Environment & Sustainability
Cascades’ GHG reduction targets have been approved by the Science Based Targets initiative
By P&PC Staff
By P&PC Staff
Cascades has announced that the Science Based Targets (SBTi) initiative has approved its greenhouse gas emission reduction targets.
The targets submitted by the company are aligned with the methodology that SBTi has developed. The SBTi is a partnership between the Carbon Disclosure Project, the United Nations Global Compact, the World Resources Institute and the World Wildlife Foundation. The organization drives climate action in private companies by helping them set science-based emissions reduction targets. Cascades is now a part of the global movement of companies committed to climate action.
In its fourth Sustainability Action Plan launched last June, Cascades announced that it is determined to:
- Reduce its mills’ Scope 1 and 2 greenhouse gas emissions intensity by 38.7 percent (kg of CO2 eq. / metric tonne of saleable products);
- Reduce Scope 1 and 2 absolute greenhouse gas emissions from other emissions sources, including its converting plants, by 27.5 percent (kg of CO2 eq.);
- Reduce Scope 3 (supply chain) greenhouse gas emissions intensity by 22 percent (kg of CO2 eq. / metric tonne of saleable products).
Cascades will carry out a series of in-plant projects, increase its consumption of renewable energy and engage the players in its supply chain, to achieve the set targets.
“Even though we have already reduced the intensity of our emissions by 50 percent since 1990, we believe it is our responsibility to do even more. By aligning itself with the SBTi methodology, Cascades is committed to reducing the impact of its activities and offering products and solutions with a low-carbon footprint. The conclusions of the new report by the Intergovernmental Panel on Climate Change are clear: each organization must contribute to the global effort and dramatically reduce its GHG emissions,” said Mario Plourde, president and CEO of Cascades.