Chart Newsroom

Print News Release

Weyerhaeuser Publishes 2003 Sustainability Report

PRNewswire
FEDERAL WAY, Wash.
Jun 2, 2004

What does the planting of 132 million trees, preserving endangered caribou and recovering six million tons of paper have in common?

  (Photo:  http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-a
           http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-b )

They are all examples of Weyerhaeuser Company's (NYSE: WY) commitment to the environment and society highlighted in the "2003 Roadmap for Sustainability," currently available at http://www.weyerhaeuser.com/ . A print version will be available in late June.

In the report, readers learn about Weyerhaeuser's stand on old-growth forests, boreal forests, tropical forests, reducing pollution, and recycling. Hundreds of facts detail the company's performance -- from how many trees the company planted in 2003 to the amount of energy co-generated to the number of employees trained in business ethics. The report also includes facts such as number and amount of environmental fines, safety performance, and progress toward a diverse workforce. (See attached sidebar: A Sampling of Facts About Weyerhaeuser in 2003)

"Weyerhaeuser commits to operate in a way that is consistent with society's values and that is environmentally, economically and ethically sustainable," Steven R. Rogel, chairman, president and chief executive officer, writes in the report. "We carry out that commitment through values and systems that help make doing the right thing also the natural thing."

  Among the annual accomplishments highlighted in the report:
  -- Weyerhaeuser planted 132 million seedlings last year throughout the
     world.
  -- To help preserve endangered caribou in the boreal forest, Weyerhaeuser
     agreed with the province of Alberta to impose a five-year delay on
     harvesting more than 200,000 acres to allow time to implement a caribou
     recovery plan.
  -- Weyerhaeuser's pulp, paper and wood products mills in North America
     have reduced waste going to landfills by 24 percent, energy consumption
     by 22 percent, and water usage by 24 percent since 1999 as measured on
     a per ton of production basis.

Although the company has published an annual environmental report since 1993 and a citizenship report since 2001, last year it combined the two reports into a single "triple bottom line" review of environmental, social and economic performance. Like last year's report, the 2003 edition follows guidelines recommended by the Global Reporting Initiative (GRI).

GRI was launched in 1997 as a joint initiative of the U.S.-based Coalition for Environmentally Responsible Economies (CERES) and the United Nations Environment Programme. The GRI guidelines and a set of 97 performance indicators aim to broaden corporate disclosure and provide a yardstick to measure corporate social responsibility and sustainable development.

Weyerhaeuser Company, one of the world's largest integrated forest products companies, was incorporated in 1900. In 2003, sales were $19.9 billion. It has offices or operations in 18 countries, with customers worldwide. Weyerhaeuser is principally engaged in the growing and harvesting of timber; the manufacture, distribution and sale of forest products; and real estate construction, development and related activities. Additional information about Weyerhaeuser's businesses, products and practices is available at http://www.weyerhaeuser.com/ .

                                 SIDEBAR

              A Sampling of Facts About Weyerhaeuser in 2003

   Employees                                              55,200
   Managed forests                                        38 million acres
                                                           (15 million
                                                            hectares)
   Trees planted                                          132 million
   Harvest rate                                           1%
   Homes built and delivered                              4,626
   Countries of operation                                 18
   Percent of U.S. forests certified                      100%
   Percent of Canadian forests certified                  85%
   Funding for woodland caribou research                  $1 million over
                                                           five years
   Percent of chemicals reused for
    making pulp and paper                                 98%
   Concentration of dioxin in mill wastewater             Nondetectable
   Average amount of postconsumer recycled content
    in paper products produced by Weyerhaeuser mills      37%
   Percent of energy needs for pulp and paper
    mills met by using greenhouse-gas-neutral fuels       67%
   Tons of paper recycled                                 6 million
   Amount of environmental fines -- U.S.                  $95,000
   Amount of environmental fines -- Canada                $0
   Percent of employees who completed
    companywide ethics training                           95%
   Grants made by the Weyerhaeuser Company Foundation     $9.9 million

   Source:  2003 Roadmap for Sustainability
   Weyerhaeuser Company
   All data for 2003

CONTACT: media, Frank Mendizabal, +1-253-924-3357, or analysts, Kathryn McAuley, +1-253-924-2058, both of Weyerhaeuser.

Photo: http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-a
http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-b
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com

SOURCE: Weyerhaeuser Company

CONTACT: media, Frank Mendizabal, +1-253-924-3357, or analysts, Kathryn
McAuley, +1-253-924-2058, both of Weyerhaeuser

Web site: http://www.weyerhaeuser.com/

Top
Welcome to Weyerhaeuser's new website!

You appear to be using an older browser. This website is best viewed using the latest versions of Internet Explorer, Chrome, Safari, and Firefox. If you proceed without upgrading or switching browsers, you may not experience optimal navigation or page functionality. Thank you for your interest in Weyerhaeuser and we hope you enjoy your visit.

Update my browser now

×