Cascades Secured SBTi Nod for GHG Emission Reduction Targets

SEATTLE (Scrap Monster): Cascades Inc. announced that the Science Based Targets initiative (SBTi) has approved its greenhouse gas (GHG) emission reduction targets. The approval suggests that the targets submitted by the company are in line with the methodology developed by the SBTi partnership. With this, Cascades has joined the global movement of companies committed to climate action.

The company had released a Sustainability Action Plan in June, in which it had reiterated its commitment to reduce the Scope 1 and 2 greenhouse gas emissions intensity at its mill by 38.7% and from other emission sources, including its converting plants, by 27.5%. Also, it had committed to reduce its Scope 3 greenhouse gas emissions intensity by 22%.

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Cascades plans to implement a series of in-plant projects, increase its renewable energy consumption and boost engagement with players in its supply chain.

Mario Plourde, President and Chief Executive Officer of Cascades noted that the alignment with the SBTi methodology will help in reducing the impacts of its activities and offering innovative products with low-carbon footprint. The company has reduced the intensity of its emissions by 50% since 1990, he noted.