MONTREAL, Nov. 30, 2011 /CNW Telbec/ - Resolute Forest Products (NYSE:
ABH) (TSX: ABH) today issued its 2010 Sustainability Report, reviewing
Company performance in key areas such as environmental impact,
stakeholder engagement, product stewardship, fiber sourcing, community
relations, human resources, and health and safety.
This year's report is the first prepared by the Company using the G3
guidelines of the Global Reporting Initiative (GRI), one of the world's
most broadly accepted standards for accountable and transparent
"I'm proud of how far Resolute has progressed in becoming a stronger,
more sustainable organization, but we know we need to keep doing better
year after year," said Richard Garneau, President and Chief Executive
Officer. "By focusing on the three pillars of sustainability -
environmental, social and economic - we will improve our
competitiveness, enhance our reputation and be an environmental
supplier of choice. And GRI reporting provides a framework to improve
the accountability and transparency of our approach to sustainability."
In preparing the report, Resolute conducted an extensive analysis to
identify sustainability issues deemed most important by stakeholders.
While the analysis found that overall Company performance has been
improving steadily over the years, further action was required to
manage some key issues. To address these matters, the report includes a
series of sustainability commitments to be tackled by the Company,
including among others:
Climate Change: achieve a 65% absolute reduction in scope 1 and 2 greenhouse gas
emissions by 2015 over the 2000 base year.
Forestry and Fiber: increase Forest Stewardship Council (FSC) certification of managed
woodlands from 18% in 2010 to 80% by 2015.
Health and Safety: reduce the Occupational Safety and Health Administration (OSHA)
incident rate to 1.0 or below, with the ultimate goal of zero
incidents, zero injuries throughout the Company.
Employees: successfully ensure the next generation of the Company's workforce,
with the goal of recruiting between 2,500 and 3,500 employees over the
next three years.
Communities: rebuild strong relationships in operating communities.
For a copy of the report and for more information on Resolute Forest
Products' approach to sustainability, visit the Company's website at www.resolutefp.com/publications.
About Resolute Forest Products
Resolute Forest Products is a global leader in the forest products
industry with a diverse range of products, including newsprint,
commercial printing papers, market pulp and wood products. The Company
owns or operates 18 pulp and paper mills and 23 wood products
facilities in the United States, Canada and South Korea. Marketing its
products in close to 90 countries, Resolute Forest Products has
third-party certified 100% of its managed woodlands to sustainable
forest management standards. The shares of Resolute Forest Products,
formerly doing business as AbitibiBowater, trade under the stock symbol
ABH on both the New York Stock Exchange and the Toronto Stock Exchange.
Resolute and other member companies of the Forest Products Association
of Canada, as well as a number of environmental organizations, are
partners in the Canadian Boreal Forest Agreement. The group works to
identify solutions to conservation issues that meet the goal of
balancing equally the three pillars of sustainability linked to human
activities: economic, social and environmental. Resolute is also a
member of the World Wildlife Fund's Climate Savers program, in which
businesses establish ambitious targets to voluntarily reduce greenhouse
gas emissions and work aggressively toward achieving them.
SOURCE RESOLUTE FOREST PRODUCTS
For further information:
| Investors |
Rémi G. Lalonde
Vice President, Investor Relations
| || Media and Others |
Vice President, Corporate Communications,
Sustainability and Government Affairs