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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 9 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 Global Green Tag Certified Greenguard certification

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 adheres to the Private Managed Forest Land Act of British Columbia
Building on over 100 years of experience in the lumber industry
Forest products generate up to 31% lower carbon footprint than concrete, metal, and plastic alternatives

Doman: At the heart of our communities

Vancouver Canucks
Yutu Relief
Saint Paul's hospital
Habitat for Humanity
Nature conservancy Canada
Arkansas Razorbacks
BC Lions
Big Brothers Big Sisters
BC children's hospital
Fernie trails alliance
Horatio Alger Association of Canada

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: