Environment & Sustainability
Cascades ranked on Global 100 index for sustainability for third consecutive year
By P&PC Staff
By P&PC Staff
Cascades has been named as one of the world’s 100 most sustainable corporations as per Global 100 index, for the third consecutive year.
The Global 100 index is produced by media, research and financial information products company Corporate Knights.
Cascades placed 18th among the 6,914 companies worldwide with more than $1 billion in revenues that were analyzed for this ranking. This includes 34 other companies in the packaging category.
Cascades was named on the list for the first time in 2020 and held the 49th position. The company has been committed to sustainability, increasing its efforts through its most recent Sustainability Action Plan.
“Nearly 60 years ago, thanks to the commitment of our employees, Cascades became a pioneer in the circular economy by making products from recycled materials,” said Mario Plourde, president and CEO of Cascades. “We are constantly striving to push the limits of our business practices so that they are evermore exemplary and respectful of our natural, social and economic environment. It’s in this spirit that we have reaffirmed our leadership by setting new and more aggressive sustainable development objectives for the next five and 10 years.”
“Cascades is proud to work to reduce its footprint and, by extension, that of our partners. By collaborating with us, our customers are participating in the circular economy and using eco-designed hygiene and packaging solutions that reduce their environmental impact. We’re proud to work with them to make a real difference for future generations,” said Hugo D’Amours, vice-president of communications, public affairs and sustainable development.
The company was evaluated on 24 performance indicators. It displayed a high percentage of clean revenue from the sale of eco-friendly products. It also performed well in health and safety, employee benefits, the inclusion of sustainable development objectives in the performance evaluation and gender diversity on its board of directors.