LP Building Solutions releases 2023 Sustainability Report, detailing LP's resilience and sustainability across its operations and commitment to carbon-negative products

Report details LP's resilience and sustainability across its operations and commitment to carbon-negative products

LP Building Solutions (LP), a leading manufacturer of high-performance building products, today released its 2023 Sustainability Report detailing the company's environmental, social and governance (ESG) performance. The company's third annual report details how a focus on resilience has helped LP achieve key impact goals across five pillars: Governance, People, Environment, Products and Community.

"Our history has taught us the vital role sustainable building materials play in long-term resilience," said LP Chair and Chief Executive Officer Brad Southern . "By engineering our products for durability, we enable customers to build more resilient homes. By harvesting responsibly, we help promote forest resilience. By building and developing a more diverse, engaged and highly skilled workforce, we build a more resilient and competitive company."

As the 2023 Sustainability Report details, LP's products and manufacturing processes are inherently sustainable. A powerful example of this is the company's carbon-negative products. In 2023, LP completed five environmental product declarations (EPDs) for its Structural Solutions portfolio. Along with LP^® SmartSide^® Trim & Siding, these EPDs demonstrate the carbon negativity of LP products. For builders and homeowners looking for durable and resilient products that also make a positive impact on the planet, LP believes the choice is clear.

Highlights from LP's 2023 Sustainability Report include the following:

• Ensured 100% of wood fiber was sourced through stringent forest certification standards
• Continued to focus on renewable energy, deriving 80% of all thermal energy used in product manufacturing from renewable sources
• Achieved another year of strong safety performance with a world-class total incident rate below 1.0 since 2007, winning four safety awards, and achieving 1 million recordable-free hours for the sixteenth time across its sites
• Enhanced workforce diversity and belonging with the introduction of the inclusion training program Building a Better LP
• Supported communities through the LP Foundation grant program, reaching 130 nonprofits across the U.S. and Canada , and announced a national partnership with the Gary Sinise Foundation's R.I.S.E. program, which builds mortgage-free, specially adapted smart homes for America's most severely wounded veterans using LP^® SmartSide^® Trim & Siding
• Completed its ambitious plan to open LP Health and Wellness Centers at 11 of its facilities, offering free or low-cost health care exclusively to LP team members and their families

To read LP's 2023 Sustainability Report, visit LPCorp.com/Sustainability.

About LP Building Solutions
As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood products that meet the demands of builders, remodelers and homeowners worldwide. LP's extensive portfolio of innovative and dependable products includes Siding Solutions (LP^® SmartSide^®  Trim & Siding, LP ^® SmartSide^® ExpertFinish^® Trim & Siding, LP BuilderSeries^® Lap Siding and LP^® Outdoor Building Solutions™), LP^® Structural Solutions (LP^® TechShield^® Radiant Barrier, LP WeatherLogic^® Air & Water Barrier, LP Legacy^®  Premium Sub-Flooring, LP ^® FlameBlock^® Fire-Rated Sheathing, LP NovaCore^® Thermal Insulated Sheathing and LP^® TopNotch^® 350 Durable Sub-Flooring) and oriented strand board (OSB). In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes while shareholders build lasting value. Headquartered in Nashville, Tennessee , LP operates 22 plants across the U.S., Canada, Chile and Brazil. For more information, visit LPCorp.com.

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SOURCE LP Building Solutions

Media Contact: 615-986-5886, Media.Relations@lpcorp.com