ProAmpac Publishes Inaugural ESG Report
ProAmpac, a global leader in flexible packaging and material science, released 'A Path Forward', its first Environmental, Social, and Governance (ESG) report, outlining the company's sustainability strategy.
ProAmpac's goal is twofold: (1) to provide a sustainable alternative to 100% of their products by 2025, and (2) to continue to make an impact on employees and communities through programmes like the ProAmpac Employee Assistance Fund (PEAF) and community outreach events.
Greg Tucker, Founder and CEO of ProAmpac, said:
"ProAmpac has always worked ethically and responsibly in our business practices, and our sustainable product mission, along with the ESG strategies we’ve developed, are transformative.
"We have aligned our capabilities and assets to meet these ambitious ESG goals. Our material scientists, packaging engineers, and university partnerships place us ahead of our peers in innovating for a sustainable world. In addition, we have invested in our Collaboration & Innovation Center (CIC), Quality team, and intellectual property portfolio all to meet our sustainable packaging goals. This helps our customers as they strive to achieve their own sustainability goals."
The Sustainability Committee at ProAmpac sought to develop an inclusive ESG strategy that solidified the sustainable actions that have been central to ProAmpac since its inception in 2015. The four ESG strategies of the company outline the company's development and commitments.
Foundational Principles
The foundation of the ESG strategy relies on three principles: regulatory compliance, health and safety, and financial performance.
Products
ProAmpac is committed to offering customers sustainable alternatives for 100% of its products by 2025.
Operations
ProAmpac is laying the foundation to measure, track, and reduce operational impact on the environment. ProAmpac is calculating Scope 1 greenhouse gas emissions across sites and will set greenhouse gas reduction goals in 2023.
Social Impact
ProAmpac’s five core values drive positive behaviours and enhance the way they operate: Integrity, Intensity, Innovation, Involvement, and Impact.
ProAmpac continues to expand the ProAmpac Employee Assistance Fund, their employee wellness culture, and community impact events.
Source: ProAmpac
