Trending...
- Tacoma: Street Closures Projected to Start August 25 for Residential Street Restoration Program Maintenance Work
- Spokane: City Council Approves Mayor's Orders for Declaration of Emergency
- City of Spokane Receives $1 Million in Wildfire Housing Assistance
SPOKANE, Wash.--(BUSINESS WIRE)--PotlatchDeltic Corporation (Nasdaq: PCH) today announced it has established a 2030 greenhouse gas (GHG) emissions reduction target for Scope 1 and Scope 2 emissions of 42 percent and a Scope 3 value chain GHG emissions reduction target of 25 percent from a 2021 baseline. The targets are in accordance with the non-FLAG Science Based Targets Initiative (SBTi) to keep global temperature increases to less than 1.5°C compared to pre-industrial levels and a commitment letter will be submitted to SBTi for validation in 2023. Key components of the initiative include increased utilization of wood residuals, electrification of mobile equipment, energy efficiency efforts, the purchase of green power from electricity suppliers, and working with our value chain. The Company also committed to a goal to achieve net-zero GHG emissions by 2050, including the development of non-FLAG SBTi 2050 GHG reduction targets.
"Climate change is one of the greatest challenges and opportunities of our time and the reduction targets are an important milestone of our ESG strategy," said Anna Torma, vice president public affairs and chief ESG officer. "Our carbon and climate teams continue to pursue GHG reduction opportunities, and we remain focused on the natural climate solutions that our timberlands and wood products can provide," stated Ms. Torma.
More on Washingtoner
About PotlatchDeltic
PotlatchDeltic (Nasdaq: PCH) is a leading Real Estate Investment Trust (REIT) that owns nearly 2.2 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi, and South Carolina. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program. PotlatchDeltic, a leader in sustainable forest management, is committed to environmental and social responsibility and to responsible governance. More information can be found at www.potlatchdeltic.com.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 as amended, including without limitation, our expectations regarding our ability to achieve GHG emissions reduction opportunities already identified and to identify others, to meet our GHG emissions reduction and net-zero goals by the target dates, to establish non-FLAG SBTi 2050 targets, to receive validation of the GHG emissions reduction targets from SBTi, and similar matters. Words such as "committed," "development," "will," "goal," "target," "initiative," "can," and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are based on our current expectations and assumptions, the accuracy of which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, the continued development of measurement standards, accounting protocols, and mitigation techniques; changes in our priorities as well as changes in the priorities of our customers and suppliers; the amount of our future investments; the accuracy of our estimates and assumptions; acquisitions and divestitures; the future effect of legislation, rulemaking and changes in policy or best management practices; scientific discoveries and technological innovations; the willingness of suppliers to adopt and comply with our programs; and the other factors described in PotlatchDeltic's Annual Report on Form 10-K and in the company's other filings with the SEC. PotlatchDeltic assumes no obligation to update the information in this communication, except as otherwise required by law. Readers are cautioned not to place undue reliance on these forward-looking statements, all of which speak only as of the date hereof.
More on Washingtoner
Contacts
(Investors)
Jerry Richards
509.835.1521
(Media)
Anna Torma
509.835.1558
"Climate change is one of the greatest challenges and opportunities of our time and the reduction targets are an important milestone of our ESG strategy," said Anna Torma, vice president public affairs and chief ESG officer. "Our carbon and climate teams continue to pursue GHG reduction opportunities, and we remain focused on the natural climate solutions that our timberlands and wood products can provide," stated Ms. Torma.
