Approach to Sustainability Reporting
Since 2008, Resolute has tracked and reported on a range of environmental, economic and social performance indicators. Our sustainability reporting is available online for public review, including four reports in the Publications section of our website that were prepared in accordance with the Global Reporting Initiative (GRI) guidelines for sustainability reporting in 2010, 2011, 2012 and 2016. Like many of our peers, we have moved to a biannual GRI reporting cycle. Our 2018 and 2020 online reporting was prepared in accordance with the GRI Standards. The compliance of the 2020 reporting was verified in June 2021.
UN SDGs and SASB
In 2021, we enhanced the robustness of our sustainability reporting by integrating the United Nations’ (UN) Sustainable Development Goals (SDGs) into our GRI-based reporting framework. Achieving the SDGs by 2030 will require extensive collaboration amongst governments, non-governmental organizations, the private sector and civil society. We engaged a global consultancy specialized in corporate sustainability practices to help us link and integrate our vision, values, and shared priorities with the SDGs deemed relevant to Resolute by our internal and external stakeholders. We are committed to focusing on our shared priorities in order to achieve progress on the SDGs toward a sustainable future.
Our sustainability reporting also follows the Value Reporting Foundation's Sustainability Accounting Standards Board (SASB) Standards for forestry management and pulp & paper products.
The GRI Sustainability Reporting Framework
The disclosures published on this website and in the associated GRI content index have been prepared in accordance with the Standards defined by the Global Reporting Initiative. Our reporting corresponds to the GRI Standards: Core option, which includes the required general standard disclosures, as well as generic management disclosures and indicators related to each material topic (ie. our shared priorities).
Moving to web-based GRI-compliant sustainability reporting provides information that is easier to update and more accessible for all of our stakeholders. We produce and file a GRI content index every two years that covers all relevant environmental, social and economic data from the previous three years.
The Center for Sustainability and Excellence (CSE) was retained by Resolute to provide verification of the application of the GRI Standards to its sustainability reporting and to verify that the disclosures meet the minimum requirements of the in-accordance Core option of the Standards. The scope of work involved a review of Resolute’s sustainability reporting activities, including:
- Statements, information and performance data
- Data and information as per the requirements of the GRI Standards Sustainability Reporting Guidelines, as indicated in the GRI content index
With respect to the scope of work, CSE verified that Resolute’s sustainability reporting was prepared in accordance with the GRI Standards: Core option.
Boundary and Presentation of Data
Based primarily on material topics identified by our
stakeholders, Resolute developed a sustainability strategy to guide our sustainability
activities and initiatives as well as the identification of our public
commitments. We are committed to continuing our clear reporting process,
linking our indicators to the shared priorities identified by stakeholders, and
sharing disclosures that address the concerns and interests of various groups.
The GRI Standards provide a robust framework to support our
clear reporting process, binding the indicators we measure to the shared
priorities identified by stakeholders so that our outputs address the concerns
and interests of diverse audiences. The latest GRI Standards raise the bar,
encouraging Resolute to disclose increasingly detailed information on
management approaches and evaluation mechanisms for all material aspects. These
new disclosures build on a solid disclosure record over the past several years,
marked by accurate time-series data and authentic discussions of complex issues
facing the forest products industry and those specific to our company.
The GRI Standards require a description of each material topic’s
boundaries (ie. the boundaries of each shared priority). This description
should include an analysis of where the impact occurs (e.g. on the company, internal
or external stakeholder), as well as the company’s relationship with the
impacts (ie. whether the company has caused or contributed to the impacts, or
is directly linked to the impacts through its business relationships).
The following table identifies the stakeholder groups that
are related to the impacts of each shared priority.
