International Paper Publishes 2023 Sustainability Report

Rhea-AI Summary

International Paper has released its 2023 Sustainability Report, highlighting progress towards its Vision 2030 sustainability goals. The report details initiatives and achievements in sustainable resource management, renewable fiber-based solutions, and contribution to a low-carbon, circular economy. It includes reporting against the Sustainability Accounting Standards Board (SASB) disclosures and the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. Additionally, IP has responded to the Carbon Disclosure Project's (CDP) Climate Change, Forest, and Water Security questionnaires to transparently showcase risks and opportunities in these important areas.

Positive

• International Paper shows commitment to sustainability with progress on Vision 2030 goals.
• Positive reporting against SASB disclosures and TCFD recommendations.
• Strong focus on renewable fiber-based solutions, aiding a low-carbon, circular economy.
• Transparent disclosure through CDP Climate Change, Forest, and Water Security questionnaires.
• Contributes to sustainable resource management for over 125 years.

Negative

• No specific financial performance data or revenue impact from sustainability initiatives provided.
• details on measurable outcomes or specific achievements related to Vision 2030 goals.

International Paper announced the progress on its Vision 2030 sustainability targets and published reporting against the Sustainability Accounting Standards Board (SASB) disclosures and Task Force on Climate-related Financial Disclosures (TCFD) recommendations.

MEMPHIS, TN / ACCESSWIRE / May 20, 2024 / International Paper released its 2023 Sustainability Report, which illustrates the progress made on our Vision 2030 goals and outlines our commitment to building a better future for people, the planet and our company.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9262852-international-paper-publishes-2023-sustainability-report/

For more than 125 years, IP has championed the sustainable management of natural resources. As part of its commitment to build a better future, IP advances its Vision 2030 goals and targets in order to deliver sustainable outcomes through our businesses.

"Guided by Vision 2030, our sustainability framework, IP has continuously worked alongside customers and strategic partners to become a leader in renewable fiber-based solutions and to help facilitate a low carbon, circular economy," said Sophie Beckham, Vice President and Chief Sustainability Officer, International Paper.

International Paper reported pursuant to the Task Force on Climate-related Financial Disclosures (TCFD) and also responded to CDP's (Carbon Disclosure Project) Climate Change, Forest and Water Security questionnaires to transparently disclose risks and opportunities in those core areas of sustainability.

Learn more about how International Paper address these risks in the Sustainable Operations and TCFD Index sections of this report and see the Annual Performance Summary for more information.

About International Paper
International Paper (NYSE: IP) is a global producer of sustainable packaging, pulp and other fiber-based products, and one of the world's largest recyclers. Headquartered in Memphis, Tenn., we employ approximately 39,000 colleagues globally who are committed to creating what's next. We serve customers worldwide, with manufacturing operations in North America, Latin America, North Africa and Europe. Net sales for 2023 were $18.9 billion. Additional information can be found by visiting internationalpaper.com.

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Contact Info:
Spokesperson: International Paper Company
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SOURCE: International Paper Company

View the original press release on accesswire.com

FAQ

What is International Paper's Vision 2030?

It's a set of sustainability goals aimed at building a better future for people, the planet, and the company.

What did International Paper report in the 2023 Sustainability Report?

The report highlights progress on Vision 2030 goals, renewable fiber-based solutions, and disclosures against SASB and TCFD standards.

How does International Paper disclose its sustainability risks and opportunities?

IP responds to the CDP's Climate Change, Forest, and Water Security questionnaires and follows TCFD recommendations.

What are the key focus areas in International Paper's sustainability efforts?

Key areas include renewable fiber-based solutions, sustainable resource management, and a low-carbon, circular economy.

How long has International Paper been involved in sustainable resource management?

For over 125 years.