Canfor Corp 2023 SR

The report highlights Canfor's progress in 2023, focusing on its goal to become a net-zero company by 2050. Key achievements include reducing absolute scope 1 and 2 emissions by 12% from a 2020 baseline and establishing a new target to reduce scope 3 emissions by 25% by 2030. The company maintained 100% certification for its managed forests and achieved a 76% renewable energy usage rate. Socially, Canfor improved its total recordable incident frequency by 8% and ensured that 50% of new hires in North America were from under-represented groups. The report also details the formalization of a Climate Change Strategy and significant investments in community resilience and Indigenous partnerships.

Company: Canfor Corp

Sector: Materials

Country: Canada

Year: 2023

Type: SR

Pages: 153

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Canfor Corp

Canfor Corp 2023 Sustainability Report

Sustainability Report

The report highlights Canfor's progress in 2023, focusing on its goal to become a net-zero company by 2050. Key achievements include reducing absolute scope 1 and 2 emissions by 12% from a 2020 baseline and establishing a new target to reduce scope 3 emissions by 25% by 2030. The company maintained 100% certification for its managed forests and achieved a 76% renewable energy usage rate. Socially, Canfor improved its total recordable incident frequency by 8% and ensured that 50% of new hires in North America were from under-represented groups. The report also details the formalization of a Climate Change Strategy and significant investments in community resilience and Indigenous partnerships.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees