The benefits of wood construction include the material’s lightness and fast construction. The most relevant aspect where climate change is concerned, however, is the unique ability of wood structures to store carbon in themselves for their entire life-cycle. For example, an average Finnish single-family house built from wood stores roughly 30 tonnes of atmospheric carbon dioxide within its wooden structures. This is equal to the carbon dioxide emissions generated by the average miles driven by one person over a period of 10 years. The biggest growth opportunities of wood use lie in industrial construction, as well as in the construction of additional floors onto existing buildings and renovating them. By increasing the use of wood, we can considerably reduce the consumption of non-renewable natural resources and construction’s carbon dioxide emissions. “Forest industry products play an important role in the mitigation of climate change. Every wood structure stores carbon, some for as long as hundreds of years. We must move from the fossil economy towards a resource-smart bioeconomy, and increasing the volume of wood construction is one of the essential ways of doing this,” says Juha Laine, SVP, Communications of Metsä Group.

As an extension of our sustainable forestry principles, Domtar has joined the American Forest Foundation (AFF) as a partner in its Family Forest Carbon Program (FFCP). This new initiative, designed to enhance carbon sequestration in family-owned forestland across the United States, includes other business partners and charitable foundations, as well as the Nature Conservancy. The FFCP represents a new approach to climate change mitigation that taps into the carbon storage potential of family-owned forestland while creating a new market and source of income for the families who dedicate time and effort to their forest management.

Tronox Holdings plc, the world’s leading integrated manufacturer of titanium dioxide pigment, today announced the publication of its 2022 sustainability report. The report details the significant steps taken over the last year to advance its leadership role in sustainability and protecting the environment: *Reinforced Scope 1 and 2 carbon emission reduction targets, recommitting to the accelerated carbon intensity reduction targets of 35% by 2025 and 50% by 2030 against a 2019 baseline. *Created regional decarbonization roadmaps that will be integral to meeting the Company’s net zero by 2050 goal. *Set Scope 3 emissions targets to decrease emissions intensity by 9% by 2025 and 16% by 2030 against a 2021 baseline. *Reduced waste to external landfills by 10% on an absolute basis from the 2019 baseline, keeping on course to meet the 2025 and 2030 reduction targets of 15% and 25%, respectively.