Environmental

Climate change is affecting forest ecosystems worldwide, causing shifts in the distribution, abundance, productivity, and health of trees. Rayonier's commitment to sustainable forest management requires that we understand both the physical and transition risks posed by climate change to our business, the ecosystems we manage, and society in general.

Smurfit Kappa's Townsend Hook paper mill in the UK has introduced a new state-of-the art drying process innovation to reduce energy consumption and CO2 emissions.

Michael Doss, President and CEO of Graphic Packaging International and Chair of the Sustainable Forestry Initiative (SFI) Board of Directors, is pleased to welcome two new members to the SFI Board of Directors, Ms. Annica Bresky, President and CEO, Stora Enso, and Dr. Tracy Farrell, Director of the International Union for Conservation of Nature (IUCN) North America Office, and CEO of IUCN-US.

Across different industries and value chains, mainstreaming actions on biodiversity and driving common standards is crucial to halt and reverse biodiversity loss.

Sylvamo, the world's paper company, is announcing a $3 million expanded partnership with World Wildlife Fund (WWF) to further its commitment to forest conservation and restoration. The initiative is part of Sylvamo's environmental, social and governance (ESG) strategy and 2030 goals.

The Oregon Department of Environmental Quality recently fined Georgia-Pacific's Toledo mill about $62,000 for alleged air and water quality violations, some dating back two years.

International Paper relies on the daily actions and personal accountability of each of our employees and business partners for our success. We instill trust and respect, the underpinnings of our reputation, through sound governance practices.

Graphic Packaging Holding Company, announced that it has published its 2021 Environmental, Social and Governance (ESG) Report. With the release of the 2021 report, Graphic Packaging shares milestones achieved in advancing its Vision 2025 ESG goals.

Paper Excellence announced that the company's pulp mill restart project has submitted its environmental impact statement to the Saskatchewan Ministry of Environment.

Södra plans to add lignin within its range of forest-based materials and seeks partners to develop lignin-based sustainable alternatives to fossil materials in a range of applications.

Smurfit Kappa recently published its first Green Bond Allocation and Impact Report, which provides details on the use of the proceeds of its inaugural €1 billion dual-tranche Green Bond issued in September 2021.

As part of our larger sustainability strategy, DS Smith paper mills in Dueñas, Spain, Kemsley, UK, and Belišće, Croatia, recently signed orders for new RunEco vacuum systems on their paper machines from our supplier Runtech Systems

Georgia-Pacific Consumer Products LP has been named one of the EPA's SmartWay® High Performers of 2022. This recognition was based on the company's initiative to undertake the task of shipping consumer goods while keeping environmental stewardship in mind.

State of Michigan environmental investigators have issued Graphic Packaging International multiple violations after an unannounced inspection in July, including one violation for releasing a chemical at a rate that exceeds the permitted emission limit.

Ingevity Corporation announced that it has received the gold rating for sustainability by EcoVadis, an independent organization that provides evidence-based sustainability assessments for companies within global supply chains, placing Ingevity in the top 3% of respondents in the specialty chemicals sector and affirming the company's commitment to its purpose to purify, protect and enhance the world.

Lenzing Group, a world-leading provider of sustainably produced specialty fibers, has been awarded platinum status in the CSR rating from EcoVadis. This comprehensive assessment covers the four key practices of corporate social responsibility: the environment, fair working conditions and human rights, ethics and sustainable procurement.

PotlatchDeltic Corporation issued its inaugural Carbon and Climate Report. The report quantifies the carbon removals, storage, and greenhouse gas emissions associated with our operations in 2021. Overall, PotlatchDeltic is significantly carbon negative as 2021 net carbon removals and storage exceed our scope 1, 2, and 3 greenhouse gas emissions.

P&G continues to make progress on our commitment to keep forests as forests for generations to come, as communicated in our recently issued Forestry Practices Report 2022.

Stora Enso has started a feasibility study to assess the potential to further reduce fossil CO2 emissions at the Packaging Materials division's Imatra site in Finland. The study focuses on the possibility to significantly reduce the use of fossil fuels at site. This would be achieved through adding a new biomass boiler and improving recovery boiler energy efficiency. Replacing fossil-based fuels with bio-based fuels would improve the environmental performance of the site.

Suzano, the world's largest hardwood producer, has underlined its commitment to the Chinese market and its customers, and the pursuit of environmental solutions based on the bioeconomy at Shanghai Pulp Week 2022.

UPM has set a target to increase the amount of deadwood in its commercial forests from the current level of about five cubic metres per hectare to ten cubic metres per hectare. In UPM's protected areas and commercial forests where a specific nature management target has been set, the deadwood target is 20 cubic metres per hectare. The new targets are part of UPM Forest Action, the UPM Forest Responsibility programme.

Primary woody biomass is an essential renewable energy source for meeting the ambition sought by the EU Parliament to increase renewable energy to 45 percent by 2030, and for achieving the EU's goal of carbon neutrality by 2050.

The 2022 Issue with Tissue report and sustainability scorecard (grading at-home toilet paper brands from "A" to "F") released today by NRDC (Natural Resources Defense Council), reveals that more companies are bringing sustainable tissue options to the market than ever before, offering consumers alternatives to products sourced from the climate-critical Canadian boreal forest.

Ahlstrom-Munksjö, a global leader in fiber-based materials, has been awarded EcoVadis' highest recognition level, Platinum, for the company's sustainability performance.

Two corrugated industry experts have crunched the numbers and concluded that the OCC recycling rate is likely much lower than estimates published by the paper manufacturing sector. Myles Cohen, an industry veteran and founder of consulting firm Circular Ventures LLC, and Ryan Fox, corrugated market analyst at Bloomberg Intelligence, estimate the U.S. old corrugated container (OCC) recycling rate is around 69%, far lower than the 91.4% calculated and reported by the American Forest & Paper Association (AF&PA) in May of this year.