Norske Skog has decided to extend the consent solicitation deadline for the ongoing recapitalization proposal from 3 October until Thursday 5 October at 17:00 CET. Norske Skog will use the period up to the new expiration deadline to speed up the continued discussions with the various stakeholder groups to try to achieve sufficient support for a consensual recapitalization solution for the Norske Skog group. The Board of Directors will continue to follow and evaluate the situation thoroughly during this period. We need some extra time to align initiatives among the various stakeholders. We believe that the extension of the consent deadline will improve the chances of reaching a solution," said Mr. Christen Sveaas, Chairman of Norske Skogindustrier ASA.
Corporate Responsibility Magazine (CR Magazine) has named Kimberly-Clark to its 20th annual 100 Best Corporate Citizens ranking, recognizing outstanding environmental, social and governance (ESG) transparency and performance amongst the 1,000 largest U.S. public companies.
For Kimberly-Clark, this marks the 11th year that the company has been included in the list.
“At Kimberly-Clark, everything we do is motivated by our vision to lead the world in essentials for a better life,” said Lisa Morden, Vice President for Safety and Sustainability. “Whether through social impact, climate leadership or diversity programs, we know that pursuing outstanding corporate citizenship is not only good for business, it’s great for our employees and the communities where we live and work.”
The 100 Best Corporate Citizens ranking is based on 134 total corporate disclosure and performance factors in seven categories: climate change, employee relations, environment, finance, governance, human rights and stakeholders and society.
“U.S. corporate leadership matters more than ever to drive progress on environmental and social topics like climate change,” said Dave Armon, CEO of 3BL Media, which publishes CR Magazine. “CR Magazine is proud to celebrate 20 years of advancing ESG transparency and performance through the 100 Best Corporate Citizens. Each year, we measure the increasingly competitive progress of brands on ESG topics. Transparency and public commitments make corporate responsibility and sustainability programs stronger. We congratulate those honored on this year’s ranking for their commitment to the triple bottom line.”
Kimberly-Clark’s commitment to corporate citizenship, sustainability and inclusion has maintained the company’s position on the 2019 Just 100 as well as Forbes ‘Best Employers for Diversity 2019, Reputation Institute’s Global RepTrak 100 and Ethisphere Institute’s World’s Most Ethical Companies.
For access to the complete 100 Best Corporate Citizens of 2019 ranking visit: www.triplepundit.com.