Korn/Ferry - Les Affaires Award Recognizes Cascades’ Ethical Practices, Governance

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Cascades Inc., Kingsey Falls, Que., Canada, a producer of green packaging and tissue products, has been named 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 honored 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 captured 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 CEO 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 of the company's stakeholders including clients, suppliers, employees, shareholders, local communities, and environmental groups.