Weyerhaeuser’s Designation is the Highest Available Through SBTi Process

Science Based Targets initiative (SBTi) approved Weyerhaeuser Company’s greenhouse gas reduction target as consistent with levels required to meet the goals of the Paris Agreement and to keep warming to 1.5°C globally. This designation is the highest available through the SBTi process.

The SBTi defines and promotes best practices in science-based target setting and independently assesses companies’ targets as part of a global transition to a low-carbon economy. As part of this approval process, Weyerhaeuser committed to reduce its direct and indirect emissions, also known as scope 1 and 2 emissions respectively, by 42 percent by 2030 and to reduce other emissions related to activities within the value chain (known as scope 3 emissions) by 25 percent per ton of production also by 2030, both against a 2020 baseline. These targets put Weyerhaeuser among a select group of companies on the path to net-zero emissions by 2050.

“We’re proud to be the first company from our sector in North America to make these ambitious commitments and achieve this designation,” said Devin W. Stockfish, president and CEO of Weyerhaeuser. “Sustainability is a core value and has guided our company for more than a century, and this important milestone builds on our strong ESG foundation and reflects our leadership and commitment to providing natural climate solutions through our working forests and wood products.”