MONTREAL, Jan. 8, 2015 (CNW) -Resolute Forest Products Inc. has been awarded The New Economy Magazine's Clean Tech Award in the Best Forest and Paper Solutions category for 2014.
Now in their sixth year, The New Economy's Clean Tech Awards honor and recognize companies around the world whose ideas, achievements, projects and solutions reflect innovation, long-term vision and leadership. Elements considered include research and development initiatives, overall strategy, and sustainability approach and achievements.
"The increased recognition of Resolute's achievements and leadership through designations like Clean50 and Corporate Knights' Best 50, and now The New Economy's Clean Tech Awards, demonstrates our continued and meaningful progress on our sustainability objectives," said Richard Garneau, President and Chief Executive Officer.
The magazine's winter issue announcing the full slate of awards and recipients will be shared with subscribers in North America, Europe and Asia, and distributed at the World Economic Forum in Davos (Switzerland) in late January. Detailed information will also be published on the London-based media company's website.
"Receiving such international recognition reflects the hard work and dedication of all employees at Resolute. We will continue our focus on the three pillars of sustainability - environmental, social and economic. Our commitment to sustainability and our achievements over the past several years provide Resolute with a competitive advantage in the marketplace," added Garneau.
About Resolute Forest Products
Resolute Forest Products is a global leader in the forest products industry with a diverse range of products, including newsprint, specialty papers, market pulp and wood products. The Company owns or operates nearly 40 pulp and paper mills and wood products facilities in the United States, Canada and South Korea, and power generation assets in Canada. Marketing its products in close to 90 countries, Resolute has third-party certified 100% of its managed woodlands to at least one of three internationally recognized sustainable forest management standards. The shares of Resolute Forest Products trade under the stock symbol RFP on both the New York Stock Exchange and the Toronto Stock Exchange.
Resolute and other member companies of the Forest Products Association of Canada, as well as a number of environmental organizations, are partners in the Canadian Boreal Forest Agreement. The group works to identify solutions to conservation issues that meet the goal of balancing equally the three pillars of sustainability linked to human activities: environmental, social and economic.
Resolute is proud to be ranked by Corporate Knights as one of Canada's Best 50 Corporate Citizens for 2014. Corporate Knights is an organization recognized globally for its transparent and objective approach to measuring corporate sustainability performance. Resolute Forest Products and Richard Garneau, president and chief executive officer, have also been named to Canada's Clean50, recognizing leaders who have made the greatest contributions to sustainable development or clean capitalism in Canada.