Mercer International Inc. Releases 2023 Sustainability Report
May 27 2024 - 4:30PM
Mercer International Inc. (“Mercer” or the “Company”) (Nasdaq:
MERC) -- a global forest products company, today released its 2023
Sustainability Report. The report, titled "Fit for Future:
Transition and Transformation" sets out Mercer's progress toward
its 2030 environmental goals and other sustainability commitments,
practices and accomplishments for 2023.
Juan Carlos Bueno, President and CEO of Mercer, stated, “The
2023 Sustainability Report demonstrates our dedication to
progressing sustainable forest management and bioproduct
innovation. We are committed to creating long-term value for our
stakeholders by balancing environmental stewardship with
responsible business growth."
Key Sustainability Achievements in 2023
Climate Action: Mercer completed a climate
change scenario analysis to assess climate-related risks and
explore opportunities for low-carbon products. The Company also
launched a lignin pilot plant in Rosenthal, Germany, focusing on
sustainable materials.
Water Management: Mercer improved all key water
quality indicators at its mills as part of its continuous
improvement initiatives, focused on increasing environmental
performance.
Transparency and Accountability: Mercer updated
its materiality assessment with a double materiality lens, expanded
third-party assurance to include Scope 3 emissions, and implemented
a Supplier Code of Conduct to promote responsible practices across
its supply chain.
Mercer International Inc. is a global forest products company
with operations in Germany, the USA, and Canada. Its consolidated
annual production capacity is 2.1 million tonnes of pulp (air-dried
tonnes, ADTMs), 960 million board feet of lumber, 210 thousand
cubic meters of CLT, 45 thousand cubic meters of glulam, 17 million
pallets, and 230,000 metric tonnes of biofuels. 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:
William D. McCartney Interim Chairman of the Board+1 604
684-1099
Juan Carlos Bueno Chief Executive Officer +1 604 684-1099
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