DETERMINING WHAT IS SIGNIFICANT
To identify key focus areas for our sustainability strategy and sustainability-related reporting, we first consider the relevance and significance of the topics to our company’s environmental, social and economic impact. For example, where we operate, what products we make and who we hire are topics relevant to our company, while how we practice sustainable forest management, attract investors and employees, and make and sell our products affect our environmental, social and economic impacts. Second, we assess the relative importance of these topics to our stakeholders, including shareholders, employees, customers and community members, by gathering feedback through a wide range of forums. Annually, we review our assessment and ensure the identified topics are relevant, significant and aligned with our companywide enterprise risk assessment.
We categorize the topics into three groups:
- those that are of high importance to our stakeholders and could have a high environmental, social or economic impact,
- those that are of high importance to our stakeholders or could have a high environmental, social or economic impact, and
- those that have a low importance to our stakeholders and likely have a low environmental, social or economic impact.
We focus most of our effort and attention on topics in the first category, followed by those in the second category. Topics that fall into the third category are lower priority but remain important and are regularly assessed through our management systems and reporting.
The most significant factors from our sustainability materiality assessment include our sustainable forest management, our role in mitigating and adapting to climate change, and the sustainable supply of fiber into the value chain. We focus on sustainable forest management and climate change mitigation and adaptation because it’s the right thing to do for the health of the planet and society, and our long-term success depends on a healthy, sustainable supply of trees and functioning land. We also depend on strong relationships with our communities because their support and success allow us to continue operating, and perhaps most of all, we depend on a constant flow of diverse and talented people who are excited to join our team and build a rewarding career at our company.
We are an integrated forest products company, primarily selling to other companies, and we do not outsource the making of our products or the management of our forests. That means most of our topics are significant within the boundaries of our company. When we are reliant on entities that are within our value chain or could have an impact on other areas, we discuss our relationship with those entities in the relevant portions of this website's sustainability and business sections or other company disclosures, such as our Annual Report and 10-K.
We share our sustainability performance primarily online, along with a small selection of printable materials. The sustainability section of our website and related business and company pages are updated annually and serve as our companywide sustainability report. Numerous materials are also available on our printable resources page and the Investors section of our website.