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Clearwater Paper Releases 2024 Sustainability Report, Highlighting Progress and Achievements

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Clearwater Paper (NYSE: CLW) has released its 2024 Sustainability Report, highlighting progress in their Everyday Responsibility framework across three pillars: Resource Stewardship, Trusted Products, and Thriving People and Communities. Key achievements include developing a roadmap for 2030 Scope 1 and 2 emissions targets, receiving International Sustainability and Carbon Certification, establishing the Clearwater Paper Foundation, implementing new Safety Commitments, and enhancing workforce engagement strategies.

The company announced strategic transformations in 2024, including the acquisition of a paperboard facility in Augusta, Georgia, and plans to sell their tissue business, focusing on becoming a premier independent paperboard supplier to North American converters.

Clearwater Paper (NYSE: CLW) ha pubblicato il suo Rapporto di Sostenibilità 2024, evidenziando i progressi nel loro framework di Responsabilità Quotidiana su tre pilastri: gestione delle risorse, prodotti affidabili e persone e comunità fiorenti. I principali risultati includono lo sviluppo di una tabella di marcia per i target delle emissioni Scope 1 e 2 per il 2030, l'ottenimento della Certificazione Internazionale di Sostenibilità e Carbonio, la creazione della Clearwater Paper Foundation, l'attuazione di nuovi impegni per la sicurezza e il miglioramento delle strategie di coinvolgimento della forza lavoro.

L'azienda ha annunciato trasformazioni strategiche nel 2024, compresa l'acquisizione di un impianto di cartone ad Augusta, Georgia, e piani per vendere il proprio business della carta tissue, concentrandosi per diventare un fornitore indipendente di cartone ondulato di primo livello per i convertitori nordamericani.

Clearwater Paper (NYSE: CLW) ha lanzado su Informe de Sostenibilidad 2024, destacando los avances en su marco de Responsabilidad Diaria en tres pilares: Gestión de Recursos, Productos Confiables y Personas y Comunidades Prósperas. Los logros clave incluyen el desarrollo de un plan para los objetivos de emisiones Scope 1 y 2 para 2030, la obtención de la Certificación Internacional de Sostenibilidad y Carbono, el establecimiento de la Fundación Clearwater Paper, la implementación de nuevos compromisos de seguridad y la mejora de las estrategias de compromiso de la fuerza laboral.

La empresa anunció transformaciones estratégicas en 2024, incluida la adquisición de una planta de cartón en Augusta, Georgia, y planes para vender su negocio de papel tissue, enfocándose en convertirse en un proveedor independiente de cartón para convertidores en América del Norte.

클리어워터 페이퍼 (NYSE: CLW)는 2024 지속 가능성 보고서를 공개하며 일상적 책임 프레임워크의 세 가지 기둥인 자원 관리, 신뢰할 수 있는 제품 및 번영하는 사람들과 커뮤니티에서의 성과를 강조했습니다. 주요 성과로는 2030년 범위 1 및 2 배출 목표에 대한 로드맵 개발, 국제 지속 가능성 및 탄소 인증 획득, 클리어워터 페이퍼 재단 설립, 새로운 안전 약속 이행 및 인력 참여 전략 개선이 포함됩니다.

회사는 2024년에 전략적 변화를 발표하며 조지아주 오거스타에 있는 종이 보드 시설 인수와 함께 티슈 사업 매각 계획을 포함하여 북미 변환업체에 대한 주요 독립 종이 보드 공급업체로 거듭나겠다고 집중하고 있습니다.

Clearwater Paper (NYSE: CLW) a publié son Rapport de Durabilité 2024, mettant en avant les progrès réalisés dans son cadre de Responsabilité Quotidienne autour de trois piliers : Gestion des Ressources, Produits de Confiance et Personnes et Communautés Florissantes. Les accomplissements majeurs incluent le développement d'une feuille de route pour les objectifs d'émissions de portée 1 et 2 d'ici 2030, l'obtention de la Certification Internationale de Durabilité et de Carbone, la création de la Clearwater Paper Foundation, l'implémentation de nouveaux Engagements en matière de Sécurité, et l'amélioration des stratégies d'engagement des employés.

L'entreprise a annoncé des transformations stratégiques pour 2024, notamment l'acquisition d'une installation de carton à Augusta, en Géorgie, et des plans pour vendre son activité de papier toilette, en se concentrant sur le fait de devenir un fournisseur de carton indépendant de premier plan pour les transformateurs nord-américains.

Clearwater Paper (NYSE: CLW) hat seinen Nachhaltigkeitsbericht 2024 veröffentlicht, der die Fortschritte im Rahmen der Alltäglichen Verantwortung in drei Säulen hervorhebt: Ressourcenverantwortung, vertrauenswürdige Produkte sowie florierende Menschen und Gemeinschaften. Zu den wichtigsten Erfolgen gehören die Entwicklung eines Fahrplans für die Emissionsziele der Kategorien 1 und 2 bis 2030, der Erhalt der Internationalen Nachhaltigkeits- und Kohlenstoffzertifizierung, die Gründung der Clearwater Paper Foundation, die Umsetzung neuer Sicherheitsverpflichtungen und die Verbesserung der Strategien zur Mitarbeiterbindung.

