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

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Canfor Corp

Canfor Corp 2024 Sustainability Report

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