We are pleased to report our Forest Supply Chain is Carbon Neutral
Understanding and reducing our greenhouse gas footprint is a shared priority for both us and our external partners. We value being positive corporate citizens in our community.
We recognize forest products manufacturing is an energy intensive business and as such has the potential to release significant GHG emissions from manufacturing facilities and upstream and downstream transportation. Nevertheless, forests and forest products also remove significant quantities of GHG from the atmosphere and can store these emissions long-term in forest products like lumber to help balance our footprint.
In addition to the Physical Risks outlined in the previous section, the Supply Chain is subject to Transition Risks as governments take measures to reduce the impacts of climate change by regulating a reduction in GHG emissions. These efforts and policies have added and will continue to add inflationary costs to all aspects of the Supply Chain.