Sustainability is one of our shared corporate values and an integral part of how we do business every day. We believe that delivering on our sustainability commitments makes us a more globally competitive company that generates value for shareholders over the long term.
Resolute’s approach to sustainability has evolved over the past decade, encompassing more and more elements related to our operations, our processes and our products. Supported by the commitment and effort of our employees, senior management and our Board of Directors, the company has measurably improved performance in such areas as health and safety, mill environmental performance, energy use, and sustainable forest management.
Our sustainability strategy seeks to balance environmental, social and economic considerations. Its three areas of primary focus, each supported by commitments made in a number of key performance areas, are:
We look beyond simple legal and regulatory compliance to mitigate environmental and social impacts by minimizing our consumption of resources and our generation of waste, air emissions and water discharge.
Our approach has made us a more efficient company, a better employer, a stronger partner for our customers and an engaged member of the communities in which we live and work.
As a company managing the natural resources in our care, we recognize that our operations have a direct and material impact on the environment, biodiversity, economy and social fabric of the communities in which we operate. At the same time, sustainability trends at both the macro and micro levels are rapidly impacting the business landscape. The assessment of sustainability trends, in terms of both related risks and opportunities, on our business today and in the future plays an important role in Resolute’s focus on sustainability and continuous improvement.
The following table lists the principal macro-level sustainability trends, considered to be material to our business, and their related impacts. Each issue is linked to at least one of our sustainability strategy’s areas of primary focus.
Placing increasing importance on sustainable practices and disclosure of sustainability performance is in line with our values and the expectations of the markets we serve. Since 2008, Resolute has tracked and reported on a range of environmental, economic and social performance indicators, which are posted online for public review in the Publications section of our website. We have continued to raise the bar on our sustainability efforts and related reporting transparency and, since 2010, we have prepared reports in accordance with the Global Reporting Initiative (GRI) guidelines for sustainability reporting.
The GRI guidelines are one of the world's most broadly accepted standards for comprehensive sustainability reporting, providing a robust framework to support clear reporting processes, linking the indicators we measure to material issues identified by stakeholders, and targeting our outputs to address the concerns and interests of all interested parties, as well as our strategic partners.
GRI compliance is a rigorous process that drives the company to continuously improve the accountability and transparency of our approach to sustainability, which includes developing robust internal data collection and reporting processes.
Following a thorough review of stakeholder needs and industry best practices, we will be restructuring the sustainability section of the Resolute website to include all data that would be contained in a complete sustainability report prepared in accordance with the GRI G4 framework. A significant portion of this information is also included in our annual report, released every year in April, which combines our financial and sustainability results in one document.
In both our annual report and in this section of our website, information can be found on Resolute’s sustainability efforts and initiatives, our past performance, and how we plan to continue improving our performance and reporting going forward.
We are delighted that others have noticed our substantive sustainability accomplishments. This past year, Resolute was ranked among the “Best 50 Corporate Citizens” in Canada by Corporate Knights; Richard Garneau, Resolute’s president and chief executive officer, was named to Canada’s elite Clean50, recognizing leaders who have made the greatest contribution to sustainability and clean capitalism; and the company received The New Economy magazine's global Clean Tech award for best forestry and paper solutions.
Our definition of sustainability extends well beyond the traditional focus on environmental stewardship.
Update on our 2015 Commitments
Resolute presented its ongoing support and reaffirmed its commitment to the World Wildlife Fund® Climate Savers program during the 2014 Climate Summit held in September at the United Nations, in New York.
Environmental questions?[email protected]
To get the facts on sustainable practices in the boreal, visit borealforestfacts.com
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Read our 2014 annual report