Domtar, a North American manufacturer of diversified forest products, released its new sustainability strategy, a comprehensive plan that aligns the company’s priorities with key sustainability objectives and stakeholder interests.
The company’s 2030 targets include decarbonizing of its operations, products and value chain by being on track to meet the science-based GHG emission reduction target that will be set by 2026.
Domtar also plans to improve the water resiliency of its manufacturing operations by ensuring 100% of facilities have water-related risk mitigation plans in place.
The strategy includes performance metrics and benchmarks to track progress through 2030 with a focus on the company’s woodlands and manufacturing operations across Canada and the U.S. It will also serve as the framework for Domtar’s first integrated sustainability report, covering all three business units — paper & packaging, pulp & tissue and wood products — and set to be released later this year.
“We’re proud to release this Strategy at a still relatively early stage in the operational integration of our three legacy companies under the new Domtar brand,” said John D. Williams, Non-Executive Chairman of the Management Board of Domtar, in a statement. “Domtar has a long history of excellence in sustainability. We said we would maintain the highest levels of environmental stewardship and sustainability performance, and today we’re unveiling how we intend to deliver.”
Domtar’s strategy is aligned with the UN’s Sustainable Development Goals. Strategy development was led by Domtar’s Sustainability team and operational subject matter experts from across the company’s business units with select external guidance.