LP Building Solutions Releases 2024 Sustainability Report

Rhea-AI Summary

LP Building Solutions, a leading manufacturer of high-performance building products, has released its 2024 Sustainability Report. The report highlights LP's leadership in sustainability through five key pillars: Governance, People, Environment, Products, and Community.

Key achievements include:

• Receiving the Safest Company Award from APA–The Engineered Wood Association for the 11th time in 15 years
• Releasing eight environmental product declarations, showcasing carbon-negative products representing 75% of North American net sales for 2023
• Decreasing Scope 1 and 2 greenhouse gas emissions intensity by 41% since 2019
• Achieving 80% of energy use from renewable sources in 2023
• Being named to Newsweek's list of America's Most Responsible Companies
• Donating nearly $1 million to local community causes
• Training 100% of active North American team members in inclusivity
• Offering free mental health counseling services for U.S. team members
• Sourcing 100% of wood fiber adhering to stringent forest certification standards

LP unveils 2024 Sustainability Report, showcasing leadership in sustainable practices

NASHVILLE, Tenn.--(BUSINESS WIRE)-- LP Building Solutions (LP), a leading manufacturer of high-performance building products, today released its 2024 Sustainability Report. This comprehensive report highlights LP’s continued leadership in sustainability through five key pillars: Governance, People, Environment, Products, and Community.

LP unveils 2024 Sustainability Report, showcasing leadership in sustainable practices (Photo: Business Wire)

“Sustainability is essential to our long-term success and central to our strategy,” said LP Chair and CEO Brad Southern. “Our commitment to sustainable operations is demonstrated through responsible forest management, the development of carbon-negative products, the safety and well-being of our team members, and our support for the communities where we live and work.”

Key highlights from LP’s 2024 Sustainability Report include:

• Safest Company Award: Received the Safest Company Award from APA–The Engineered Wood Association for the 11th time in 15 years.
• Environmental Product Declarations: Released eight environmental product declarations, showcasing carbon-negative products that represent 75% of our North American net sales for 2023.
• Greenhouse Gas Emissions: Decreased Scope 1 and Scope 2 greenhouse gas emissions intensity per dollar of net sales by 41% since 2019.
• Renewable Energy: Achieved 80% of energy use from renewable sources in 2023.
• Recognition: Named to Newsweek’s list of America’s Most Responsible Companies.
• Community Support: Donated nearly $1 million to causes important to local communities in which we operate.
• Inclusivity Training: Trained 100% of active North American team members in the company’s customized inclusivity program.
• Mental Health Services: Offered free and unlimited mental health counseling services for all U.S. team members.
• Sustainable Sourcing: Sourced 100% of wood fiber in adherence with stringent forest certification standards, including the Sustainable Forestry Initiative® in North America and the Programme for the Endorsement of Forest Certification in South America.

To read LP’s 2024 Sustainability Report, visit LPCorp.com/Sustainability.

About LP Building Solutions

As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood products that meet the demands of builders, remodelers and homeowners worldwide. LP’s extensive portfolio of innovative and dependable products includes Siding Solutions (LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding and LP® Outdoor Building Solutions™), LP® Structural Solutions (LP® TechShield® Radiant Barrier, LP WeatherLogic® Air & Water Barrier, LP Legacy® Premium Sub-Flooring, LP® FlameBlock® Fire-Rated Sheathing, LP NovaCore® Thermal Insulated Sheathing and LP® TopNotch® 350 Durable Sub-Flooring) and oriented strand board (OSB). In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes while shareholders build lasting value. Headquartered in Nashville, Tennessee, LP operates 22 plants across the U.S., Canada, Chile and Brazil. For more information, visit LPCorp.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240723067994/en/

Media Contact

615-986-5886

Media.Relations@lpcorp.com

Source: LP Building Solutions

FAQ

What are the key highlights of LP Building Solutions' 2024 Sustainability Report?

Key highlights include receiving the Safest Company Award, releasing environmental product declarations for carbon-negative products, decreasing greenhouse gas emissions intensity by 41% since 2019, achieving 80% renewable energy use, and being named to Newsweek's list of America's Most Responsible Companies.

How has LPX reduced its greenhouse gas emissions since 2019?

LP Building Solutions (LPX) has decreased its Scope 1 and Scope 2 greenhouse gas emissions intensity per dollar of net sales by 41% since 2019, as reported in their 2024 Sustainability Report.

What percentage of LP Building Solutions' energy use came from renewable sources in 2023?

According to LP Building Solutions' 2024 Sustainability Report, the company achieved 80% of its energy use from renewable sources in 2023.

How much did LPX donate to community causes in 2024?

LP Building Solutions (LPX) reported in their 2024 Sustainability Report that they donated nearly $1 million to causes important to local communities in which they operate.

What forest certification standards does LP Building Solutions adhere to for wood fiber sourcing?

LP Building Solutions sources 100% of its wood fiber in adherence with stringent forest certification standards, including the Sustainable Forestry Initiative® in North America and the Programme for the Endorsement of Forest Certification in South America.