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2023 Sustainability Report Demonstrates Canfor and Canfor Pulp's Continued ESG Performance

VANCOUVER, BC, Apr 22, 2024 (CNW Group via COMTEX) --

Today, Canfor Corporation (TSX: CFP) and Canfor Pulp Products Inc. (TSX: CFX) jointly released their 2023 Sustainability Report. The report highlights the companies' environmental, social and governance (ESG) activities and tracks performance against established goals.

"While 2023 was a challenging year for Canfor, we continue to advance our sustainability strategy, which is a cornerstone of how we do business," said Don Kayne, President & CEO of Canfor Corporation. "As we share the results of our sustainability report this year, I am incredibly proud of our people, who remain laser focused on safely delivering the quality products our customers expect while integrating sustainability into all that they do."

Highlights of the 2023 Sustainability Report include: 

Click here to learn more about the 2023 Sustainability Report.

Certain statements in this press release constitute "forward-looking statements" which involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. Words such as "expects", "anticipates", "projects", "intends", "plans", "will", "believes", "seeks", "estimates", "should", "may", "could", and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are based on management's current expectations and beliefs and actual events or results may differ materially. There are many factors that could cause such actual events or results expressed or implied by such forward-looking statements to differ materially from any future results expressed or implied by such statements. Forward-looking statements are based on current expectations and Canfor assumes no obligation to update such information to reflect later events or developments, except as required by law.

Canfor is a global leader in the manufacturing of high-value low-carbon forest products including dimension and specialty lumber, engineered wood products, pulp and paper, wood pellets and green energy. Proudly headquartered in Vancouver, British Columbia, Canfor produces renewable products from sustainably managed forests, at more than 50 facilities across its diversified operating platform in Canada, the United States and Europe. The Company has a 70% stake in Vida AB, Sweden's largest privately owned sawmill company and also owns a 54.8% interest in Canfor Pulp Products Inc. Canfor shares are traded on The Toronto Stock Exchange under the symbol CFP. For more information visit canfor.com.

SOURCE Canfor Corp

SOURCE: Canfor Corp

Media Contact:Rosemary Silva, Manager, Community Relations, (604) 661-5225,
communications@canfor.com; Investor Contact:Pat Elliott, CFO and SVP, Sustainability,
(604) 661-5441, Patrick.Elliott@canfor.com; Dan Barwin, Director, Corporate Finance,
(604) 661-5390, Daniel.Barwin@canfor.com
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COMTEX_451246441/2197/2024-04-22T17:30:00

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