Clearwater Paper Corp is a leading manufacturer of premium quality tissue, paperboard, and pulp products in the United States of America. The company operates in the Sanitary Paper Products sector and has been serving customers since 2008. With a strong focus on sustainability and decarbonisation, Clearwater Paper Corp has been making significant strides towards reducing its carbon footprint and transitioning to renewable energy sources.

Corporate Energy and Decarbonisation

Clearwater Paper Corp is committed to reducing its carbon footprint and has set ambitious goals to achieve this. The company has made significant investments in energy-efficient technologies and processes to reduce its energy consumption and greenhouse gas emissions. Clearwater Paper Corp has also implemented a comprehensive energy management system that tracks and monitors energy usage across its facilities.

The company has set a target to reduce its greenhouse gas emissions by 20% by 2025, compared to its 2018 baseline. To achieve this, Clearwater Paper Corp is focusing on decarbonisation initiatives such as energy efficiency improvements, renewable energy sourcing, and carbon offsetting. The company has also joined the Science-Based Targets Initiative (SBTi), which aims to help companies set science-based targets to reduce their greenhouse gas emissions.

Corporate Power Purchase Agreements (PPAs)

Clearwater Paper Corp has been actively pursuing corporate power purchase agreements (PPAs) to transition to renewable energy sources. The company has signed several long-term PPAs with renewable energy developers to purchase renewable energy credits (RECs) and offset its electricity consumption with renewable energy.

In 2019, Clearwater Paper Corp signed a 10-year PPA with a wind farm in Oklahoma to purchase 120,000 megawatt-hours (MWh) of wind energy annually. This PPA will help the company offset its electricity consumption with renewable energy and reduce its greenhouse gas emissions by over 70,000 metric tons of CO2e per year.

Renewable Energy

Clearwater Paper Corp is committed to transitioning to renewable energy sources and has set a target to source 20% of its electricity from renewable sources by 2025. The company has been investing in renewable energy projects such as wind and solar to achieve this goal.

In addition to its corporate PPAs, Clearwater Paper Corp has also installed solar panels at several of its facilities to generate renewable energy on-site. The company has installed a 1.8-megawatt solar array at its Lewiston, Idaho facility, which generates approximately 2.5 million kilowatt-hours (kWh) of electricity annually. This solar array helps the company reduce its reliance on grid electricity and transition to renewable energy sources.

Conclusion

Clearwater Paper Corp is a leading manufacturer of premium quality tissue, paperboard, and pulp products in the United States of America. The company has a strong focus on sustainability and decarbonisation and has set ambitious goals to reduce its carbon footprint and transition to renewable energy sources. Clearwater Paper Corp has been actively pursuing corporate power purchase agreements (PPAs) and investing in renewable energy projects such as wind and solar to achieve its sustainability goals. With its commitment to sustainability and renewable energy, Clearwater Paper Corp is leading the way towards a more sustainable future.