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 GHG Emissions Data Preview

In 2023, 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)2024202320222021 - 2017
Total Scope 1
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Market-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Location-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected GHG emissions 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 West Fraser Timber's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of West Fraser Timber amounted to 1,719,000 metric 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of West Fraser Timber decreased by 4.39%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

West Fraser Timber's Scope 1 Emissions Over Time

201920202021202220230300 k600 k900 k1.2 MtCO2e0%+6%-6%-6%
  • Total Scope 1
  • Year-over-Year Change

What are West Fraser Timber's Scope 1 emissions?

In 2023, the total Scope 1 emissions of West Fraser Timber were 952,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has West Fraser Timber reduced its Scope 1 emissions over time?

Since 2019, West Fraser Timber's Scope 1 emissions have decreased by 6.76%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), West Fraser Timber's Scope 1 emissions decreased by 5.65%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are West Fraser Timber's Scope 2 emissions?

In 2023, West Fraser Timber reported Scope 2 greenhouse gas (GHG) emissions of 760,000 tCOâ‚‚e using the market-based method, and 767,000 tCOâ‚‚e using the location-based method.

Has West Fraser Timber reduced its Scope 2 emissions over time?

Since 2019, West Fraser Timber's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 23.3%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), 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.

What methodology does West Fraser Timber use for Scope 2 reporting?

In 2023, West Fraser Timber reported its Scope 2 emissions using the market-based method and using the location-based method.

West Fraser Timber's Scope 2 Emissions Over Time

201920202021202220230300 k600 k900 k1.2 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into West Fraser Timber's Value Chain Emissions

In 2023, West Fraser Timber reported 7,574,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of West Fraser Timber includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

West Fraser Timber's Scope 3 Emissions Over Time

202020212022202302.5 M5 M7.5 M10 MtCO2e+1%-3%-4%
  • Total Scope 3
  • Year-over-Year Change

What are West Fraser Timber's Scope 3 emissions?

In 2023, West Fraser Timber reported total Scope 3 emissions of 7,574,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 34.37% of these emissions originated from upstream activities such as purchased goods and capital goods, while 65.63% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), 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.

What categories of Scope 3 emissions does West Fraser Timber disclose?

In 2023, West Fraser Timber reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of West Fraser Timber's Scope 3 emissions?

In 2023, the largest contributors to West Fraser Timber's Scope 3 emissions were:

  • End-of-Life Treatment of Sold Products (Cat. 12): 2,395,000 tCOâ‚‚e (31.62%)
  • Processing of Sold Products (Cat. 10): 2,291,000 tCOâ‚‚e (30.25%)
  • Purchased Goods and Services (Cat. 1): 1,203,000 tCOâ‚‚e (15.88%)

West Fraser Timber's Scope 3 Emissions by Categories

Processing of SoldProducts (Cat. 10)(30.2%)Purchased Goods andServices (Cat. 1)(15.9%)End-of-LifeTreatment of SoldProducts (Cat. 12)(31.6%)

Insights into West Fraser Timber's Total Carbon Footprint

In 2023, West Fraser Timber reported a total carbon footprint of 9,293,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.68% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to West Fraser Timber's total carbon footprint was Scope 3 emissions, accounting for 81.5% of the company's total carbon footprint, followed by Scope 1 emissions at 10.24%.