article is disputed . relevant discussion may be found on the talk page . please do not remove this message until conditions to do so are met . june 2016 learn how and when to remove this template message resolute forest products inc. type public traded as tsx rfp nyse rfp industry pulp and paper founded 2007 abitibi consolidated and bowater merger headquarters montreal quebec canada area served worldwide key people bradley p. martin chairman of the board richard garneau president and ceo products newsprint commercial printing papers market pulp wood products revenue us 4.256 billion 2014 1 operating income us 174 million 2014 1 net income us 277 million 2014 1 total assets us 4.921 billion 2014 1 total equity us 2.117 billion 2014 1 number of employees 7 700 2014 website www.resolutefp.com resolute forest products french produits forestiers r solu formerly known as abitibibowater inc. is a pulp and paper manufacturer headquartered in montreal quebec canada formed by the merger of bowater and abitibi consolidated which was announced 29 january 2007 . 2 at the time abitibibowater was the third largest pulp and paper company in north america and the eighth largest in the world . on 16 april 2009 the company filed for creditor protection in the united states and similar protection under the companies creditors arrangement act in canada eventually reporting debt of about us 6 billion . 3 the company won court approval for 206 million to finance restructuring . 4 abitibibowater emerged from creditor protection on 9 december 2010 . 5 abitibibowater changed its operating name to resolute forest products in late 2011 . 6 7 resolute forest products is a member of the forest products association of canada . contents 1 operations 2 controversy 3 references 4 external links operations edit the company website reports resolute forest products manages approximately 14.9 million hectares 36.9 million acres of forestland in north america as of june 30 2011 . 98 % of this area is public land in canada managed through long term forest management arrangements that include a public input process and regular periodic government auditing . resolute became a member of the world wildlife fund s climate saver s program on november 10 2011 with a commitment to reduce their absolute greenhouse gas ghg emissions by 65 per cent by 2015 below 2000 levels . 8 controversy edit on 18 may 2010 resolute forest products joined 29 other organizations including greenpeace and the david suzuki foundation 9 to become a founding member of the canadian boreal forest agreement cbfa . 10 the agreement formalizes the members commitments to conserving vast areas of forests and enabling the legislated protection of large scale areas that are needed to preserve threatened species such as woodland caribou . claiming a lack of progress on delivering results within the cbfa particularly on the creation of protected areas and caribou conservation plans greenpeace and canopy two founding signatories departed the agreement in december 2012 and april 2013 respectively . 11 other environmental organizations suspended work with resolute on may 21 2013 announcing that resolute will not do the minimum that the science says is required to protect our forests and the threatened caribou that call them home 12 . greenpeace released a report examining resolute s sustainability claims in may 2013 alleging that the company is deceiving customers about the sustainability of their forestry operations and their interactions with communities first nations and workers . 13 greenpeace withdrew an earlier criticism of resolute forest products on 19 march 2013 noting that a december 2012 campaign against the company incorrectly stated that resolute had breached the canadian boreal forest agreement . 14 the primary workers union has recently been critical of the company s attempts to renegotiate pension contributions with their pension underfunded by approximately 1.9 billion . 15 on 3 may 2013 however it was reported that an agreement was put in place which may address the ongoing pension dispute with resolute agreeing to increase its pension payments and stabilize the pension plan over the next decade . 16 resolute forest products has been criticized by greenpeace and other organizations for advancing logging and roadbuilding in endangered species habitat in qu bec and ontario . 17 on may 23 2013 resolute filed a 7 000 000 defamation lawsuit against greenpeace canada and two of its staff in ontario superior court alleging the organization interfered with economic relations with their customers . 18 in response greenpeace launched a legal defense fund and characterized the lawsuit as a strategic lawsuit against public participation slapp . on august 29 2013 a case study examining the use of forest stewardship council fsc controlled wood system by resolute was released . 19 the report concludes that resolute s improper application of forest stewardship council standards threatens the integrity of the fsc system and brand . on january 1 2014 after a successful appeal by the grand council of the crees three fsc certificates covering more than 8 mio . ha . of forest were suspended . fsc found violations of its principles relating to indigenous peoples rights environmental impacts forest benefits monitoring and assessment and high conservation value forests . 20 references edit a b c d e http www.resolutefp.com uploadedfiles investors financial reports rfp q4 2014 financial summary.pdf abitibi bowater merging to create forestry giant . cbc news . 2007 01 30 . archived from the original on july 11 2007 . retrieved 2007 02 26 . abitibibowater gets bankruptcy protection in canada . cbc news . 2009 04 18 . retrieved 2011 09 26 . abitibibowater gets court ok for 206 mln dip . reuters . 2009 04 17 . retrieved 2009 04 20 . abitibibowater emerges from bankruptcy . reuters . 2010 12 09 . retrieved 2011 09 13 . abitibibowater changing name to resolute forest products . the globe and mail . toronto . 2011 10 11 . retrieved 2011 10 14 . forsyth paul 28 december 2011 . new name for abitibibowater . niagarathisweek.com . retrieved 31 december 2011 . resolute forest products joins wwf climate savers program . wwf . 2011 11 10 . retrieved 2013 07 05 . canadian boreal forest agreement who s involved canadian boreal forest agreement the agreement another environmental group pulls out of canadian logging pact . the globe and mail . toronto . 2013 04 17 . environmental groups suspend further work with resolute forest products under canadian boreal forest agreement . the wall street journal . 2013 05 21 . http www.greenpeace.org canada en campaigns forests boreal resources reports resolute false promises the unsustainability report 2013 notice of correction regarding resolute forest products operations pdf . greenpeace . 2013 03 19 . retrieved 2013 07 05 . cbc news http www.cbc.ca news canada thunder bay story 2012 08 10 tby resolute forest products.html . missing or empty title help kenora mill workers union says conflict over pensions may be settled for good . kenora daily miner and news . 2013 05 03 . retrieved 2013 07 05 . http www.greenpeace.org canada resolute the star . toronto http www.thestar.com news canada 2013 06 24 quebec forestry company suing greenpeace for 7 million.html . missing or empty title help 1 resolute forest products fsc forest management certificates to be suspended . fsc newsroom . 2013 12 18 . retrieved 2014 02 28 . external links edit official website greenpeace report on resolute sustainability claims retrieved from https en.wikipedia.org w index.php title resolute forest products & oldid 741408018 categories companies listed on the new york stock exchangecompanies listed on the toronto stock exchangecompanies based in montrealcompanies that have filed for chapter 11 bankruptcypulp and paper companies of canadacompanies that have filed for bankruptcy in canadahidden categories pages with 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