STOCK TITAN

CompoSecure Earns Sustainability Silver Medal from EcoVadis for Second Consecutive Year, Placing in the Top 15% of Companies Globally

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Very Positive)
Tags

CompoSecure, a leader in metal payment cards and security solutions, has been awarded a Silver Medal by EcoVadis for the second consecutive year, placing it in the top 15% of companies globally for sustainability practices. The company improved its score from 60 in 2023 to 67 in 2024, demonstrating significant progress in integrating ESG principles into its operations.

Key highlights contributing to the Silver Medal include:

  • Expanded use of recycled materials in metal payment cards
  • Fair labor practices and safe working conditions
  • Alignment with global corporate responsibility standards
  • High standards for sustainable sourcing and procurement

CompoSecure's COO, Greg Maes, expressed gratitude for the recognition and emphasized the company's commitment to environmental progress and enhancing ESG practices.

CompoSecure, leader nelle carte di pagamento in metallo e nelle soluzioni di sicurezza, ha ricevuto per il secondo anno consecutivo una Medaglia d'Argento da EcoVadis, posizionandosi tra il 15% delle aziende a livello globale per le pratiche sostenibili. L'azienda ha migliorato il proprio punteggio da 60 nel 2023 a 67 nel 2024, dimostrando progressi significativi nell'integrazione dei principi ESG nelle sue operazioni.

I punti salienti che hanno contribuito alla Medaglia d'Argento includono:

  • Maggiore utilizzo di materiali riciclati nelle carte di pagamento in metallo
  • Pratiche lavorative e condizioni di lavoro sicure
  • Allineamento agli standard di responsabilità aziendale globale
  • Alti standard per l'approvvigionamento e la sostenibilità

Il COO di CompoSecure, Greg Maes, ha espresso gratitudine per il riconoscimento e ha sottolineato l'impegno dell'azienda verso il progresso ambientale e il miglioramento delle pratiche ESG.

CompoSecure, líder en tarjetas de pago de metal y soluciones de seguridad, ha sido galardonada por segundo año consecutivo con una Medalla de Plata de EcoVadis, posicionándola en el 15% superior de las empresas a nivel mundial por sus prácticas de sostenibilidad. La compañía mejoró su puntuación de 60 en 2023 a 67 en 2024, lo que demuestra un progreso significativo en la integración de los principios ESG en sus operaciones.

Los puntos clave que contribuyeron a la Medalla de Plata incluyen:

  • Uso ampliado de materiales reciclados en tarjetas de pago de metal
  • Prácticas laborales justas y condiciones de trabajo seguras
  • Alineación con estándares globales de responsabilidad corporativa
  • Altos estándares para la obtención y compra sostenible

Greg Maes, COO de CompoSecure, expresó su agradecimiento por el reconocimiento y enfatizó el compromiso de la empresa con el progreso ambiental y la mejora de las prácticas ESG.

CompoSecure는 금속 결제 카드 및 보안 솔루션의 선두주자로서, EcoVadis에서 실버 메달을 두 번째로 연속 수상하여 전 세계적으로 지속 가능성 관행에서 상위 15%에 해당하는 기업으로 자리매김하였습니다. 이 회사는 2023년 60점에서 2024년 67점으로 점수를 개선하여 ESG 원칙을 운영에 통합하는 데에서 상당한 진전을 보였습니다.

실버 메달을 수상하는 데 기여한 주요 사항은 다음과 같습니다:

  • 금속 결제 카드에 재활용 재료 사용 확대
  • 공정한 노동 관행 및 안전한 작업 조건
  • 글로벌 기업 책임 기준과의 정합성
  • 지속 가능한 조달 및 공급을 위한 높은 기준

CompoSecure의 COO인 Greg Maes는 이 인정을 받게 되어 감사하다고 전하며, 환경 진전과 ESG 관행 개선에 대한 회사의 약속을 강조했습니다.

CompoSecure, leader dans les cartes de paiement en métal et les solutions de sécurité, a été récompensé pour la deuxième année consécutive par une Médaille d'Argent d'EcoVadis, se plaçant parmi les 15 % des entreprises au monde pour ses pratiques de durabilité. L'entreprise a amélioré son score de 60 en 2023 à 67 en 2024, démontrant des progrès significatifs dans l'intégration des principes ESG dans ses opérations.

Les points clés contribuant à la Médaille d'Argent comprennent :

  • Utilisation accrue de matériaux recyclés dans les cartes de paiement en métal
  • Pratiques de travail équitables et conditions de travail sûres
  • Alignement avec les normes mondiales de responsabilité sociétale des entreprises
  • Normes élevées pour l'approvisionnement et l'achat durables

Greg Maes, COO de CompoSecure, a exprimé sa gratitude pour cette reconnaissance et a souligné l'engagement de l'entreprise envers le progrès environnemental et l'amélioration des pratiques ESG.

CompoSecure, ein führendes Unternehmen für Metallzahlungskarten und Sicherheitslösungen, wurde zum zweiten Mal in Folge mit einer Silbermedaille von EcoVadis ausgezeichnet und zählt damit zu den besten 15 % der Unternehmen weltweit im Bereich nachhaltiger Praktiken. Das Unternehmen verbesserte seine Punktzahl von 60 im Jahr 2023 auf 67 im Jahr 2024, was bedeutende Fortschritte bei der Integration der ESG-Prinzipien in seine Geschäftsabläufe zeigt.

