Monday, June 13, 2011

Cascades Ranks 7th Best Corporate Citizen in Canada According to Corporate Knights Magazine

Cascades Ranks 7th Best Corporate Citizen in Canada According to Corporate Knights Magazine

KINGSEY FALLS, Q.C., Jun. 13 /CSRwire/ - Cascades Inc. (TSX: CAS) is proud that it has been selected as the 7th best corporate citizen in Canada by Corporate Knights magazine, which focuses on social responsibility and corporate governance. The magazine publishes annually a short list of the best 50 corporate citizens in Canada, which usually includes Cascades, because of its environmental, social and governance indicators.

"We are pleased that Cascades' sustained efforts in sustainable development are being acknowledged. The company has always aimed to reach standards that are higher than regularly established standards and it has continuously innovated its practices that are respectful of the environment and its stakeholders. It is therefore no surprise that the water consumption of Cascades units is five times lower than that of the Canadian pulp and paper industry. Since we believe in the principle of continuous improvement, we will strive to attain, between now and the end of 2012, the objectives that we have set for ourselves in our sustainable development plan, launched last April," declared Hubert Bolduc, Vice-President, Communications and Public Affairs.

To reach the unequalled environmental performance for which it has earned its role as a sustainable development leader, Cascades is depending on its centres of expertise such as its Environment Department, its Energy Action Group and its Research and Development Centre. Cascades is the only paper company in North America to employ a group of energy efficiency specialists and it has the largest private Canadian Research and Development Centre in the pulp and paper industry.

In total transparency, Cascades is publishing its performance indicators in sustainable development for the years 2008 to 2010 at the following address www.cascades.com/sustainable-development.

About Cascades Inc.
Founded in 1964, Cascades produces, converts and markets packaging and tissue products that are composed mainly of recycled fibres. The Company employs more than 11,000 employees, who work in more than 100 units located in North America and Europe. Its management philosophy, its more than 45 years of experience in recycling and its continued efforts in research and development are strengths that enable Cascades to create new products for its customers. Cascades' shares trade on the Toronto Stock Exchange, under the ticker symbol CAS.

Source: http://feedproxy.google.com/~r/csrwire/PRfeed/~3/qWbCcldXmY8/32445-Cascades-Ranks-7th-Best-Corporate-Citizen-in-Canada-According-to-Corporate-Knights-Magazine

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