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WE DO THE RIGHT THING

Our founder, Frederick Weyerhaeuser, had an excellent reputation for fair dealing. More than 100 years later, our company is still recognized for our ethical business practices, compliance and high standards.

In 2017, our Ethics and Business Conduct Program turned 40 and we celebrated our eighth time as a World's Most Ethical Company® by Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices. This honor acknowledges our strong culture of integrity and compliance at every level of the company.

Our code of ethics, now in its ninth edition, outlines our expectations for ethical business conduct.

With translations in multiple languages, it is a resource for all employees on ethical decision-making, and provides guidance on topics such as conflicts of interest, antitrust and competition laws, international business conduct, preventing harassment and discrimination, human rights, health and safety, and more.

WE'RE NOT INTERESTED IN EASY

The right choice is not always the easy choice. We make ongoing improvements to our ethics program, including revising our code of ethics and providing ethics training to all employees on a regular basis. In early 2017, we rolled out a company-wide ethics training.

Our Ethics and Business Conduct Charter describes how our program is managed internally, including information on governance and oversight.


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WE UNDERSTAND TRUST IS EARNED

To report concerns or ask questions about potential violations of our code of ethics, company policies or the law, anyone can confidentially and anonymously call our EthicsLine at 800-716-3488 or use Weyerhaeuser Ethics Online.

These resources are managed by an independent company and are available in multiple languages 24 hours a day, seven days a week.

The resulting confidential case reports are quickly referred to our Ethics and Business Conduct office.

Concerns about accounting, audit matters or internal controls can also be submitted directly to the chair of our board of directors' Audit Committee by contacting our corporate secretary at CorporateSecretary@weyerhaeuser.com.

WE EXPECT OUR SUPPLIERS TO BE ETHICAL

We use a variety of processes to ensure both our company and our supply chain are responsibly managed.

Safety is first

We expect our suppliers to provide a safe work environment; comply with and maintain policies consistent with our applicable environmental, health and safety laws; and act in accordance with our Supplier Code of Ethics when working for us.

Our standard terms of purchase require suppliers to comply with all applicable laws, including safety, labor and employment laws.

Our suppliers must become familiar, comply and maintain policies consistent with our environmental, health and safety requirements.

We expect our suppliers to provide a safe work environment; comply with and maintain policies consistent with our applicable environmental, health and safety laws; and act in accordance with our Supplier Code of Ethics when working for us.

Our standard terms of purchase require suppliers to comply with all applicable laws, including safety, labor and employment laws. Our suppliers must become familiar, comply and maintain policies consistent with our environmental, health and safety requirements.

Performance and diversity

We establish robust supply chains for our products and work to enhance their performance. We also recognize that talent and innovation are found everywhere in our communities and seek diversity among our suppliers.

Risk and value

To mitigate risk and create the best-possible value, our procurement programs are committed to reducing cost, enhancing supply chain resilience, and selecting the right suppliers aligned with our needs and values. We also consider other factors, such as administrative costs, ongoing technical support, and maintenance and risks of use and alternatives.

Human rights

Our Human Rights Policy is guided by the United Nations Universal Declaration of Human Rights and is part of our Code of Ethics. Although we do not have major operations in countries or locations where we believe human rights are at risk, we have implemented policies and programs to ensure these rights are protected. Our human rights program is routinely reviewed against the Ruggie Framework to identify any areas of improvement and we report any major concerns to our board of directors. Our policy specifically prohibits the use of “chattel slaves, forced labor, bonded laborers or coerced prison labor,” and we expect that our suppliers will maintain fair working conditions and freedom of engagement and association.

Avoiding controversial sources of wood fiber

All of our manufacturing facilities are certified to the Sustainable Forestry Initiative® Certified Sourcing Standard, which ensures we avoid controversial sources of wood fiber. We are required to have a process to assess the risk of fiber sourcing occurring in countries without effective laws addressing workers’ health and safety, fair labor practices, indigenous people's rights, anti-discrimination and anti-harassment measures, prevailing wages and workers’ right to organize. Select facilities are also certified to the SFI and PEFC chain-of-custody standards, which requires we are at low risk of sourcing from “controversial sources," including health and labor issues.

Additional assessment of foreign suppliers

As a member of the Customs-Trade Partnership Against Terrorism, we conduct risk assessments of our foreign suppliers. We gather information to assess whether security vulnerabilities may create a high-risk supply chain and, if indicated, develop a map of the supplier’s cargo flow and business partners. If needed, we work with our suppliers to develop a corrective action plan to address any gaps or vulnerabilities, and we periodically audit suppliers and action plans.

Accountability

A supplier’s failure to comply with the above expectations will result in termination of the supplier relationship. Employees who fail to comply with these expectations are subject to disciplinary action up to and including termination of employment.

Transparency and disclosure

The California Transparency in Supply Chains Act of 2010 requires retailers and manufacturers “to publicly disclose their efforts to eradicate slavery and human trafficking from their direct supply chains." Since the majority of our raw materials are sourced — and almost all our manufacturing activities are conducted — in North America, we believe the risk of slavery or human trafficking in our supply chain is low.

Annually, we publicly report on our progress toward meeting our long-term sustainability goals. We also support the use of internationally accepted standards that give stakeholders an objective, third-party analysis to judge whether a company is following responsible, sustainable forestry practices and effectively managing its environmental impacts.

GIVE US YOUR FEEDBACK ABOUT OUR SUSTAINABILITY REPORT