Environment & Sustainability
Catalyst recognized for carbon confessions
October 10, 2006 By Pulp & Paper Canada
Catalyst’s environmental efforts have earned the company recognition by the Conference Board of Canada’s Carbon Dis…
Catalyst’s environmental efforts have earned the company recognition by the Conference Board of Canada’s Carbon Disclosure Project Canada 280 initiative.
The company’s success in scaling back its greenhouse gas emissions has been documented in a report released as part of the 280 initiative.
The Carbon Disclosure Project, supported by a total of 225 institutional investors, surveyed more than 2,000 companies worldwide, in order to assess their reaction to the risks and opportunities linked to climate change. Catalyst was one of 280 Canadian companies that participated, and one of only 25 identified as leaders in the Conference Board report.
“We have been reducing greenhouse gas emissions for more than a decade, and have seen both environmental and financial benefits,” said Russell J. Horner, Catalyst president and CEO. “Beyond any new regulations that emerge, it’s a prudent risk management step and it puts us in good position to meet emerging market demands for carbon-neutral products.”
Companies that participated in the project were required to provide details on their carbon emissions, use of energy, and responses to the effect of climate change on their markets and regulatory environments.
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