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COMMITTED TO IMPROVEMENT

We understand it’s not enough to say we are sustainable; we must be able to prove it by setting the right goals and transparently reporting on our progress toward meeting these goals.

Our company has undergone a tremendous amount of change since we first adopted a comprehensive sustainability strategy in 2010. In 2014, we aligned our goals with a new company vision and focus. Now, with a merger that doubled our timberlands base and a divestiture of our former cellulose fibers business, our company looks quite different than it did seven years ago.

Today, we are focused on three sustainability goals: our economic performance, creating a great place to work for our employees, and being good stewards of our environmental resources. Over the next year, we expect to revisit these goals and further align and adjust as necessary.

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2020 GOALSWHAT WE MEASURE2016 RESULTS PROGRESS
Produce Great Financial Results   
Outperform competitors for each business

EBITDA margin and EBITDA per acre

Reported at REITWeek: NAREIT's Investor Forum

On track

Create a Great Place to Work   
Be injury-free

Number of severe incidents
Number of hazards found and fixed

6
301

Below
On track
Develop a strong bench of leaders Improve ratio of ready-now candidates for critical positions Reported on internal scorecards On track
Be Great Environmental Stewards   
Certify timberlands to third-party sustainable forestry standards

100 percent of timberlands portfolio certified to Sustainable Forestry Initiative's Forest Management Standard

Entire global portfolio certified

Achieves

Recognize the additional benefits of our forests, beyond the trees Measure, and share publicly, a set of ecosystem services provided by our timberlands Data published on website Achieves
Do our part to help address climate change

Support and publicize the use of wood products as a carbon storage and lower embodied emissions solution

New goal

N/A

Reduce absolute (total) greenhouse gas emissions by 40 percent from 2000 baseline

40 percent reduction

Achieves

Improve our energy efficiency Improve energy efficiency (MMBTU per unit of production) by 25 percent from 2009 baseline

15 percent improvement

On track

Reduce waste sent to landfills Establish a reliable 5-year trend of tons per unit of production to set a value-added goal Baseline set in 2015 and one year of data collected On track

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