|Shared Priorities (Material Topics)
||Boundary (Stakeholder Groups Where the Impact Occurs)
||Resolute Executives and Board Members, Employees, First Nations and Other Indigenous Groups, Investors, Non-Profit Organizations, Civil Society and Local Community
||Resolute Executives and Board Members, Customers, Employees, Investors
|Data Security & Privacy
||Resolute Executives and Board Members, Customers, Employees, Suppliers
|Diversity, Inclusion, Non-discrimination
||Resolute, Executives and Board Members, Employees, Suppliers, First Nations and other Indigenous Groups, Civil Society and Local Community
||Resolute Executives and Board Members, Employees, Suppliers, Investors, Non-Profit Organizations, Government, Civil Society and Local Community
|Employee Health, Safety and Wellness
||Resolute Executives and Board Members, Employees, First Nations and Other Indigenous Groups, Non-Profit Organizations, Civil Society and Local Community
||Resolute Executives and Board Members, Employees, First Nations and Other Indigenous Groups, Non-Profit Organizations, Government
|Ethics, Integrity and Anti-Corruption
||Resolute Executives and Board Members, Employees, Customers, Investors, Government, Civil Society and Local Community
||Resolute Executives and Board Members, Employees, Customers, Suppliers, First Nations and other Indigenous Groups, Investors, Civil Society and Local Community
||Resolute Executives and Board Members, Employees, Customers, Suppliers, First Nations and other Indigenous Groups, Investors, Non-Profit Organizations, Government, Civil Society and Local Community
||Resolute Executives and Board Members, Employees, Customers, First Nations and Other Indigenous Groups, Non-Profit Organizations, Civil Society and Local Community
|Responsible Procurement: Labor and Social Criteria
||Resolute Executives and Board Members, Customers, Suppliers, First Nations and other Indigenous Groups, Civil Society and Local Community
||Resolute Executives and Board Members, Employees, Customers, Suppliers, First Nations and other Indigenous Groups, Investors, Government, Civil Society and Local Community
||Resolute Executives and Board Members, Employees, Civil Society and Local Community
|Transparency and Communication
||Resolute Executives and Board Members, Customers, Suppliers, First Nations and Other Indigenous Groups, Investors, Non-Profit Organizations, Government, Civil Society and Local Community
Performance data is collected for the calendar year and
covers all operations where Resolute has a controlling interest. Unconsolidated
entities in which we have non-controlling interests are excluded (as detailed
in our 2020 Form 10-K, pages 4-6).
Any exceptions to this rule are clearly identified. Where appropriate, we
report using similar indicators from year to year in order to facilitate comparison,
as well as data expressed in relation to metric tons of production for a given
year to illustrate variation in intensity. All dollar values are expressed in
U.S. currency, unless otherwise indicated. The most recently reported sustainability performance data is for the 2020 calendar year.
Our sustainability committee plays an important role in seeing
that our shared priorities continue to underpin Resolute’s sustainability
strategy. The committee, which meets regularly to report on performance, is
tasked with assessing, discussing and integrating each of the shared priorities
identified by internal and external stakeholders. The priorities evolve and
change as public opinion and stakeholder concerns shift, and as our company
achieves significant milestones and identifies other important targets.
Assurance and Data Measurement Techniques
We gather company-wide and mill-by-mill statistical data
(energy, water, waste, greenhouse gas (GHG) and air emission levels, safety
performance, etc.) via datasheets. This data is compiled by our facilities’
environmental managers before being centralized and analyzed by relevant
corporate departments. Data parameters and calculation methods are established
according to a combination of international, government, industry, and company
standards and protocols.
Other information on company practices, management
approaches and evaluation mechanisms has been obtained through interviews with
subject matter experts within the company who provide supporting documentation,
such as official policies, internal memos and access to their data management
The data and detailed qualitative information disclosed
through this website as part of Resolute’s sustainability reporting, in
accordance with the GRI Standards, have been collected using rigorous
procedures across several levels of the organization, from operations to the board
of directors. The subject matter experts who provide this data are all able to
explain the processes by which they collect, aggregate and analyze information
for each indicator to support accurate, reliable reporting.
There is an extensive system of checks and balances within
and between departments to verify accuracy in performance data and qualitative
descriptions. Content is reviewed by senior managers and continuously checked
against past publications and internal reports. Our data collection process
requires explanation of any deviations from previous performance and detailed
descriptions of the methods, techniques and constants used to provide accurate
calculations and interpretations.
Another important step in the reporting process is
presenting high-level information on shared priorities, public commitments and annual
performance to the sustainability committee. This forum receives and assesses explanations
from subject matter experts on their reasoning, reporting and next steps, and
also provides an opportunity for feedback from a group of individuals with
diverse professional backgrounds and positions within the company. The
questions that emerge from these discussions, the potential collaborations that
are proposed, and the synergies identified have led to productive partnerships
and planning exercises between departments that help us achieve our ambitious
commitments and reporting accuracy.
In addition, external verification of our data is peformed
for some performance indicators. In 2020, we retained the firm GHD to perform
an external audit of our scope 1 and 2 GHG emissions inventory for 2019.
As specified by the GRI
Standards, which determine reporting content and quality, this website
contains information on general policies and performance as well as detailed
data on aspects and issues identified by stakeholders as shared
priorities. The website layout is designed to provide access to that
information for the broadest possible audience through clearly explained
content, well-organized sections and links to additional information, as
index enables all users to access precisely the information that
corresponds to their interest to serve our diverse, international stakeholder