WestRock Publishes 2021 Sustainability Report and Announces Validated Science-Based Target for Greenhouse Gas Reductions
WestRock publishes its 2021 Sustainability Report on
“Sustainability and innovation are fundamental to our vision to become the world’s best paper and packaging company,” said WestRock CEO
The report advances WestRock’s sustainability strategy, emphasizing the key environmental, social and governance (ESG) components of its core pillars:
Supporting People and Communities: Serving the people we rely on and those who rely on us.
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Striving for a
100% safe culture by driving continuous improvement to reduce risk in the workplace and by supporting our teammates’ well-being - Investing in programs and systems to advance our leadership in diversity, inclusion and belonging for our teammates, customers, industry and communities
Bettering the Planet: Championing sustainable forestry and protecting the environment.
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A science-based target to reduce:
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Absolute Scope 1 and Scope 2 GHG emissions by
27.5% by 2030 from a 2019 base year -
Absolute Scope 3 GHG emissions from purchased goods and services, fuel and energy activities, upstream and downstream transportation and distribution, and end of life treatment of sold products by
27.5% by 2030 from a 2019 base year
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Absolute Scope 1 and Scope 2 GHG emissions by
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Promoting sustainable forestry and seeking to ensure forests where we operate remain forest positive by:
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Sourcing
100% of virgin fiber from responsibly managed forests - Investing in the future of sustainable forestry by supporting certification of 1.5 million acres of forestland to recognized forest management standards by FY30
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Sourcing
Innovating for Our Customers and Their Customers: Innovating to achieve a more circular economy.
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By 2025,
100% of WestRock's products will be recyclable, compostable or reusable, driving the transition to a more circular economy through cutting edge innovation
The report continues to align with
To learn more about WestRock's science-based target commitment and approach to sustainability, please visit https://www.westrock.com/sustainability.
About WestRock
WestRock (NYSE: WRK) partners with our customers to provide sustainable paper and packaging solutions that help them win in the marketplace. WestRock’s team members support customers around the world from locations spanning
Forward-looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on our current expectations, beliefs, plans or forecasts and are typically identified by words or phrases such as “may,” “will,” “could,” “should,” “would,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “target,” “prospects,” “potential” and “forecast,” and other words, terms and phrases of similar meaning. Forward looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties. We caution readers that forward-looking statements are not a guarantee of future performance and that actual results could differ materially from those contained in forward-looking statements. Our businesses are subject to a number of general risks that would affect any such forward-looking statements. These risks are described in our filings with the
View source version on businesswire.com: https://www.businesswire.com/news/home/20220512005287/en/
Media:
Manager, Corporate Communications
robby.b.johnson@westrock.com
Investors:
Senior Vice President, Investor Relations
rob.quartaro@westrock.com
Vice President, Investor Relations
james.armstrong@westrock.com
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