Mercer International Inc. Releases 2021 Sustainability Report
July 18 2022 - 4:30PM
Mercer International Inc. (“Mercer” or the “Company”) (Nasdaq:
MERC) -- a global forest and bio-products company today announced
the release of its first sustainability report. The Mercer “Fit for
Future” 2021 Sustainability Report reaffirms the Company's
commitment to team members, communities, the environment and
biodiversity, safety, and shareholders.
The report illuminates how the Company is
advancing its environmental and sustainability ambitions and aligns
with the standards and recommendations of the Global Reporting
Initiative (GRI), the Sustainability Accounting Standards Board
(SASB) and the Task Force on Climate-Related Financial Disclosures
(TCFD) reporting frameworks. In addition, the report introduces the
Company's 2030 target to reduce its Scope 1 GHG emission intensity
by 35%, as validated by the Science Based Targets Initiative.
"The production of sustainable, renewable,
bio-based products has always been a core element of our business.
This inaugural Sustainability Report highlights our sustainability
aspirations, the initiatives we are advancing to improve our
operations, and the progress we are making each year," said Juan
Carlos Bueno, President and CEO of Mercer International. "We are
proud of our work to date and look forward to preparing ourselves
further for a low-carbon and circular future driven by renewable
natural resources."
Bill Adams, Vice President of Sustainability and
Innovation, added, "In addition to environmental elements, we have
made considerable advancements in our disclosure of our social and
governance initiatives including diversity, equity and inclusion in
the workplace, health and safety and the stakeholder views
identified through our comprehensive materiality assessment."
For more information and to read the full
report, please see the Sustainability page on the Company’s website
at www.mercerint.com.
About Us
Mercer International Inc. is a global forest products company
with operations in Germany, the USA, and Canada with a consolidated
annual production capacity of 2.3 million tonnes of pulp and 550
million board feet of lumber, and 140 thousand cubic meters of CLT.
To obtain further information on the company, please visit its
website at https://www.mercerint.com.
The preceding includes forward-looking statements which involve
known and unknown risks and uncertainties which may cause our
actual results in future periods to differ materially from
forecasted results. Words such as "expects", "anticipates", "are
optimistic that", "projects", "intends", "designed", "will",
"believes", "estimates", "may", "could" and variations of such
words and similar expressions are intended to identify such
forward‐looking statements. Among those factors which could cause
actual results to differ materially are the following: the highly
cyclical nature of our business, raw material costs, our level of
indebtedness, competition, foreign exchange and interest rate
fluctuations, our use of derivatives, expenditures for capital
projects, environmental regulation and compliance, disruptions to
our production, market conditions and other risk factors listed
from time to time in our SEC reports.
APPROVED BY:
Jimmy S.H. Lee Executive Chairman 1 (604) 684
-1099
Juan Carlos BuenoChief Executive Officer 1 (604)
684 -1094
Contact
If you would like more information, please
contact:
Bill AdamsVice President, Sustainability &
Innovation1 (604) 891-2617
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