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2023 Environmental, Social, & Governance Report

Altium Packaging is pleased to share our inaugural Environmental, Social, & Governance (ESG) Report, which brings to life our commitment to sustainable growth and ethical practices, and outlines our progress toward our ESG goals. Below is a brief summary of a few of ways we are addressing those goals.

The Letter E Graphic from Environmental, Social, and Governance Report

Environmental

Reduce, Reuse, and Recycle

Our waste elimination efforts center around the three essential components of environmentally responsible behavior: Reduce, Reuse, and Recycle.

The Letter S Graphic from Environmental, Social, and Governance Report

Social

Safety Comes First

We believe that Altium cannot create value for society without first valuing the health and safety of our employees. We work hard to foster a culture in which employees place safety above production demands.

The Letter G Graphic from Environmental, Social, and Governance Report

Governance

Act with Integrity and in Compliance

Our first Guiding Principle, “Act with Integrity and in Compliance,” is the foundation for success of our governance program.

The Letter E Graphic from Environmental, Social, and Governance Report

Our waste elimination efforts center around the three essential components of environmentally responsible behavior: Reduce, Reuse, and Recycle.

  • Reduce: We are reducing the amount of resin we use by producing lightweight containers, with innovative product designs and by focusing on efficient manufacturing processes that eliminate waste.
  • Reuse: We are capturing and reusing our waste components during our manufacturing process, creating re-pelletized resin and reintroducing those components back into our molding process, reducing resin waste.
  • Recycle: Since 2017, we have reclaimed over 10 million pounds of plastic that might have ended up in the ocean. 97% of our product packaging is fully recyclable.
The Letter S Graphic from Environmental, Social, and Governance Report

We believe that Altium cannot create value for society without first valuing the health and safety of our employees. We work hard to foster a culture in which employees place safety above production demands.

  • Safety Comes First: It’s integral to our Guiding Principles and all employees are encouraged to actively engage in the safety processes and culture in the facilities where they work.
  • Social Management: We care deeply for the well-being of our employees, offering competitive wages, benefits, Employee Assistance Program (EAP), and 401k.
  • Employee Ethics Engagement: We are committed to employee satisfaction. Our engagement survey, conducted through an independent third party, examines how employees feel about the basics of their job, and seeks their input on loyalty and motivation.
  • Diversity and Inclusion: Altium is committed to a diverse culture that celebrates individual differences and enables us to attract diverse talent.
  • Training & Development: We offer training and development to those with the desire to grow in their careers and take steps to encourage teammates to seek opportunities for advancement.
The Letter G Graphic from Environmental, Social, and Governance Report

Our first Guiding Principle, “Act with Integrity and in Compliance,” is the foundation for success of our governance program.

  • Data Accuracy & Accountability: To achieve consistent measurements and metrics related to our business and ESG efforts, we utilize reliable data and accountability systems.
  • Business Ethics: Our online Governance training program includes modules such as our Guiding Principles, the Code of Business Conduct, Sexual Harassment, Legal Compliance, and Management Ethics.
  • Risk Management: We use a variety of controls to manage risk. These controls include: our business mix (no single customer accounts for more than 9% of revenue); our Enterprise Risk Assessment (ERA) tool; internal and external auditing, and more.
Environmental, Social, & Governance Report 2023 Cover

Read the full report

If you wish to learn more about Altium Packaging’s Environmental, Social, & Governance initiatives and how it can impact your business, click the button below to email one of our representatives.