Trending...
- Spokane: Flags Lowered for Peace Officers Memorial Day
- The Simplest Small Business You're Probably Not Thinking About
- All About Technology Celebrates 25 Years of Bridging Detroit's Digital Divide
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
- Tacoma: Implementation of Transportation Impact Fees to Begin on June 1
- City of Tacoma Highlights Performance Milestones, Efficiency of Alternative Response Programs
- Lick Introduces Pineapple Flavored Massage Oil — A Tropical Date Night Favorite Available on Amazon
- FutureLot Powers ADU Wizard for Massachusetts Clean Energy Center's Statewide ADU Resource Center
- ICT Innovations Releases ICTPBX Community Edition as Open Source Under Mozilla Public License 2.0
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
- Spokane: City Closures Planned for Memorial Day
- Spokane: Child Injured in Basement Fire Reminds About Youth Fire Setting
- Maryland Personal Injury Firm Earns National Recognition in 2026 ELA Awards
- Children's Author Releases Second Inspiring Career Book
- Robert J. Bradshaw's AYE is a Gripping Dual Reality Thriller Exploring the Increasingly Blurred Line Between Humanity and Technology
Contacts
(Investors)
Jerry Richards
509.835.1521
(Media)
Anna Torma
509.835.1558
0 Comments
Latest on Washingtoner
- CAPO Supply Announces Opening of Second Location in New Castle, Pennsylvania
- $224 Billion Growing Market in Life Settlements Presents Major Opportunity for New Policy Acquisition Business Plan: DLT Resolution Stock Symbol: DLTI
- Fyt-02 Launches on Kickstarter The Smart Sensor That Turns Any Chair Into a Posture & Movement Track
- YieldOMega Launches $DOUB Airdrop Campaign Ahead of TimeCurve Launch
- Kaltra Expands Microchannel Water Coil Line for U.S. HVAC Market With New Corrosion-Resistant Tube Technology
- Collectibles EvoRelic Celebrates Stellar 4.8-Star Customer Rating
- Phoenix Hip-hop Artist Rhymi Hits 23k Monthly Listeners 12 Days After Album Release
- Pediatrician Launches "Confessions of a Detective Doctor" Children's Book Series
- Integrated Maintenance Platforms Are Transforming Aircraft Operations
- T. Jones Group's Cameron Jones Serves as Judge for the 2026 CHBA National Awards for Housing Excellence
- Derek Advanced Tracking Systems Revolutionizes Asset Monitoring with Advanced Technology
- The AI Direction Deficit: TripleTen Study Finds Staff Get Told to Use AI — But Not Trained to Use It
- Spokane: Flags Lowered for Peace Officers Memorial Day
- $29.8 Million Record Setting Q1 with Boosted Annual Guidance to $160 Million for Expanding Pre-Owned Boat Dealer: Off The Hook YS, Inc. N Y S E: OTH
- All About Technology Celebrates 25 Years of Bridging Detroit's Digital Divide
- iatroX surpasses 500,000 clinical queries and expands specialist exam coverage
- Inside-Out Hollywood: The Relentless Rise of Joseph Nybyk (AKA Joseph Neibich)
- Lumetra Launches Engram, an MCP-Native Memory Layer Scoring 91.6% on LongMemEval
- Spokane Parks & Recreation's Therapeutic Recreation Receives Donation
- SRK Collective Media Group Launches with a Modern Approach to Media, Authority Building, and Cultural Visibility