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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 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)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
0000000
Total Scope 3
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind West Fraser Timber’s Greenhouse Gas (GHG) Emissions 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 West Fraser Timber’s data sources below and access millions more through our Disclosure Search.

a. West Fraser Timber's Sustainability Report 2024
a. West Fraser Timber's Sustainability Report 2024

Insights into West Fraser Timber's Operational Emissions

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

West Fraser Timber's Scope 1 Emissions Over Time

2019202020212022202320240200 k400 k600 k800 ktCO2e-2%+5%-10%0%-1%
  • Total Scope 1
  • Year-over-Year Change

What are West Fraser Timber's Scope 1 emissions?

In 2024, the total Scope 1 emissions of West Fraser Timber were 649,448 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

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

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

What are West Fraser Timber's Scope 2 emissions?

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

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 23.08%, 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

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

In 2024, West Fraser Timber reported its Scope 2 emissions using the market-based method and using the location-based method.a

West Fraser Timber's Scope 2 Emissions Over Time

2019202020212022202320240200 k400 k600 k800 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into West Fraser Timber's Value Chain Emissions

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

West Fraser Timber's Scope 3 Emissions Over Time

2020202120222023202402 M4 M6 M8 MtCO2e+2%-3%-5%-7%
  • Total Scope 3
  • Year-over-Year Change

What are West Fraser Timber's Scope 3 emissions?

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

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

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.

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

In 2024, the largest contributors to West Fraser Timber's Scope 3 emissions were:a

  • End-of-Life Treatment of Sold Products (Cat. 12): 2,145,000 tCOâ‚‚e(34.94%)
  • Processing of Sold Products (Cat. 10): 1,366,000 tCOâ‚‚e(22.25%)
  • Purchased Goods and Services (Cat. 1): 1,148,000 tCOâ‚‚e(18.7%)

West Fraser Timber's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(18.7%)Processing of SoldProducts (Cat. 10)(22.3%)End-of-LifeTreatment of SoldProducts (Cat. 12)(34.9%)

Insights into West Fraser Timber’s GHG Emissions Intensity Compared to Industry Peers

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

West Fraser Timber's Scope 1 Emissions Intensity Compared to Peers

5,00050,000500,0005,000,00050,000,000Scope 1 Emissions (tCO2e)202001,00010,000100,000Revenues (Millions of USD)FIGPan American SilverYear: 2024Scope 1: 294,022 tCO2eRevenue: $M 3,887Scope 1 Intensity: 75.64 tCO2e/$MMercer InternationalYear: 2024Scope 1: 454,602 tCO2eRevenue: $M 2,043Scope 1 Intensity: 222.48 tCO2e/$MB2GoldYear: 2024Scope 1: 662,000 tCO2eRevenue: $M 2,623Scope 1 Intensity: 252.41 tCO2e/$MFirst Quantum MineralsYear: 2024Scope 1: 1,700,000 tCO2eRevenue: $M 4,802Scope 1 Intensity: 354.02 tCO2e/$MFirst Majestic SilverYear: 2024Scope 1: 38,980 tCO2eRevenue: $M 782Scope 1 Intensity: 49.84 tCO2e/$MEldorado GoldYear: 2024Scope 1: 110,424 tCO2eRevenue: $M 1,825Scope 1 Intensity: 60.50 tCO2e/$MEquinox GoldYear: 2024Scope 1: 301,539 tCO2eRevenue: $M 1,514Scope 1 Intensity: 199.15 tCO2e/$MFFFortuna MiningYear: 2024Scope 1: 119,698 tCO2eRevenue: $M 1,491Scope 1 Intensity: 80.31 tCO2e/$MIAMGOLDYear: 2024Scope 1: 483,348 tCO2eRevenue: $M 2,252Scope 1 Intensity: 214.65 tCO2e/$MMethanexYear: 2024Scope 1: 3,863,000 tCO2eRevenue: $M 3,720Scope 1 Intensity: 1,038.49 tCO2e/$MKinross Gold Corp (Ontario)Year: 2024Scope 1: 1,078,439 tCO2eRevenue: $M 5,149Scope 1 Intensity: 209.45 tCO2e/$MBarrick MiningYear: 2024Scope 1: 6,127,000 tCO2eRevenue: $M 17,857Scope 1 Intensity: 343.12 tCO2e/$MHudbay MineralsYear: 2024Scope 1: 287,000 tCO2eRevenue: $M 2,793Scope 1 Intensity: 102.75 tCO2e/$MNutrienYear: 2024Scope 1: 9,450,000 tCO2eRevenue: $M 35,814Scope 1 Intensity: 263.87 tCO2e/$MCapstone CopperYear: 2024Scope 1: 423,376 tCO2eRevenue: $M 1,599Scope 1 Intensity: 264.74 tCO2e/$MOceanaGoldYear: 2024Scope 1: 184,278 tCO2eRevenue: $M 1,796Scope 1 Intensity: 102.62 tCO2e/$MIIInterforYear: 2024Scope 1: 123,272 tCO2eRevenue: $M 2,102Scope 1 Intensity: 58.65 tCO2e/$MIvanhoe MinesYear: 2024Scope 1: 294,889 tCO2eRevenue: $M 41Scope 1 Intensity: 7,224.48 tCO2e/$MGGG Mining VenturesYear: 2024Scope 1: 29,950 tCO2eRevenue: $M 204Scope 1 Intensity: 146.92 tCO2e/$MStella-JonesYear: 2024Scope 1: 136,395 tCO2eRevenue: $M 2,412Scope 1 Intensity: 56.56 tCO2e/$MWest Fraser TimberYear: 2024Scope 1: 649,448 tCO2eRevenue: $M 8,532Scope 1 Intensity: 76.12 tCO2e/$M

How does West Fraser Timber's GHG emissions intensity compare to its peers?

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

Where does West Fraser Timber rank on GHG emissions intensity within its industry?

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

Insights into West Fraser Timber's Total Carbon Footprint

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

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