Large Business Awards 2017

, Resolute owns or operates over 40 pulp, paper, tissue and wood products facilities in the United States, Canada and South Korea, as well as power generation assets in Canada and the United States. Marketing its products in close to 80 countries, the firm has third-party certified 100% of its managed woodlands to internationally recognized sustainable forest management standards. Sustainability is a core focus of the company, as Richard emphasises. “At Resolute, we believe that sustainability helps us build and enhance our competitiveness and long-term profitability. The relationship between sustainability and financial performance is reflected in our company’s vision, our corporate values and the way we do business every day. We balance the three pillars of sustainability – environmental, social and economic – to become not only a more efficient company, but a better employer, a stronger partner for our customers and more deeply engaged in the communities in which we live and work. “More broadly, we know that Resolute can positively contribute to ensuring a long- Best Forest Products Provider - North America Resolute Forest Products is a global leader in the forest products industry with a diverse range of products, includingmarket pulp, wood products, tissue, newsprint and specialty papers. We invited Richard Garneau, President and CEO, to tell us more. term and sustainable forest products industry by proactively communicating the importance of a balanced approach to the three pillars of sustainability, and by building solid relationships with a broad range of stakeholders.” Fundamentally, Resolute’s long- term competitiveness is strongly linked to attracting, developing and retaining top talent, as Richard explains. “In order to meet our continued needs and build a sustainable future, during 2015 we hired 1,250 employees and are on target to hire over 2,000 new employees by 2018. We are committed to building a workplace where our employees can learn, grow and contribute by implementing new human resource practices to ensure employee retention and workforce renewal.” Moving forward, Richard is confident of a sustainable and successful future for the firm as it seeks to build upon its current success. “Ultimately, the future of our company is in our hands. By empowering people, acting with integrity, setting goals and measuring progress, we deliver first-class products and services to customers and create value for shareholders. Looking ahead, we are following through on our strategy of building the Resolute of the future – one that is both profitable and sustainable. We continue to apply our principles of operational excellence to our synergistic and diversified asset base. Our business strategy also involves a gradual retreat from certain paper grades toward more sustainable long-term businesses. “In the short term, we will maintain a rigorous focus on reducing costs and continue to optimize production across our network, while adjusting to market dynamics and working to capitalize on our economic access to international markets. In the longer term, Resolute will maintain a conservative capital structure focused on spending our capital in a disciplined, strategic and focused manner, concentrating on our most successful sites and maintaining our strong financial position and financial flexibility. By taking an opportunistic approach, the company is able to pursue initiatives that improve our cost position, advance product diversification, generate synergies or allow us to expand into future growth markets, while also positioning Resolute for the long-term evolution of the forest products industry.” N