Canfor
Canfor Corporation, commonly known as Canfor, is a leading integrated forest products company headquartered in Canada. Established in 1938, Canfor has grown to become a prominent player in the forestry industry, with major operations across British Columbia and Alberta. The company focuses on producing high-quality lumber, engineered wood products, and pulp, catering to both domestic and international markets. Renowned for its commitment to sustainable forestry practices, Canfor stands out with its innovative product offerings, including premium-grade softwood lumber and advanced engineered wood solutions. With a strong market position, Canfor has achieved notable milestones, including recognition for its environmental stewardship and operational excellence. As a key supplier in the construction and manufacturing sectors, Canfor continues to drive advancements in the forest products industry while prioritising sustainability and quality.
DitchCarbon Score
How does Canfor's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Wood Products Other Than Furniture industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Canfor's score of 26 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Canfor's reported carbon emissions
In 2023, Canfor reported total carbon emissions of approximately 766,435,000 kg CO2e, comprising Scope 1 emissions of about 631,619,000 kg CO2e and Scope 2 emissions of approximately 134,816,000 kg CO2e. The previous year, 2022, saw total emissions of around 851,541,000 kg CO2e, with Scope 1 emissions at about 719,465,000 kg CO2e and Scope 2 emissions at approximately 223,000,000 kg CO2e. For Scope 3 emissions, Canfor disclosed a total of approximately 4,909,846,000 kg CO2e in 2022, which includes significant contributions from processing of sold products (about 1,524,147,000 kg CO2e) and end-of-life treatment of sold products (approximately 2,108,586,000 kg CO2e). Canfor has committed to achieving net-zero emissions across all scopes by 2050, with a near-term target status of "Committed" as of May 2022. This commitment aligns with the Science Based Targets initiative (SBTi) framework, indicating a long-term strategy to reduce their carbon footprint significantly. Overall, Canfor's emissions data reflects their ongoing efforts to monitor and manage their carbon impact while striving towards ambitious climate commitments in the forestry and paper products sector.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 7,229,000,000 | - | 0,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Canfor is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
