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 63% 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 carbon emissions, with total Scope 1 emissions amounting to approximately 362,869,000 kg CO2e in the US and 552,534,000 kg CO2e in Canada. Their Scope 2 emissions were reported as approximately 433,293,000 kg CO2e (market-based) in the US and 18,733,000 kg CO2e in Canada. Globally, their total Scope 1 emissions reached about 915,403,000 kg CO2e, while Scope 2 emissions were approximately 452,026,000 kg CO2e (market-based) and 577,230,000 kg CO2e (location-based). Resolute Forest Products has set ambitious climate commitments, aiming for a 41.5% reduction in absolute Scope 1 and 2 GHG emissions by 2026 from a 2015 baseline. Additionally, they target a 16.5% reduction in absolute Scope 3 emissions within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and include biogenic emissions and removals from bioenergy feedstocks. Historically, the company endorsed an industry goal of exceeding a 20% reduction in GHG emissions by 2020 based on 2005 levels. They also achieved a notable 65% reduction in absolute Scope 1 and 2 GHG emissions by 2015 compared to a 2000 baseline, equating to an estimated reduction of 7,157,071 tonnes CO2e. Resolute Forest Products operates under the corporate umbrella of Resolute Forest Products Inc., which provides the framework for their emissions data and climate initiatives.
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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.
Frequently Asked Questions
Common questions about Resolute Forest Products's sustainability data and climate commitments