PotlatchDeltic Releases 2023 Corporate Responsibility Report
30 Mai 2024 - 10:30PM
Business Wire
PotlatchDeltic Corporation (Nasdaq: PCH) today released its 2023
Corporate Responsibility Report. The Report highlights
PotlatchDeltic’s 2023 corporate responsibility accomplishments,
linking them with the United Nations Sustainable Development
Goals.
“We are proud of the continued momentum we are seeing
surrounding our corporate responsibility goals and initiatives,”
said Eric Cremers, president and chief executive officer. “Our 2023
Corporate Responsibility Report and the expanded corporate
responsibility section of our website illustrate only some of the
accomplishments we have made in our four pillars - Forests, Planet,
People, and Performance. In addition, we continue to work to meet
our greenhouse gas reduction commitments, respond to new challenges
surrounding supply chain transparency, and expand our biodiversity
disclosures. At the same time, we are pursuing opportunities that
utilize working forests as part of the solution to climate change,”
stated Mr. Cremers.
PotlatchDeltic’s 2023 corporate responsibility accomplishments
include:
- Planted nearly 30 million seedlings, protected 8,311 miles of
rivers and streams, and third-party certified 100% of our forestry
practices and wood products procurement.
- Achieved net carbon removals from our forests of 6.4 million
metric tons of CO2e including an inventory adjustment that added
5.2 million metric tons of CO2e.
- Participated in rural land sales with a conservation
outcome.
- Reduced energy usage across our wood products facilities by an
average of 2.5% from 2022 levels.
- Achieved outstanding safety performance with low incident and
severity rates.
- Launched an employee resource group for Veterans.
- Linked 2023 short-term incentive compensation to achievement of
key corporate responsibility objectives to provide a more holistic
assessment of performance against the Company’s corporate
responsibility and operational goals.
- Completed a physical climate scenario analysis on our Southeast
timberlands and our Lake States procurement region.
- Continued to work on climate-related policy initiatives
surrounding forests and wood products.
- Worked with developers on solar projects, commenced work on a
carbon offset project, and evaluated other opportunities for
natural climate solutions.
PotlatchDeltic’s corporate responsibility reporting is informed
by or referencing frameworks such as the Sustainability Accounting
Standards Board (SASB), Task Force on Climate-related Financial
Disclosures (TCFD), United Nations Sustainable Development Goals
(UN SDGs), and Global Reporting Initiative (GRI). The Report can be
found in the investor relations and the corporate responsibility
sections of the Company’s website at www.potlatchdeltic.com and is
supported by additional information and data on our website or in
our other published reports.
About PotlatchDeltic
PotlatchDeltic (Nasdaq: PCH) is a leading Real Estate Investment
Trust (REIT) that owns nearly 2.2 million acres of timberlands in
Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi, and
South Carolina. Through its taxable REIT subsidiary, the company
also operates six sawmills, an industrial-grade plywood mill, a
residential and commercial real estate development business and a
rural timberland sales program. PotlatchDeltic, a leader in
sustainable forest practices, is committed to corporate
responsibility. More information can be found at
www.potlatchdeltic.com.
Cautionary Statement Regarding Forward-Looking
Information
This press release contains certain forward-looking statements
within the meaning of the federal securities laws. Words such as
“commitment,” “continue,” “initiative,” “goal,” “objective,”
“opportunity,” and similar expressions are intended to identify
such forward-looking statements. Statements and assumptions with
respect to initiatives, commitments, objectives, goals and
opportunities and anticipated actions related thereto are also
examples of forward-looking statements and are not guarantees of
future conduct or policy. The actual conduct of our activities,
including the development, implementation or continuation of any
program, project, policy or initiative may differ materially in the
future. Actual results could differ materially from our historical
results or those expressed or implied by forward-looking statements
contained in this press release due to factors such as: changes in
our priorities as well as changes in the priorities of our
customers and suppliers; the accuracy of our estimates and
assumptions; acquisitions and divestitures; the future effect of
legislation, rulemaking and changes in policy or best management
practices; natural or human causes beyond the Company’s control;
our ability to meet our corporate responsibility goals and
commitments and succeed with our initiatives and projects,
including our solar and carbon offset projects; the availability of
funding for our initiatives and projects; and global economic,
business, political, and climate conditions. These are only some of
the factors that may affect the forward-looking statements
contained in this press release. For further information regarding
risks and uncertainties associated with our business, please refer
to our U.S. Securities and Exchange Commission (SEC) filings,
including our Annual Report on Form 10-K for the year ended
December 31, 2023, our 2024 Proxy Statement, and our 2024 Quarterly
Reports on Form 10-Q, which can be obtained at the Company’s
website, www.potlatchdeltic.com. The forward-looking statements in
this press release are intended to be subject to the safe harbor
protection provided by federal securities laws. Except as required
under applicable law, we do not intend to issue updates concerning
any future revisions of our views to reflect events or
circumstances occurring after the date of this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20240530707788/en/
(Investors) Wayne Wasechek 509-835-1521
(Media) Anna Torma 509-835-1558
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