Global paper and packaging company International Paper has released its 2011 Sustainability Report that features the company's new suite of 12 voluntary sustainability goals, which it expects to achieve by 2020.
The company plans for 15% improvement of energy efficiency in purchased energy use, 20% absolute reduction in global GHG emissions associated with the production of products and 15% global increase in third party certified fiber volume.
Besides, IP's other goals pertain to addressing issues such as fiber certification, philanthropy, safety and water use.
IP chairman and CEO John Faraci said sustainability is more than a business practice at the company.
"At every point of the International Paper supply chain - from the design of our paper and packaging, to the people and manufacturing processes, to end-use recycling and other beneficial uses, International Paper strives for a sustainable product life cycle," added Faraci.
IP has manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa.
