StockNews.AI
PCH
StockNews.AI
96 days

PotlatchDeltic Releases 2024 Corporate Responsibility Report

1. PCH released its 2024 Corporate Responsibility Report emphasizing sustainability. 2. The company planted nearly 29 million seedlings and protected rivers. 3. PCH achieved significant safety records and contributed $600,000 to communities. 4. 100% of fiber consumption certified for responsible sourcing, highlighting sustainability focus. 5. Continued efforts on climate-related policies and initiatives for future growth.

7m saved
Insight
Article

FAQ

Why Bullish?

PCH’s commitment to sustainability and community engagement enhances reputation and investor appeal, aligning with growing market interest in ESG. Previous reports have led to increased investor confidence, supporting share price gains over time.

How important is it?

The report highlights PCH's strong sustainability practices, crucial for attracting ESG-focused investors. This could result in increased funding opportunities and improved financial performance over time.

Why Long Term?

The ongoing commitment to corporate responsibility may lead to sustained long-term investor interest and potential financial performance improvement, similar to how companies focused on ESG trends have outperformed their peers.

Related Companies

WYLPXADM
- SPOKANE, Wash.--(BUSINESS WIRE)--PotlatchDeltic Corporation (Nasdaq: PCH) today released its 2024 Corporate Responsibility Report. The Report highlights PotlatchDeltic’s 2024 corporate responsibility impacts and accomplishments. “Corporate responsibility is integral to our strategy and embedded within PotlatchDeltic’s business,” said Eric Cremers, president and chief executive officer. “Our 2024 Corporate Responsibility Report illustrates just some of the accomplishments we have made in our four pillars - Forests, Planet, People, and Performance. I’m proud of our impact, and I look forward to what we will accomplish in 2025 as we responsibly manage our forests, strive for excellence within our business, work together with our people, and make a difference in our communities,” stated Mr. Cremers. PotlatchDeltic’s 2024 corporate responsibility accomplishments include: Forests: Planted nearly 29 million seedlings and protected 7,880 miles of rivers and streams. Utilized best management practices and certified 100% of our forest management. Completed two rural real estate sales with a conservation nexus. Planet: Reduced energy consumption in wood products by 1% on a unit basis. Stored approximately 3.3 million metric tons CO2e in the products manufactured from the logs and wood residuals we sold externally and in the products we manufactured. Worked with developers on solar projects and evaluated other opportunities for natural climate solutions. People: Achieved outstanding safety performance with low incident and severity rates. Undertook safety initiatives including the development of an emergency response team and the automation of a plywood press feeder. Supported the communities where we live, work, and play through nearly $600,000 in charitable contributions. Performance: Integrated consideration of human rights risks in our supply chain into our enterprise risk management. 100% of fiber consumption at our wood products facilities certified for responsible sourcing. Continued to work on climate-related policy initiatives surrounding forests and wood products. PotlatchDeltic’s corporate responsibility reporting is informed by or referencing frameworks such as the Sustainability Accounting Standards Board (SASB), Task Force on Climate-related Financial Disclosures (TCFD), and Global Reporting Initiative (GRI). The Report can be found in the investor relations and the corporate responsibility sections of the Company’s website at www.potlatchdeltic.com and is supported by additional information and data on our website or in our other published reports. About PotlatchDeltic PotlatchDeltic (Nasdaq: PCH) is a leading Real Estate Investment Trust (REIT) with ownership of 2.1 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi, and South Carolina. Through its taxable REIT subsidiary, 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. PotlatchDeltic, a leader in sustainable forest management, is committed to corporate responsibility. More information can be found at www.potlatchdeltic.com. Cautionary Statement Regarding Forward-Looking Information This press release contains certain forward-looking statements within the meaning of the federal securities laws. Words such as “initiative,” “look forward,” “opportunities,” “strive,” “will,” and similar expressions are intended to identify such forward-looking statements. Statements and assumptions with respect to initiatives and opportunities and anticipated actions related thereto are also examples of forward-looking statements and are not guarantees of future conduct or policy. The actual conduct of our activities, including the development, implementation or continuation of any program, project, policy or initiative may differ materially in the future. Actual results could differ materially from our historical results or those expressed or implied by forward-looking statements contained in this press release due to factors such as: changes in our priorities as well as changes in the priorities of our customers and suppliers; the accuracy of our estimates and assumptions; acquisitions and divestitures; the future effect of legislation, rulemaking, changes in governmental interpretation of existing law, and changes in policy or best management practices; natural or human causes beyond the Company’s control; our ability to meet our corporate responsibility goals and commitments and succeed with our initiatives and projects, including our solar real estate option contracts and natural climate solutions projects; the availability of funding for our initiatives and projects; and global economic, business, political, and climate conditions. These are only some of the factors that may affect the forward-looking statements contained in this press release. For further information regarding risks and uncertainties associated with our business, please refer to our U.S. Securities and Exchange Commission (SEC) filings, including our Annual Report on Form 10-K for the year ended December 31, 2024, our 2025 Proxy Statement, and our 2025 Quarterly Reports on Form 10-Q, which can be obtained at the Company’s website, www.potlatchdeltic.com. The forward-looking statements in this press release are intended to be subject to the safe harbor protection provided by federal securities laws. Except as required under applicable law, we do not intend to issue updates concerning any future revisions of our views to reflect events or circumstances occurring after the date of this press release. More News From PotlatchDeltic Corporation

Related News