Aptar Named One of the World’s Most Sustainable Companies 2024 by TIME

Rhea-AI Summary

Aptar (NYSE: ATR), a leader in drug and consumer product technologies, has been named one of the World’s Most Sustainable Companies for 2024 by TIME. Ranked 194 out of 500 global companies, the selection process, conducted with Statista, evaluated over 5,000 companies on 20 key data points, including emissions, energy intensity, and safety. Aptar's sustainability achievements include receiving the prestigious EcoVadis Platinum rating for four consecutive years and being named a CDP Supplier Engagement Leader. Stephan B. Tanda, Aptar’s CEO, emphasized the company’s commitment to sustainable practices and its competitive advantage. Aptar aims for 10% recycled resin content and 100% recyclable, reusable, or compostable solutions by 2025.

CRYSTAL LAKE, Ill.--(BUSINESS WIRE)-- AptarGroup, Inc. (NYSE: ATR), a global leader in drug and consumer product dosing, dispensing and protection technologies, today announced that it has been named one of the World’s Most Sustainable Companies 2024 by TIME. Aptar is ranked 194 out of top 500 global companies evaluated by TIME and its partner Statista.

Aptar is named one of the World's Most Sustainable Companies by TIME (Graphic: Statista)

“Aptar is honored to be part of TIME’s inaugural list of the World’s Most Sustainable companies which reflects our transparent data reporting and continued commitment to advancing sustainable practices,” said Stephan B. Tanda, Aptar President and CEO. “As a global company with a presence in 20 countries, a strong, overarching Environment, Social, Governance (ESG) strategy is a business imperative. Our efforts to source more renewable energy, certify more of our sites as landfill free and develop products that are more recyclable, reusable, refillable and made with more sustainable materials not only contributes to better outcomes for people and our planet, but serves as a competitive advantage.”

For this recognition, the ranking process included a selection from over 5,000 of the world's largest and most influential companies, taking into account factors such as revenue, market capitalization and public prominence. TIME, in partnership with Statista, selected the top 500 companies based on a multi-step process and more than 20 key data points that evaluated Carbon Disclosure Project scores, GRI and SASB reporting, emissions and energy intensity, employee turnover, safety and more.

As outlined in Aptar’s 2023 Corporate Sustainability / ESG Report, the company has made considerable progress advancing key areas of its global sustainability strategy. Aptar achieved the prestigious EcoVadis Platinum level rating in recognition of its sustainability efforts for the fourth consecutive year, placing the company among the top 1% of the more than 125,000 companies rated across all industries. The company was also named a CDP Supplier Engagement Leader for the fourth consecutive year, placing Aptar among 450 companies based on our 2023 CDP disclosure; cited for its contributions to emissions reductions throughout the value chain.

Aptar also partners with organizations such as the Ellen MacArthur Foundation, the World Business Council for Sustainable Development. Aptar serves as an active member of the CE100 Network and a signatory of the United Nations Global Compact. In partnership with these organizations, and as part of Aptar’s focus on circularity, the company aims to include 10% recycled resin content and achieve 100% recyclable, reusable or compostable solutions in its personal care, beauty, home care and food and beverage solutions by the end of 2025.

For a full list of the World’s Most Sustainable Companies 2024 and a breakdown of the methodology, please visit the TIME website.

About Aptar

Aptar is a global leader in the design and manufacturing of a broad range of drug delivery, consumer product dispensing and active material science solutions and services. Aptar’s innovative solutions and services serve a variety of end markets including pharmaceutical, beauty, personal care, home, food and beverage. Using insights, proprietary design, engineering and science to create dispensing, dosing and protective technologies for many of the world’s leading brands, Aptar in turn makes a meaningful difference in the lives, looks, health and homes of millions of patients and consumers around the world. Aptar is headquartered in Crystal Lake, Illinois and has over 13,000 dedicated employees in 20 countries. For more information, visit www.aptar.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240625841716/en/

Investor Relations Contact:

Mary Skafidas

mary.skafidas@aptar.com

815-479-5658

Media Contact:

Katie Reardon

katie.reardon@aptar.com

815-479-5671

Source: AptarGroup, Inc.

FAQ

What is Aptar's ranking in TIME's 2024 list of the World's Most Sustainable Companies?

Aptar is ranked 194 out of 500 global companies in TIME's 2024 list of the World's Most Sustainable Companies.

What is the stock symbol for Aptar?

Aptar's stock symbol is ATR.

How many companies were evaluated by TIME and Statista for the World's Most Sustainable Companies 2024?

TIME and Statista evaluated over 5,000 companies for the World's Most Sustainable Companies 2024.

What key areas contributed to Aptar's sustainability recognition?

Aptar's sustainability recognition was influenced by its emissions reductions, energy intensity, and safety records, among other factors.

What sustainability goals has Aptar set for 2025?

By 2025, Aptar aims to achieve 10% recycled resin content and ensure 100% of its products are recyclable, reusable, or compostable.