Logitech International (SIX: LOGN) (Nasdaq: LOGI) today shared progress on its sustainability goals from its Fiscal Year 2025 impact highlights report.
In this method, energy consumption from purchased electricity is calculated in terms of fuel inputs to account for different fuel efficiencies during power generation and efficiency losses in power transmission. The equivalent energy value is represented in terms of sources as per power supplier-provided data. Our Westbrook Mill does not buy power, and the mill energy profile reflects sales of Renewable Energy Certificates (RECs). The 2013 conversion of the Cloquet pulp mill to dissolving pulp, a higher-purity pulp requiring more energy to produce, increased the energy intensity of that site. At the same time, Cloquet achieved higher use of renewable fuels, reducing natural gas, purchased electricity and fuel oil.
Intensity is a term that describes the usage of resources for, or output from, the manufacture of a set unit of product. We exceeded an aggressive five-year goal of a 40 percent reduction in greenhouse gas (GHG) intensity in just three years and are now working to reduce energy intensity.
These third-party certification programs provide assurance that wood-based products have been procured from well-managed forests and are legally harvested. In 2014, we purchased more kraft fiber than historic levels to support the papermaking operations in Cloquet after the 2013 conversion of that pulp mill to dissolving wood pulp. All of our purchased pulp was certified by one or more standards, which is reflected in the higher percentage of “triple certified” fiber and in part responsible for us reaching our five-year goal one year ahead of schedule.
In 2014, we invested significant resources in customer communications in order to increase brand awareness and drive sustainable performance for our business.
Through our innovative safety culture, health and wellness programs and ongoing training, we are able to attract and retain highly skilled people and help them realize their fullest potential in the organization.
At Sappi we are also committed to sustainable or “smart” consumption of paper, eliminating wasteful use. Only by using paper wisely and purposefully can we be assured of meeting growing demand for generations to come.
In fact, the Sustainability Accounting Standards Board (SASB) identified climate change as the most common issue of materiality across all industries. Their research found that climate change is material in 50 of the 57 industries for which they have issued standards to date. The wood products industry is no exception.
For the wood products industry, it is paramount that our natural resources are used sustainably. Wood supplies the bulk of renewable energy that drives our mills, and cellulose fibers comprise the primary ingredient in our paper and pulp products, making healthy and abundant forests critical to the long-term viability of each of our core businesses.
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