Climate Change Data

Green Diamond Resource Company

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Climate Change
  • Sustainable Forest Management
  • Community Engagement
  • Employee Well-being
  • Responsible Corporate Governance

Environmental Achievements

  • Achieved 10 years of Forest Stewardship Council® (FSC®) certification in California.
  • Initiated a small afforestation project in Mississippi.
  • 100% of land owned and managed is certified by either SFI or FSC.
  • 115,661,823 mt/CO2e sequestered in 2023
  • 33,527 acres reforested in 2023
  • Planted 2.9 million trees covering approximately 15,000 acres in Oregon to restore forests burned in the 2021 Bootleg Fire.
  • 750K acres in carbon offset projects

Social Achievements

  • Made significant Impact Fund gifts to Flathead Valley Community College and Klamath Community College, focusing on training and workforce development.
  • Partnered with the Ponderosa Middle School Parent-Teacher Organization to plant 65 ponderosa pine trees.
  • Awarded Mark E. Reed Scholarships of $3,000 each to 29 individuals.
  • Contributed $50,000 to the Society of American Foresters Diversity Scholar Program.
  • Donated new equipment trailer to California’s North Coast Junior Lifeguards program.
  • Supported Flathead Valley Community College with a $50,000 Impact Fund gift.
  • Administered our Annual Employee Survey to 326 nonunion employees and managers with a participation rate of 57%, with 95% of those surveyed saying they are satisfied with Green Diamond as a place to work.
  • Reduced recordable injury rate by 50% and lost time rate by 12.5% from 2022.

Governance Achievements

  • Sustainability is built into our leaders’ financial decision-making.
  • Sustainability Council oversees the execution of our sustainability program.

Climate Goals & Targets

Environmental Challenges

  • Climate change impacts varying across operating regions.
  • Wildfires
Mitigation Strategies
  • Proactive land management approach to adapt to climate change.
  • Climate change risk and opportunity analysis conducted.
  • Increased grazing on forestlands to lessen dry grass and improve soil’s water retention.
  • Improved forest resiliency strategy

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Wildfires
  • Changing climate impacts
Opportunities
  • Carbon sequestration through afforestation and IFM projects

Reporting Standards

Frameworks Used: GRI, SFI, FSC

Certifications: FSC, SFI