Goals and Progress
Our journey to truly great
COMMITTED TO IMPROVEMENT
We understand it’s not enough to simply say we are sustainable; we must be able to prove it by setting the right goals and transparently reporting our progress toward meeting them.
Our company has undergone a tremendous amount of change since we first adopted a comprehensive sustainability strategy in 2010. Since then, we have refreshed and simplified these goals to align with our new company vision and our current company structure.
Today, we are focused on three core areas of sustainability: producing great financial results, creating a great place to work for our employees and being great environmental stewards.
2020 GOALS | WHAT WE MEASURE | 2018 RESULTS | PROGRESS |
---|---|---|---|
Produce Great Financial Results | |||
Outperform competitors for each business |
EBITDA margin |
#1 or #2 in Timberlands (EBITDA/acre) and Wood Products (EBITDA) |
On track |
Create a Great Place to Work | |||
Be injury-free |
Number of severe incidents |
11 |
Below On track |
Develop a strong bench of leaders | Improve ratio of ready-now candidates for critical positions | Met or exceeded ratio of ready-now candidates as reported in internal succession plans | Achieves |
Be Great Environmental Stewards | |||
Certify timberlands to third-party sustainable forestry standards |
100 percent of timberlands portfolio certified to Sustainable Forestry Initiative's Forest Management Standard |
100 percent certified |
Achieves |
Recognize the additional benefits of our forests, beyond the trees | Measure, and share publicly, a set of ecosystem services provided by our timberlands | Data published on website | Achieves |
Do our part to help address climate change | Support and publicize the use of wood products as a carbon storage and lower embodied emissions solution | Wood products produced last year stored 9 million metric tons of CO2e |
On track |
Reduce absolute (total) greenhouse gas emissions by 40 percent from 2000 baseline |
53 percent reduction |
Exceeds |
|
Improve our energy efficiency | Improve energy efficiency (MMBTU per unit of production) by 25 percent from 2009 baseline |
15 percent improvement |
On track |
Reduce waste sent to landfills | Establish a reliable 5-year trend of tons per unit of production to set a value-added goal | Collected three years of consistent data to establish a reliable five-year trend | On track |
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