Mercer International Inc. Releases 2022 Sustainability Report
31 5월 2023 - 5:30AM
Mercer International Inc. (“Mercer” or the “Company”) (Nasdaq:
MERC) -- a global forest and bioproducts company, today announced
the release of its annual sustainability report. The Mercer “Fit
for Future” 2022 Sustainability Report (the “Report”) highlights
the Company's progress and builds upon the insights gained from its
2021 inaugural report.
The Report goes beyond meeting regulatory
requirements, aiming to resonate with customers, communities,
investors, and employees by sharing core values, initiatives and
impacts while charting a forward-looking course. Notably, the
Report features a Materiality Assessment section based on
stakeholder input and highlights Mercer’s commitment to becoming an
ESG performance and disclosure leader. It also includes early
disclosure for the Taskforce on Nature-related Financial
Disclosures (TNFD), addressing biodiversity risks and
opportunities.
Notable Sustainability Achievement
Highlights
Health & Safety: Steady improvements
towards zero incidents. In 2022, Mercer achieved a 40%
reduction in its recordable incident rate. The Company remains
committed to a zero-incident workplace and has a near-term
aspirational goal to achieve an incident rate below 1 per 200,000
hours worked.
Diversity, Equity, and Inclusion:
Embracing an Inclusive Culture: The diversity of our
workforce remains a core element of our DE&I aspirations.
Currently, 25% of Mercer’s top 100 management positions are held by
women and in 2022 we increased the composition of women in our new
hires across the entire company from 19% in 2021 to 20% in
2022.
Mitigate Climate Change: Aligning for
Sustainability: Mercer’s climate change mitigation goals
were validated by the Science Based Target Initiative (SBTi) in
2022 and include a 35% reduction in Scope 1, 2 and 3 greenhouse gas
emissions by 2030. Mercer also became a signatory to the United
Nations Global Compact in 2022, adopting a principles-based
approach that aligns its goals, strategies and policies with the UN
Sustainable Development Goals.
ESG-Linked Credit Facility:
Mercer secured a five-year, 300 million Euro, ESG-linked credit
facility in 2022; a facility that provides important liquidity to
the Company to advance its growth aspirations but also provides
modest margin adjustments consistent with Mercer’s long-term ESG
objectives.
"Transparency and balance guide the tone of our
report, acknowledging areas for improvement as we contribute to
transforming biomass into bioproducts for a more sustainable
world," said Juan Carlos Bueno, President and CEO of Mercer
International. “We embrace the challenges and opportunities ahead
and believe that sustainability is not just an obligation but an
opportunity for innovation, growth, and positive change.”
For more information and to read the full
report, please visit the Sustainability page on the Company’s
website at https://mercerint.com/sustainability/.
About Us
Mercer International Inc. is a global forest
products company with operations in the USA, Germany, Canada and
Australia with a consolidated annual production capacity of 2.3
million tonnes of pulp, 960 million board feet of lumber, over 403
MW of green electricity, and 140 thousand cubic meters of
cross-laminated timber. To obtain further information on the
company, please visit its website at https://www.mercerint.com.
The preceding includes forward-looking
statements which involve known and unknown risks and uncertainties
which may cause our actual results in future periods to differ
materially from forecasted results. Words such as "expects,"
"anticipates," "are optimistic that," "projects," "intends,"
"designed," "will," "believes," "estimates," "may," "could" and
variations of such words and similar expressions are intended to
identify such forward‐looking statements. Among those factors which
could cause actual results to differ materially are the following:
the highly cyclical nature of our business, raw material costs, our
level of indebtedness, competition, foreign exchange and interest
rate fluctuations, our use of derivatives, expenditures for capital
projects, environmental regulation and compliance, disruptions to
our production, market conditions and other risk factors listed
from time to time in our SEC reports.
APPROVED BY:
Jimmy S.H. Lee Executive Chairman
Juan Carlos BuenoChief Executive Officer
Contact
For more information, please contact Bill Adams, Vice President, Sustainability & Innovation, at 1 (604) 891-2617
Mercer (NASDAQ:MERC)
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