International Paper released its 2011 Sustainability Report that showcases the company's new suite of 12 voluntary sustainability goals. The company expects to reach a number of goals by 2020, which include:
•15% improvement of energy efficiency in purchased energy use
•20% absolute reduction in global GHG emissions (Scope 1 and 2) associated with the production of products
•15% global increase in third party certified fiber volume
In addition to these goals, International Paper set a host of other goals addressing issues such as fiber certification, philanthropy, safety and water use.
"At International Paper, sustainability is more than a business practice," said Chairman and CEO John Faraci. "Environmental, social and economic performance has been at the core of our company for more than 110 years. Stewardship of the forestland and surrounding habitat is ingrained in our company's DNA."
The report highlights International Paper's sustainability commitment in every aspect of the business. "At every point of the International Paper supply chain – from the design of our paper and packaging, to the people and manufacturing processes, to end-use recycling and other beneficial uses, International Paper strives for a sustainable product life cycle," added Faraci.