StockNews.AI
MERC
StockNews.AI
84 days

Mercer International Inc. Releases 2024 Sustainability Report

1. Mercer released its 2024 sustainability report, outlining key progress. 2. Company achieved 83% renewable energy usage, targeting 90% by 2030. 3. Improvements included a 24% landfill waste reduction from 2019. 4. Sustainalytics ESG risk rating improved from 21.4 to 17.6, low risk. 5. Total Recordable Incident Rate improved by 25%, enhancing employee safety.

6m saved
Insight
Article

FAQ

Why Bullish?

Mercer's continued commitment to sustainability enhances investor confidence and positioning. Historical increases in ESG performance correlate with stock price appreciation in similar companies.

How important is it?

The article highlights significant achievements in sustainability, essential for stakeholder trust and long-term business growth.

Why Long Term?

Sustainability efforts may lead to increased customer loyalty and investor interest over time, consistent with trends seen in other firms prioritizing ESG metrics.

Related Companies

May 27, 2025 18:29 ET  | Source: Mercer International Inc. NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) -- Mercer International Inc. (“Mercer” or the “Company”) (Nasdaq: MERC), a global forest products company, today released its 2024 Sustainability Report, Fit for Future: Transition and Transformation. The report outlines, among other things, the Company’s progress towards its 2030 sustainability goals. Juan Carlos Bueno, President and CEO, stated: “In 2024, we applied the same operational discipline to our sustainability efforts that we bring to all areas of our business. We focused on where Mercer can make the most meaningful contribution—reducing emissions at the source, improving resource efficiency, and advancing renewable bioproducts. These steps reflect our learning and commitment to a long-term, practical impact that we believe will add value to our overall business.” Bill Adams, Chief Sustainability Officer, added: “We recognize that credibility in sustainability comes from transparency and benchmarking. In 2024, we prioritized ESG governance by securing third-party assurance of our emissions data and aligning with evolving disclosure standards. These efforts helped improve our Sustainalytics ESG risk rating and position Mercer as a reliable partner for investors, customers, and communities who increasingly expect clear and consistent sustainability performance.” 2024 Highlights Selected highlights of accomplishments include: Climate & Emissions 83% of fuel-based energy came from renewable sources, advancing toward the Company’s 90% target by 2030.Completed Mercer’s third climate scenario analysis, enhancing climate risk assessment and disclosure. Waste & Resource Efficiency Landfill waste totaled 16.6 kg/ADMT—a 24% improvement over the 2019 baseline—advancing toward the 30% reduction target by 2030.Water consumption at pulp mills declined 8% year-over-year due to operational efficiencies. Employee Safety The Total Recordable Incident Rate (TRIR) improved 25%, from 3.68 to 2.76. ESG Governance & Reporting Released Mercer’s first Taskforce on Nature-related Financial Disclosures (TNFD) aligned report on nature-related risks and dependencies.Completed a double materiality assessment designed to align with the Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS) requirements. Recognition Received the 2024 SFI President’s Award for leadership in mass timber and supply chain certification.Improved Sustainalytics ESG Risk Rating to 17.6 (low risk), down from 21.4 in 2023. Looking Ahead Mercer’s 2024 Sustainability Report reflects the Company’s continued commitment to measurable, science-based progress. As Mercer advances toward its 2030 goals, it remains focused on integrating sustainability into core business decisions, building trust through transparency, and delivering long-term value for stakeholders. The full report is available at www.mercerint.com/sustainability. About Us Mercer International Inc. is a global forest products company with operations in Germany, the USA, and Canada. Its consolidated annual production capacity is 2.1 million tonnes of pulp, 960 million board feet of lumber, 210 thousand cubic meters of CLT, 45 thousand cubic meters of glulam, 17 million pallets, and 230,000 metric tonnes of biofuels. For more information about the company and to read the full report, please visit its website at www.mercerint.com.  The preceding includes forward-looking statements which involve known and unknown risks and uncertainties which may cause our actual results in future periods to differ materially from forecasted results. Words such as "expects", "anticipates", "are optimistic that", "projects", "intends", "designed", "will", "believes", "estimates", "may", "could" and variations of such words and similar expressions are intended to identify such forward-looking statements. Among those factors which could cause actual results to differ materially are the following: the highly cyclical nature of our business, raw material costs, our level of indebtedness, competition, foreign exchange and interest rate fluctuations, our use of derivatives, expenditures for capital projects, environmental regulation and compliance, disruptions to our production, market conditions and other risk factors listed from time to time in our SEC reports.   APPROVED BY:  William D. McCartney Chairman +1 (604) 684-1099  Juan Carlos Bueno Chief Executive Officer  +1 (604) 684-1099

Related News