Canfor Corporation and Canfor Pulp Products Inc. have released their joint 2024 Sustainability Report, showcasing significant strides in environmental, social, and governance (ESG) performance.
The report, published on April 2, 2025, underscores the companies' commitment to sustainable practices amid a challenging year.
Stephen Mackie, President and CEO of Canfor Pulp, emphasized the centrality of sustainability to their operations: “Sustainability is core to our business at Canfor Pulp, from the forest to our manufacturing processes and our finished products. Despite a challenging year, we have continued our focus on sustainability performance, operating safely, and producing high-quality pulp and paper products for customers worldwide”.
Key Achievements in 2024
The report outlines several notable accomplishments:
Sustainable Forest Management: All Canfor-managed forests are certified under SFI® or FSC® Forest Management Standards, with 100% of sourced fiber in North American operations managed to the SFI Fibre Sourcing Standard. Canfor Pulp also holds PEFC and FSC Chain of Custody certifications.
Safety and Workforce Development: The establishment of a global safety forum and new initiatives aimed at improving workplace safety were complemented by expanded employee development programs to enhance leadership skills.
Community Investments: Over $2 million was donated through the "Good Things Come From Trees" program, supporting hurricane disaster relief, education scholarships for future forest sector workers, and sports sponsorships in Sweden.
Climate Goals: The Science Based Targets initiative (SBTi) approved Canfor’s near-term and long-term emissions reduction targets in 2024. Nearly 80% of the company’s energy use came from renewable sources as it progresses toward its goal of achieving net-zero emissions by 2050.
A Commitment to Sustainability
Susan Yurkovich, President and CEO of Canfor Corporation, highlighted the broader vision: “Sustainability is at the forefront of our business... Our employees are implementing sustainability programs while maintaining safety, developing new renewable products, and continuing to supply high-quality, low-carbon forest products in demand around the world”.
The full 2024 Sustainability Report is available at canfor.com/sustainability.
Canfor Pulp Products Inc. is a leading global supplier of pulp and paper products with operations in the northern interior of British Columbia. Canfor Pulp operates two mills in Prince George, BC with a total capacity of 780,000 tonnes of Premium Reinforcing Northern Bleached Softwood Kraft ("NBSK") pulp and 140,000 tonnes of kraft paper.
Canfor is a global leader in the manufacturing of high-value low-carbon forest products including dimension and specialty lumber, engineered wood products, pulp and paper, wood pellets and renewable energy. Proudly headquartered in Vancouver, British Columbia, Canfor produces renewable products from sustainably managed forests, at more than 50 facilities across its diversified operating platform in Canada, the United States and Europe. The Company has a 77% stake in Vida AB, Sweden's largest privately owned sawmill company and also owns a 54.8% interest in Canfor Pulp Products Inc.
