MEMPHIS, Tenn., May 16,
2012/PRNewswire/ -- International Paper
released its 2011 Sustainability Report that showcases the
company's new suite of 12 voluntary sustainability
goals. The company expects to reach a number of goals
by 2020, which include:
-
15% improvement of energy efficiency in purchased energy
use
-
20% absolute reduction in global GHG emissions (Scope 1
and 2) associated with the production of products
-
15% global increase in third party certified fiber volume
In addition to these goals, International Paper set a host
of other goals addressing issues such as fiber
certification, philanthropy, safety and water use.
"At International Paper, sustainability is more than a
business practice," said Chairman and CEO John
Faraci. "Environmental, social and economic
performance has been at the core of our company for
more than 110 years. Stewardship of the forestland
and surrounding habitat is ingrained in our company's
DNA."
The report highlights International Paper's
sustainability commitment in every aspect of the
business. "At every point of the International
Paper supply chain - from the design of our paper and
packaging, to the people and manufacturing processes, to
end-use recycling and other beneficial uses, International
Paper strives for a sustainable product life cycle,"
added Faraci.
Sustainability highlights from 2011 include the following:
-
Awarded a U.S. Environmental Protection Agency Climate
Leadership Award
-
Met 71 percent of global paper mill energy requirements
with renewable biomass
-
Named "Most Admired Forest and Paper Products
Company®" by Fortune Magazine for Nine of last 10
years.
-
Named one of Ethisphere Institute's "World's
Most Ethical Companies" for the sixth consecutive
year
-
Total Safety Incident Rate decreased to its lowest rate
ever
-
Donated more than $11 millionworldwide to
charitable organizations.
David Kiser, International Paper's Vice
President of Environment, Health, Safety and
Sustainability, said: "While our focus as a forest
products company is by necessity on the environmental
aspects of our operations, the coverage of our new goals is
broad and includes both social and environmental dimensions
of sustainability."
This report, available in print and online achieves a
B-level application of the Global Reporting
Initiative's (GRI) guidelines. This represents an
ongoing commitment to best practice transparent
reporting. To view the report or request a printed
copy, please visit www.ipsustainability.com
About International Paper
International Paper (NYSE: IP) is a global paper and
packaging company with manufacturing operations in
North America, Europe,
Latin America, Russia,
Asiaand North Africa. Its
businesses include uncoated papers and industrial and
consumer packaging, complemented by xpedx, the
company's North American distribution company.
Headquartered in Memphis, Tenn., the company
employs approximately 70,000 people following the
acquisition of Temple-Inland Inc. and is strategically
located in more than 24 countries serving customers
worldwide. International Paper net sales for
2011 were $26 billion. Temple-Inland Inc.,
which was acquired in February 2012, had 2011
net sales of $4 billion. For more information
about International Paper, its products and stewardship
efforts, visit internationalpaper.com.
SOURCE International Paper
Media: Thomas J. Ryan, +1-901-419-4333; Investors: Glenn
Landau, +1-901-419-1731; and Emily Nix, +1-901-419-4987
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