PotlatchDeltic Releases 2023 Corporate Responsibility Report

PotlatchDeltic Corporation released its 2023 Corporate Responsibility Report. The Report highlights PotlatchDeltic’s 2023 corporate responsibility accomplishments, linking them with the United Nations Sustainable Development Goals.

“We are proud of the continued momentum we are seeing surrounding our corporate responsibility goals and initiatives,” said Eric Cremers, president and chief executive officer. “Our 2023 Corporate Responsibility Report and the expanded corporate responsibility section of our website illustrate only some of the accomplishments we have made in our four pillars – Forests, Planet, People, and Performance. In addition, we continue to work to meet our greenhouse gas reduction commitments, respond to new challenges surrounding supply chain transparency, and expand our biodiversity disclosures. At the same time, we are pursuing opportunities that utilize working forests as part of the solution to climate change,” stated Mr. Cremers.

PotlatchDeltic’s 2023 corporate responsibility accomplishments include:

• Planted nearly 30 million seedlings, protected 8,311 miles of rivers and streams, and third-party certified 100% of our forestry practices and wood products procurement.
• Achieved net carbon removals from our forests of 6.4 million metric tons of CO₂e including an inventory adjustment that added 5.2 million metric tons of CO₂e.
• Participated in rural land sales with a conservation outcome.
• Reduced energy usage across our wood products facilities by an average of 2.5% from 2022 levels.
• Achieved outstanding safety performance with low incident and severity rates.
• Launched an employee resource group for Veterans.
• Linked 2023 short-term incentive compensation to achievement of key corporate responsibility objectives to provide a more holistic assessment of performance against the Company’s corporate responsibility and operational goals.
• Completed a physical climate scenario analysis on our Southeast timberlands and our Lake States procurement region.
• Continued to work on climate-related policy initiatives surrounding forests and wood products.
• Worked with developers on solar projects, commenced work on a carbon offset project, and evaluated other opportunities for natural climate solutions.

PotlatchDeltic’s corporate responsibility reporting is informed by or referencing frameworks such as the Sustainability Accounting Standards Board (SASB), Task Force on Climate-related Financial Disclosures (TCFD), United Nations Sustainable Development Goals (UN SDGs), and Global Reporting Initiative (GRI). The Report can be found in the investor relations and the corporate responsibility sections of the Company’s website at www.potlatchdeltic.com and is supported by additional information and data on our website or in our other published reports.

About PotlatchDeltic

PotlatchDeltic Corporation (Nasdaq: PCH) is a leading Real Estate Investment Trust (REIT) that owns nearly 2.2 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi and South Carolina. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program. PotlatchDeltic, a leader in sustainable forest practices, is committed to environmental and social responsibility and to responsible governance. More information can be found at www.potlatchdeltic.com.

Contact:

Wayne Wasechek – Investor Relations – (509) 835-1521

Source: PotlatchDeltic Corporation