KINGSEY FALLS, QC, May 21, 2014 /CNW Telbec/ - Cascades is pleased to
publicly reveal the initial results of the actions taken as part of its
2013-2015 Sustainable Development Plan. A year has passed since the
Plan's new objectives were presented and results are already beginning
to materialize: the actions taken in regard to the nine objectives have
yielded positive outcomes. In the coming months, we will continue our
efforts with a view to reaching all our targets by the end of 2015.
"Being accountable and communicating our results demonstrates how
important this process is to us. We have been taking concrete action in
regard to sustainable development for a long time. We have made
extraordinary progress in a multitude of areas, including environmental
and social and, now, having made clear commitments to quantified
objectives, our stakeholders know what our targets are in terms of
corporate social responsibility," explained Mario Plourde, President
and Chief Executive Officer of Cascades.
Here are the results of the nine targeted objectives at the end of the
first year of implementation:
2015 Target: Reduce the amount of energy purchased per tonne of saleable
product to 10.6 gigajoules
2013 Results: 10.74
Our energy performance has improved by 2%, in particular thanks to the
efforts of the Cascades GIE Inc. team (Cascades' energy efficiency
specialists). The projects carried out in 2013 resulted in savings of
171 105 gigajoules, or the equivalent of the energy used annually by
1 587 Canadian households.
2015 Target: Recover 71% of waste generated
2013 Results: 72.8%
Cascades generated less waste and increased the amount of waste
recovered in 2013. It has thus already exceeded its 2015 target. Two
special projects contributed to these results: reusing de-inking sludge
at the Tissue Group - Memphis plant, and recovering pulping waste at
Norampac - Mississauga.
2015 Target: Reduce the amount of water used per tonne of saleable
product to 10.6 cubic metres
2013 Results: 12.5
Our effluent flow increased slightly in 2013. This increase was due to
the inclusion of the Tissue Group - Oregon reports in our calculations.
Previously, this unit was not included in our calculations, since
Cascades was renting a machine in an industrial complex belonging to a
third party. A second paper machine was acquired in 2013, which led us
to consolidate the environmental performance reports. The global
portrait remains, however, close to five times better than the Canadian
pulp and paper industry average. Improvement projects for the plant are
scheduled for the coming months.
2015 Target: Make 40% of our purchases from suppliers evaluated and
found to be responsible
2013 Results: 35%
In 2013, we continued to assess suppliers' business practices, in
partnership with independent firm EcoVadis. We evaluated 36 businesses
in the goods and services and chemicals categories: 34 of them obtained
results that meet Cascades' expectations, while two suppliers will be
re-assessed within two years. As with past supplier evaluations based
on the same standards, each business now has access to its file, which
indicates opportunities for improvement in areas such as the
environment, fair business practices, labor practices and the supply
2015 Target: Reach 6% in sales of new products
2013 Results: 4.8%
At Cascades, growth depends on innovation. The Company continues to
invest tens of millions of dollars a year in research and development
to remain at the forefront of the industry. Some of the innovative
products recently launched include the EVOK® recycled Polystyrene foam tray, the Cascades® Moka® line of tissue products, antibacterial paper towels and Cascades Enviro
Jet fine paper. A number of new innovations are currently in the design
2015 Target: Optimize our return on capital employed to 6%
2013 Results: 4%
In 2013, our operating income before amortization (OIBA) excluding
specific items was $352 million, a 16% increase compared with 2012. We
took advantage of favourable market conditions, including higher sales
prices in the containerboard sector, stable prices in regard to
recycled fibres, and favourable exchange rates with the Canadian
dollar. Shipments also increased by 4%. All of these factors helped
increase our return on capital employed to 4% in 2013, compared with
2.8% in 2012.
HEALTH AND SAFETY
2015 Target: Reduce the OSHA frequency rate to 2.5
2013 Results: 3.2
The health and safety of employees continues to be a priority at
Cascades. Thanks to ongoing efforts to raise awareness and the
heightened vigilance of our employees, the Company's accident rate
reached an all-time low in 2013, with an OSHA frequency rate of 3.2.
This represents a 15% improvement compared with 2012. A fact worth
mentioning: 19 of our units were accident-free.
2015 Target: Increase the employee commitment rate to 65%
2013 Results: 55%
Based on the results of a survey conducted in 2012, our units have
identified priorities for action. In accordance with the targeted
themes, sub-committees were created with the aim of establishing
practices to strengthen employee commitment.
2015 Target: Have 85% of our units carry out at least three initiatives
in their communities
2013 Results: 50%
Last year, close to $3 million was invested in a variety of worthwhile
causes in the communities in which Cascades operates. Half of our 97
North American units reached the target of three initiatives over the
course of the year. In addition, we continue to highlight employee
dedication through internal initiatives, including the Socio-Heroes
Contest, which celebrated two Cascaders who showed extraordinary
dedication to their communities.
For more information about the 2013-2015 Sustainable Development Plan,
and for the most recent results, visit www.cascades.com/sustainable-development.
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
production units located in North America and Europe. With its
management philosophy, 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/
Twitter: twitter.com/@CascadesDD | twitter.com/@CascadesSD | twitter.com/@CascadesInvest