KINGSEY FALLS, QC, Feb. 14, 2013 /CNW Telbec/ - Cascades Inc. (TSX:
CAS), a leader in the recovery and production of green packaging and
tissue products, was the recipient of a "Phare" Award presented by
Korn/Ferry - Les Affaires, organizers of the prestigious contest that
recognizes corporate governance and social responsibility.
For the past 11 years, the event has honoured companies and boards of
directors who stand apart for ethical practices and excellence in
corporate governance. This year, the judges decided to look at
corporate governance specifically in regard to social responsibility.
Cascades beat out the competition, capturing first prize in the
"We are very proud of this acknowledgement. At Cascades, we believe that
all organizations have a moral duty to be socially responsible, that
is, to take concrete steps toward incorporating social, environmental
and economic issues into their operations. As you may know, we have
quite a history in this area. Sustainable development and social
responsibility are an integral part of our mission, vision and
management philosophy," explained President and Chief Executive Officer
The panel of judges acknowledged Cascades' stellar performance,
highlighting its three-year sustainable development plan, which is
based on the results of a broad consultation of all the company's
stakeholders including clients, suppliers, employees, shareholders,
local communities and environmental groups.
Mr. Lemaire would like to congratulate all the contest participants and
the winners in the other categories.
Founded in 1964, Cascades produces, converts and markets packaging and
tissue products that are composed mainly of recycled fibres. The
company employs more than 12,000 employees, who work in over 100 units
located in North America and Europe. With its management philosophy,
close to half a century of experience in recycling, and continuous
efforts in research and development as driving forces, Cascades
continues to deliver the innovative products that customers have come
to rely on. Cascades' shares trade on the Toronto Stock Exchange under
the ticker symbol CAS.
SOURCE: CASCADES INC.
For further information:
Vice-President, Communications and Public Affairs
Web site: www.cascades.com
Green by Nature Blog: http://blog.cascades.com/
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