Business
Cascades continues to rank among the top 100 most sustainable companies in the world and is first in its industry
Cascades continues to rank among the top 100 most sustainable companies in the world and is first...
About this update from Cascades Inc.
[{"type":"text","content":"\n \n \n \n Cascades continues to rank among the top 100 most sustainable companies in the world and is first in its industry\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n KINGSEY FALLS, QC\n \n \n ,\n \n \n Jan. 17, 2024\n \n \n /CNW/ - Cascades Inc. (TSX: CAS), a leader in the recovery and manufacturing of environmentally friendly packaging and hygiene products, is proud to announce that for the fifth consecutive year, it has been ranked as one of the world's 100 most sustainable corporations by Corporate Knights, a media, research and financial information company. Ranking 38\n \n th\n \n globally, Cascades has maintained it's leading industry position, being named first amongst organizations in the\n \n Containers and Packaging\n \n sector. This recognition highlights the exceptional work of companies such as Cascades that have combined environmental, social and governance considerations with business success.\n \n \n The analysis used to determine the ranking is based on a methodology that is reviewed annually and takes into account 25 performance indicators. A total of 6,733 companies across the globe with annual revenues exceeding\n \n one billion dollars\n \n were evaluated in the most recent exercise.\n \n \n An expertise built on 60 years of experience in the circular economy combined with our distinctive environmental and social practices allowed the company to perform on several levels. Of all the results assessed, Cascades stands out thanks to its high percentage of sustainable revenue attributable to products made from recycled or certified fibres; its high percentage of sustainable investments, namely capital investment expenditures and R&D investments; as well as governance elements such as gender diversity on the Board of Directors and executive compensation tied to the achievement of sustainability objectives.\n \n \n \"We are pleased to start our 60th anniversary year with this recognition. Looking back over the last six decades, we celebrate the rich legacy of our founders, the ...