Canfor Corp

Common Name
Canfor
Country
Canada
Sector
Basic Materials
Industry
Lumber & Wood Production
Employees
6,634
Ticker
CFP
Exchange
TORONTO STOCK EXCHANGE
Description
Canfor Corporation is a leading integrated forest product company that serves essential roles in forestry management and the production of lumber products. With operations extending across Canada, the...

Canfor's Climate Target Data Preview

As of 2023, Canfor has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Canfor ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Canfor's Greenhouse Gas Emissions Pathways

As of 2023, Canfor has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Canfor have a target to reduce the emissions from its operations?

As of 2023, Canfor has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Canfor's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 871,604 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

As of 2023, Canfor is on track to meet its operational emissions reduction target, having achieved 28.74% of the planned reduction.

Canfor's Operational (Scope 1+2) Emissions Pathway

2020202320300250 k500 k750 k1 MBaselineCurrent (-12%)Target 2030 (-42%)

Does Canfor have a target to reduce the emissions from its value chain?

As of 2023, Canfor has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

Canfor's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 4,909,846 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

Canfor's Value Chain (Scope 3) Emissions Pathway

2022203001.5 M3 M4.5 M6 MBaselineTarget 2030 (-25%)
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