ESG Performance by the Numbers

Resolute has received regional, North American and global recognition for its leadership in corporate social responsibility and sustainable development. In early 2021, the company won two gold awards at the League of American Communications Professionals 2019/20 Vision Awards in both the Sustainability and ESG (environmental, social and governance) report categories. As a supplier of choice within the forest products industry, we focus on maximizing our contributions to the circular economy, reducing our carbon footprint, creating positive social impact, and bringing value to our operating communities.

Environmental Highlights1

Environmental Highlights
Climate 2021 Performance
(Absolute)
2021 Performance
(Intensity)
Greenhouse gas (GHG) emissions – scope 1 1,114 thousands of mt CO2e 415 kg CO2e/mt
GHG emissions – scope 22 414 thousands of mt CO2e 154 kg CO2e/mt
GHG emissions – scope 33 3,547 thousands of mt CO2e 1,321 kg CO2e/mt
Nitrogen oxide (NOx) emissions 4.5 thousands of mt 1.66 kg/mt
Sulfur dioxide (SO2) emissions 3.0 thousands of mt 1.13 kg/mt
Particulate emissions 1.0 thousands of mt 0.37 kg/mt
Energy 2021 Performance
(Absolute)
2021 Performance
(Intensity)
Total energy consumed (fuel and electricity) 24,091 thousands of MWh /
86,727 GJ
8.97 MWh/mt
Renewable energy used (fuel and electricity) 78% of consumption /
18,690 thousands of MWh
6.96 MWh/mt
Electricity used4 5,937 thousands of MWh 2.21 MWh/mt
Self-generated electricity 45% of electricity consumption /
2,646 thousands of MWh
0.99 MWh/mt
Purchased electricity 55% of electricity consumption /
3,625 thousands of MWh
.43 MWh/mt
Fuel used – oil/diesel 7.2 thousands of m3 0.0027 m3/mt
Water 2021 Performance
(Absolute)
2021 Performance
(Intensity)
Water withdrawn 193,136 thousands of m3 71.92 m3/mt
Water treated and discharged 187,342 thousands of m3 69.76 m3/mt
Water used 5,794 thousands of m3 2.16 m3/mt
Water withdrawn from surface water sources 99% N/A
Discharges to water – total suspended solids 6.2 thousands of mt 2.32 kg/mt
Biochemical oxygen demand (BOD5) of discharges 4.7 thousands of mt 1.74 kg/mt
Environment Management 2021 Performance
(Absolute)
2021 Performance
(Intensity)
Total waste 409.9 thousands of mt 152.64 kg/mt
Waste used for beneficial use5 292.8 thousands of mt 108.81 kg/mt
Waste sent to landfills 117.7 thousands of mt 43.83 kg/mt
Class 1 and 2 environmental incidents 12 N/A
Significant spills 0 N/A
Significant environmental fines 0 N/A
Total sites 44 N/A
ISO 14001-certified sites 40 N/A
Forest Management 2021 Performance
(Absolute)
2021 Performance
(Intensity)
Forest management (FM) certification 100% N/A
SFI® FM certification 50,244,433 acres (100%) N/A
FSC® FM certification 13,063,553 acres (26%) N/A
Area of forestland with protected conservation status Protected Areas N/A
Area of forestland in endangered species habitat Conservation and Biodiversity N/A
Area of forestland in Indigenous land Indigenous Collaborations N/A
Aggregate standing timber inventory6  1,250,000,000 m3 N/A
Production 2021 Performance
(Absolute)
2021 Performance
(Intensity)
Timber harvest volume 9,503,691 m3 N/A
Total fiber sourced for pulp, paper and tissue mills 3,938,021 admt N/A
Amount of recycled and recovered fiber procured 199,524 mt N/A
Total pulp production 1,134,000 mt N/A
Total paper production 1,467,000 mt N/A
Total wood products production7 2,138,000,000 bf N/A
  1. Environmental data is for pulp, paper and tissue mills only, except for forest management-related information, as well as environmental incidents and ISO 14001 certification, which include all operations.
  2. Pending confirmation of our electricity utilities' 2021 emission factors. 
  3. As declared in our 2021 CDP questionnaire based on 2020 figures.
  4. Represents purchased electricity, minus actual external sales of electricity produced from cogeneration facilities.
  5. Includes waste used beneficially, such as recycling and land spreading, as well as on-site energy recovery.
  6. Based on 50,244,433 acres of forestland.
  7. Does not include remanufactured wood, engineered wood and wood pellets.

