West Fraser has issued its 2021 Sustainability Report outlining the group’s environmental, social and governance (ESG) performance over the past year while reflecting on the multiple ways in which respect for the planet and its population has become fundamental to interactions with customers, communities, its supply chain and other organisations.
The report details of the company’s 2021 sustainability achievements and strategy to meaningfully advance our performance through establishing credible ESG goals and targets. This includes a focus on climate action and decarbonisation of its operations, environmental stewardship, sustainable forest management and responsible fibre sourcing practices.
In 2022, West Fraser will continue to drive continuous improvement and identify opportunities to improve its climate, biodiversity, forest, land management and water practices. West Fraser aligns with the principles and requirements of the Task Force on Climate Disclosure (TCFD), Global Report Initiative (GRI) and Sustainability Accounting Standards Board (SASB), and guided by leading ESG ratings agencies such as Carbon Disclosure Project (CDP) Institutional Shareholder Services (ISS), S&P Global, Morgan Stanley Capital International (MSCI), and Sustainalytics.
Constant improvement to its carbon footprint and other sustainability measures is a journey to which West Fraser is fully committed.
