Climate Change Data

Environmental Metrics

ESG Focus Areas

• Safety
• Ethics
• Stewardship
• Sustaining Forests
• Investing in People
• Improving our Planet
• Innovative Products
• Inspired Performance

Environmental Achievements

• 21 percent reduction in greenhouse gas (GHG) emissions since 2010
• 27 percent reduction in other air emissions since 2010
• 9.2% improvement in purchased energy efficiency
• 23 percent decrease in oxygen-depleting substances versus 2010 baseline
• 9% reduction in manufacturing waste to landfills
• 23% increase in recovery of OCC

Social Achievements

• 57 percent reduction in serious safety incidents versus 2010 baseline
• $19.3 million donated to charitable organizations in 2017
• 89 percent of global team members completed MyView employee engagement survey

Governance Achievements

• Appointed first Chief Diversity Officer
• Earned Ethisphere Institute’s “World’s Most Ethical Companies® award for the 12th consecutive year

Climate Goals & Targets

Environmental Challenges

• Climate change impacts (policy requirements and stakeholder expectations)
• Increased transparency and public awareness
• Maintaining a sustainable supply of fiber
• Addressing critical community needs
• Achieving an injury-free workplace

Mitigation Strategies

• Improve energy efficiency, maximize renewable energy, responsible forest stewardship, increased recovered fiber use
• Promote transparency through regular disclosures and stakeholder engagement
• Responsible forest management, fiber certification, combating illegal logging
• Financial contributions, volunteer opportunities, product donations
• Safety initiatives (LIFE program), safety training, safety leadership

Supply Chain Management

Supplier Audits: 78 high-priority suppliers surveyed in 2017 (approx. 11% of total spend)

Responsible Procurement

• Supplier Code of Conduct
• Pre-contract risk assessment
• Post-contract supplier sustainability assessment (Supply Shift)
• SMETA audits (Bureau Veritas)

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards: Core option

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 1: No Poverty
• Goal 2: Zero Hunger
• Goal 3: Good Health and Well-being
• Goal 4: Quality Education
• Goal 6: Clean Water and Sanitation
• Goal 7: Affordable and Clean Energy
• Goal 8: Decent Work and Economic Growth
• Goal 11: Sustainable Cities and Communities
• Goal 13: Climate Action
• Goal 15: Life on Land

Alignment of Vision 2020 Goals with UN SDGs described in report

Sustainable Products & Innovation

• THRIVE®
• EConTray®
• NatureShield

Awards & Recognition

• American Forest & Paper Association ‘Better Practices, Better Planet 2020’ Sustainability Award
• PR Daily’s 2017 Corporate Social Responsibility Awards
• Ethisphere Institute’s “World’s Most Ethical Companies® award

Environmental Metrics

ESG Focus Areas

• Healthy and Abundant Forests
• Thriving People and Communities
• Sustainable Operations
• Renewable Solutions

Environmental Achievements

• 22% reduction in greenhouse gas emissions from 2010 to 2019
• 49% reduction in air emissions (PM, SO2, NOX) from 2010 to 2019
• 63% increase in recovered old corrugated containers (OCC) from 2010 to 2019
• 19% reduction in manufacturing waste to landfills in 2019
• 5% improvement in purchased energy efficiency in 2019
• 47% increase in third-party certified fiber volume since 2010

Social Achievements

• 65% reduction in serious safety incidents since 2010
• More than $24 million invested in 2019 to address critical needs in communities
• 91% of employees believe safety is a core value
• Increased representation of women in REACH program by 5% over 2018

Governance Achievements

• Recognized as one of the World’s Most Ethical Companies for the 14th consecutive year
• Earned the designation of CPA-Zicklin Trendsetter for the third year in a row

Climate Goals & Targets

Environmental Challenges

• Market factors affecting energy efficiency
• Decreased recovered fiber pricing impacting energy efficiency
• Achieving zero manufacturing waste to landfill goal

Mitigation Strategies

• Continuous focus on energy efficiency improvement projects
• Implementing investments to improve efficiency
• Stressing efficiency, beneficial use of byproducts and recycling

Supply Chain Management

Responsible Procurement

• Third Party Code of Conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option

UN Sustainable Development Goals

• 12 of the 17 UN SDGs

The report mentions alignment with 12 SDGs but doesn't specify which ones.

