MEMPHIS, Tenn., Feb. 11, 2020 /PRNewswire/ -- International Paper
(NYSE: IP) today announced its Vision 2030 goals, which demonstrate
its commitment to building a better future for people, the planet
and the company. Through the goals, one of the world's leading
producers of renewable fiber-based packaging, pulp and paper will
advance its contributions to the circular, low-carbon economy while
building on its commitments to its people and communities.
"As a global leader in the forest products industry,
International Paper is uniquely positioned to drive significant
progress in the circular economy," noted Mark Sutton, chairman, and chief executive
officer. "Our Vision 2030 goals demonstrate our commitment to
creating long-term value for all stakeholders."
The company has committed to achieving the following goals by
2030:
- Healthy & Abundant Forests: Lead forest stewardship
efforts globally
- Thriving People & Communities: Promote employee
well-being by providing safe, caring and inclusive workplaces and
strengthen the resilience of our communities
- Sustainable Operations: Improve our climate impact and
advance water stewardship
- Renewable Solutions: Accelerate the transition to a
low-carbon economy through innovative fiber-based products
Each goal includes one to three specific, measurable targets,
enabling the company to track its progress throughout the decade.
The targets include commitments to reduce greenhouse gas emissions
by 35% from 2017 levels, to reduce water usage by 25% and to create
innovative products that are 100 percent reusable, recyclable or
compostable.
While many of the new goals and corresponding targets solidify
the company's existing social and environmental commitments, some
goals, such as accelerating the transition to a low-carbon economy,
will require a push toward more innovation and increased
collaboration.
"Our Vision 2030 goals are designed to benefit our employees and
communities, enable us to meet our customers' demands for more
sustainable products and further improve our environmental
footprint," said Sophie Beckham, the
company's newly appointed chief sustainability officer.
"Collaboration throughout our entire value chain – from customers
and suppliers to non-governmental organizations – will be crucial
to achieving these ambitious goals."
The goals support the company's vision of being among the most
successful, sustainable and responsible companies in the world and
align with the global priorities of the United Nations Sustainable
Development Goals.
Learn more about International Paper's commitment to building a
better future for people, the planet and the company at
InternationalPaper.com/Vision 2030.
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.
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SOURCE International Paper