KINGSEY FALLS, QC, Sept. 24, 2013 /CNW Telbec/ - Today, Cascades revealed its three-year plan, which provides the framework for the company's efforts in respect of sustainable development for 2013-2015. The document, diligently developed by a steering committee and based on consultations with Cascades' stakeholders, comprises nine issues, each of which has been attributed a performance indicator and a goal.
Cascades' 2013-2015 Sustainable Development Plan is a continuation of the previous plan, which was in effect from 2010 to 2012. "Our 2010-2012 plan was a first for Cascades, and it has likely set a precedent within the industry," explains Mario Plourde, President and Chief Executive Officer of Cascades. "We are very proud of our accomplishments to date, and we are pleased to have the opportunity to incorporate the lessons we learned in our second plan, which is better adapted to our sector."
Maintaining a leadership position in sustainable development
With this renewed approach, Cascades hopes to strengthen its leadership position in respect to responsible business practices and focus its efforts on nine issues: energy, waste, water, sustainable procurement, innovation, financial performance, health and safety, employee mobilization, and community involvement. "This is a successful transition toward more tangible objectives that are better aligned with Cascades' operational and financial orientations, and we look forward to meeting this new challenge," adds Alain Lemaire, Executive Chairman of the Board. "Our stakeholders played a key role in helping to define the nine objectives in the 2013-2015 plan. We would like to extend a special thank you to our employees, who are extraordinarily well motivated, and who are already at work on our new objectives," concludes Lemaire.
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 modern and versatile production units 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.
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