KINGSEY
FALLS, QC, Sept. 10, 2024 /PRNewswire/
- Cascades Inc. (TSX: CAS) welcomes the report published today
by Recyc-Québec and Circle Economy and urges businesses and
consumers to embrace the circular economy.
"Founded in 1964 by the Lemaire brothers on the simple idea of
creating something new out of something old, Cascades was one of
the first companies to make the circular economy its business
model, using recycled materials to manufacture its products," said
Hugues Simon, President and CEO of
Cascades. "Even today, our forest is urban: it is in the recycling
bins of citizens, businesses and institutions. In fact, over 82% of
the material we use to make our products is recycled. Every year,
we reduce the pressure on natural resources by diverting 1.8
million metric tons of recyclable fibers from landfills. By buying
local and promoting recycled products, citizens and businesses can
make a difference," underlined the President and CEO of Cascades,
Hugues Simon.
The report published today by Recyc-Québec and Circle
Economy shows that the current economic model goes beyond the
limits deemed safe for the planet. It also establishes that by
moving toward a circular economy, and in particular by promoting
the use of recycled content, Québec could reduce its greenhouse gas
(GHG) emissions by up to 45%.
"By choosing to favour recycled content, Cascades is not only
supporting the circular economy, but also helping to reduce its
greenhouse gas emissions," said Hugo D'Amours, Vice-President,
Communications, Public Affairs and Sustainable Development. "In
2023, we generated 41% fewer emissions than the industry average, a
fact we are very proud of. We are committed to further reducing our
environmental footprint while providing our customers with
packaging and hygiene products that have the smallest possible
footprint."
Founded in 1964, Cascades offers sustainable, innovative and
value-added solutions for packaging, hygiene and recovery needs.
The company employs 10,000 women and men, who work in a network of
nearly 70 production units in North
America. Driven by its management philosophy, half a century
of experience in recycling, and continuous research and development
efforts, Cascades continues to provide innovative products that
customers have come to rely on, while contributing to the
well-being of people, communities and the entire planet. Cascades'
shares trade on the Toronto Stock Exchange under the ticker symbol
CAS.
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SOURCE Cascades Canada ULC.