LP issues 2023 Sustainability Report
Building products manufacturer LP Building Solutions (LP) has released its 2023 Sustainability Report.
This is the third annual sustainability report released by the building solutions provider.
The latest report details the company’s detailing the company’s environmental, social and governance (ESG) performance.
According to the Nashville, Tennessee-based company, a focus on resilience has helped LP achieve key impact goals across five pillars: Governance, People, Environment, Products, and Community.
“Our history has taught us the vital role sustainable building materials play in long-term resilience,” said LP Chair and Chief Executive Officer Brad Southern. “By engineering our products for durability, we enable customers to build more resilient homes. By harvesting responsibly, we help promote forest resilience. By building and developing a more diverse, engaged, and highly skilled workforce, we build a more resilient and competitive company.”
LP said that the 2023 report details how LP’s products and manufacturing processes are inherently sustainable. An example is the company’s carbon-negative products.
In 2023, LP completed five environmental product declarations (EPDs) for its Structural Solutions portfolio. Along with LP SmartSide Trim & Siding, these EPDs demonstrate the carbon negativity of LP products.
For builders and homeowners looking for durable and resilient products that also make a positive impact on the planet, LP said it “believes the choice is clear.”
Highlights from LP’s 2023 Sustainability Report include:
- Ensured 100% of wood fiber was sourced through stringent forest certification standards
- Continued to focus on renewable energy, deriving 80% of all thermal energy used in product manufacturing from renewable sources
- Achieved another year of strong safety performance with a world-class total incident rate below 1.0 since 2007, winning four safety awards, and achieving 1 million recordable-free hours for the sixteenth time across its sites
- Enhanced workforce diversity and belonging with the introduction of the inclusion training program Building a Better LP
- Supported communities through the LP Foundation grant program, reaching 130 nonprofits across the U.S. and Canada, and announced a national partnership with the Gary Sinise Foundation’s R.I.S.E. program, which builds mortgage-free, specially adapted smart homes for America’s most severely wounded veterans using LP® SmartSide Trim & Siding
- Completed its ambitious plan to open LP Health and Wellness Centers at 11 of its facilities, offering free or low-cost health care exclusively to LP team members and their families
To read LP’s 2023 Sustainability Report, visit LPCorp.com/Sustainability.
