Renewable Resources & Alternative Energy
This sector relates to the following sub-sectors: Biofuels, Fuel Cells & Industrial Batteries, Solar Technology & Project Developers, Wind Technology & Project Developers, Forestry & Paper.
Forestry & Paper
Each section below relates to the TPT Disclosure Framework principles of Action and Accountability. The below provides further guidance for sub-elements 4.1 and 4.3. The TPT welcomes comments on this guidance to ensure it is as useful as possible for preparers and users. The text is open for comment until Friday, 24 November. Please select the feedback form at the bottom of the page. The final text will be updated in February.
This sub-sector includes companies involved in Forestry Management and Pulp & Paper industries. The Forestry Management industry consists of companies that own and/or manage natural and planted forestry lands and timber tracts, or operate non-retail tree nurseries and rubber plantations. The industry conducts its operations on lands that can be company-owned or leased from public or private landowners. Companies typically sell timber to wood product manufacturers, pulp and paper producers, energy producers, and a variety of other customers.
Pulp & Paper Products industry entities manufacture a range of wood pulp and paper products, including pulp fibre, paper packaging and sanitary paper, office paper, newsprint, and paper for industrial applications. Entities in the industry typically function as business-to-business entities and may have operations in multiple countries. Although some integrated entities own or manage timber tracts and are engaged in forest management, sustainability issues arising from these activities are addressed in the Forestry Management (RR-FM) industry.
1. End Deforestation and Land Degradation1, 4, 8
- monitor and control illegal logging (e.g. via satellites and AI technologies);
- implement sustainable logging practices and promote afforestation and reforestation projects; and
- collaborate with local communities and suppliers to ensure sustainable forest management.
2. Electrify and switch to low-GHG emissions fuels6, 9
- utilise on-site renewable energy (e.g. solar-powered equipment); and
- invest in fuel-efficient construction equipment and machinery.
3. Improved operational efficiency6, 10
- introduce co-generation techniques and use of recovered fibres.
4. Implement and promote circular strategies10
- develop markets for secondary products;
- increase the use of recovered fibres in papermaking; and
- prioritise the recycling and reuse of forest and paper products.
5. Increase carbon removals3, 5, 8
- develop wood-based products that store carbon for extended periods;
- invest in Carbon Capture, Utilisation, and Storage (CCUS) technologies; and
- collaborate with other sectors to utilise captured carbon effectively.
- (1) total energy consumed (GJ), (2) percentage grid electricity, (3) percentage from biomass, (4) percentage from other renewable energy and (5) total self-generated energy;7
- (1) total water withdrawn (M3), (2) total water consumed and percentage of each in regions with High or Extremely High Baseline Water Stress; 7
- percentage of wood fibre sourced from (1) third-party certified forestlands and percentage to each standard and (2) meeting other fibre sourcing standards and percentage to each standard; 7
- amount of recycled and recovered fibre procured; 7
- proportion of total forest land managed with credible sustainability certification (FSC and PEFC), 1,4 disaggregated by type (e.g FSC recycled, FSC Chain of Custody); 4
- area of forestland with protected conservation status (hectares); 2
- area of forestland with protected conservation status (hectares); 2
- share of recovered fibres in total fibres; 2
- share of consumed heat and steam produced with low-GHG emissions technology; 2
- proportion of total energy generation from renewable sources; 2, 6
- locked-in direct emissions from reporting year to 2050; 2 and
- share of fibres from forests with credible sustainability certification (FSC and PFEC) in total fibres.2, 5
For Forestry Management industry:
- emissions intensity in tCO2e/m3 solid under bark; 8
- biogenic emissions and removals (reported separately) in line with GHG Protocol; 5, 8
- target to reduce emissions from land use change; 4 and
- target to increase CO2 removals. 7
For Pulp & Paper Products industry:
- emissions intensity in tCO2e/t of air-dry pulp and/or tCO2e/t of paper and board; 2 and
- target to reduce emissions from land use change in own operations and in supply chain. 4
Forestry & Paper literature
- CDP, Forests 2022 Reporting Guidance, 2022
- CDP & ADEME, Assessing low-Carbon Transition: Pulp & Paper, 2021
- Confederation of European Paper Industries, The Forest Fibre Industry. 2050 Roadmap to a low-carbon bio-economy, 2011
- Global Canopy,Forest 500 Assessment Methodology, 2022
- Greenhouse Gas Protocol,Land Sector and Removals Guidance, 2022
- International Energy Agency, Pulp and Paper Tracking Report, 2022
- IFRS, [Draft] Industry-based Guidance on Implementing IFRS S2, 2022
- SBTI,Forest, Land and Agriculture Science Based Target Setting Guidance, 2022
- UK Government, Pulp and Paper Sector: Industrial Decarbonisation and Energy Efficiency Roadmap Action Plan, 2017
- WBCSD, Forest Sector Net Zero Roadmap, 2021
Your feedback
The TPT welcomes comments on the Sector Summary to ensure it is as useful as possible for preparers and users. The Sector Summary was open for comment until Friday 24 November and, following consideration of the feedback received, will be updated in February. Thank you to the industry experts who provided comments.
