SARASOTA, Fla., July 25, 2023 (GLOBE NEWSWIRE) -- IPG (Intertape Polymer Group) a leading manufacturer of packaging and protective solutions, has issued its 2022 sustainability report, unveiling the company's achievements and reinforcing its future commitments to create a positive impact through materials and manufacturing. The report, titled 'Safe, Circular and Responsible,' underscores IPG's unwavering dedication to responsible manufacturing, environmental stewardship, and the well-being of its workforce by providing a detailed account of IPG's sustainability efforts and areas for improvement.
"We are proud to reflect on the transformative year of 2022, which marked a significant milestone for IPG as we transitioned from a publicly traded to a privately held company through a strategic acquisition led by an affiliate of Clearlake Capital Group, L.P. in June 2022. This shift set the stage for a new chapter of growth and opportunity. I joined IPG in November, as the new CEO, and renewed our commitment to sustainability including the CEO Water Mandate, CEO Action for Diversity and Inclusion, and our steadfast support for the United Nations Global Compact," said Pete Durette, CEO of IPG. "Our resolve remains unyielding in our pursuit to minimize our environmental footprint, nurture the well-being of our valued employees and communities, and deliver sustainable products that seamlessly align with the evolving needs of our esteemed customers."
In 2022, IPG demonstrated a heightened dedication to customer-centricity and sustainability, upholding its commitment to ethical conduct. By prioritizing tangible actions instead of mere promises, the company bolstered its position as an industry leader through active pursuit of the Cradle to Cradle Certified® Products Program. IPG's dedication to accountability and ambitious objectives were evident in its participation as a signatory to various agreements, which included the pursuit of zero waste manufacturing and the attainment of a net zero carbon footprint. These resolute endeavors solidify IPG's prominent standing at the forefront of sustainable practices.
"IPG takes immense pride in the significant strides made towards our commitments in product sustainability, fostering an inclusive workforce, and driving environmental stewardship throughout the past year," said Jay Bolus, VP of Sustainability at IPG. "Our dedication to tackling challenging goals has propelled us to not only advance existing initiatives but also embrace new endeavors in 2022. We recognize the demanding nature of these commitments and continuously explore innovative strategies to achieve them. At IPG, we firmly believe in maximizing the potential of every resource, optimizing clean and renewable energy utilization, and fostering a culture that celebrates diversity. These guiding principles underpin our actions as we persistently pursue a sustainable and inclusive future."
Highlights from the 2022 IPG Sustainability Report include:
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 Company, visit www.itape.com.
IPG's full 2022 Sustainability Report is available at https://www.itape.com/sustainability
Cradle to Cradle Certified® is a registered trademark of the Cradle to Cradle Products Innovation Institute.
FOR FURTHER INFORMATION CONTACT:
Jay Bolus
Vice President Sustainability
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/507dffc3-11b6-46e4-aef3-cdffd6c3600c
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