SOURCE: International Paper CompanyDESCRIPTION:
MEMPHIS, Tenn., July 7, 2020 /3BL Media/– International Paper (NYSE: IP) has released its 2019 Global Citizenship Report. The company, one of the leading producers of renewable, fiber-based packaging, pulp and paper, shares the progress it made in 2019 against its 2020 goals and outlines its approach to sustainability across its value chain.
Some notable 2019 achievements include:
- GHG Emissions: 22% reduction in GHG emissions (scope 1 & 2) since 2010
- Fiber Certification: 47% increase in certified fiber volume since 2010
- Recycling: 63% increase in recovery of old corrugated containers (OCC) since 2010
- Water Quality: 28% decrease in oxygen-depleting substances in its mill water discharges since 2010
- Community Engagement: $24 million donated to charitable organizations in 2019, with a cumulative impact of $134 million since 2010
The report also introduces the company’s Vision 2030 goals, which reflect its commitment to build a better future for people, the planet and the company.
“2019 was a pivotal year for us, as we finalized our next generation of goals and focused our attention on outlining a sustainable path to 2030,” said International Paper Chairman and CEO, Mark Sutton, in the report. “It was important to us that our goals were focused, ambitious and moved the needle on both environmental and social challenges. We aimed for goals that establish us as an industry leader in sustainability and push us to drive significant progress in the circular economy.”
“As a global leader in the forest products industry, International Paper strives to be a leader in environmental stewardship and to strengthen our people and communities. Our customers, investors and employees depend on it,” said International Paper Chief Sustainability Officer, Sophie Beckham.
The International Paper 2019 Global Citizenship Report was prepared in accordance with the Global Reporting Initiative (GRI) Standards: Core option.
You can download this and other reports at InternationalPaper.com/Reports.
About International Paper
International Paper (NYSE: IP) is a leading global producer of renewable fiber-based packaging, pulp and paper products with manufacturing operations in North America, Latin America, Europe, North Africa and Russia. We produce corrugated packaging products that protect and promote goods and enable worldwide commerce; pulp for diapers, tissue, and other personal hygiene products that promote health and wellness; and papers that facilitate education and communication. We are headquartered in Memphis, Tenn., employ more than 50,000 colleagues and serve more than 25,000 customers in 150 countries. Net sales for 2019 were $22 billion. For more information about International Paper, our products and global citizenship efforts, please visit internationalpaper.com. See how we’re building a better future for people, the planet and our company at internationalpaper.com/Vision-2030.
Media Contact: Thomas J. Ryan, 901-419-4333
KEYWORDS: NYSE:IP, International Paper, sustainability goals, GRI, ESG