Tuesday, 19 February 2013 10:33

Cascades Receives the Prestigious Korn/Ferry – Les Affaires Award

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logo casCascades Inc., 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 "Corporate" category.

"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 Alain Lemaire.

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.

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