Derik Frederiksen Appointed as Director of FSC US

“Our vision is to create a future as sustainable as the forests, for people, our products and the planet we all share. Making sustainability a core value in our business is not only the right thing to do for the planet, our people, stakeholders, partners and customers, but it makes us a better company,” said Don Kayne, President & CEO of Canfor Corporation. “Our employees want to feel proud of the organization where they work and feel an alignment with their values. Our customers want to know that the products they purchase from us are sustainably sourced and responsibly produced. Our strong sustainability practices make us a better partner, a better supplier and a better employer,” added Kayne. 2021 Highlights: • We will reduce absolute scope 1 and 2 emissions by 42% by 2030, and set a science-based reduction target for scope 3 GHG emissions by 2024 • Canfor has committed to set near- and long-term company-wide emission reductions in line with science-based net-zero with the SBTi • 54 million seedlings planted in 2021, with more than one billion planted over the last 20 years • 100% of Canfor-managed forests are certified to the Sustainable Forestry Initiative (SFI) or Forest Steward Council (FSC) Forest Management Standards • 100% of U.S. sourced wood is certified to the SFI Fibre Sourcing Standard

The main changes are proposed in the following areas: Improving the stakeholder engagement during the international consultation: This could for example be achieved through webinars to introduce the applicant system before the consultation begins. Aligning the endorsement process with the national standard setting process: In line with developments in Working Group 3 on standard setting, the endorsement process should reflect the national process. The endorsement validity should take into account that a national review/revision process will start five years after the national approval of a standard. Streamlining the assessment of already endorsed systems: Endorsed systems will be reviewed at national level after five years. If this review leads to a revision of a limited number of requirements, the international assessment should only focus on those changes. This approach would recognize the previous assessment results of the unchanged requirements. click Read More below for additional detail

The world’s top producer of plastic waste has gone on the offensive to ensure a greener future for its citizens. If China succeeds, it could offer lessons for the rest of the globe. Over the past few years, the phrase “war on waste” has been popping up frequently in Chinese media headlines. Last year, China’s state news agency Xinhua described tackling the waste problem as “a tough and drawn out battle.” The campaign began in March 2017, when the Chinese central government set out a waste sorting plan with the goal of recycling 35% of municipal solid waste in 46 of the country’s major cities by 2020. Shanghai and Beijing, the two largest cities, have since amended the municipal rules to enforce mandatory waste classification – in July 2019 and May 2020, respectively. In January this year, a state commission announced another ambitious goal: to eliminate all non-biodegradable plastic bags across the country by 2025.