August 20, 2007 18:58 ET

RONA Clarification Following Publication of Greenpeace Document

BOUCHERVILLE, QUEBEC--(Marketwire - Aug. 20, 2007) - RONA (TSX:RON), the largest Canadian distributor and retailer of hardware, home renovation and gardening products, has been made aware of a document published earlier today by Greenpeace and wishes to make the following clarification.

Sustainable development has long been a priority at RONA. The Company has a responsible purchasing policy that applies to all of its products. With respect to forest products, the Company does not buy any product derived from endangered species and favours the purchase of products that bear Forest Stewardship Council (FSC), Canadian Standards Association (CSA) and Sustainable Forestry Initiative (SFI) as well as ISO 14001 certifications. Furthermore, RONA ensures that all of the goods it procures, whether forest products or other, have been produced in conditions that respect human rights and the environment. RONA applies these principles in its choice of suppliers, sub-contractors and other business partners.

In addition, RONA is the Canadian pioneer in the recycling of paint, having participated in the establishment of the first such program ten years ago.

Ethics and responsibility are central to RONA's business decisions, and have been so since the Company was founded.


As announced in early 2007, RONA is currently conducting an exhaustive review of its sustainable development practices. This review is part of the process of developing a strategic plan for sustainable development. The main components of the plan will be made public at the end of October.

For the past few months, RONA has been in communication with several interest groups, including Greenpeace, to discuss the issue of Canadian forest practices. RONA has always promoted dialogue among interest groups, including Greenpeace, and leading stakeholders in the forest industry. That is why RONA met with Greenpeace representatives and facilitated their access to senior management of Canadian producers of forest products.

RONA intends to continue the dialogue with Greenpeace and other players in the Canadian forest industry.


RONA is the largest Canadian distributor and retailer of hardware, home renovation and gardening products. RONA operates a network of 671 franchise, affiliate and corporate stores of various sizes and formats. With over 26,000 employees working under its family of banners in every region of Canada and more than 14 million square feet of retail space, the RONA store network generates close to $6 billion in annual retail sales.

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