Wichtige Highlights, die zur Silbermedaille beigetragen haben, sind:

  • Erweiterte Nutzung von recycelten Materialien in Metallzahlungskarten
  • Faire Arbeitspraktiken und sichere Arbeitsbedingungen
  • Übereinstimmung mit globalen Standards für Unternehmensverantwortung
  • Hohe Standards für nachhaltige Beschaffung und Einkauf

Greg Maes, COO von CompoSecure, äußerte Dankbarkeit für die Anerkennung und betonte das Engagement des Unternehmens für Umweltfortschritte und die Verbesserung der ESG-Praktiken.

Positive
  • None.
Negative
  • None.

Strengthened commitment to sustainability practices results in a 7-point improvement Year-over-Year

SOMERSET, N.J., Oct. 03, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, was awarded a Silver Medal by EcoVadis, a globally recognized leader in business sustainability ratings, for the second consecutive year. This accolade places CompoSecure in the top 15% of companies globally and highlights its commitment to sustainability through its environmental, social, and governance (ESG) practices.

CompoSecure is honored to have earned a second EcoVadis Silver Medal, a testament to our relentless drive for environmental progress,” said Greg Maes, COO of CompoSecure. “This achievement reflects the dedication of our employees, whose efforts each day propel us forward in our mission to enhance our ESG practices. We are grateful for their commitment and excited to continue making a positive impact.”

CompoSecure’s received a 67 in 2024 versus 60 in 2023, demonstrating significant progress in integrating ESG principles into its operations. The company's performance was assessed by EcoVadis across four critical categories, including environment, labor & human rights, ethics, and sustainable procurement. This year, EcoVadis updated its benchmarking methodology, which the Company believes makes the score improvement even more impressive.

Key ESG Highlights Contributing to the Silver Medal:

  • Environment: CompoSecure has expanded its use of recycled materials in its metal payment cards, which are made from 65% post-consumer recycled stainless steel, reducing environmental impact.
  • Labor & Human Rights: CompoSecure maintains fair labor practices and safe, inclusive working conditions across its operations, prioritizing the well-being of its workforce.
  • Ethics: The company aligns its ethical practices with global corporate responsibility and transparency standards.
  • Sustainable Procurement: CompoSecure upholds high standards for sourcing and procurement.

EcoVadis is a purpose-driven company dedicated to embedding sustainability intelligence into every business decision worldwide. With global, trusted and actionable ratings, businesses of all sizes rely on EcoVadis’ detailed insights to comply with ESG regulations, reduce GHG emissions, and improve the sustainability performance of their business and value chain across 220 industries in 180 countries. More than 130,000 companies globally have been rated by EcoVadis. EcoVadis’ business sustainability ratings are based on international sustainability standards such as the Ten Principles of the UN Global Compact, the International Labour Organization (ILO) conventions, the Global Reporting Initiative (GRI) standards and the ISO 26000 standard. The ratings provide an evidenced-based analysis on performance and an actionable roadmap for continuous improvement.

About CompoSecure

Founded in 2000, CompoSecure (Nasdaq: CMPO) is a technology partner to market leaders, fintechs and consumers enabling trust for millions of people around the globe. The company combines elegance, simplicity and security to deliver exceptional experiences and peace of mind in the physical and digital world. CompoSecure’s innovative payment card technology and metal cards with Arculus security and authentication capabilities deliver unique, premium branded experiences, enable people to access and use their financial and digital assets and ensure trust at the point of a transaction. For more information, please visit www.CompoSecure.com and www.GetArculus.com.

For CompoSecure

Anthony Piniella
Head of Communications 
(917) 208-7724
apiniella@composecure.com

Sean Mansouri, CFA
Elevate IR
(720) 330-2829
CMPO@elevate-ir.com


FAQ

What sustainability award did CompoSecure (CMPO) receive in 2024?

CompoSecure (CMPO) received a Silver Medal from EcoVadis, a globally recognized leader in business sustainability ratings, for the second consecutive year in 2024.

How did CompoSecure's (CMPO) EcoVadis score change from 2023 to 2024?

CompoSecure's (CMPO) EcoVadis score improved from 60 in 2023 to 67 in 2024, showing a 7-point improvement year-over-year.

What percentage of recycled materials does CompoSecure (CMPO) use in its metal payment cards?

CompoSecure (CMPO) uses 65% post-consumer recycled stainless steel in its metal payment cards, reducing environmental impact.

In which categories was CompoSecure (CMPO) assessed by EcoVadis for its sustainability rating?

CompoSecure (CMPO) was assessed by EcoVadis across four categories: environment, labor & human rights, ethics, and sustainable procurement.

What ranking did CompoSecure (CMPO) achieve globally with its EcoVadis Silver Medal in 2024?

CompoSecure's (CMPO) EcoVadis Silver Medal in 2024 placed the company in the top 15% of companies globally for sustainability practices.

CompoSecure, Inc.

NASDAQ:CMPO

CMPO Rankings

CMPO Latest News

CMPO Stock Data

1.25B
82.54M
69.73%
37.91%
15.93%
Metal Fabrication
Finance Services
Link
United States of America
SOMERSET