Environmental, Social, and Governance Initiatives
The Company’s Board of Directors and management are currently working towards formalizing existing ESG initiatives and reporting practices.
The following is a high-level summary of selected ESG areas:
Forestry
- Over 7 million seedlings planted by Doman since 2016
- Doman adheres to the Private Managed Forest Land Act of British Columbia, which requires sustainable forest management practices, including protecting key public environmental values
- Timber sold to our major customers receives Chain-Of-Custody Certification, providing customers with confidence that end products originate from well-managed forests
- Forest products generate up to 31% lower carbon footprint than concrete, metal and plastic alternatives
Pressure-treated Wood
- Doman utilizes MicroPro Sienna in its treated wood products, which has an environmental footprint of less than half of traditional residential treated wood.
- Approved for use in 3 National Parks including, Banff
- Safe for use in freshwater and raised garden beds
- Extends the life of the wood resulting in reduced resource usage
- MicroPro Sienna® was the first, and only, wood-treatment process to be certified as an Environmentally Preferable Product (EPP) by SCS Global Services, based on life-cycle assessment. The full list of environmental certifications for MicroPro Sienna® can be found here.
- Doman practices environmentally responsible plant design and operation through certification under the Canadian Wood Preservation Authority’s Technical Recommendations Document standard.
- Water used in the production process is generally recaptured and recycled.
![Environmentally Preferable Certified](https://cdn.domanbm.com/images/esg/_200xAUTO_crop_center-center_none_ns/68323/Artboard-2@2x.webp)
![Global Green Tag Certified](https://cdn.domanbm.com/images/esg/_200xAUTO_crop_center-center_none_ns/68322/Artboard-2-copy@2x.webp)
![Greenguard certification](https://cdn.domanbm.com/images/esg/_200xAUTO_crop_center-center_none_ns/68321/Artboard-1@2x.webp)
Operations
- Doman distribution, treating and specialty sawmill facilities generally feature railway access which is more efficient and lowers higher carbon footprint road truck usage
- Piloting zero-emission electric forklifts at selected facilities as pilot, replacing diesel and propane
Doman: At the heart of our communities
![Vancouver Canucks](https://cdn.domanbm.com/images/esg/_400xAUTO_crop_center-center_none_ns/68360/vancouver.webp)
![Yutu Relief](https://cdn.domanbm.com/images/esg/_400xAUTO_crop_center-center_none_ns/68361/yutu-relief.webp)
![Saint Paul's hospital](https://cdn.domanbm.com/images/esg/_400xAUTO_crop_center-center_none_ns/68358/st-paul-hospital.webp)
![Habitat for Humanity](https://cdn.domanbm.com/images/esg/_400xAUTO_crop_center-center_none_ns/68354/habitat-for-humanity.webp)
![Nature conservancy Canada](https://cdn.domanbm.com/images/esg/_400xAUTO_crop_center-center_none_ns/68356/nature-conservancy.webp)
![Arkansas Razorbacks](https://cdn.domanbm.com/images/esg/_400xAUTO_crop_center-center_none_ns/68348/arkansas.webp)
![BC Lions](https://cdn.domanbm.com/images/esg/_400xAUTO_crop_center-center_none_ns/68349/bc.webp)
![Big Brothers Big Sisters](https://cdn.domanbm.com/images/esg/_400xAUTO_crop_center-center_none_ns/68350/big-brothers-big-sisters.webp)
![](https://cdn.domanbm.com/images/esg/_400xAUTO_crop_center-center_none_ns/126920/big-brothers-big-sisters_2024-05-30-142558_yjdo.webp)
![BC children's hospital](https://cdn.domanbm.com/images/esg/_400xAUTO_crop_center-center_none_ns/68351/childrens-hospital.webp)
![Fernie trails alliance](https://cdn.domanbm.com/images/esg/_400xAUTO_crop_center-center_none_ns/68352/fernie-trails-alliance.webp)
![Horatio Alger Association of Canada](https://cdn.domanbm.com/images/esg/_400xAUTO_crop_center-center_none_ns/68353/haa.webp)
![](https://cdn.domanbm.com/images/esg/_400xAUTO_crop_center-center_none_ns/126921/Tour-CIBC-Charles-Bruneau.webp)
Governance & Business Ethics
Board of Directors:
- Majority Voting Policy
- Majority Independent Directors
- Independent Directors comprise 100% of Board committees
- 100% Board and Committee Meeting Attendance in 2020
- Annual Board Evaluation Process
- Board Diversity Policy
- Required Minimum Stock Ownership
- CEO, Board and senior management own over 20% of stock – material alignment with shareholders
- Formal Risk Identification, Assessment and Management initiated in 2021
Links to the following Policies: