IPG Demonstrates Leadership in Sustainable Packaging in 2023 Annual Sustainability Report
August 08 2024 - 1:30PM
IPG (Intertape Polymer Group), a leading manufacturer of packaging
and protective solutions, has issued its 2023 sustainability
report, highlighting the company’s achievements and strengthening
its future commitments to create a positive impact. The report,
titled 'Safe, Circular and Responsible,' features IPG's continuing
focus on responsible manufacturing, environmental stewardship, and
the well-being of its workforce by providing a detailed account of
IPG’s sustainability efforts and opportunities for improvement.
"IPG is a leading provider of packaging and protective
solutions, and an invaluable partner to its customers in diverse
end-markets. Sustainability is central to our strategy and is a key
pillar in the design of our products, conduct of our operations,
and the safety and engagement of our teammates," said Pete Durette,
CEO of IPG. "While not easy, our efforts to provide increasingly
sustainable products to our customers are both reducing our
environmental impact and improving our social impacts, and we look
forward to continuing our progress on these commitments in 2024.
Our employees, suppliers and customers are vital partners in our
efforts, and we thank them for their continued support and
partnership."
In 2023, Science Based Targets Initiative (SBTi) commitments
were validated, adding to IPG’s commitment as signatories to The
Climate Pledge, the CEO Water Mandate, the CEO Action for Diversity
and Inclusion (CEO Action Pledge), the United Nations Global
Compact (UNGC), the TRUE Zero Waste program, and the U.S.
Department of Energy (DOE) Better Climate Challenge. IPG's
dedication to accountability and ambitious objectives is evident in
its participation in these agreements, and these efforts highlight
IPG's commitment to sustainable practices.
"Our commitments are the foundation behind our actions. They
help to set the expectation on which our IPG goals are based, and
taken together, are the north star for where our efforts are
focused,” said Jay Bolus, VP of Sustainability at IPG. “Over the
last three years, we have continued to identify and implement
improvements. The sustainability challenge is dynamic, and we
continue our efforts to find creative solutions to meet our
commitments.”
Highlights from the 2023 IPG Sustainability Report include:
- Realized more than 60% of our revenue from products that are
Cradle to Cradle Certified, and from products that are
recyclable/compostable
- Confirmed our science-based target to reduce our carbon
emissions by 42% by 2030
- Achieved a 12% reduction in our Scope 1 & 2 emissions and a
27% reduction in our Scope 3 emissions from the 2021 baseline
- Achieved a record level of safety performance across our
sites
- Received numerous recognitions for our sustainability
performance, as highlighted throughout this report
For information about the Company, visit
www.itape.com. IPG’s full 2023 Sustainability Report is
available at https://www.itape.com/sustainability
About IPG Headquartered in Sarasota, Florida,
IPG is a global provider of packaging and protective solutions
across a diversified set of geographies and end-markets. The
Company develops, manufactures, and sells a variety of solutions
including paper and film-based pressure-sensitive and
water-activated tapes, stretch and shrink films, protective
packaging, woven and non-woven products and packaging machinery.
For information about the IPG, visit www.itape.com.
Cradle to Cradle Certified® is a registered trademark of the
Cradle to Cradle Products Innovation Institute.
FOR FURTHER INFORMATION CONTACT:Jay BolusVP,
SustainabilityIPGjbolus@itape.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/3a26dd90-4a2e-4933-8fda-5a844abe2bde