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Canfor Corporation, a leading player in the wood and products of wood and cork industry, is headquartered in Canada. Established in 1938, Canfor has grown to become a significant force in the production of lumber, engineered wood products, and pulp. With major operations across British Columbia and Alberta, the company is renowned for its commitment to sustainable forestry practices and innovative manufacturing techniques.
Canfor's core offerings include high-quality dimensional lumber and specialty wood products, which are distinguished by their superior strength and durability. The company has achieved notable milestones, including recognition for its environmental stewardship and contributions to the forestry sector. As a market leader, Canfor continues to set industry standards, ensuring that its products meet the evolving needs of customers worldwide.
70
DitchCarbon score
+48 vs industry average
Canfor’s score of 70 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
High
Wood Products Other Than Furniture has above-average carbon intensity
Industry performance
0.339
20182025
The Wood Products Other Than Furniture industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Canfor's reported carbon emissions
Canfor's climate commitments include achieving net-zero greenhouse gas (GHG) emissions by 2050. As part of their near-term strategy, the company aims to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030, using a 2020 baseline year. This commitment is supported by Science Based Targets initiative (SBTi) validation.
For the 2024 reporting year, Canfor reported total GHG emissions of approximately 4,229.4 million kg CO2e. This comprised Scope 1 emissions of about 542.1 million kg CO2e, Scope 2 emissions (market-based) of approximately 125.5 million kg CO2e, and Scope 3 emissions totalling around 3,661.1 million kg CO2e.
In the 2023 reporting year, Canfor's Scope 1 emissions were approximately 631.6 million kg CO2e, and Scope 2 emissions (market-based) were about 134.8 million kg CO2e. Scope 3 data was not fully disclosed for this year.
For the 2022 reporting year, total emissions were approximately 5,630.2 million kg CO2e, with Scope 1 emissions around 719.5 million kg CO2e, Scope 2 emissions (market-based) of approximately 132.1 million kg CO2e, and Scope 3 emissions totalling about 4,909.8 million kg CO2e.
In 2021, Scope 1 emissions were approximately 709.4 million kg CO2e, and Scope 2 emissions (market-based) were about 110 million kg CO2e. Scope 3 data was not reported for this year.
In 2020, Canfor reported combined Scope 1 and 2 emissions of approximately 738.3 million kg CO2e.
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Canfor’s Climate Goals (2030 & 2050)
7 goals2050
90% reduction in scope 3 total
Canfor commits to reduce absolute scope 3 GHG emissions 90% by 2050 from a 2022 base year.
At risk90%
2030
25% reduction in scope 3 total
Canfor commits to reduce absolute scope 3 GHG emissions from purchased goods and services, fuel and energy related activities, upstream tran…
At risk25%
2050
Canfor commits to reach net-zero greenhouse gas emissions ac…
Canfor commits to reach net-zero greenhouse gas emissions across the value chain by 2050.
Behind target0%
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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
12 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
2030 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Canfor17 days ago
70
Frequently asked questions
Common questions about Canfor’s sustainability data and climate commitments
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