IPG Demonstrates Leadership in Sustainable Packaging in 2023 Annual Sustainability Report

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SARASOTA, Fla., Aug. 8, 2024 (GLOBE NEWSWIRE) — IPG (Intertap Polymer Group), a leading manufacturer of packaging and protection solutions, has released its 2023 Sustainability Report, highlighting the company’s achievements and reinforcing its future commitments to creating positive impact. Titled “Safe, Circular, Responsible,” the report highlights IPG’s continued 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.

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“IPG is a leading provider of packaging and protection solutions and an invaluable partner to our customers across end markets. Sustainability is a core element of our strategy and is a cornerstone of our product design, our operations, and the safety and engagement of our teammates,” said Pete Durrett, CEO of IPG. “While challenging, our efforts to provide increasingly sustainable products to our customers reduce our environmental impact and improve our social impact, and we look forward to continuing to advance 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, the Science-Based Targets Initiative (SBTi) commitments were validated, adding to IPG’s commitment as a signatory to the Climate Pledge, the CEO Water Mandate, the CEO Action Initiative 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’s (DOE) Better Climate Challenge. IPG’s dedication to accountability and ambitious goals is evident in its participation in these agreements, and these efforts highlight IPG’s commitment to sustainable practices.

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“Our commitments are the foundation behind our actions. They help set the expectations on which our goals are based, and together they form the polar star around which we focus our efforts,” said Jay Boles, IPG’s vice president of sustainability. “Over the past three years, we have continued to identify and implement improvements. The sustainability challenge is dynamic, and we continue to find creative solutions to meet our commitments.”

Highlights from IPG’s 2023 Sustainability Report include:

• We generate over 60% of our revenue from Cradle to Cradle certified products and recyclable/compostable products.
• We confirmed our scientific goal of reducing carbon emissions by 42% by 2030.
• We achieved a 12% reduction in our Scope 1 and 2 emissions and a 27% reduction in our Scope 3 emissions from our 2021 baseline.
• We have achieved a record level of safety performance at all our sites.
• We have received numerous accolades for our sustainability performance, as highlighted in 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

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About IPG
Headquartered in Sarasota, Florida, IPG is a global provider of packaging and protection solutions across a variety of geographies and end markets. The company develops, manufactures and sells a diverse range of solutions including pressure-sensitive and water-activated paper and film tapes, stretch and shrink films, protective packaging, woven and nonwoven products, and packaging machinery. For information about IPG, visit www.itape.com.

Cradle to Cradle Certified® is a registered trademark of Cradle to Cradle Products Innovation Institute.

For more information contact:
Jay Paulus
Vice President of Sustainability
APG
jaboulos@itape.com

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