Paper Excellence Once Again Amongst Corporate Knights Best 50 Corporate Citizens

For Immediate Release:

[Richmond, BC] – Paper Excellence today announced it has once again been voted one of Canada’s 2022 Best 50 corporate citizens by Corporate Knights. This is the fifteenth time that the company has achieved the Best 50 Award with Corporate Knights. 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.

“Receiving this award again from Corporate Knights is a tremendous honour, and really speaks to the work Paper Excellence employees do to keep our operations sustainable and environmentally friendly,” said Graham Kissack, VP of EHS & Corporate Communications for Paper Excellence Canada.

85% of Paper Excellence’s total energy use was renewable in 2021, and the company has continued to reduce its greenhouse gas emissions—now down by 66% since 1990. 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 found in the recently released 2021 Sustainability report.

Further information on the Corporate Knights Best 50 Award program can be found here.

-30-

Paper Excellence, headquartered in British Columbia, is a diversified manufacturer of pulp and specialty, printing, writing, and packaging papers. The company operates seven mills and a large-scale cargo distribution centre in Canada producing and shipping over 2.8 million tonnes annually with a workforce of more than 2,800. Paper Excellence is poised to continue to grow with its strategy of operational excellence and high-quality, cost-effective products.

Media Contact:         media@paperexcellence.com

Graham Kissack, VP, EHS and Communications

                                    mobile – (250) 732-7991