Company: LPX
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001104659-25-028584
Chunk: 21

Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 21
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 and mitigate potential biodiversity risks. Our forest management process helps preserve a range of age classes and forest types to protect habitats for plant and animal species that require younger as well as older forests to thrive. Manufacturing Efficiency Our manufacturing systems are intended to limit our environmental impact. All LP manufacturing facilities use site-specific environmental management programs to help minimize waste and promote clean air and water quality when LOUISIANA-PACIFIC CORPORATION ● 2025 PROXY STATEMENT | 22 TABLE OF CONTENTS CORPORATE GOVERNANCE producing engineered wood building products. We derive a significant amount of energy from using residual biomass generated during manufacturing, which accounted for approximately 80% of our total energy use in 2023. We utilize 99% of all wood fiber that enters our manufacturing facilities either in our products or as an alternative renewable energy source to partially offset fossil fuel consumption. In 2023, we also began two renewable energy projects in South America. One of those renewable energy projects came online in late 2024; the other is expected to come online during 2025. Quantifying Our Carbon Footprint Understanding our emissions is critical for developing and guiding our sustainability strategy. Our Scope 1 and 2 GHG emissions arise primarily from the natural gas and electricity used in our operations. However, a significant amount of our energy is derived from the use of residual biomass resulting from our manufacturing process. For 2023, we obtained limited assurance from a third-party auditor for our Scope 1 and Scope 2 greenhouse gas emissions, reinforcing our commitment to strong governance and data integrity. In addition to evaluating our Scope 1 and 2 GHG emissions, we have worked to measure our Scope 3 GHG emissions inventory since 2019. We believe this evaluation is an important step in understanding the emissions impact of our full value chain. Products Across our more than 50-year history, one thing that has remained consistent is our dedication to creating innovative, longer-lasting, more sustainable building products for our customers. We are committed to producing products that are both responsibly sourced and known for exceeding the performance expectations of our customers. We work with third parties to develop life cycle assessments (LCA) and environmental product declarations (EPD) for LP products. The LCAs and EPDs allow us to assess and compare the environmental impact of our products’ life cycles in line with internationally recognized standards, including International Organization for Standardization (ISO) standards. We believe EPDs are a valuable tool for comparing products and providing transparency into the environmental footprint of a product across its full