More on Washingtoner
- Spokane City Council Members Introduce Tenant Protections
- Gigasoft 2026 JavaScript Chart Comparison: ProEssentials, Highcharts, SciChart, LightningChart, ECharts
- Experienced eXp Realty Agent Kerri Lawless Guides Buyers and Sellers Through Life's Next Chapters in St. Tammany Parish
- Supreme Garage Door Repair Redirects Marketing Dollars Into North Texas Communities
- Spokane: Flags Lowered in Honor of Dolly Parton
About PotlatchDeltic
PotlatchDeltic (Nasdaq: PCH) is a leading Real Estate Investment Trust (REIT) that owns nearly 2.2 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi, and South Carolina. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program. PotlatchDeltic, a leader in sustainable forest management, is committed to environmental and social responsibility and to responsible governance. More information can be found at www.potlatchdeltic.com.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 as amended, including without limitation, our expectations regarding our ability to achieve GHG emissions reduction opportunities already identified and to identify others, to meet our GHG emissions reduction and net-zero goals by the target dates, to establish non-FLAG SBTi 2050 targets, to receive validation of the GHG emissions reduction targets from SBTi, and similar matters. Words such as "committed," "development," "will," "goal," "target," "initiative," "can," and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are based on our current expectations and assumptions, the accuracy of which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, the continued development of measurement standards, accounting protocols, and mitigation techniques; changes in our priorities as well as changes in the priorities of our customers and suppliers; the amount of our future investments; the accuracy of our estimates and assumptions; acquisitions and divestitures; the future effect of legislation, rulemaking and changes in policy or best management practices; scientific discoveries and technological innovations; the willingness of suppliers to adopt and comply with our programs; and the other factors described in PotlatchDeltic's Annual Report on Form 10-K and in the company's other filings with the SEC. PotlatchDeltic assumes no obligation to update the information in this communication, except as otherwise required by law. Readers are cautioned not to place undue reliance on these forward-looking statements, all of which speak only as of the date hereof.
More on Washingtoner
- RAS AP Consulting Spotlights Managed AP Governance™ at Esker All Access
- Kent Youth And Family Services Names Omar Malik As New Executive Director
- Spokane: SPD Seek Assistance in Locating Missing Vulnerable Adult Female
- ANSI BSR Upholds Appeal of AFDE Member Andrew Sulner, MSFS, JD, finding the AAFS Academy Standards Board (ASB) Violated ANSI Essential Requirements
- Haven Treatment Center Surprises Team Member with New Bicycle After Transportation Challenge
Contacts
(Investors)
Jerry Richards
509.835.1521
(Media)
Anna Torma
509.835.1558
0 Comments
Latest on Washingtoner
- Popular AI planner Voiset launches version 2.0 and enters MENA at LEAP 2026 with full Arabic support
- Diginyze eCommerce ERP Module Creates Single Source of Truth for Enterprise Operations
- CasaPerks and CredHub Partner to Help the Multifamily Industry Strengthen Resident Activation Through Credit-Building Rewards
- NaturismRE expands international research programme with Health & Wellbeing Survey
- Tacoma: Applications Now Being Accepted for a Position on the Planning Commission
- L2 Aviation and Gotonomi Extend UAV Connectivity Beyond Cellular Reach
- Tacoma: Hylebos Bridge Closed Today for Maintenance Work
- Democratic Candidate Daria Ilgen Announces Taxpayer Accountability Standard for New Taxes
- Re:InvestorHub Launches the First AI-Powered Operating System Built for Real Estate Investors
- Nadi Plumbing Leads Charlotte in Private Fire Hydrant Services, Eyes Regional Expansion
- FindCostSeg Launches Nationwide Directory for Cost Segregation Providers
- Master Of Science, Juggernaut Of The Screen: Landon Brittain Emerges As Hollywood's Most Unlikely Leading Man
- Black Dog Venture Partners and VC Fast Pitch to Host "San Francisco Investors and Innovators" Networking Event
- ExtraCarry Adds Pocket-Carry Holder for POM Pepper Spray
- City of Spokane Receives $1 Million in Wildfire Housing Assistance
- New Book, The KI of Marketing, Helps Small Businesses Grow Without Trying to Outspend Bigger Competitors
- ExtraCarry Adds .327 Federal Magnum to Speed Strip Pocket Holder Lineup
- Tacoma: Street Closures Projected to Start August 25 for Residential Street Restoration Program Maintenance Work
- Food Journal Magazine Focuses Its Los Angeles Dining Coverage Across Three Editorial Verticals
- Gravity Payments and Suno Software Partner to Simplify Payments for Independent Hearing Clinics