KINGSEY
FALLS, QC, Nov. 30, 2022 /PRNewswire/ - Five years
ago today, Cascades announced the launch of a unique and innovative
transportation electrification program for its employees. Today,
the company is making a positive assessment of the program as 350
employees have chosen to drive electric since the launch. The
program continues to generate great interest from employees and
other organizations inspired by this initiative. It is still in
effect and continues to be deployed throughout our operations.
Charging stations and financial
assistance
The program consists of progressively deploying charging
stations on our sites and offering financial assistance of up to
$2,000 when purchasing or leasing a
new or used plug-in vehicle, in hopes of removing barriers to
acquiring an electric vehicle. To date, 117 Level 2 (240V) charging
stations have been installed throughout our sites in Quebec and Ontario. Additionally, a Level 3 (400V) fast
charging station has been installed at our Kingsey Falls head office for the community;
the first free fast charging station installed on a private
site.
"True to its values and concerned about reducing its
environmental footprint, Cascades is proud to have given life to an
employee's suggestion to deploy a program helping employees go
electric and thus reducing the company's indirect emissions. This
initiative is in addition to the many other actions taken by the
company to achieve aggressive GHG reductions aligned and approved
by the Science Based Targets Initiative (SBTi)," said Mario Plourde, President and Chief Executive
Officer of Cascades.
The deployment across our other Canadian sites (Manitoba and British
Columbia) will be completed in a few weeks and will then
continue at our American sites (where electrification allows for a
significant reduction in greenhouse gas emissions). In addition,
Cascades continues to promote public transportation and carpooling
among its employees.
Founded in 1964, Cascades offers sustainable, innovative and
value-added packaging, hygiene and recovery solutions. The company
employs approximately 10,000 women and men across a network
close to 80 facilities in North
America. Driven by its participative management, 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 Inc.