2018 Sustainability Report Material Issues

Material Issues

2018 Report Highlights

What we achieve is important. How we achieve these results is just as critical to sustain and build on our Company culture and our values, and how our people define our success. West Fraser’s goals are to maintain: excellence in performance and people, leadership in our field, challenge and satisfaction, responsibility in the communities in which we work, profitability and growth.

Our Board, particularly the Environmental, Health & Safety Committee, together with our Executive and our Senior Leadership Team, set the policy and manage the practice of our environmental, social and governance activity within our business.

 

Download PDF summary of the 2018 Sustainability Report Highlights

 

MATERIAL ISSUES

 

Forests & Timber

Responsible Timber SourcingResponsibly and ethically sourcing our fibre supply
  • Sustainable Forest Management practices 100% independently audited and certified
  • 100% independently audited and certified for responsible timber procurement
Ecosystem-Based Sustainable ForestryResponsibly manage forests entrusted to our forest management planning and working collaboratively with stakeholders to balance values in the forest (ecological, cultural, recreational, economic,)
  • Plant 2 trees for every one harvested, and establish thriving new forests on 100% of our harvest sites
Forest Renewal & Carbon SequestrationHow we contribute to renewing healthy, resilient forests through regeneration, reforestation and carbon sequestration
  • 58 million trees planted in 2018, 1.8 billion total
  • Successfully re-establish forests on 100% of harvest sites
Wildlife, Habitat Management & BiodiversityHow we can accommodate plants, soils, and animals thriving in forest ecosystems
  • Reforested 338km of  linear corridors to improve continuous forest in caribou habitat since 2008

 

Employees & Community

Our EmployeesEmployees engaged and passionate about our business
  • Awarded as one of Canada’s Top 100 Employers (2018)
SafetyProviding a safe workplace for employees, contractors and people at our operating sites
  • 10% drop in Medical Incident Rate since 2016
Equal OpportunityBe a workplace that provides equal opportunities for employees to develop to their potential
  • Formalized a Board Diversity Policy in 2018
Employee Development & TrainingProvide training and opportunities to develop our workforce and promote from within to build our leadership team
  • 95% of our management team drawn from internal promotions
Local CommunitiesSupport strong relationships and economic opportunity in the regions where we operate
  • $4.4 million donated in communities (2015-2018)
Indigenous PeoplesBuild and sustain respectful, long-term, mutually beneficial working relationships with the Indigenous communities located near the areas in which we operate
  • Work with more than 100 Indigenous communities and organizations in Canada
Human RightsCommitted to continual improvement of our human rights standards and practices
  • 100% sourced fiber independently audited for avoidance of illegal logging, compliance with Indigenous and civil rights and the ILO Core Conventions

 

Environmental & Manufacturing Efficiency

Reduce and, where possible, eliminate waste or harmful effects our operations may have on the environment

GHGs & Air EmissionsReduce pollutants, CO2, and manage air emissions emitted from our operations
  • Committed to an industry-wide “30 by 30” challenge to reduce CO2 30MT by 2030
EnergyImprove the efficiently of our manufacturing process to reduce energy use
  • Energy from renewable sources in 2018: 75%
  • Total bioenergy generation at our mills offset the energy equivalent of 7.6 million barrels of oil (Mboe) in 2018
  • Electrical intensity of BCTMP mills reduced by 28% since 2005
WaterManage water resources responsibly
  • 94% of the water we draw is returned to the environment
Fibre Utilization & RecoveryExplore opportunities to fully utilize manufacturing residuals and recover resources from our operations
  • We utilize more than 95% of every log harvested
  • Technology innovations enable the recovery of 20% more of a log for lumber
Waste ManagementReduce and, where possible, eliminate waste from our operations
  • 2018: 1.5 metric tonnes of woody material recovered for bioenergy generation
Product Quality & Life-CycleContinual process improvements to improve the quality and efficiency of our products and maintain high standards for product safety
  • West Fraser’s 2018 production stored 1.6 million metric tonnes of carbon (equivalent to the carbon emitted from driving 1.2 million cars for a year)
  • Life cycle analysis (LCA), Environmental Product Declarations (EPDs) and transparency reports available for all solid wood products
Supply ChainImprove the efficiency, transparency and responsibility of our entire supply chain
  • 100% Certified for Responsible Timber Sourcing

Economic and business data has been provided according to West Fraser’s accounting standards and policies, as detailed in our 2018 Annual Report.

Policies & Commitments
West Fraser’s Code of Conduct sets the expected standard of conduct and approach to business practices required of our employees and officers to responsibly execute their work for the company. Other policies important to our operating approach include:

Monitoring and evaluation
Our Board, assisted by its Committees, is responsible for the company’s internal control and risk management systems. Our internal audit activities, management systems and compliance requirements for financial, fibre procurement, environmental, manufacturing and safety policy and procedure ensure appropriate control measures have been planned and are in place. Best practice information is also shared between operating sites. These practices and audited activities assist the Board of Directors and Senior Management to conduct the appropriate monitoring of company activity. Many aspects of our operating responsibilities are further monitored, inspected and audited by third-party organizations and government bodies.