Domtar Among Top 100 in Newsweek’s 2010 Green Rankings
FORT MILL, SC—Nov. 16, 2010—Domtar has earned a spot on Newsweek’s second annual Green Rankings, which the magazine designed to quantify companies’ actual environmental footprint, policies and reputation.
Newsweek worked with independent environmental researchers to evaluate the list of America’s largest publicly traded companies (based on revenue, market capitalization and number of employees). The criteria included a company’s environmental policies and initiatives, greenhouse-gas emissions and a reputation survey that polled academics, environmental officers and CEOs. Of the 500 companies measured, Domtar came in at #95, making it the only paper manufacturer in the top 100.
Domtar has earned the support of the Rainforest Alliance and other recognized environmental organizations because of its investments to increase forest certification and reduce the environmental impact of its operations. Consider:
• More than three quarters of the energy used at Domtar mills comes from renewable sources.
• Domtar has cut greenhouse gas emissions from continuing operations by 32 percent since 1990, far exceeding the requirements of the Kyoto Protocol.
• Domtar joined the Global Forest and Trade Network (GFTN) in North America to support the elimination of illegal logging and improve the management of valuable and threatened forests, and had committed to increasing its fiber purchases from FSC certified sources.
• Domtar has developed EarthChoice, the broadest and most flexible collection of environmentally responsible papers available in the marketplace. Since its launch, more than a million tons of EarthChoice papers have been sold, all of which have been certified to the standards of the Forest Stewardship Council.
“We are proud of the fact that our environmentally sound practices in the forests, at our mills, and in the market have made Domtar a leader in the effort to make paper sustainable and renewable,” said Lewis Fix, Domtar’s Vice President of Brand Management and Sustainable Product Development. “Domtar has been at the forefront of the responsible use of paper because the future of our business is linked to a healthy environment. We’re not just a paper company. We’re a sustainable paper company.”
Domtar Corp. (NYSE/TSX:UFS) is the largest integrated manufacturer and marketer of uncoated freesheet paper in North America and the second largest in the world based on production capacity, and is also a manufacturer of papergrade, fluff and specialty pulp. The Company designs, manufactures, markets and distributes a wide range of business, commercial printing and publishing as well as converting and specialty papers including recognized brands such as Cougar, Lynx Opaque Ultra, Husky Opaque Offset, First Choice and Domtar EarthChoice Office Paper, part of a family of environmentally and socially responsible papers. Domtar owns and operates Domtar Distribution Group, an extensive network of strategically located paper distribution facilities. The company employs over 8,700 people. To learn more, visit www.domtar.com.
Source: Company press release.