Aptar Releases 2023 Corporate Sustainability / ESG Report
Aptar has released its 2023 Corporate Sustainability and ESG Report, titled Progress Takes Shape. The report outlines significant accomplishments in the company's sustainability strategy, focusing on three main pillars: Care, Collaboration, and Circularity.
Key achievements include sourcing 97% of electricity from renewable sources, preventing 86% of operational waste from reaching landfills, and obtaining Landfill Free Certification for 63% of its sites. Aptar has also earned the EcoVadis Platinum rating and the CDP Supplier Engagement Leader status for the fourth consecutive year.
Additionally, Aptar has partnered with organizations like the Ellen MacArthur Foundation and the World Business Council for Sustainable Development. The company's Diversity, Equity, and Inclusion (DEI) initiatives have led to 25.4% female leadership at the VP level and above, with a goal of reaching 30% by 2025.
Aptar continues to support communities through donations, local charitable events, and global campaigns for women's economic empowerment.
- 97% of electricity sourced from renewable sources.
- Prevented 86% of operational waste from reaching landfills.
- 63% of sites obtained Landfill Free Certification.
- Received EcoVadis Platinum rating for the fourth consecutive year.
- CDP Supplier Engagement Leader for the fourth consecutive year.
- Partnerships with major organizations like Ellen MacArthur Foundation and World Business Council for Sustainable Development.
- 25.4% of leadership positions at VP level or above held by women, aiming for 30% by 2025.
- Active involvement in community support and global campaigns for women's economic empowerment.
- No significant financial data or performance metrics were provided, which may leave investors seeking more concrete financial information.
- The report highlights goals and achievements but lacks detailed timelines for certain sustainability targets, which could create uncertainty for stakeholders.
- There is a reliance on external assurances for emissions data, which might not be independently verifiable by investors.
Graphic: Aptar’s 2023 Corporate Sustainability / ESG Report (Photo: Business Wire)
- Care - operating with care for employees, communities and the environment by continuously improving our impact and reducing our footprint;
- Collaboration - innovating alongside customers, suppliers, industry coalitions and nonprofits to enable progress toward their goals – as well as for better outcomes for people and our planet; and
- Circularity - helping the industry advance system-scale change that will benefit people today and for generations to come by addressing climate change and the waste crisis.
“Our keen focus on ESG, both in the way we run our business and in the solutions we provide, affords us a strong competitive advantage. Our solid ESG credentials and reputation serve as powerful assets. We are a company that stakeholders want to engage with, and our employees are proud to work for,” said Stephan B. Tanda, Aptar President and CEO. “We are proud to be an ESG leader within the industry, continuously raising the bar on sourcing renewable energy, certifying sites as Landfill Free and developing products that are more recyclable, reusable, refillable and incorporate more sustainable materials. I would like to thank our Aptar employees around the world who are propelling us forward towards a more sustainable future.”
Aptar has made considerable progress advancing key areas of its global sustainability strategy. Highlights from Aptar’s Sustainability Report include:
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97% of electricity is from renewable sources
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86% of operational waste avoided disposal to landfill through reuse, recycling and recovery
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63% of Aptar’s sites have earned a Landfill Free Certification through our internal program
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Prestigious EcoVadis Platinum level rating in recognition of Aptar’s sustainability efforts for the fourth consecutive year, placing us among the top
1% of the more than 125,000 companies rated across all industries
- CDP Supplier Engagement Leader for the fourth consecutive year, placing Aptar among 450 companies based on our 2023 CDP disclosure; cited for our contributions to emissions reductions throughout the value chain
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Partnering with the Ellen MacArthur Foundation, the World Business Council for Sustainable Development, among many others. Aptar is 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 our focus on circularity, we aim to include
10% recycled resin content and achieve100% recyclable, reusable or compostable solutions in our personal care, beauty, home care and food and beverage solutions by the end of 2025.
- Ensuring a robust safety, health and wellness program for our employees along with numerous learning and development opportunities
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Creating a sense of belonging and celebrating our diverse workforce through an enhanced focus on Diversity, Equity and Inclusion (DEI) driven by our employee resource groups, International Women’s Day summit and our annual DEI Week celebration. We are progressing toward a diversity goal where, by 2025, at least
30% of all Aptar leaders at the vice president level and above should be women. As of year-end 2023,25.4% of our leadership team at the vice president level and above are women, up significantly from years past.
- Supporting the communities where we live and work through donations and participation in local charitable events alongside supporting women’s economic empowerment and emergency campaigns for Aptar’s global signatory organization, CARE®
“Our stakeholders seek to partner with companies like Aptar where a strong, overarching ESG strategy is a business imperative. Through our collaboration with customers, suppliers, industry coalitions and nonprofits who share our motivation to care for people and the planet, we create innovate solutions that improve lives along with environmental and societal value,” explained Beth Holland, Aptar’s Chief Sustainability Officer.
Aptar’s 2023 Corporate Sustainability / ESG Report is prepared in accordance with the Global Reporting Initiative (GRI) Standards. For it, Aptar obtained “reasonable” external assurance from SGS do Brasil Ltda for our Scope 1 and 2 emissions and “limited” external assurance for Scope 3 GHG emissions from a third party, in compliance with ISO 14064-1 Greenhouse Gas Emissions (Categories 1-6) accounting, proving accuracy of our systems and processes.
To minimize paper waste, Aptar encourages readers to view the 2023 Corporate Sustainability / ESG Report digitally on our website under the ESG Reporting Center.
About Aptar
Aptar is a global leader in drug and consumer product dosing, dispensing and protection technologies. Aptar serves a number of attractive end markets including pharmaceutical, beauty, food, beverage, personal care and home care. Using market expertise, proprietary design, engineering and science to create innovative solutions 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
View source version on businesswire.com: https://www.businesswire.com/news/home/20240530754021/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.
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