Cascades Inc. Emerges as a Global Leader in Sustainability for the Sixth Consecutive Year
Cascades Inc.: A Beacon of Sustainability
Cascades Inc. has made headlines once again as it secures a spot among the Global 100 Most Sustainable Corporations for the sixth consecutive year. This prestigious recognition comes from Corporate Knights, a media and research firm known for its commitment to sustainability reporting.
Ranking Details
In its latest ranking, Cascades is proud to be named the top company in the Containers and Packaging sector while being positioned 59th globally. The announcement aligns with the World Economic Forum held in Davos, showcasing innovative corporations that successfully blend environmental, social, and governance (ESG) factors with business achievements. The methodology for this ranking incorporates a comprehensive analysis of 25 performance indicators, evaluated across 8,359 companies with annual revenues exceeding a billion dollars.
Commitment to a Sustainable Future
Cascades' remarkable achievements in the sustainability arena can be attributed to its robust circular economy model. The company excels in harnessing sustainable revenue through the production of goods made from recycled or certified fibers. Notably, its sustainable investments, particularly in research and development and capital expenditures, reflect its dedication to responsible practices. Furthermore, Cascades is committed to social governance, as evidenced by employee benefits and executive compensation being linked to sustainability milestones. The company's efforts to enhance female representation on its Board of Directors have also been commendable.
Gender Equity Recognition
Another highlight for Cascades is the retention of its Silver Parity Certification from Women in Governance. This award underscores the company's commitment to gender equity in the workplace and illustrates the high-quality practices it upholds in promoting diversity and inclusion.
Innovative Products Recognition
In addition to its achievements in sustainability, Cascades has gained accolades for its innovative products. The Cascades FRESHGUARD EnVision™, a cutting-edge solution for egg packaging, recently clinched the GOOD DESIGN® Award 2024 and the Big Innovation Award 2025. These honors underscore the product's efficient design, sustainability, and overall value to customers and communities alike.
Words from Leadership
Hugues Simon, President and CEO of Cascades, expressed pride in these achievements: _“We are honored to make the Global 100 ranking of the world's 100 most sustainable corporations for the sixth year in a row. This recognition reflects our unwavering commitment to sustainable and responsible practices, which are an integral part of our business strategy.”_ He further emphasized the significance of retaining the Silver Parity Certification and winning awards for innovative solutions, reinforcing the belief that their operational approach respects both the planet and the communities they serve.
A Legacy of Innovation
Founded in 1964, Cascades has continually provided innovative and sustainable solutions in packaging, hygiene, and recovery. The company prides itself on employing 10,000 people across nearly 75 production units in North America, driven by decades of expertise in recycling and a commitment to research and development. The work done by Cascades reflects a dedication to fostering well-being in communities and the overall health of our planet, ensuring their customers receive products that meet evolving environmental standards.
In conclusion, Cascades Inc. stands as a testament to the impact business can have on sustainable development. By committing to socially responsible practices, innovative product designs, and gender equity, it paves the way for a better future, not just for its stakeholders but for the planet as a whole.