Paper Excellence Announces Corporate Knights Best 50 Win

Paper Excellence today announced it has been voted one of Canada’s 2021 Best 50 corporate citizens by Corporate Knights. This is the fourteenth time that the company has achieved the Best 50 award with Corporate Knights. (Previous awards were presented to Catalyst Paper which is now wholly owned by Paper Excellence.) Paper Excellence operates six pulp and paper facilities in British Columbia and Saskatchewan.

The Best 50 award is judged using key performance indicators that relate to the organization’s raw resource use, emissions profile, social performance, safety performance, and percentage of revenue from clean sources.

“We continue to be proud of our long association with Corporate Knights and their 50 Best program. In a world awash with plastic waste, we see a bright future for our sustainably sourced and fully recyclable pulp and paper products,” said Graham Kissack, Vice President, Environment, Health & Safety and Corporate Communications.

In 2020, Paper Excellence achieved a 60% reduction of its greenhouse gas emissions relative to 1990 while using an energy basket made up of over 84% renewables. 33% of the organization’s solid waste is beneficially reused or recycled while over 53% of its electricity comes from self-generated green power. Paper Excellence’s products are certified to numerous independent sustainable forestry standards including the Forest Stewardship Council (FSC), Programme for the Endorsement of Forest Certification (PEFC), and the Sustainable Forestry Initiative (SFI).
https://paperexcellence.com/paper-excellence-announces-corporate-knights-best-50-win/

Related Posts

Resolute Announces $50 million in Lumber Investments

Resolute Forest Products Inc. announced additional capital investments of $50 million in its wood products operations to support its continued growth, and it confirmed the repayment of all amounts outstanding under its revolving and term credit facilities, reducing debt by $180 million in the second quarter. The additional $50 million in wood products investments include: $22 million to modernize equipment at the Senneterre (Quebec) sawmill, which will enhance overall efficiency and productivity of the Abitibi regional operations; $13 million at the Thunder Bay / Fort William First Nation (Ontario) sawmill to increase capacity by up to 40 million board feet with new equipment and modifications to the fiber flow; and $15 million at the Glenwood (Arkansas) and Cross City (Florida) sawmills to support fiber optimization and overall efficiency. The Cross City investment will also increase capacity by up to 20 million board feet. Each of these projects will serve to generate additional value from Resolute's wood products segment across market cycles.

Verso Corporation Announces Sale of Duluth, Minnesota, Mill

Verso Corporation announced the completion of the sale of the company's closed mill in Duluth, Minnesota, to ST Paper 1, LLC, effective May 13, 2021. "Since the idling of the Duluth Mill in July 2020, we have been working diligently to find a viable and sustainable alternative for the Duluth Mill," said President and Chief Executive Officer Randy Nebel. "We are pleased to have found a buyer who plans to operate the Duluth Mill in the future, providing local employment opportunities and serving the local business community and residents of the Duluth area."

Port Hawkesbury Paper Mill Update

For the past several weeks we have faced challenging market conditions, similar to our competitors. In response to the market, Port Hawkesbury Paper has decided to curtail production beginning at 7am on Sunday, July 16th and span through to 7am on Sunday July 23, 2017. No deliveries will be impacted as a result of the curtailment and we anticipate full operation for the balance of the year.
Back To Top
×Close search
Search