Paper Excellence Announces Corporate Knights Best 50 Win for Catalyst

BEST 50 Corporate Citizens

RICHMOND, BC – Paper Excellence Canada today announced that Catalyst Paper Corporation (wholly owned by Paper Excellence) has been voted amongst Canada’s Best 50 corporate citizens by Corporate Knights. This is the thirteenth time that Catalyst Paper, which operates pulp and paper facilities in Crofton, Port Alberni, and Powell River, British Columbia, has achieved the Best 50 Award with Corporate Knights.

The Best 50 Award is judged using 21 key performance indicators that relate to the organization’s raw resource use, emissions profile, innovation, women in key positions, safety performance, and percentage of revenue from clean sources. Paper Excellence’s VP of Environment, Health and Safety, Graham Kissack, said “We’re extremely proud to be part of this group of leading Canadian companies demonstrating that sustainable business practices can be both profitable while offering long term stability and protection of our ecosystems.”

In 2019, Catalyst Paper achieved a 74% reduction of its greenhouse gas emissions relative to 1990 while using an energy basket made up of over 90% renewables. 42% of the organization’s solid waste is beneficially reused or recycled while over 22% of its electricity comes from self- generated green power. Catalyst Paper’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 on the Corporate Knights Best 50 Award program can be found at https://www.corporateknights.com/reports/best-50/

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Paper Excellence, headquartered in British Columbia, is a diversified manufacturer of pulp and specialty, printing and writing, and packaging papers that operates 9 facilities in Canada and France producing over 3.6 million tonnes annually with a workforce of over 3,500 strong. Paper Excellence is poised to continue to grow with its strategy of operational excellence and high- quality, cost-effective products.

Media Contact: Graham Kissack, VP, EHS and Communications mobile – (250) 732-7991