MONTREAL, June 4, 2014 /CNW Telbec/ - Resolute Forest Products Inc.
(NYSE: RFP) (TSX: RFP) has been named to Corporate Knights' Best 50
Corporate Citizens List for 2014.
"Resolute employees have worked hard to put our sustainability
principles at the heart of every decision we make," said Richard
Garneau, President and Chief Executive Officer. "By carefully balancing
environmental, social and economic priorities, Resolute is becoming a
more efficient operator, a better employer, and a stronger partner for
customers and communities."
For the Best 50 designation, Corporate Knights measures companies across
twelve key performance indicators using publicly available data,
covering the management of resources, employees and financials.
Specific indicators include: energy and water use; greenhouse gas
emissions; leadership gender diversity and "clean capitalism" executive
pay link. Corporate Knights is recognized globally for its transparent
and objective approach to measuring corporate sustainability
Some of Resolute's recent sustainability accomplishments include:
Closing in, ahead of schedule, on the goal the Company set as a member
of the World Wildlife Fund (WWF) Climate Savers program to reduce
greenhouse gas (GHG) emissions by 65% by 2015, compared to 2000 levels.
Resolute's 65% goal is an industry-leading GHG reduction target and
represents the equivalent of taking 1.57 million cars off the road.
Maintaining 100% third party certification of the Company's managed
woodlands to one or more of the three internationally-recognized
sustainable forest management standards.
Expanding the Company's Align® family of environmentally responsible papers that use up to 50 percent
less fiber and have an environmental footprint up to 85 percent smaller
than its competitors.
Partnering with First Nations in the Company's operating communities. In
2013, Resolute's Opitciwan (Quebec) joint-venture sawmill was awarded
the Aboriginal Forest Products Business Leadership Award by the Forest
Products Association of Canada and the Canadian Council for Aboriginal
Business. Resolute also recently celebrated the 10th anniversary of its
Thunder Bay sawmill, a unique partnership between Resolute and the Fort
William First Nation.
A 2013 Occupational Safety and Health Administration (OSHA) incident
rate of 1.02, which is considered world class.
"I am proud of what Resolute and our employees have accomplished,"
continued Richard Garneau. "We are honored that Resolute made the Best
50 list. This recognition speaks to our ongoing efforts to be a
sustainable supplier of choice for our customers and a strong civic
partner in the communities where we live and work."
About Resolute Forest Products
Resolute Forest Products is a global leader in the forest products
industry with a diverse range of products, including newsprint,
specialty papers, market pulp and wood products. The Company owns or
operates nearly 40 pulp and paper mills and wood products facilities in
the United States, Canada and South Korea, and power generation assets
in Canada. Marketing its products in close to 90 countries, Resolute
has third-party certified 100% of its managed woodlands to at least one
of three internationally recognized sustainable forest management
standards. The shares of Resolute Forest Products trade under the stock
symbol RFP on both the New York Stock Exchange and the Toronto Stock
Resolute and other member companies of the Forest Products Association
of Canada, as well as a number of environmental organizations, are
partners in the Canadian Boreal Forest Agreement. The group works to
identify solutions to conservation issues that meet the goal of
balancing equally the three pillars of sustainability linked to human
activities: environmental, social and economic.
SOURCE: Resolute Forest Products Inc.
For further information:
Rémi G. Lalonde
Vice President, Investor Relations
Media and Others
Xavier Van Chau
Director, Communications and Corporate Social Responsibility