Mercer International Inc. Releases 2024 Sustainability Report

Core Insights - Mercer International Inc. released its 2024 Sustainability Report, highlighting progress towards its 2030 sustainability goals, focusing on emissions reduction, resource efficiency, and renewable bioproducts [1][3] Group 1: Sustainability Achievements - In 2024, 83% of fuel-based energy used by the company came from renewable sources, moving towards a 90% target by 2030 [4] - The Total Recordable Incident Rate (TRIR) improved by 25%, decreasing from 3.68 to 2.76 [2] - Landfill waste was reduced to 16.6 kg/ADMT, a 24% improvement over the 2019 baseline, aiming for a 30% reduction by 2030 [4] - Water consumption at pulp mills decreased by 8% year-over-year due to operational efficiencies [4] Group 2: Governance and Reporting - The company secured third-party assurance of its emissions data and aligned with evolving disclosure standards, improving its Sustainalytics ESG Risk Rating from 21.4 in 2023 to 17.6 (low risk) [4] - Mercer completed its third climate scenario analysis to enhance climate risk assessment and disclosure [4] - A double materiality assessment was conducted to align with the Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS) requirements [4] Group 3: Recognition and Future Outlook - Mercer received the 2024 SFI President's Award for leadership in mass timber and supply chain certification [4] - The company remains committed to integrating sustainability into core business decisions and delivering long-term value for stakeholders [3]