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June 23, 2021 – Vancouver, British Columbia – Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) announced today the release of our 2020 Sustainability Report detailing the progress and commitment to our key sustainability initiatives. This includes the completion of our first full lifecycle carbon accounting, which confirmed the positive role Western’s sustainable forest management practices and wood products have in fighting against climate change.
“Sustainability is engrained in Western’s vision and values and I am tremendously proud of the progress we have made to confirm the positive impact our business makes,” said Don Demens, President and Chief Executive Officer. “Our sustainable forest management practices and the wood products we manufacture play a key role in reducing global greenhouse gases. At the same time, the COVID-19 pandemic has further highlighted the importance of nurturing and building positive relationships with our people, First Nations, customers, communities and other stakeholders.”
Key highlights of our 2020 Sustainability Report:
Health & Safety:
Sustainability is a key strategic priority for Western and is supported throughout the organization, from the Board, to executive management, to our employees. Our 2020 Sustainability Report continues to demonstrate Western’s commitment to transparency, accountability and continuous improvement on our most material sustainability topics. Western plans to build on the progress made in 2020 and continue to enhance and evolve our sustainable practices and disclosure.
Our 2020 Sustainability Report is available on our website at www.westernforest.com/responsibility About Western Forest Products Inc.
Western is an integrated forest products company building a margin-focused log and lumber business to compete successfully in global softwood markets. With operations and employees located primarily on the coast of British Columbia and Washington State, Western is a premier supplier of high-value, specialty forest products to worldwide markets. Western has a lumber capacity in excess of 1.1 billion board feet from eight sawmills and four remanufacturing facilities. The Company sources timber from its private lands, long-term licenses, First Nations arrangements, and market purchases. Western supplements its production through a wholesale program providing customers with a comprehensive range of specialty products.
For further information, please contact:
Executive Vice President & Chief Financial Officer
Senior Director, Communications
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