Canfor. \"Sustainability is at the very core of what we do, and our 2022 Sustainability Report outlines the progress we are making on embedding it throughout our company under our three pillars of people, planet and products.\"\n \n \n We continue to invest in a wide range of sustainability initiatives, with particular emphasis on greenhouse gas (GHG) emissions reductions. We have a target to reduce scope 1 and 2 GHG emissions by 42% by 2030 compared to a 2020 baseline year and have committed to investing at least\n \n $250 million\n \n in decarbonization projects through initiatives including fuel switching, energy efficiency and electrification opportunities. New for this year is a target to distribute\n \n $2 million\n \n annually to support community programs and initiatives through our\n \n Good Things Come From Trees\n \n community giving program, performance against targets for water management and air quality for Canfor Pulp, as well as performance against targets for waste management for our Canadian wood products' operations.\n \n \n For the first time, we obtained limited assurance from an independent third party on our scope 1 and 2 GHG emissions inventory for the 2020 baseline and 2022 performance year. \"Undergoing external validation of o...