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ESG Performance: How Long-Term Targets Lead to Lasting Change

Sustainability performance matters as much to the forest products sector’s long-term growth as it does to society at large. The industry has long been an essential player not only in land management and forest conservation, but also in the social and economic well-being of the communities in which it operates. The tools to measure the industry’s impacts have grown more sophisticated, and the same can be said of sustainability reporting.

Driving sustainability performance

Resolute’s public commitments drive the company’s sustainability performance. These commitments are a combination of ambitious long-term objectives, annually revised targets and aspirational goals designed to maintain our competitive position. Our sustainability committee, a cross-functional group comprised of senior managers from various departments, annually reviews and refines these commitments as we consider our work on each target. We report our year-over-year performance and continue to build on a solid base of accomplishments.

ESG reporting reinforces transparency and accountability

Organized by environmental, social and governance (ESG) commitments on our corporate website, our current and 2026 targets reflect our commitment to continuous improvement and transparency. Highlights of some of our targets include:

  • Greenhouse gas (GHG) emission reduction targets in line with the Science Based Targets initiative (SBTi)
  • Internationally recognized forest management certification at 100% of Resolute-managed woodlands, as well as chain of custody certification at 100% of our manufacturing facilities
  • Annual water consumption targets for each of our pulp, paper and tissue mills
  • Progress toward our 2026 Occupational Safety and Health Administration (OSHA) incident rate target of 0.40 or less, by achieving 0.55 in 2023
  • Reduction in roundwood consumption at our wood products facilities of 0.025 m 3 /mfbm
    compared to 2022
  • Annual contributions of at least $1 million to community and charitable organizations as well as academic institutions
  • A DE&I committee to deploy a company-wide communication program
  • Promotion of the economic participation of Indigenous peoples and businesses in the
    forest products sector

We are making important progress in achieving our 2026 ESG targets. The ongoing improvements in our safety performance, for example, move us closer to our goal of reaching 30 million hours without a single recordable incident across company operations. And our more than $1 million in contributions in 2022 has laid the foundation for achieving our 2026 goal of contributing at least $5 million to charitable and community organizations, as well as educational programs.

For a synopsis of the company’s sustainability strategy and ESG performance, we invite you to read our ESG at Resolute leaflet.

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