Domtar Unveils Sustainability Targets Through to 2030
Stakeholder-Driven Strategy Sets Performance Targets to Track Progress and Ensure Transparent Delivery of Impacts
MONTRÉAL, RICHMOND, BC, and
The Strategy includes performance metrics and benchmarks to track progress through 2030, with a focus on the company's woodlands and manufacturing operations across
"We're proud to release this Strategy at a still relatively early stage in the operational integration of our three legacy companies under the new Domtar brand," said
Building on the company's long-established commitment to sustainability and important socioeconomic impact in its operating communities, the Strategy is organized around three central pillars, with 12 strategic objectives and associated performance targets for 2026 and 2030:
Environmental Stewardship
Domtar is committed to stewarding the planet's resources responsibly. The objectives and 2030 targets under this pillar include:
- Advance our commitment to sustainable forest management by increasing landowner engagement and establishing Domtar as a recognized collaborative partner in advancing the status of critical habitat for threatened species.
- Positively impact biodiversity by ensuring 100% of operations with risks in high-value areas have biodiversity action plans in place.
- Decarbonize our operations, products and value chain by being on track to meet the science-based greenhouse gas emission reduction target we plan to set by 2026.
- Improve the water resiliency of our manufacturing operations by ensuring 100% of our facilities have water-related risk mitigation plans in place.
Our People and Communities
Domtar supports our operating communities and employees. The objectives and 2030 targets under this pillar include:
- Enforce a proactive safety program and culture, aiming to achieve zero safety injuries.
- Foster relationships with Indigenous communities as a preferred partner through the implementation of our Indigenous partnership policy and internal engagement strategies.
- Enhance our community engagement program, including employee volunteerism, by achieving
$20 million in community investments over five years and tracking and reporting volunteerism milestones. - Strengthen the employee experience by establishing employee satisfaction milestones determined through engagement surveys as well as growth and development targets for 85% of potential successors and critical roles.
Responsible Business
Domtar upholds ethical and sustainable business practices and engages with our customers, business partners and stakeholders honestly and transparently. The objectives and 2030 targets under this pillar include:
- Ensure ethical and sustainable leadership practice by upholding our Global Code of Ethics and Business Conduct, Sustainability Policy and internationally recognized reporting standards.
- Drive sustainability through product, process and value chain innovation, ensuring a significant share of innovation-related investments support sustainability objectives compared to 2025.
- Safeguard the people in our value chain by conducting human rights assessments according to a global human rights policy aligned with international standards.
- Advance shared goals, enhance resilience and build mutual trust by increasing stakeholder trust levels compared to 2025 and meeting our 2030 sustainability targets.
"Our objectives are ambitious and reflect a rigorous assessment of the standards and other guideposts that can help drive progress towards them," said
The strategy development process included extensive engagement across Domtar's stakeholder universe, including outreach to customers, operating communities, business partners and non-governmental organizations. The unique perspectives of Indigenous peoples were also sought out. Over 500 representatives provided input via survey and more than 85 individuals participated in interviews.
The Strategy is also aligned with the UN's widely endorsed Sustainable Development Goals. Any further evolution of the Strategy and its objectives will be driven in part by this important global call to action.
Strategy development was led by Domtar's Sustainability team and operational subject matter experts from across the company's business units with select external guidance. Implementation responsibilities, along with required investments and resource needs, have been thoroughly assessed to support successful execution.
About Domtar
Domtar is a leading, privately held manufacturer of diversified forest products, with a workforce of nearly 14,000 employees in more than 60 locations across
Domtar prides itself on operational excellence, delivering sustainable, high-quality and cost-effective products to meet and exceed customer needs globally. The company is committed to turning sustainable wood fiber into everyday essential products. For more information, visit www.domtar.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/domtar-unveils-sustainability-targets-through-to-2030-302447352.html
SOURCE Domtar
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Clideo Announces Comprehensive Framework for Modern PR and Multimedia Repurposing
- AUG. 11 (8/11) REMINDS PENNSYLVANIA TO CONTACT 811 BEFORE DIGGING TO PROTECT YOURSELF AND YOUR COMMUNITY
- 10 Greenberg Traurig Shareholders Listed in 2026 Benchmark Litigation 40 & Under - U.S. Edition
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share