Paper Excellence announced it has been voted one of Canada’s 2021 Best 50 corporate citizens by Corporate Knights.
According to a media release, this is the 14th time the company has achieved the Best 50 award. Previous awards were presented to Catalyst Paper, which is now wholly owned by Paper Excellence. Paper Excellence operates six pulp and paper facilities in BC and Saskatchewan, including Powell River.
According to the release, 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, stated vice-president environment, health and safety and corporate communications Graham Kissack. “In a world awash with plastic waste, we see a bright future for our sustainably sourced and fully recyclable pulp and paper products.”
In 2020, Paper Excellence achieved a 60 per cent reduction of its greenhouse gas emissions relative to 1990, while using an energy basket made up of over 84 per cent renewables, the release stated. Additionally, 33 per cent of the organization’s solid waste is beneficially reused or recycled, while more than 53 per cent of its electricity comes from self-generated green power.
The release stated that 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).
Further information about Paper Excellence’s corporate responsibility can be at paperexcellence.com/responsibility/sustainability.
Further information on the Corporate Knights Best 50 Award program can be found at corporateknights.com/reports/best-50.