Sustainable Products & Innovation

• Leak-Resistant Bliss Box
• IV Gamma Tray
• Recyclable corrugated pallet

Awards & Recognition

• World’s Most Ethical Companies
• CPA-Zicklin Trendsetter
• Women’s Choice Award
• Fortune Magazine World’s Most Admired Companies

Environmental Metrics

ESG Focus Areas

• Healthy and Abundant Forests
• Thriving People and Communities
• Sustainable Operations
• Renewable Solutions

Environmental Achievements

• 21.4% reduction in GHG emissions (exceeding the 20% Vision 2020 goal)
• 42% reduction in other air emissions (exceeding the 30% Vision 2020 goal)
• 35% decrease in oxygen-depleting substances (exceeding the 15% Vision 2020 goal)
• 26% reduction in manufacturing waste to landfills (short of the 30% Vision 2020 goal)
• 66% increase in recovery of old corrugated containers (exceeding the 15% Vision 2020 goal)
• 48% increase in third-party certified fiber (exceeding the 35% Vision 2020 goal)
• Nearly 75% of mill energy derived from renewable biomass residuals

Social Achievements

• Launched four Employee Networking Circles (LGBTQ+, veterans, African-Americans, women)
• Donated two million corrugated boxes to food banks worldwide
• Donated more than 300,000 other products to communities
• Employees provided 11,000 socially distant volunteer hours
• 97% of sites operated without a serious injury
• 75% reduction in non-employee injuries

Governance Achievements

• Recognized as one of the World’s Most Ethical Companies for the 15th consecutive year
• Earned the designation of CPA-Zicklin Trendsetter for the fourth consecutive year

Climate Goals & Targets

Environmental Challenges

• Economic downtime and market factors impacting energy efficiency progress
• COVID-19 pandemic impacting supply chains and operations
• Complexity surrounding efficient, cost-effective waste disposal solutions

Mitigation Strategies

• Implemented new safety measures to protect essential workers
• Continued to meet community needs through donations and volunteer efforts
• Used supply chain expertise to source PPE and maintain essential supply chains
• Created regional distribution centers for PPE
• Identified new pipelines for materials and PPE through minority- and women-owned businesses
• Continued efforts to improve operational efficiency and find new ways to use residuals

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Third Party Code of Conduct, supplier sustainability requirements, supplier diversity program

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards: Core option

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Corrugated alternatives to plastic containers, fiber-based fast food containers, 6 Air Pack

Awards & Recognition

• World’s Most Ethical Companies, CPA-Zicklin Trendsetter, various supplier diversity awards

Environmental Metrics

ESG Focus Areas

• Healthy & Abundant Forests
• Sustainable Operations
• Renewable Solutions
• Thriving People & Communities

Environmental Achievements

• Reduced greenhouse gas emissions by approximately 20% between 2010 and 2020
• Reduced coal and fuel oil use by half between 2010 and 2020
• Approximately 70% of mill energy derived from carbon-neutral biomass residuals
• Reduced water use intensity by nearly 2% from 2019 to 2021
• 48% of manufacturing waste diverted from landfill for beneficial uses in 2021
• 66% of fiber came from sources that were verified as meeting our Healthy and Abundant Forests goal

Social Achievements

• 94% of sites operated without a serious injury in 2021
• Improved the lives of more than 13.6 million people through community engagement programs
• Contributed to community literacy through the Rally to Read 100 campaign
• Provided 7.9 million meals through our partnership with Feeding America
• Purchased more than $930 million in supplies from more than 3,600 small, minority-owned, women-owned and veteran-owned businesses

Governance Achievements

• Reported pursuant to the Task Force on Climate-related Financial Disclosures (TCFD) recommendations for the first time
• Responded to CDP’s Climate Change, Forest and Water Security questionnaires
• Incorporated ESG considerations into everyday processes

Climate Goals & Targets

Environmental Challenges

• Climate change impacts on operations and supply chains (extreme weather, supply interruptions)
• Transition risks related to climate regulations, market shifts, and investor expectations
• Scope 3 GHG emissions from upstream and downstream value chain

Mitigation Strategies

• Science-based GHG emissions reduction target (35% by 2030, SBTi-approved)
• Investments in energy efficiency and fuel-switching initiatives
• Development of a supply chain GHG emissions calculator
• Supplier engagement to reduce GHG emissions
• Improved supply chain monitoring, supplier diversification, and resilience planning
• Investing in natural and built infrastructure improvements at highest-risk facilities

Supply Chain Management

Supplier Audits: Approximately 15 SMETAs per year (suspended in 2021 due to COVID-19)

Responsible Procurement

• Third Party Code of Conduct
• Human Rights Statement
• Global Fiber Procurement Policy

Climate-Related Risks & Opportunities

Physical Risks

• Extreme temperature
• Extreme weather

Transition Risks

• Regulatory impacts
• Marketplace impacts
• Financing and shareholder impacts

Opportunities

• Impact of Renewable Energy Participation

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: FSC, PEFC, SFI

Third-party Assurance: Not disclosed

Sustainable Products & Innovation

• OneBox packaging
• Connected packaging solutions
• Matrix® portfolio for concrete applications

Awards & Recognition

• World’s Most Admired Companies®
• World’s Most Ethical Companies®
• Best Companies to Work For
• Best Employers for Diversity
• French Packaging Innovation Award

Environmental Metrics

ESG Focus Areas

• Healthy and Abundant Forests
• Renewable Solutions
• Sustainable Operations
• Thriving People and Communities

Environmental Achievements

• 20% reduction in GHG emissions between 2010 and 2022
• 48% of manufacturing waste diverted for beneficial uses in 2022
• 361,000 acres of ecologically significant forestland conserved and restored since 2020
• 7 million tons of recovered fiber collected, consumed and marketed each year

Social Achievements

• $20M contributed to charitable organizations, benefiting 10+ million people worldwide in 2022
• 12,126 volunteer hours in 2022

Governance Achievements

• Recognized as one of the World’s Most Ethical Companies for the 17th time by Ethisphere

Climate Goals & Targets

Environmental Challenges

• Significant challenges in facilities with respect to operational decarbonization in 2022, with increases in fossil fuel use offsetting emission reductions at some mills.
• Lack of significant progress against enterprise goal of reducing water usage by 25% in 2022 due to lower production and supply chain disruptions.

