Transparent, science-based reporting is critical when it comes to environmental management. That’s why Resolute reports its annual environmental disclosures to CDP, a globally recognized non-profit organization that operates a platform that assesses and scores environmental performance, transparency and action against climate change.
Participation in CDP’s disclosure programs allows investors, companies, cities and governments to measure progress and drive action around sustainability performance. Resolute has voluntarily completed CDP disclosures since the program’s inception in 2006, demonstrating our steadfast commitment to transparency.
We are pleased to share that our 2023 CDP scores either increased or remained consistent compared to 2022.
Forests
Resolute improved its score in the forests category by advancing from a B score in 2022 to an A- leadership level in 2023. This is higher than the North American regional average of C, and higher than the wood and paper materials sector average of B. The result demonstrates we are implementing current best practices in forestry.
All of the woodlands we manage are third-party certified to at least one internationally recognized forest management standard, either through the Sustainable Forestry Initiative® (SFI®) and/or the Forest Stewardship Council® (FSC®). We are also the largest holder of SFI and FSC forest management certificates globally. We ensure the traceability of 100% of our fiber supply through our chain of custody, which shows how we track the source of certified fiber in our products. And 100% of the company’s tracking systems are third-party certified and follow internationally recognized standards.
Climate Change
Resolute maintained a management level score of B in the climate change category, in recognition of the coordinated action we are taking on climate issues. Compared to our 2000 levels, the scope 1 and 2 greenhouse gas (GHG) emissions at our pulp, paper and tissue mills are 87% lower. Last year, we launched a scope 3 webpage, enhancing our reporting on indirect emissions that occur in the value chain. We also aligned our reporting according to the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD), disclosing our climate-related risks and opportunities, as well as governance and risk management practices.
Water Security
We also improved our water security score, moving from a C to a B. Water is essential to the manufacturing of pulp, paper and tissue. All our mills track water use, and we return 94% of the water we draw back to the environment. All the water we use passes through primary and secondary effluent treatments, and data on our water discharges is reported to organizations dedicated to sustainable water management.
For more information on CDP disclosures, visit the organization’s website.
