Domtar Joins Chicago Climate Exchange

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Domtar recently joined the Chicago Climate Exchange (CCX), voluntarily committing to achieve an absolute greenhouse gas (GHG) emissions reduction of 6% below its 2000 emission levels. This latest initiative supports the company’s previous efforts to reduce its carbon footprint by having decreased its use of fossil fuels by over 21% for the 2002-2007 period, by reducing its GHG emissions by 21.6% for the same period, and by using approximately 79% renewable energy in its facilities.

CCX is North America’s only active voluntary, legally binding cap-and-trade system aimed at the registry and reduction of greenhouse gas (GHG) emissions with offset projects worldwide. CCX members commit to meeting annual GHG emission reduction targets and are issued a given number of allowances in accordance with these targets. If they reduce below the targets, they have surplus allowances to either bank for the future or trade to other companies through CCX. Those who emit above their targets can still comply with the program by purchasing additional allowances from the CCX. The number of allowances, therefore, remains stable as some companies sell or purchase allowances as needed.

Domtar’s quest for excellence in energy efficiency and the reduction of its environmental footprint are both integral parts of the company’s focus on sustainable practices. Joining the Chicago Climate Exchange and making a formal commitment to reduce its greenhouse gas emissions will further drive Domtar’s ongoing efforts to increase its energy efficiency and reduce its environmental footprint.