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 the 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. Our 2020 ESG performance is highlighted in the three tables below.

Environmental Highlights

Environmental Highlights1 2020 Performance
(Absolute)
2020 Performance
(Intensity)
Greenhouse gas (GHG)
emissions – scope 12
1,104 thousands of mt CO2e 394 kg CO2e/mt
GHG emissions – scope 23 579 thousands of mt CO2e 207 kg CO2e/mt
GHG emissions – scope 3 3,017 thousands of mt CO2e 1,075 kg CO2e/mt
Nitrogen oxide (NOx) emissions 4.8 thousands of mt 1.70 kg/mt
Sulfur dioxide (SO2) emissions 2.6 thousands of mt 0.93 kg/mt
Particulate emissions 1.6 thousands of mt 0.55 kg/mt
Total energy consumed
(fuel and electricity)
25,340 thousands of MWh 9.03 MWh/mt
Electricity used4 6,342 thousands of MWh 2.26 MWh/mt
Renewable energy used
(fuel and electricity)
18,825 thousands of MWh 6.71 MWh/mt
Fuel used – oil/diesel 9.7 thousands of m3 0.0035 m3/mt
Water used 198,134 thousands of m3 70.61 m3/mt
Water discharged5 192,190 thousands of m3 68.49 m3/mt
Discharges to water –
Total Suspended Solids
6.4 thousands of mt 2,29 kg/mt
Biochemical oxygen demand
(BOD5) of discharges
4.9 thousands of mt 175 kg/mt
Total waste 486.8 thousands of mt 173.47 kg/mt
Waste recycled6 201.0 thousands of mt 90.51 kg/mt
Waste sent to landfills 125.2 thousands of mt 44.60 kg/mt
Power generated 2,816 thousands of MWh N/A
Forest management (SFM) certification7 100% N/A
Number of significant spills8 0 N/A
Number of significant
environmental fines9
0 N/A
ISO 14001:2015-certified sites 10 42 N/A
Total number of sites 11 45 N/A
  1. Environmental data is for pulp, paper and tissuemills only, except for environmental incidents and ISO 14001 certification, both of which also include sawmills and woodland operations.
  2. Scope 1 includes "direct emissions," which come from sources owned or controlled by the company, such as the combustion of fuel at the mill to generate heat to dry paper or to create electricity.
  3. Scope 2 encompasses "indirect emissions" (the result of company activities occurring at sources owned or controlled by another company) associated with the production of purchased electricity or steam. Scope 2 emissions physically occur at the facility where electricity or steam is generated. Resolute’s electricity suppliers provide us with their grid emission factors, which the company then includes in its scope 2 emissions data.
  4. Represents purchased electricity, minus actual external sales of electricity produced from cogeneration facilities.
  5. Resolute returns more than 97% of the water it withdraws. The balance remains within products or evaporates during the manufacturing process.
  6. Includes waste used beneficially and for on-site energy recovery
  7. 100% of the woodlands managed by Resolute Forest Products are third-party certified to one of two internationally recognized forest management standards: Sustainable Forestry Initiative® (SFI®) or Forest Stewardship Council® (FSC®).
  8. In its financial statements, the company is required to record accidental releases of hazardous substances significant enough to risk damage to human and environmental health, or that have potential liability and reputational consequences. Between 2018 and 2020, Resolute recorded no such incidents.
  9. Material environmental contingencies are disclosed in the footnotes to the company’s consolidated financial statements in its Annual Report on Form 10-K for the year ended December 31, 2020. Certain additional proceedings are also disclosed under the heading “Item 3 – Legal Proceedings” in the Form 10-K.
  10. Includes 15 ISO 14001:2015-certified pulp, paper and tissue mills, 19 wood products facilities, 1 hydroelectric generation and transmission network and 7 woodlands operations.
  11. Includes 15 pulp, paper and tissue mills, 22 wood products facilities, 1 hydroelectric generation and transmission network and 7 woodlands operations.

Social Highlights

Social Highlights 2020 Performance
Lost time incident rate1 0.26
Total OSHA recordable incident rate 2 0.62
Severity rate3 16.8
Fatalities - employees 0
Fatalities - contractors 0
Fatalities - total 0
Community spending $1,624,633
Total employees 7,104
Voluntary employee turnover 12.2%
Involuntary employee turnover4 3.7%
Employees unionized 63.6%
Women in workforce 12.4%
Women in management roles 18.4%
  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. The total incident rate is calculated by multiplying the number of recordable incident cases by 200,000, divided by total number of hours worked.
  3. The severity rate is calculated by adding the number of workdays lost to the number of restricted workdays due to injury, multiplied by 200,000 hours worked, divided by total number of hours worked.
  4. Employees who leave the organization due to dismissal, retirement or death in service.

Financial Highlights

Financial Highlights1 2020
Sales $2,800
Operating income (loss) per segment  
Market pulp (1)
Tissue (1)
Wood products 276
Newsprint (46)
Paper 228
Corporate and other (129)
Operating income (loss) 99
Net income (loss) attributable to Resolute Forest Products Inc. $10
Net income (loss) per share attributable to Resolute Forest Products Inc.  
Common shareholders  
Basic 0.12
Diluted 0.12
Adjusted EBITDA2 $338
Net income (loss) including noncontrolling interests $10
Interest expense 34
Income tax provision 51
Depreciation and amortization 169
EBITDA $264
Closure costs, impairment and other related charges 53
Inventory write-downs related to closures 25
Start-up costs 3
Net gain on disposition of assets (11)
Non-operating pension and other postretirement benefit (credits) costs (47)
Other (income) expense, net 4
Adjusted EBITDA2 $338
Cash and cash equivalents $11
Total assets $3,730
  1. Year ended December 31, 2020 (in millions, except per share amounts).
  2. Earnings before interest expense, income taxes, and depreciation and amortization, or “EBITDA,” and adjusted EBITDA are not financial measures recognized under U.S. generally accepted accounting principles, or “GAAP.” EBITDA is calculated as net income (loss) including noncontrolling interests from the Consolidated Statements of Operations, adjusted for interest expense, income taxes, and depreciation and amortization. Adjusted EBITDA means EBITDA, excluding special items, such as foreign exchange gains and losses, closure costs, impairment and other related charges, inventory write-downs related to closures, start-up costs, gains and losses on disposition of assets, non-operating pension and other postretirement benefit, or “OPEB,” costs and credits, and other charges or credits. We believe that using non-GAAP measures such as EBITDA and adjusted EBITDA is useful because they are consistent with the indicators management uses internally to measure the company’s performance, and it allows the reader to more easily compare our operations and financial performance from period to period. EBITDA and adjusted EBITDA are internal measures and, therefore, may not be comparable to those of other companies. These non-GAAP measures should not be viewed as substitutes to financial measures determined under GAAP.