Resolute Forest Products Inc., locked in a court battle with the Rainforest Alliance over failed FSC certification audits, was recently named to Corporate Knights' Best 50 Corporate Citizens List for 2014.
Resolute Forest Products Inc. held its annual general meeting of stockholders in Saint-Félicien, Quebec. A total of 84,271,754 common shares, or 89.1% of the outstanding shares, were voted at the meeting.
The Rainforest Alliance expressed its disappointment over Resolute Forest Products' decision to file a lawsuit over RFP's failed Forest Stewardship Council certification audits conducted by the Rainforest Alliance.
The Rainforest Alliance issued a statement noting its disappointment that Resolute Forest Products has taken court action after failing a pair of FSC certification audits conducted by the Rainforest Alliance.
Resolute Forest Products has filed a lawsuit against the Rainforest Alliance over what RFP views as a "biased" and unfairly critical environmental audit of two of its operations in northern Ontario.
Resolute Forest Products Inc. reported a net loss for the quarter ended March 31, 2014, excluding special items, of $26 million, or $0.27 per share, down from net income, excluding special items, of $28 million, or $0.30 per share, in the first quarter of 2013.