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 2024, 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 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind Canfor’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Canfor’s data sources below and access millions more through our Disclosure Search.

a. Canfor's Sustainability Report 2024
a. Canfor's Sustainability Report 2024

Insights into Canfor's Greenhouse Gas Emissions Pathways

As of 2024, 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. a

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

As of 2024, Canfor has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Canfor's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 738,285 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2024, Canfor is lagging behind on its operational emissions reduction target, having achieved 22.81% of the planned reduction. a

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

2020202420300200 k400 k600 k800 kCurrent (-10%)Target 2030 (-42%)
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