Mitigation Strategies

• Renewed focus on supplier engagement to reduce value chain GHG emissions in 2023 and 2024.
• Investing in capital projects at facilities to reduce GHG emissions (e.g., Cedar River Mill project).
• Re-evaluating and improving water stewardship governance and processes, aligning water stewardship activities with manufacturing objectives.

Supply Chain Management

Supplier Audits: 7 manufacturing facilities completed on-site Sedex Member Ethical Trade Audits (SMETA) in 2022; 69 facilities updated Sedex Self-Assessment Questionnaires (SAQ).

Responsible Procurement

• Third Party Code of Conduct
• Global Fiber Procurement Policy

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: FSC, PEFC, SFI

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Vision 2030 aligns with UN Sustainable Development Goals.

Sustainable Products & Innovation

• Helix® fibers
• FloraCel® specialty products
• Elegance® fluff pulp
• ClimaShield® recyclable coatings
• Molded fiber interior packaging
• Respir® sustainable paper-based punnets
• Secure E-Box

Awards & Recognition

• FORTUNE Magazine World’s Most Admired Companies®, Women’s Choice Award®, Ethisphere Institute World’s Most Ethical Companies®, American Forest & Paper Association Diversity, Equity and Inclusion Award, 3BL 100 Best Corporate Citizens, Liderpack Best Logistics and Distribution Packaging Award, 2023 WorldStar of Packaging Award, Italian Packaging Institute Best Packaging 2022 finalist

Environmental Metrics

ESG Focus Areas

• Healthy and Abundant Forests
• Renewable Solutions
• Sustainable Operations
• Thriving People and Communities

Environmental Achievements

• 48% of manufacturing waste was beneficially used
• 732K+ acres of significant forestland conserved and restored since 2020
• 70% of our mill energy is derived from renewable biomass residuals
• 97.2% of International Paper pulp and packaging products are recyclable, reusable or compostable

Social Achievements

• $20M contributed to charitable organizations
• Improved the lives of 100 million people in our communities
• 562 Learning Events conducted to improve safety
• 2,700+ safety leaders trained in 2023

Governance Achievements

• 87% of our spend in 2023 was covered by the Third-Party Code of Conduct or a supplier’s own substantially similar code
• ESG factors considered in Senior Vice President compensation

Climate Goals & Targets

Environmental Challenges

• Fell short of goals for reducing environmental impact in water and greenhouse gas emissions
• 8.6% increase in Scopes 1 and 2 GHG emissions (primarily due to increased sale of RECs, not actual emissions increase)
• 7.3% increase in water use intensity (due in part to lower overall production)

Mitigation Strategies

• Doubled down on a roadmap to decarbonize operations
• Created a dedicated team to focus on exploring opportunities to provide low-carbon solutions (including CCS and CCUS)
• Re-evaluated and improved water stewardship governance and processes
• Initiated projects to reduce emissions at several mills (e.g., Cedar Rapids, Rome, Georgia)
• Focusing on context-based water management plans

Supply Chain Management

Supplier Audits: 14 SMETA audits; 74 facilities updated Sedex SAQs

Responsible Procurement

• Third Party Code of Conduct
• Global Fiber Procurement Policy

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather
• Water scarcity

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Growing low-carbon circular economy
• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: FSC, PEFC, SFI

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• 1
• 2
• 4
• 6
• 7
• 8
• 9
• 11
• 12
• 13
• 15
• 17

Contributions towards SDGs related to poverty, hunger, education, clean water and sanitation, affordable and clean energy, decent work and economic growth, industry, innovation and infrastructure, sustainable cities and communities, responsible consumption and production, climate action, life on land, and partnerships for the goals.

Sustainable Products & Innovation

• ClimaGuard® and ClimaShield® coatings
• Leak Resistant Bliss Box
• eCommerce Secure Box
• Elegance® fibers
• Helix® fibers
• FloraCel® pulp

Awards & Recognition

• Fortune World’s Most Admired Companies®, 2023
• Computerworld Best Places to Work in IT, 2023
• American Opportunity Index Best Employers, 2023
• AF&PA Leadership in Sustainability Award
• Ethisphere World’s Most Ethical Companies®, 2023
• MSCI ESG rating of AA
• FTSE4Good Index Series
• WorldStar of Packaging Award (eCommerce Secure Box)