Resolute Forest Products Sustainability Profile
Resolute Forest Products, a leading player in the forestry and paper industry, is headquartered in Canada and operates extensively across North America. Founded in 2007, the company has rapidly established itself as a key provider of sustainable forest management solutions, wood products, and paper. With a diverse portfolio that includes lumber, wood panels, and newsprint, Resolute is committed to innovation and sustainability, setting it apart in a competitive market. The company’s dedication to responsible forestry practices has earned it numerous certifications, reinforcing its position as a trusted supplier. Recognised for its operational excellence, Resolute Forest Products continues to make significant strides in environmental stewardship, contributing to its reputation as a leader in the industry.
DitchCarbon Score
How does Resolute Forest Products'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 Paper Products 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
Resolute Forest Products's score of 31 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Resolute Forest Products's reported carbon emissions
In 2022, Resolute Forest Products reported significant greenhouse gas (GHG) emissions, with Scope 1 emissions totalling approximately 552,534,000 kg CO2e in Canada and 915,403,000 kg CO2e globally. Scope 2 emissions were reported at about 18,733,000 kg CO2e in Canada and approximately 452,026,000 kg CO2e globally. The company has set ambitious climate commitments, aiming for a 41.5% reduction in absolute Scope 1 and 2 GHG emissions by 2026, using 2015 as a baseline. This target has been validated by the Science Based Targets initiative (SBTi). Additionally, Resolute aims for a 16.5% reduction in Scope 3 emissions by 2026, also relative to 2015 levels. These targets reflect the company's commitment to align with global climate goals and contribute to a sustainable future. In 2023, the company reported GHG emission reductions of about 89,000 kg CO2e at its pulp, paper, and tissue mills, further demonstrating its ongoing efforts to mitigate climate impact. Resolute's initiatives are part of a broader industry goal to surpass a 20% reduction in GHG emissions by 2020 based on 2005 levels, showcasing its proactive stance in addressing climate change.
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| 2015 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 1,222,400,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 2 | 1,083,302,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 4,087,271,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Resolute Forest Products's Industry?
How Carbon Intensive is Resolute Forest Products's Location?
Resolute Forest Products's Scope 3 Categories Breakdown
Resolute Forest Products's Scope 3 emissions, which decreased by 14% last year and decreased by approximately 23% since 2015, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 70% of total emissions under the GHG Protocol, with "Processing of Sold Products" being the largest emissions source at 44% of Scope 3 emissions.
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Resolute Forest Products's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Resolute Forest Products has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Resolute Forest Products's sustainability data and climate commitments