Social Highlights

Social Highlights
Health & Safety 2021 Performance
Lost time incident rate1 0.16
OSHA recordable incident rate 0.47
OSHA severity rate 21.6
Occupational disability rate 0.1%
Absenteeism rate 6.0%
Fatalities – employees 0
Fatalities – contractors 0
Fatalities – total 0
Human Resources 2021 Performance
Employees 7,055
Hires 1,490
Women in workforce 13.2%
Women hiring rate 15.2%
Women in management roles 18.5%
Women in executive roles2 22.2%
Voluntary employee turnover 13.9%
Involuntary employee turnover3 4.7%
Employees unionized 59.1%
Employee eligibility for participation in retirement plans 100%
Employee participation in retirement plans 92.6%
Sustainability metrics for incentive pay Yes, STIP
Paid sick leave Yes
Retirement contributions Yes
Community Engagement and Impact 2021 Performance
Indigenous partnerships and consultative relationships 36
Direct economic impact $3,664,000,000
Payments to governments4 $27,910,829
Community contributions (donations, sponsorships, etc.) $1,369,919
Indirect employment impact5 22,929
Customers and Suppliers 2021 Performance
Customer satisfaction6   94.6%
Customer requests – sustainability and product stewardship 166
Third-party fiber tracking systems7   100%
Fiber processed with minimum due diligence requirements 7   100%
Fiber purchased from external sources 51.0%
  1. The lost time incident rate is calculated by multiplying the number of incidents that were lost time cases by 200,000, divided by total number of hours worked.
  2. Employees who left the organization due to dismissal, retirement or death in service.
  3. Effective January 1, 2022
  4. Includes corporate income taxes; franchise tax; property and school taxes; and non-recoverable sales taxes.
    Excludes payroll taxes; and countervailing and antidumping duties.
  5. Research by the Economic Policy Institute indicates that for every 100 jobs in the paper industry, 325 additional jobs are supported in supplier industries and in local communities due to the re-spending of wages.
  6. Customer satisfaction is measured using quality and service key performance indicators (KPI). Including the percentage of root cause problem elimination cases initiated and closed; excludes wood products.
  7. Effective March 2022.

Governance Highlights

Governance Highlights
Shareholders 2021 Performance
Classes of shares and voting Common, 1 share = 1 vote
Shareholders with 10% + Fairfax Financial Holdings Limited
Annual say on pay 99% approval rate in 2021
Shareholder rights plan/poison pill No
Proxy access for shareholder proposals Yes
Questions in advance of AGM Yes
Majority voting and resignation policy Yes
Board of directors 2021 Performance
Number of directors 8
Independent directors 75%
Gender diversity 25% women
Diversity policy Minimum 25% of each gender (men and women)
Chair Independent
Committees1 Audit, HRCNG, EHS, Finance (4)
Independance of committees All members of HRCNG & Audit independant as per NYSE standards
Average tenure 6.6 years
Average age 63 years
Term limits <15 years and 75 years old, except special circumstances
Number of meetings in previous year 10
Average attendance 100%
Ethics 2021 Performance
Code of business conduct Yes: annual compliance and training
New employees trained on Code of Business Conduct 100%
Ethics reporting policy with hotline and whistleblower protection Yes
Related persons policy Yes
Insider trading policy Yes
Anti-hedging and anti-pledging Yes
Recoupement policy Yes
Compensation 2021 Performance
Annual reviews Benchmarking by HRCNG against peers
CEO variable compensation 76.5%
CEO performance based compensation 60.0%
ESG metric pay incentives Environmental and health & safety incidents as well as GHG remission reductions
Stock ownership guidelines CEO 4.5x salary, other NEOs 2.5x
CEO severance 2x
CEO change in control payments Double trigger, 2.5x
CEO pay ratio 38 to 1
ESG Reporting 2021 Performance
Board and executive team members trained on ESG 3 94%
Number of material issues (shared priorities) 24
Number of high priority material issues 14
GRI Standards Yes, Core
SASB Standards Yes, pulp & paper and forestry management
UNSDGs Yes, eight SDGs
CDP A- on Forests, B on Climate, B on Water Security
MSCI BB
Sustainalytics 21.8
  1. Committees include: audit; human resources and compensation/nominating and governance (HRCNG); environment, health & safety (EHS); and finance.
  2. The Code includes provisions on legal compliance, conflicts of interest, anti-bribery and corruption, fair dealing with third parties, appropriate workplace behavior, protection of intellectual property, security and cybersecurity.
  3. Effective March 2022.