Business
Cascades: Industry leader among the most sustainable corporations in the world and recipient of numerous awards
Cascades: Industry leader among the most sustainable corporations in the world and recipient of n...
About this update from Cascades Inc.
[{"type":"text","content":"\n\n\n\n Cascades: Industry leader among the most sustainable corporations in the world and recipient of numerous awards\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. 22, 2025\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 sixth year in a row, it has been ranked one of the world's 100 most sustainable corporations by Corporate Knights, a media, research and financial information company. Once again, Cascades was awarded the top position among organizations in the\n \n Containers and Packaging\n \n sector, in addition to being ranked 59th worldwide. This recognition, which coincided with the World Economic Forum in\n \n Davos\n \n , highlights the outstanding work of companies 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 8,359 companies worldwide with annual revenues exceeding one billion dollars were evaluated in the most recent exercise.\n \n\n Cascades' industry leading environmental, social and governance practices, as well as a business model based on the circular economy, allowed the company to excel on several levels. Among the factors assessed by Corporate Knights, Cascades stood out for its high percentage of sustainable revenue, attributable to products made from recycled or certified fibres, and sustainable investments notably in capital expenditures and research and development. The company also distinguished itself with respect to social and governance issues, including employee benefits, executive compensation tied to the achievement of sustainability objectives, and female representation on its Board of Directors.\n \n\n In this regard, Cascades is also delighted to announce that it has retained its Silver Parity Certif...