Canfor Corp 2024 SR
The report highlights Canfor's progress toward its net-zero by 2050 goal, with near-term and long-term targets validated by the Science Based Targets initiative (SBTi). In 2024, the company achieved 100% certification for its managed forests under SFI or FSC standards and planted 62 million seedlings. Key environmental achievements include reducing Scope 1 and 2 emissions by 9.6% from a 2020 baseline and sourcing nearly 80% of operational energy from renewable sources. Socially, the company donated over $2.3 million to communities and launched a Global Safety Forum to enhance workplace safety across its international operations. Additionally, the company established a Canadian Indigenous Relationships Policy and exceeded its target for Indigenous vendor spending.
Company: Canfor Corp
Sector: Materials
Country: Canada
Year: 2024
Type: SR
Pages: 146
Canfor Corp
Sustainability Report
The report highlights Canfor's progress toward its net-zero by 2050 goal, with near-term and long-term targets validated by the Science Based Targets initiative (SBTi). In 2024, the company achieved 100% certification for its managed forests under SFI or FSC standards and planted 62 million seedlings. Key environmental achievements include reducing Scope 1 and 2 emissions by 9.6% from a 2020 baseline and sourcing nearly 80% of operational energy from renewable sources. Socially, the company donated over $2.3 million to communities and launched a Global Safety Forum to enhance workplace safety across its international operations. Additionally, the company established a Canadian Indigenous Relationships Policy and exceeded its target for Indigenous vendor spending.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees