West Fraser Timber Co Ltd

Common Name
West Fraser Timber
Country
Canada
Sector
Basic Materials
Industry
Lumber & Wood Production
Employees
9,700
Ticker
WFG
Exchange
TORONTO STOCK EXCHANGE
Description
West Fraser Timber Co. Ltd. is a leading diversified wood products company primarily based in Canada. The company is involved in the production and distribution of lumber, engineered wood, panels, and...

West Fraser Timber's Climate Target Data Preview

As of 2024, West Fraser Timber 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 West Fraser Timber ’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 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), 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 - Downstream Leased Assets (Cat. 13), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind West Fraser Timber’s Climate Targets Data

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a. West Fraser Timber's Sustainability Report 2024
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Insights into West Fraser Timber's Greenhouse Gas Emissions Pathways

As of 2024, West Fraser Timber 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 West Fraser Timber have a target to reduce the emissions from its operations?

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

West Fraser Timber's most ambitious operational target is to reduce these emissions by 46.2% by 2030, compared to a baseline of 1,456,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2024, West Fraser Timber is on track to meet its operational emissions reduction target, having achieved 48.61% of the planned reduction. a

West Fraser Timber's Operational (Scope 1+2) Emissions Pathway

2019202420300400 k800 k1.2 M1.6 MBaselineCurrent (-22%)Target 2030 (-46%)

Does West Fraser Timber have a target to reduce the emissions from its value chain?

As of 2024, West Fraser Timber has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 13 out of the 15 Scope 3 categories defined by the GHG Protocol. a

West Fraser Timber's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 7,059,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2024, West Fraser Timber is ahead of schedule on its value chain emissions reduction target, having achieved 52.12% of the planned reduction. a

West Fraser Timber's Value Chain (Scope 3) Emissions Pathway

20202024203002 M4 M6 M8 MBaselineCurrent (-13%)Target 2030 (-25%)
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