Sylvamo Corporation is a leading company in the Paper & Pulp Mills sector in the United States of America. The company is committed to sustainability and has taken significant steps towards decarbonisation and the use of renewable energy sources.
Sylvamo Corporation was founded in 1985 and has since grown to become a major player in the industry. The company operates several mills across the country and produces a wide range of paper and pulp products. The company's products are used in a variety of industries, including packaging, printing, and publishing.
Sylvamo Corporation is committed to sustainability and has set ambitious targets for decarbonisation. The company has pledged to reduce its greenhouse gas emissions by 50% by 2030 and to achieve net-zero emissions by 2050. To achieve these targets, the company has implemented several initiatives, including the use of renewable energy sources and the adoption of energy-efficient technologies.
One of the key initiatives that Sylvamo Corporation has undertaken is the use of corporate power purchase agreements (PPAs) for renewable energy. The company has entered into several long-term agreements with renewable energy providers to purchase electricity generated from renewable sources. These PPAs have enabled the company to reduce its reliance on fossil fuels and to increase its use of renewable energy.
In addition to PPAs, Sylvamo Corporation has also invested in corporate energy projects. The company has installed solar panels at several of its mills, which has enabled it to generate its own electricity from renewable sources. The company has also invested in energy-efficient technologies, such as LED lighting and energy-efficient motors, which has helped to reduce its energy consumption and carbon footprint.
Sylvamo Corporation has also taken steps to reduce its carbon footprint in its supply chain. The company has implemented a sustainable sourcing policy, which requires its suppliers to meet certain environmental and social standards. The company also works closely with its suppliers to identify opportunities to reduce carbon emissions and improve sustainability.
Sylvamo Corporation is committed to transparency and regularly reports on its sustainability performance. The company publishes an annual sustainability report, which provides detailed information on its environmental, social, and governance (ESG) performance. The report includes information on the company's carbon footprint, energy consumption, and renewable energy use, as well as its social and community initiatives.
In conclusion, Sylvamo Corporation is a leading company in the Paper & Pulp Mills sector in the United States of America. The company is committed to sustainability and has taken significant steps towards decarbonisation and the use of renewable energy sources. The company's use of corporate PPAs and investment in renewable energy projects has enabled it to reduce its reliance on fossil fuels and increase its use of renewable energy. The company's sustainable sourcing policy and commitment to transparency demonstrate its commitment to sustainability and social responsibility.