WestRock and ENGIE Sign Agreement to Add Renewable Energy to U.S. Grid

“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 Forest Stewardship Council (FSC) has announced that it will disassociate from Ballarpur Industries Limited (BILT) and the subsidiary company Sabah Forest Industries (SFI). This decision comes after a lengthy review process of the conclusions by an independent complaints panel that conducted a thorough investigation into the complaint filed by Building and Wood Workers International (BWI) in March 2015. The complaint alleged that SFI refused to uphold the International Labour Organization’s (ILO) Core Conventions on Freedom of Association (Convention No. 87) and Collective Bargaining (Convention No. 98).

California lawmakers recently rejected a bill meant to ban paper receipts. The proposal would have required businesses to ask customers if they wanted a paper receipt before printing one, and businesses would have been forbidden to print coupons or advertisements on receipts unless requested by the customer. Assembly Bill 161 by Assemblymember Phil Ting of San Francisco stalled in the state’s Senate Appropriations Committee as the legislature pared bills before the final two weeks of the session. Advocates of the California bill to ban paper receipts, dubbed Skip the Slip, suggested it would reduce paper waste in the state. The bill initially would have required businesses to provide customers electronic receipts unless a paper printout was requested. After an outcry about privacy concerns related to digital receipts and what it would cost small businesses to use new payment software, that provision was dropped. The move to ban paper receipts also faced strong opposition from the California Restaurant Association and the California Retailers Association.