MONTREAL — Corporate Knights released its annual list of 100 most sustainable corporations on Jan. 19, ranking TC Transcontinental No. 16. Known for its flexible packaging and printing capabilities, the company also ranked first in the packaging industry.
TC Transcontinental stood out, according to Corporate Knights, for its high percentage of clean revenue from eco-responsible products, clean investment practices and gender diversity among its Board of Directors and management.
“I am proud of TC Transcontinental’s strong values, our coworkers’ commitment to build a sustainable future and the role we are playing in creating a circular economy for plastics,” said Peter Brues, president and chief executive officer, TC Transcontinental. “We will continue to invest significantly in research and development that accelerates the development and commercialization of sustainable packaging and ensures that we meet the targets we set as part of the Ellen MacArthur Foundation’s New Plastics Economy Global Commitment.”
TC Transcontinental has made steps towards corporate social responsibility, including:
- Expanding its vieVERTe product line to feature compostable, 100% recyclable and post-consumer resin packaging
- Investing more than $10 million in research and development toward more sustainable packaging
- Opening four state-of-the-art labs to test packaging performance and efficiency at its ASTRA Center in Menasha, Wis.
- Reaching 31% of women in leadership roles throughout its packaging, printing and media sectors
“This recognition highlights the effectiveness, rigor and scope of the work accomplished in corporate social responsibility by our operating teams and around the board table,” said lsabelle Marcoux, chair of the board, TC Transcontinental. “In line with our corporate values, corporate social responsibility is an integral part of our long-term vision, and the board ensures that it oversees and supports the actions driven by our strong corporate strategy and governance. As our 2019-2021 corporate social responsibility plan draws to a close, our people are working to develop new, even more ambitious targets, anchored in our vision of sustainable growth and in line with our stakeholders’ expectations.”
Corporate Knights’ 100 Most Sustainable Corporations list analyzes 6,914 organizations with more than $1 billion in revenue. The organization evaluates each corporation on percentage of clean revenue, resource and employee management, financial management and diversity.
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