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Weyerhaeuser Summary

Brief Description of Company:
Weyerhaeuser Company, incorporated in 1900, is an international integrated forest products company. Weyerhaeuser is principally engaged in the growing and harvesting of timber; the manufacture, distribution and sale of forest products; and real estate construction, development and related activities. Weyerhaeuser is headquartered in Federal Way, WA. In 2006, it had revenues of $21.9 billion and employed 46,700 people. Visit Weyerhaeuser's Web site for more information.
Weyerhaeuser's Greenhouse Gas Reduction Target
- Reduce GHG emissions by 40 percent by 2020 through greater reliance on renewable fuels. Read more about Weyerhaeuser's target by clicking here.
CEO:
Daniel S. Fulton
Senior Executive Quote Regading Climate Change:
"Weyerhaeuser's 40 percent reduction in annual greenhouse gases is the equivalent of taking 700,000 vehicles off the road for one year. We will do this by harnessing the benefits of a renewable, natural resource -- biomass -- as fuel in the boilers that generate steam and electrical energy in our mills.
"In addition to substituting biomass fuel for fossil fuels, Weyerhaeuser will improve energy efficiency and install cleaner-burning boilers. This is a win-win for shareholders and the environment. Shareholders benefit from lower energy costs, and the environment benefits from lower emissions of greenhouse gases."
--Ernesta Ballard, Senior Vice President for Corporate Affairs
