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In 2024, West Fraser Timber completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
West Fraser Timber has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofWest Fraser Timber amounted to1,221,752metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of West Fraser Timberincreased by 0.23%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of West Fraser Timber were 649,448 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, West Fraser Timber's Scope 1 emissions have decreased by 7.35%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), West Fraser Timber's Scope 1 emissions remained relatively stable, indicating that West Fraser Timber's emissions have plateaued with no significant change in its operational footprint.a
In 2024, West Fraser Timber reported Scope 2 greenhouse gas (GHG) emissions of 480,052 tCOâ‚‚e using the market-based method and 572,304 tCOâ‚‚e using the location-based method.a
Since 2019, West Fraser Timber's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 23.08%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), West Fraser Timber's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that West Fraser Timber's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, West Fraser Timber reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, West Fraser Timber reported 6,139,008 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of West Fraser Timber includes a breakdown across 13of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, West Fraser Timber reported total Scope 3 emissions of 6,139,008 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 38.34%of these emissions originated from upstream activities such as purchased goods and capital goods, while 61.66%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), West Fraser Timber's Scope 3 emissions remained relatively stable, indicating that West Fraser Timber's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, West Fraser Timber reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to West Fraser Timber's Scope 3 emissions were:a
In 2024, West Fraser Timber reported Scope 1 greenhouse gas (GHG) emissions of 649,448 tCOâ‚‚e and total revenues of USD 8,532 millions. This translates into an emissions intensity of 76.12 tCOâ‚‚e per millions USD.a
In 2024, West Fraser Timber reported a Scope 1 emissions intensity of 76.12 tCOâ‚‚e per millions USD. Compared to the peer group median of 204.3, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, West Fraser Timber ranked 6 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
West Fraser Timber is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, West Fraser Timber reported a total carbon footprint of 7,360,760 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.86% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to West Fraser Timber's total carbon footprint was Scope 3 emissions, accounting for 83.4% of the company's total carbon footprint, followed by Scope 1 emissions at 8.82%.a