Intertape Polymer Group Publishes 2019 Annual Sustainability Report

MONTREAL and SARASOTA, Fla., July 09, 2020 (GLOBE NEWSWIRE) -- Intertape Polymer Group Inc. (TSX:ITP) (“IPG” or the “Company”) today published its 2019 annual sustainability report, titled “We Package, We Protect & We Sustain”. The report provides an overview of the Company’s sustainability progress in 2019 and highlights IPG's sustainability opportunities in the years ahead. The report was prepared with reference to certain Global Reporting Initiative (“GRI”) standards with details provided in the index section of the report.

“Sustainability is a core pillar of our long-term strategy and we believe it is a key component to meeting the needs of our stakeholders as well as the growth of our business,” said Greg Yull, President and CEO of IPG. “While this year’s report is published as society is dealing with the impact of the COVID-19 pandemic, our approach to sustainability is a long-term initiative that requires consistent and continuous support. In fact, the ingrained culture of health and safety within our daily operations at the plant level underpinned our ability to maintain ongoing operations in the face of the pandemic.”

The 2019 report builds and expands on the work done in the Company’s inaugural report published last year. The report outlines the Company’s framework to embrace sustainability by focusing on: 1) product and material innovation; 2) circular economy solutions; 3) the Company’s operational footprint; and 4) people and communities. As part of its sustainability strategy, the Company has adopted cross-functional Sustainability Value Network (“SVN”) teams and processes to help it be more deliberate in its approach to sustainability with a greater emphasis on governance, metrics and reporting.

“We believe our customers and end users will increasingly pursue sustainable solutions and practices in their choice of packaging and protective suppliers. By embracing sustainability throughout our organization, we are positioning IPG’s solutions in key markets like e-commerce and others with sustainable solutions for tapes, mailers, cold chain packaging and protective  packaging to meet the needs of our end users,” continued Mr. Yull. “Earlier this year we established our reinforced water-activated tape ("WAT") as recyclable and we are in the process of launching a new curbside recyclable protective mailer. Product innovation is only one element of a successful program. The SVN teams are also establishing objectives for continuous improvement of our day-to-day operations to demonstrate to our stakeholders that sustainability and transparency are core tenets throughout our organization.”