Weyerhaeuser Outlined Strategy to Drive Sustainable Growth

SEATTLE (Scrap Monster): Weyerhaeuser Company announced that it will outline strategy to drive long-term sustainable growth. The strategy aims to boost shareholder return and enhance its efforts to reduce GHG emissions.

The company plans to grow its timberlands portfolio through $1 billion of disciplined investments by end of 2025. It aims five-fold surge in adjusted EBITDA from Natural Climate Solutions by generating $100 million. It targets to improve upon its industry leading performance by capturing approximately $175 to $250 million of additional operational excellence. Furthermore, it will strive to achieve 5% organic growth in lumber production to serve rising market demand.

Weyerhaeuser declared a one-time interim supplemental dividend of $0.50 per share. It targets 5% annual growth in the sustainable base dividend from 2022-2025. Also, it authorized share repurchase amounting to $1 billion.

As part of enhanced ESG leadership efforts, the company plans to grow its Natural Climate Solutions business to capitalize on opportunities associated with emerging carbon markets. It will also decide upon setting a science-based greenhouse gas emissions reduction target with the ultimate goal reaching net-zero.

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