STOCK TITAN

Mativ Releases 2023 ESG Report Highlighting Key Initiatives

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

Mativ (MATV) has released its 2023 Environmental, Social, and Governance (ESG) report, marking its first comprehensive enterprise-wide assessment following the 2022 ESG Tear Sheet. The report details significant achievements in environmental sustainability, product stewardship, and social governance.

Key initiatives include completing a company-wide climate scenario analysis, expanding Scope 3 emissions calculations, and implementing new safety measures such as Safety Key Element Maturity Assessments (SKEMA). The company also introduced a refined balanced scorecard for safety performance and established the Safety Capital Risk Assessment Process.

Additionally, Mativ revamped its annual code of conduct training program, focusing on fraud reporting, unconscious bias, data protection, and workplace respect.

Mativ (MATV) ha pubblicato il suo rapporto 2023 su Ambiente, Società e Governance (ESG), rappresentando la sua prima valutazione completa a livello aziendale dopo il ESG Tear Sheet del 2022. Il rapporto evidenzia traguardi significativi nella sostenibilità ambientale, nella gestione dei prodotti e nella governance sociale.

Tra le iniziative chiave vi sono il completamento di un'analisi degli scenari climatici a livello aziendale, l'espansione dei calcoli delle emissioni di Scopo 3 e l'implementazione di nuove misure di sicurezza come le Valutazioni di Maturità degli Elementi Chiave di Sicurezza (SKEMA). L'azienda ha anche introdotto un sistema di scorecard bilanciato affinato per le prestazioni di sicurezza e ha stabilito il Processo di Valutazione del Rischio Capitale di Sicurezza.

Inoltre, Mativ ha rinnovato il suo programma annuale di formazione sul codice di condotta, concentrandosi sulla segnalazione delle frodi, il bias inconscio, la protezione dei dati e il rispetto sul luogo di lavoro.

Mativ (MATV) ha publicado su informe ESG de 2023, marcando su primera evaluación completa a nivel empresarial tras el ESG Tear Sheet de 2022. El informe detalla logros significativos en sostenibilidad ambiental, gestión de productos y gobernanza social.

Las iniciativas clave incluyen la finalización de un análisis de escenarios climáticos a nivel corporativo, la expansión de los cálculos de las emisiones de Alcance 3 y la implementación de nuevas medidas de seguridad como las Evaluaciones de Madurez de Elementos Clave de Seguridad (SKEMA). La empresa también presentó un cuadro de mando equilibrado refinado para el desempeño en seguridad y estableció el Proceso de Evaluación del Riesgo de Capital de Seguridad.

Además, Mativ renovó su programa anual de capacitación en el código de conducta, enfocándose en la denuncia de fraudes, el sesgo inconsciente, la protección de datos y el respeto en el lugar de trabajo.

Mativ (MATV)는 2023년 환경, 사회 및 지배 구조(ESG) 보고서를 발표하여 2022년 ESG Tear Sheet 이후 기업 전반에 대한 첫 번째 종합 평가를 기념했습니다. 이 보고서는 환경 지속 가능성, 제품 관리 및 사회적 거버넌스에서의 중요한 성과를 상세히 설명합니다.

주요 이니셔티브에는 회사 전체의 기후 시나리오 분석 완료, 범위 3 배출 계산 확대 및 안전 핵심 요소 성숙도 평가(SKEMA)와 같은 새로운 안전 조치 구현이 포함됩니다. 또한, 회사는 안전 성과를 위한 개선된 균형 성과 지표를 소개하고 안전 자본 위험 평가 프로세스를 수립했습니다.

추가로, Mativ는 사기 신고, 무의식적 편견, 데이터 보호 및 직장 내 존중에 중점을 두고 연간 행동 강령 교육 프로그램을 개편했습니다.

Mativ (MATV) a publié son rapport ESG 2023, marquant sa première évaluation complète à l'échelle de l'entreprise après la feuille de rupture ESG de 2022. Le rapport détaille des réalisations significatives en matière de durabilité environnementale, de gestion des produits et de gouvernance sociale.

Les initiatives clés incluent l'achèvement d'une analyse de scénarios climatiques à l'échelle de l'entreprise, l'expansion des calculs des émissions du Scope 3 et la mise en œuvre de nouvelles mesures de sécurité telles que les Évaluations de Maturité des Éléments Clés de Sécurité (SKEMA). L'entreprise a également introduit une carte de score équilibrée affinée pour la performance en matière de sécurité et établi le Processus d'Évaluation des Risques de Capital en matière de Sécurité.

De plus, Mativ a révisé son programme annuel de formation sur le code de conduite, en se concentrant sur le signalement des fraudes, les biais inconscients, la protection des données et le respect au travail.

Mativ (MATV) hat seinen ESG-Bericht 2023 veröffentlicht, der die erste umfassende unternehmensweite Bewertung nach dem ESG Tear Sheet von 2022 darstellt. Der Bericht beschreibt bedeutende Errungenschaften in den Bereichen Umweltverträglichkeit, Produktverantwortung und soziale Governance.

