Climate Change Data

UFP Industries, Inc.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:176,977 mtons CO2e (Scope 1+2)
Scope 1 Emissions:88,209 mtons CO2e
Scope 2 Emissions:88,768 mtons CO2e
Water Consumption:530 million gallons
Waste Generated:95,684 tons (non-hazardous)

ESG Focus Areas

  • Environmental Sustainability
  • Culture
  • Governance

Environmental Achievements

  • Two renewable energy (solar) installations in the United States.
  • 0% wastewater discharge from treating plants.
  • Recycling of wood dust exceeding 25,000 tons per year.
  • Use of up to 95% reclaimed and recycled materials in Deckorators composite decking.

Social Achievements

  • 68,016 training hours for employees in 2023.
  • Low, industry-leading accident frequency rate.
  • Implementation of programs to support diverse and low-income job candidates.
  • Annual Plant Review, Employee Relations Evaluation, and All-Employee Survey to measure employee engagement.

Governance Achievements

  • Alignment of systems to NIST 800-53 cybersecurity standard.
  • Implementation of a robust governance structure with independent director-led committees.
  • Strong shareholder engagement process and shareholder proxy access.

Climate Goals & Targets

Environmental Challenges

  • Limited data in certain areas of operations, including recent acquisitions.
  • Climate change may alter productivity of forests and create physical and regulatory risks.
Mitigation Strategies
  • Making reasonable, conservative assumptions for data-limited areas.
  • Regularly evaluating ways to improve operational efficiencies and identify direct and indirect environmental impacts.
  • Monitoring changing regulatory requirements and other impacts to the business.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Changing temperature and precipitation patterns
  • Changes in fire frequency and intensity
  • Desertification
Transition Risks
  • Regulatory changes
  • Disruptions in supply chain
  • Barriers to market due to political and regulatory changes

Reporting Standards

Frameworks Used: SASB, TCFD

Certifications: FSC-C004179 Chain of Custody Certification, SCSCOC-001831

Sustainable Products & Innovation

  • Deckorators composite decking
  • Mineral-based composite decking