Neenah Releases 2021 Update on Environmental, Social, and Governance Report

Rhea-AI Summary

Neenah, Inc. (NYSE: NP) has updated its 2021 Environmental, Social, and Governance (ESG) report, showcasing a 30% improvement in recordable safety incidents over the last year. Key highlights include long-term greenhouse gas reduction goals, the expansion of environmentally preferred products, and enhanced Board oversight of ESG issues. The company also engaged its workforce through a global employee survey. These updates align with Neenah's commitment to sustainable practices that support employee safety and community well-being.

Positive

• 30% improvement in recordable incident rates, aspiring towards zero injuries.
• Goals set for reducing greenhouse gas emissions to lessen environmental impact.
• Increased certifications for environmentally preferred products from the U.S. Department of Agriculture.
• Participation in initiatives promoting diversity, equity, and inclusion.
• Enhanced Board oversight on ESG matters through updated committee charters.
• Global employee engagement survey executed to act on employee insights.

Negative

• None.

ALPHARETTA, Ga.--(BUSINESS WIRE)-- Neenah, Inc. (NYSE: NP), a leading global manufacturer of specialty materials focused on filtration, specialty coatings, engineered materials, and imaging and packaging released an update to its 2021 Environmental, Social, and Governance (ESG) report which highlights the ways in which Neenah is enabling sustainable practices that prioritize the safety and well-being of employees, our communities and environment.

Highlights from the Neenah 2021 Updated ESG Report include a 30% decline in the number of OSHA recordable injuries (Photo: Business Wire)

The report details the progress we’ve made in the last three quarters including:

• Achieving a full-year 30% improvement in recordable incident rates in our facilities, as we aspire to reach zero injuries
• Establishing long-term goals for reducing greenhouse gas emissions as part of our broader strategy to reduce our environmental impact
• Expanding our portfolio of environmentally preferred products and receiving several new certifications from the U.S. Department of Agriculture
• Participating in national and regional initiatives that leverage the resources and influence of business to advance diversity, equity, and inclusion
• Updating the charters of our three Board of Director committees to further define the Board’s role in ESG oversight
• Executing our first global employee engagement survey and creating a plan to put employee insights into action

This ESG report is a companion piece to the March 2021 release of the Neenah Corporate Sustainability Report. When reviewed together, the two publications present a full picture of our ESG commitments and achievements. We plan to release a full 2022 report based on Global Reporting Standards (GRI), later this year.

About Neenah, Inc.

Neenah is committed to manufacturing growth for its customers, end-users, shareholders, and employees. With manufacturing facilities in North America, Europe, and the United Kingdom, we are a leading global manufacturer of specialty materials serving customers across six continents, with headquarters in Alpharetta, GA. We're focused on growing in filtration media, specialty coatings, engineered materials, and premium packaging. Our materials are found in various products used every day, such as transportation and water filters, premium packaging of spirits, technology and beauty products, industrial labels, tapes and abrasives, and digital printing for high-end apparel. To learn more, please visit www.neenah.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220315006125/en/

Missy Elam

Director, Corporate Communications

media@neenah.com

678-518-3263

Source: Neenah, Inc.

FAQ

What is the recent update from Neenah, Inc. regarding their ESG report?

Neenah, Inc. has released an updated ESG report highlighting a 30% improvement in safety incident rates and commitments to environmental sustainability.

How does Neenah, Inc. plan to reduce greenhouse gas emissions?

Neenah, Inc. has established long-term goals aimed at reducing greenhouse gas emissions as part of their broader environmental strategy.

What are some key achievements outlined in Neenah, Inc.'s ESG report?

Key achievements include a 30% decrease in OSHA recordable injuries and the expansion of environmentally preferred products with new certifications.

When will Neenah, Inc. release its full 2022 ESG report?

Neenah, Inc. plans to release a full 2022 ESG report based on Global Reporting Standards later this year.