Environment & Sustainability
Cascades ranked 20th on “Global 100 Most Sustainable Corporations in the World” list
January 19, 2023 By P&PC Staff
Cascades ranked 20th on Corporate Knight’s Global 100 Most Sustainable Corporations in the World. This is the fourth consecutive year that the company was ranked on the list. Corporate Knights analyzed more than 6,000 organizations worldwide to select the top 100.
For the second straight year, Cascades ranked first among the 54 organizations analyzed in the “Containers & Packaging” category.
“The importance of developing a circular economy to protect our resources has been at the center of Cascades’ business model for almost 60 years. We have always considered it vital to use as much recycled material as possible in our products, and continually review how we operate in order to be respectful of the environment,” said Mario Plourde, president and CEO of Cascades. “We owe this performance to our employees, who push the envelope and drive positive change every day. It is thanks to them that Cascades is able to continuously reduce its environmental footprint and those of its customers.”
The Global 100 Most Sustainable Corporations in the World ranking is the result of a performance analysis of international corporations with more than $1 billion in revenues. In the evaluation, 25 key performance indicators across four areas (economy, environment, social and governance) are taken into account. The weighting of these indicators is defined according to each industry.
Cascades was recognized for its high percentage of clean revenue, i.e. from the sale of eco-friendly products, in addition to its sustainable investments, the alignment of its greenhouse gas emission reduction targets with international recommendations, the inclusion of sustainability objectives in the performance evaluations and gender diversity on its board of directors.
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