IPG Demonstrates Packaging Leadership in 2022 Annual Sustainability Report

IPG Commits to Zero Waste, Zero Carbon, and Enhanced Sustainability Impact

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.