At Resolute, we have tracked our scope 3 greenhouse gas (GHG) emissions since 2009, updating and disclosing our inventory since 2013. We also disclose our annual carbon footprint to CDP, a globally recognized, non-profit framework that has long championed environmental disclosure as standard business practice.
We have improved access to our disclosures on a new webpage dedicated to scope 3 emissions reporting. The new page highlights our emission reduction commitments in line with the Science Based Targets initiative (SBTi), and will help partners and stakeholders track the progress we are making toward reducing GHG emissions across our value chain. In 2022, SBTi validated our new scope 3 emission reduction target – a 16.5% reduction over 2015 levels by 2026, which builds on our SBTi validated reduction target of 41.5% for scope 1 and 2 emissions.
Scope 3 is a reporting category that includes indirect emissions that occur in the value chain, both upstream and downstream, whereas scope 1 covers the carbon footprint of direct operations and scope 2, the carbon footprint of energy, such as purchased electricity. Scope 3 emissions often make up the majority of a company’s GHG emissions, and at Resolute, approximately 70% of our 2021 total carbon footprint falls into this category.
Actions to reduce GHG emissions and combat climate change are cornerstones of Resolute’s sustainability strategy. In 2022, we achieved our 2025 GHG reduction target ahead of schedule by reducing our scope 1 and 2 absolute GHG emissions by 32% compared to 2015 levels. In total, Resolute has reduced scope 1 and 2 emissions by 85% at our pulp, paper and tissue mills since year-2000.
To learn more about our scope 3 emission reductions, visit the Scope 3 Emissions webpage.
