MEMPHIS, Tenn. – Sylvamo earned an 'A-' for leadership in environmental transparency and forests in 2023 from Carbon Disclosure Project (CDP), improving its 2022 grade.
The company also received a 'B-' in water security after submitting its first water questionnaire and a 'C' in climate change.
CDP is a global nonprofit that runs the world’s largest climate and environmental disclosure system supporting companies, cities, states and regions. Scores demonstrate a company's disclosure and environmental performance, and the methodology provides a comparable dataset across the market.
"We remain committed to transparent reporting and expect internal and external stakeholders to hold us accountable to our commitments,” said James McDonald, chief sustainability officer, Sylvamo. “I am proud of the work Sylvamo is doing. It’s great to see an organization like CDP recognize our progress in just our second year of reporting.”
Sylvamo is committed to operating responsibly and sustainably to seize opportunities, address risks and create long-term value for our shareowners.
February 16, 2024
(press release)
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