Novolex 2022 Sustainability Report

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S U S TA I N A B I L I T Y V I S I O N , P I L L A R S A N D M E T R I C S

NOVOLEX SUSTAINABILIT Y PILLARS

The Novolex vision for sustainability is to innovate more sustainable choices for our customers, operate responsibly and invest in

PRODUCTS

OPERATIONS

PEOPLE & COMMUNITIES

Taking on a leadership role within the packaging

Strive for low-impact manufacturing

Support our employees, their families and

industry by providing customers and their

and integration of sustainability into

communities, and the consumers who use

consumers with sustainable product solutions

operations excellence

our products

our people and communities. We bring this vision to life every day through our ongoing focus on efficiency in our operations, and external engagement with customers, suppliers, communities and other industry partners.

As we continue the Novolex sustainability journey, we look for additional metrics with which to measure our performance, strive to improve our data collection methods and, where appropriate, develop targets to focus initiatives across our business. Since the publication of our first sustainability report in 2018, we have established various key performance indicators (KPIs) to monitor our progress and enhance our success in

METRICS, KPIs AND TARGETS ◆ Percentage of raw materials from renewable, PCR or bio-based sources ◆ Percentage of PCR in procured resin and fiber

all aspects of sustainability. We have aligned our

◆ Percentage of certified fiber

reported metrics to each sustainability pillar, as

◆ Percentage of revenue from products that are reusable, compostable or recyclable

depicted in the visual to the right.

◆ Reduce GHG emissions from energy use in manufacturing by 30% per ton of production by 2030 ◆ Significant air emissions

◆ Safety: Total Recordable Incident Rate ◆ Percentage of females and minorities in leadership positions ◆ Employee demographics across operations

◆ Waste management and footprint

◆ Double PCR Recycling in North Vernon by 2024

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