WEBVTT 1 00:00:00.000 --> 00:00:02.043 We make investment choices, 2 00:00:02.043 --> 00:00:03.086 I would say the biggest challenge 3 00:00:03.086 --> 00:00:06.673 is to get paid for these choices because there is a cost to being greener. 4 00:00:08.049 --> 00:00:10.885 I’ve been working at Cascades for 30 years now and 5 00:00:10.885 --> 00:00:14.973 for a long time, we were preaching in the desert when it comes to 6 00:00:14.973 --> 00:00:18.059 climate change and the impact of our products. 7 00:00:19.144 --> 00:00:22.564 In the last three or four years, the trend is accelerating. 8 00:00:22.564 --> 00:00:25.108 The discussion is very different. 9 00:00:25.108 --> 00:00:27.777 The major contractors today 10 00:00:27.777 --> 00:00:31.322 ask us about our carbon footprint, ask us for our GHG balance sheets 11 00:00:31.322 --> 00:00:33.450 and they want to know our footprint. 12 00:00:33.450 --> 00:00:37.704 We participate in their scope three in GHGs 13 00:00:37.704 --> 00:00:40.957 and they want to work with sustainable suppliers. 14 00:00:42.000 --> 00:00:46.588 There are clients we were trying to work with for 25 years 15 00:00:46.588 --> 00:00:50.175 that now came to us because we could 16 00:00:50.175 --> 00:00:53.595 offer them a product that others couldn't offer. 17 00:00:55.638 --> 00:01:00.435 We try to have sustainable operations, which therefore consume less energy, less water, 18 00:01:00.435 --> 00:01:02.771 to have sustainable supplies. 19 00:01:02.771 --> 00:01:07.525 Make sure that the people with whom we work reduce their environmental impact. 20 00:01:07.525 --> 00:01:10.528 So we check in with them. and we guide them. 21 00:01:11.029 --> 00:01:14.491 And third, is to produce products 22 00:01:14.491 --> 00:01:17.994 that have an lighter environmental footprint. 23 00:01:17.994 --> 00:01:22.207 That's what really guides our directions in terms of our environmental impact. 24 00:01:23.666 --> 00:01:25.877 It is clear to us that when we make 25 00:01:25.877 --> 00:01:28.963 sustainable development investment projects, 26 00:01:28.963 --> 00:01:32.759 the return on investment might take longer. 27 00:01:33.384 --> 00:01:35.970 If we want to have a long-term impact on the environment, 28 00:01:35.970 --> 00:01:39.140 you have to start today and so we accept 29 00:01:39.140 --> 00:01:42.435 to make investments with returns that will take longer. 30 00:01:44.604 --> 00:01:48.775 If we want to leave a planet to our children and our grandchildren which is sustainable, 31 00:01:49.859 --> 00:01:52.028 there are choices to make now.