Canfor to implement plan to achieve net-zero carbon emissions by 2050; it aims to reduce CO2 emissions from pulp and wood products operations by 42% by 2030, assess global supply chain and woodland emissions by 2024 and set science-based reduction target

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VANCOUVER, British Columbia , April 26, 2022 (press release) –

Building on our comprehensive sustainability strategy announced in October 2021, Canfor Corporation (TSX:CFP) is announcing the implementation of a comprehensive plan to achieve net-zero carbon emissions by 2050.

To achieve net-zero, Canfor has developed near term science-based targets that include reducing the carbon emissions from pulp and wood products operations, which are defined as Scope 1 and Scope 2, by 42% by 2030 compared to our base year of 2020. In addition, by 2024 we will measure and assess our global supply chain and woodlands emissions, which are defined as Scope 3, and set a science-based reduction target.

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