MONTREAL, CANADA (NYSE: IQW) announced today that it has
achieved Chain of Custody Certification for the world's three
leading forest management programs. These are the Forest
Stewardship Council (FSC), Sustainable Forestry Initiative (SFI)
and the Program for the Endorsement of Forest Certification (PEFC).
This milestone sets Quebecor World first, among the top North
American printers, to offer these three progressive chain of
custody certification programs.
"These chain of custody certifications will be of particular
value to our customers who can now publicly signify that their
products are produced from well-managed forests. At Quebecor World,
we recognize we have a duty to all of our stakeholders to combine
economic growth with sustainable development in our daily
activities. We are proud to be the first major printer to receive
all three certifications at all of our North American facilities,"
said Jacques Mallette President and CEO, Quebecor World.
"Our customers have been seeking a full service printing partner
that combines excellence in asset management, prepress, printing,
distribution, and solid environmental practices. With this
certification in place Quebecor World successively establishes a
link between partnership opportunity and industry best practices,"
said Peter Wilson, VP North American Paper Procurement & Supply
Chain.
Forest certification is a way to promote responsible and
verifiable forestry practices and provide independent third-party
assurance that a forestry operation meets standards set by a
certification program. Chain of custody is the path by which
products are tracked from the forest to the consumer, including all
manufacturing, transportation, and distribution links. Chain of
custody certification assures customers the certified goods they
buy are the products of a well-managed forest.
"Quebecor World has been engaged with the Rainforest Alliance
and FSC certification since 2005, when we first certified several
of its operations," said Wolfram Pinker, managing director of the
Rainforest Alliance's SmartWood program. "The growth of its FSC
certification from 15 sites to now a total of 54 sites demonstrates
the company's increasing commitment to sustainability and gives
them one of the largest FSC Chain-of-Custody certifications in
North America."
"Demand for forest products from legal and sustainable forests
are increasing worldwide and with today's announcement Quebecor
World joins a growing number of companies that are certifying to
SFI as a means to meet environmental commitments and market
demand," said SFI CEO and President Kathy Abusow. "By certifying
its operations to multiple standards such as SFI and PEFC, Quebecor
World is able to increase its global reach and provide its
customers with a steady supply of products of SFI certified
products."
"Quebecor World's commitment to chain-of-custody certification
through PEFC places it at the forefront of environmental
procurement and gives it access to a global supply chain," said Ben
Gunneberg, general secretary of PEFC, which is a globally
recognized organization that endorses national and regional
certification programs, including SFI.
The three chain of custody certifications were awarded to all
fifty-four (54) of Quebecor World's US and Canadian printing
locations following a stringent systematic 3rd party audit of the
company's procurement practices and control systems by both the
Rainforest Alliance's SmartWood Program and PriceWaterhouseCoopers
Chain of Custody Certification Program.
Forward looking statements
This press release may include "forward-looking statements" that
involve risks and uncertainties. All statements other than
statements of historical facts included in this press release,
including statements regarding the prospects of the industry and
prospects, plans, financial position and business strategy of
Quebecor World Inc. (the "Company"), may constitute forward-looking
statements within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995 and Canadian securities legislation
and regulations. Forward-looking statements generally can be
identified by the use of forward-looking terminology such as "may,"
"will," "expect," "intend," "estimate," "anticipate," "plan,"
"foresee," "believe" or "continue" or the negatives of these terms
or variations of them or similar terminology. Although the Company
believes that the expectations reflected in these forward-looking
statements are reasonable, it can give no assurance that these
expectations will prove to have been correct. Forward-looking
statements do not take into account the effect that transactions or
non-recurring or other special items announced or occurring after
the statements are made have on the Company's business. For
example, they do not include the effect of dispositions,
acquisitions, other business transactions, asset writedowns or
other charges announced or occurring after forward-looking
statements are made.
Investors and others are cautioned that undue reliance should
not be placed on any forward-looking statements. For more
information on the risks, uncertainties and assumptions that could
cause the Company's actual results to differ from current
expectations, please refer to the Company's public filings
available at www.sedar.com, www.sec.gov and www.quebecorworld.com.
In particular, further details and descriptions of these and other
factors are disclosed in the "Risks and Uncertainties related to
the Company's business" section of the Company's Management's
Discussion and Analysis for the year ended December 31, 2006, and
the "Risk Factors" section of the Company's Annual Information Form
for the year ended December 31, 2006.
The forward-looking statements in this press release reflect the
Company's expectations as of January 8, 2008 and are subject to
change after this date. The Company expressly disclaims any
obligation or intention to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, unless required by the applicable securities
laws.
About Quebecor World
Quebecor World Inc. (TSX: IQW)(NYSE: IQW) is a world leader in
providing high-value, complete marketing and advertising solutions
to leading retailers, catalogers, branded-goods companies and other
businesses with marketing and advertising activities, as well as
complete, full-service print solutions for publishers. The Company
is a market leader in most of its major product categories, which
include advertising inserts and circulars, catalogs, direct mail
products, magazines, books, directories, digital premedia,
logistics, mail list technologies and other value-added services.
Quebecor World has approximately 28,000 employees working in more
than 115 printing and related facilities in the United States,
Canada, Argentina, Austria, Belgium, Brazil, Chile, Colombia,
Finland, France, India, Mexico, Peru, Spain, Sweden, Switzerland
and the United Kingdom.
Web address: www.quebecorworld.com
Contacts: Quebecor World Inc. Tony Ross Vice President,
Communications 514-877-5317 800-567-7070 Quebecor World Inc. Roland
Ribotti Vice President, Investor Relations and Assistant Treasurer
514-877-5143 800-567-7070
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