President & CEO Message
A MESSAGE FROM DAN FULTON:
At Weyerhaeuser, we live by this simple truth: a single tree won't last forever, but a forest can.
We plant trees. As they grow, we draw upon our long history of forestry expertise to ensure they become strong, straight
and healthy. Eventually, we harvest these trees to make all kinds of products that are useful to everyday lives, such as
shelter, personal hygiene and energy. After harvest, we replant and begin again for the next generation. In this cycle,
we find balance between short-term needs and long-term prosperity.
For us, land and forests inspire our vision: to deliver superior, sustainable solutions for the world. To achieve this vision,
we set clear goals in three critical areas — performance,
people and planet. We regularly assess our progress, and share it openly with you on this website. Here are a few highlights:
Our goal is to be the first choice for our customers and our investors. Our people are focused on safely making money and
delivering top-quartile results over the business cycle. We are ready for an economic recovery when it comes, but we are
not waiting for it. All our businesses are focused on driving continuous improvement and finding success no matter what
market conditions we face. You can listen to our annual presentation to industry analysts to learn more about our business strategies, competitive
position and overall financial progress.
The strongest commitment we can make to our people is to achieve our goal of an injury-free workplace. In 2011, we ended
the year with a recordable injury rate just under one. To break through to the next level of performance, we zeroed in on
four main strategies in 2012: leading with passion, empowering employees, setting clear expectations, and relentlessly recognizing
risk. So far this year we're seeing good progress toward reducing injuries, with a recordable incident rate of 0.61 as of
Caring about people also means working hard to attract, develop and retain the very best talent. Our retention rate is very
high, about 94 percent, and the results of our 2011 employee engagement survey
show an overall positive rating of 70 percent. Where we find gaps in our workplace effectiveness, we quickly implement action
plans for improvement at the team level.
Nurturing relationships with people who live in communities where we operate is important to us as well. Our employees are
especially active in supporting a wide range of causes important to them. In 2011, our people contributed nearly 21,660
volunteer hours and completed more than 135 worthwhile projects through our employee-driven
Making WAVES and iWAVE programs.
Deep understanding and respect for the environment is written into our DNA at Weyerhaeuser. We take seriously our role as
responsible stewards of the land and forest.
In 2011, we made good progress against a number of critical goals. For example, many of our manufacturing facilities achieved triple
chain of custody certification. We have also reduced our greenhouse gas emissions
by 31 percent from 2000 levels and our water use by 19 percent
from 2007 levels. And our timberlands team has developed a plan to measure and report against a comprehensive set of 18
ecosystem services that our forests provide.
Our strategic focus:
In 2010, we launched a new sustainability strategy,
which establishes clear 2020 goals and milestone metrics along the way. This set the wheels in motion for us to capitalize
on our strengths and close gaps in areas of weakness.
In 2011, we focused on fully integrating sustainability into our systems and processes, developing
sustainability training for employees, and continuing to drive
progress against well-established targets.
In the coming years, we will work on addressing any gaps in our policies and practices, driving results in new target areas,
and engaging employees at all levels of the company to understand their part helping us achieve our long-term sustainability
Thank you for your interest in sustainability at Weyerhaeuser. After you've explored our report, please take a few moments
to give us your feedback. We value your input.
President and CEO Weyerhaeuser Company