PotlatchDeltic Sets GHG Emissions Targets
PotlatchDeltic Corp. has established a 2030 greenhouse gas (GHG) emissions reduction target for Scope 1 and Scope 2 emissions of 42% and a Scope 3 value chain GHG emissions reduction target of 25% 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 the company’s 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.
PotlatchDeltic owns nearly 2.2 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi and South Carolina. 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.
Officials with local activist group Concerned Citizens of Cook County (4C) and Spectrum Energy Georgia LLC recently announced an agreement resolving a dispute over Spectrum’s plan to construct and operate a wood fuel pellet manufacturing facility in Adel, Ga. Spectrum is seeking to to re-purpose…
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