Governance
Our corporate governance practices and programs represent our commitment to ethical business. We work to create an environment within the workplace where all LP representatives—from directors to individual contributors—have a strong sense of accountability and integrity.
Sustainability Oversight
At LP, oversight for sustainability begins at the Board level. The Governance and Corporate Responsibility Committee (GCRC) is primarily responsible for overseeing our sustainability programs and practices.
At the management level, our ESG Executive Council oversees the functional implementation of our ESG strategy. The ESG Executive Council oversees the ESG Task Force, a group of subject matter experts who are responsible for the day-to-day implementation of our ESG strategy.
Our Sustainability Report provides detailed information on our Board and management team’s ESG roles, including climate change.
The Governance and Corporate Responsibility Committee takes a leadership role in shaping the governance of the corporation and provides oversight and direction regarding the functioning and operation of the Board of Directors.
Ethics and Compliance
We expect all LP employees to act with the highest standards of ethics and integrity and carry our commitment to business ethics through to our suppliers. Our Code of Business Conduct and Ethics and Supplier Code of Conduct outline our standards and expectations.
LP’s Human Rights Policy further details our expectations for working conditions and human rights in our operations. We uphold a Conflict Minerals Policy to prevent the use of such materials in LP products, supporting efforts to end human rights abuses and environmental harm.
LP Confidential, our anonymous business ethics reporting service, is available 24/7, 365
days a year, for anyone to report ethical violations or concern online or by phone.
Sustainability Reporting
LP issues an annual Sustainability Report covering our ongoing progress toward our environmental, social, and governance (ESG) goals and highlighting our programs, processes, and initiatives across five critical pillars: Governance, People, Environment, Products, and Community.
We provide ESG disclosures in line with the IFRS Foundation’s Sustainability Accounting Standards Board (SASB) standards and the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. Our business is aligned with SASB’s Building Products and Furnishings and Forestry Management standards.
LP’s latest SASB and TCFD indexes are included in the appendix of our Sustainability Report.
LP has a tremendous sustainability story to tell. From sourcing sustainable forest resources and manufacturing innovative, carbon-friendly products to the care the company shows its employees and communities, LP has been the industry’s leading light for nearly 50 years.