Das Unternehmen kündigte strategische Veränderungen für 2024 an, einschließlich der Akquisition einer Papierfabrik in Augusta, Georgia, und Plänen, das Tissue-Geschäft zu verkaufen, um sich als führender unabhängiger Papierboard-Lieferant für nordamerikanische Converter zu etablieren.

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SPOKANE, Wash.--(BUSINESS WIRE)-- Clearwater Paper Corporation (NYSE: CLW) today released its 2024 Sustainability Report, an annual update on the company’s progress against their multi-year sustainability goals. Aligned with the company’s strategic sustainability framework, Everyday Responsibility, the report details sustainability work and initiatives spanning three distinct yet equally important pillars: Resource Stewardship, Trusted Products, and Thriving People and Communities.

“Reflecting on 2023, I am pleased with what we accomplished throughout the year,” said Arsen Kitch, president and chief executive officer. “All our people play a role – every day – in ensuring that we make and deliver excellent products in sustainable ways and work collaboratively with our stakeholders and each other.”

This year’s report shares progress the company made throughout 2023, as well as impactful stories and achievements that exemplify Clearwater Paper’s commitment to Everyday Responsibility. Key highlights include:

  • Developing a roadmap to help us meet our 2030 Scope 1 and 2 emissions targets, which have been approved by the Science Based Targets initiative (SBTi).
  • Receiving the International Sustainability and Carbon Certification (ISCC) as part of our work with Charter Next Generation (CNG).
  • Establishing the Clearwater Paper Foundation and launching our new Charitable Giving and Employee Match Programs to support our local communities.
  • Rolling out our new Safety Commitments and Lifesaving Rules and training our site leaders in holding impactful exposure reduction discussions.
  • Implementing our workforce engagement strategies to support employees, candidates and the communities where we live and work.

“While this report looks back on 2023 sustainability performance, I also want to point out major strategic accomplishments in 2024,” said Mr. Kitch. “We are transforming Clearwater Paper into a premier independent paperboard supplier to North American converters through two key actions. Earlier this year we acquired a paperboard facility in Augusta, Georgia, and in July we announced that we have signed definitive agreements to sell our tissue business. As we transform Clearwater into a paperboard packaging supplier, we will continue to focus on improving the sustainability of our products and processes.”

Clearwater Paper is committed to maintaining high standards of quality, working safely, engaging with our communities, and serving as responsible stewards of our natural resources.

Learn more about this commitment and the progress we’ve made towards our goals in Clearwater Paper’s 2024 Sustainability Report here.

ABOUT CLEARWATER PAPER

Clearwater Paper is a premier supplier of paperboard and private brand tissue. The company’s paperboard operations serve quality-conscious printers and packaging converters, with services that include custom sheeting, slitting, and cutting. The company’s tissue operations serve private brand market retail customers including grocery, club, mass merchants, and discount stores. Clearwater Paper’s employees build shareholder value by developing strong relationships through quality and service. For more information on Clearwater Paper, please visit our website at www.clearwaterpaper.com.

FORWARD-LOOKING STATEMENTS

This communication contains “forward-looking” statements as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995, as amended, including statements regarding sustainability strategies, commitments and goals; customers; business objectives; GHG reduction; product quality, attributes and development; employees; and safety. These forward-looking statements are based on current expectations that are subject to change, and actual results may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially include, among others, the achievement of anticipated benefits of strategic transactions and other risk factors as detailed from time to time in the company's public filings with the Securities and Exchange Commission. The company does not undertake to update any forward-looking statements based on new developments or changes to the company’s expectations.

Media contact:

Virginia Aulin

Clearwater Paper Corporation

509.344.5967

virginia.aulin@clearwaterpaper.com

Investor contact:

Sloan Bohlen

Solebury Strategic Communications

509.344.5906

investorinfo@clearwaterpaper.com

Source: Clearwater Paper Corporation

FAQ

What are the key highlights of Clearwater Paper's 2024 Sustainability Report?

The report highlights development of 2030 emissions targets roadmap, International Sustainability and Carbon Certification achievement, establishment of Clearwater Paper Foundation, new Safety Commitments implementation, and enhanced workforce engagement strategies.

What strategic changes did Clearwater Paper (CLW) announce in 2024?

Clearwater Paper announced the acquisition of a paperboard facility in Augusta, Georgia, and signed agreements to sell their tissue business, focusing on becoming a premier independent paperboard supplier.

What are the three pillars of Clearwater Paper's Everyday Responsibility framework?

The three pillars are Resource Stewardship, Trusted Products, and Thriving People and Communities.

Has Clearwater Paper's emissions targets received SBTi approval?

Yes, Clearwater Paper's 2030 Scope 1 and 2 emissions targets have been approved by the Science Based Targets initiative (SBTi).

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