Wichtige Initiativen umfassen den Abschluss einer unternehmensweiten Klimaszenarioanalyse, die Erweiterung der Berechnungen zu Scope-3-Emissionen und die Implementierung neuer Sicherheitsmaßnahmen wie die Sicherheits-Schlüssel-Elemente-Maturitätsbewertungen (SKEMA). Das Unternehmen hat außerdem eine verfeinerte Balanced Scorecard für die Sicherheitsleistung eingeführt und den Prozess zur Bewertung des Sicherheitskapitalrisikos etabliert.

Darüber hinaus hat Mativ sein jährliches Schulungsprogramm zum Verhaltenskodex überarbeitet, das sich auf Betrugsberichterstattung, unbewusste Vorurteile, Datenschutz und Respekt am Arbeitsplatz konzentriert.

Positive
  • None.
Negative
  • None.

The report highlights Mativ's progress in sustainability, safety, and other key ESG priorities.

ALPHARETTA, Ga.--(BUSINESS WIRE)-- Mativ today announced the release of its 2023 Environmental, Social, and Governance (ESG) report, the company’s first comprehensive, enterprise-wide report following the publication of its 2022 ESG Tear Sheet earlier this year. The 2023 report provides an in-depth look at Mativ's key achievements and ongoing initiatives in environmental sustainability, product stewardship, and social and governance topics, including workplace health and safety, ethics and integrity, and more.

“At Mativ, we’re committed to creating long-term value for our shareholders through continuous improvement and an intense focus on good business practices,” said Julie Schertell, president & CEO of Mativ. “This report highlights the progress we’ve made advancing our environmental, social and governance efforts at all levels of our business and sets the stage for future advancements. By openly sharing our approach and achievements, we’re building trust with our stakeholders as we continue to grow responsibly.”

The report outlines several key initiatives/advancements, including the following:

Environmental: In 2023, Mativ completed its first company-wide climate scenario analysis to evaluate potential climate-related risks and opportunities. Additionally, the company expanded its Scope 3 emissions calculation to include all operations, calculating only those categories deemed most relevant under the Greenhouse Gas (GHG) Protocol Scope 3 Standard criteria.

Safety: Safety remains central to Mativ's values, with several key initiatives launched in 2023. The introduction of the Safety Key Element Maturity Assessments (SKEMA) allows the company to evaluate its safety practices against an ideal standard, while a newly refined balanced scorecard tracks ongoing safety performance and accountability. Additionally, the Safety Capital Risk Assessment Process and Capital Design Safety Review were established to ensure safety considerations are integrated at every stage of capital investment projects, prioritizing those with the highest potential for risk reduction.

Ethics Training: Mativ’s code of conduct is central to the company’s cultural and ethical foundation. In 2023, Mativ revamped its annual code of conduct training program for all employees which focuses on four main themes: identifying and reporting fraud, understanding unconscious bias and its impact on sexual harassment, protecting data, and fostering respect in the workplace.

Mativ’s ESG report is available in the Ethics and Compliance section of the Company’s website at www.mativ.com/about-us/ethics-and-compliance/ and can also be downloaded here.

About Mativ

Mativ Holdings, Inc. is a global leader in specialty materials, solving our customers’ most complex challenges by engineering bold, innovative solutions that connect, protect, and purify our world. Headquartered in Alpharetta, Georgia, we manufacture on three continents and generate sales in over 100 countries through our family of business-to-business and consumer product brands. The company’s two operating segments, Filtration & Advanced Materials and Sustainable & Adhesive Solutions, target premium applications across diversified and growing categories. Our broad portfolio of technologies combines polymers, fibers, and resins to optimize the performance of our customers’ products across multiple stages of the value chain. Our leading positions are a testament to our best-in-class global manufacturing, supply chain and materials science capabilities. We drive innovation and enhance performance, finding potential in the impossible.

Chris Kuepper, IRC

Investor Relations

investors@mativ.com

Leah Sherman-Jones

Corporate Communications

media@mativ.com

Source: Mativ Holdings, Inc.

FAQ

What major ESG initiatives did Mativ (MATV) announce in its 2023 report?

In 2023, Mativ completed a company-wide climate scenario analysis, expanded Scope 3 emissions calculations, implemented SKEMA safety assessments, and revamped its code of conduct training program.

How is Mativ (MATV) improving workplace safety in 2023?

Mativ introduced Safety Key Element Maturity Assessments (SKEMA), implemented a refined balanced scorecard for safety tracking, and established the Safety Capital Risk Assessment Process.

What are the main focus areas of Mativ's (MATV) 2023 code of conduct training?

The training focuses on four main themes: identifying and reporting fraud, understanding unconscious bias and sexual harassment, protecting data, and fostering workplace respect.

How does Mativ (MATV) track its environmental impact in 2023?

Mativ conducts climate scenario analysis and calculates Scope 3 emissions across all operations, following the Greenhouse Gas Protocol Scope 3 Standard criteria.

Mativ Holdings, Inc.

NYSE:MATV

MATV Rankings

MATV Latest News

MATV Stock Data

604.21M
53.03M
2.4%
94.84%
2.13%
Specialty Chemicals
Paper Mills
Link
United States of America
ALPHARETTA