Novolex 2022 Sustainability Report

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N O V O L E X VA L U E S New Metrics

In addition to the Novolex sustainability vision, pillars, and metrics, we are publishing the Novolex values that

For the second consecutive year we are publishing data on the end-of-life profile of products

guide our decisions and actions every day, from choosing new employees and providing safe workplaces to

in accordance with a notable circular economy indicator, SASB: 410a.2, which measures the

deciding on acquisitions and selecting commercial partners. Our values align with the seven Novolex Guiding

percentage of revenue generated from products that can be recycled, composted or reused. In

Principles for good conduct and integrity embodied in the Novolex Employee Code of Conduct.

addition, this year we improved measurement of waste generated in operations in accordance with GRI 305-3 across our global manufacturing footprint and now include that KPI under the “Operations” sustainability pillar. We’ve also made progress in expanding our “People” metrics,

NOVOLEX VALUES

working extensively across different corporate functions to enhance disclosures on safety as well as diversity, equity and inclusion (DEI).

Put safety first every day: The well-being of

Behave with integrity and humility, and treat

our employees, customers and communities

everyone fairly and with respect: We hold

is our top priority, and we are committed to

ourselves to the highest ethical standards and

a safe and healthy work environment. This

work to ensure everyone is respected, accepted

"Measuring our performance will be

means prioritizing safety in all of our actions

and supported. This means being accountable

foundational to building a world-class

and decisions, and continuously working to

for our actions, and doing the right and fair

Human Resources organization. We need

identify and mitigate potential hazards.

thing, even when it's difficult.

driven side of what we measure, and how

Embrace collaboration to support diverse

Approach every task with a commitment to

it supports our success in key areas like

opinions: We believe that working together

excellence and a winning entrepreneurial

as a team is the key to our success. This

mindset: We strive to be the best in everything

means valuing the unique differences of

we do, from the products and services we offer

the people around us, actively seeking out

to the way we treat our customers, business

the perspectives of others and ensuring

partners and each other. This means continuously

everyone feels included.

improving ourselves and our work, and never

to continue exploring the behavior-

DE&I, human capital and safety. These areas receive constant focus at Novolex and we expect to continue evolving our reporting and programs in these areas.”

being satisfied with mediocrity.

– LISA DULSKI, CHIEF HUMAN RESOURCES OFFICER

Understand and act on our responsibility as environmental stewards: We are committed to constantly innovating and championing sustainable products, manufacturing practices and lifestyles. This means working with each other, our neighbors, customers and other stakeholders to support a circular economy.

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