Climate Change Data

Weyerhaeuser Company

Climate Impact & Sustainability Data (2019, 2023-2024)

Reporting Period: 2019

Environmental Metrics

Renewable Energy Share:70%

ESG Focus Areas

  • Environmental Stewardship
  • Social Responsibility
  • Corporate Governance

Environmental Achievements

  • Reduced greenhouse gas emissions by more than 50% since 2000
  • 98% of waste is reused or recycled
  • 100% of timberlands are reforested after harvest
  • 100% of timberlands and wood products supply chain are certified to the SFI® standards
  • Wood products store the equivalent of 9 million metric tons of carbon dioxide every year

Social Achievements

  • Reduced injury severity by 35%
  • 96% of employees are proud of their work (2019 survey)
  • Employees led 280 community projects and volunteered 22,982 hours in 2019
  • Conducted pay equity reviews since 2004

Governance Achievements

  • Named one of the World’s Most Ethical Companies® by the Ethisphere Institute for the tenth time
  • Included in the Dow Jones Sustainability North American Index since 2005
  • Named among the Top 250 most effectively managed companies by The Wall Street Journal for the third time

Climate Goals & Targets

Supply Chain Management

Responsible Procurement
  • 100% of wood products supply chain is certified to the SFI® Fiber Sourcing Standard

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: SFI®

Awards & Recognition

  • World’s Most Ethical Companies®
  • Dow Jones Sustainability North American Index
  • Top 250 most effectively managed companies by The Wall Street Journal

Reporting Period: 2023-2024

Environmental Metrics

Total Carbon Emissions:10.2 million mtCO2e

ESG Focus Areas

  • Environmental Stewardship
  • Social Responsibility
  • Governance

Environmental Achievements

  • Received approval for and monetized our first forest carbon project in Maine, generating nearly 32,000 high-quality forest carbon credits.
  • Planted 121 million seedlings in recently harvested sites.
  • 98 percent of wood residuals from manufacturing used to create other products or generate energy.
  • Forests and manufactured wood products removed 38 million metric tons of CO2 equivalent in 2023.

Social Achievements

  • Strengthened DE&I roadmap, expanded Employee Resource Groups, and piloted a companywide mentoring program.
  • Announced new THRIVE program with a $5 million investment across five rural operating communities.
  • Launched Weyerhaeuser Innovation Challenge with Habitat for Humanity International.
  • Employees logged more than 19,000 hours of volunteer time.

Governance Achievements

  • Named one of the World’s Most Ethical Companies for the 15th year by Ethisphere.
  • 100% of timberland and mill sites have risk-based safety plans.
  • Annual sustainability significance assessment, performance review and trend analysis reviewed by board of directors and senior management team.

Climate Goals & Targets

Medium-term Goals:
  • Achieve net-zero emissions by 2040.
Short-term Goals:
  • Reduce greenhouse gas emissions 42% by 2030.

Environmental Challenges

  • Two employee fatalities in 2023.
  • Need to further improve inclusion in the workplace (84% of employees agreed their work environment is inclusive in a 2023 survey).
Mitigation Strategies
  • Relentless focus on achieving an injury-free workplace by learning from safety incidents and near misses.
  • Dedicated DE&I director and Inclusion Council working to increase diversity and create a truly inclusive environment.

Supply Chain Management

Responsible Procurement
  • Wood Procurement Policy; certification to SFI Fiber Sourcing Standard; Supplier Code of Ethics.

Climate-Related Risks & Opportunities

Physical Risks
  • Climate-related events
Transition Risks
  • Regulatory changes, market shifts
Opportunities
  • Development of energy-efficient products
  • Natural Climate Solutions business

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC, ISSB, TNFD

Certifications: SFI® Forest Management Standard, SFI Fiber Sourcing Standard

Awards & Recognition

  • Ethisphere’s World’s Most Ethical Companies®