Supremex Launches First Environmental, Social and Governance Report
Supremex Releases Inaugural Environmental, Social and Governance Report
Supremex Inc. (“Supremex” or the “Company”) (TSX: SXP), a leading North American manufacturer and marketer of envelopes and a growing provider of paper-based packaging solutions, has announced the release of its first Environmental, Social and Governance (“ESG”) report. This report marks a significant step in the Company’s commitment to understanding its impact on the environment and society while outlining its future sustainability goals.
Focus Areas of the ESG Report
The ESG report details the activities for the fiscal year ended December 31, 2023. Supremex has focused efforts on building an ESG committee from employees across the organization, gathering relevant information from each operational segment, and analyzing stakeholder requirements to develop a strategic approach. This approach aims to deliver value throughout the ESG process.
Environmental Initiatives
In the Environmental section of the report, Supremex has outlined its efforts to measure its carbon footprint, manage resources effectively, and promote eco-friendly practices in all aspects of its production. The Company is committed to reducing its environmental impact through the implementation of sustainable operational strategies.
Social Contributions
The Social component highlights initiatives aimed at fostering employee well-being, diversity, community engagement, and ethical supply chain management. Supremex recognizes the importance of a diverse and inclusive workplace and is committed to ongoing improvements in its corporate social responsibility.
Governance Structure
In the Governance section, the report reviews the governance structures in place within the organization, assesses board effectiveness, and discusses risk management. Supremex strives for strong governance aligned with the interests of its stakeholders, ensuring that accountability and transparency are at the forefront of its operations.
CEO's Commitment to ESG Principles
Stewart Emerson, President and Chief Executive Officer of Supremex, expressed the Company’s dedication to the principles of ESG. He stated, “As stewards of the environment, responsible corporate citizens, and advocates for positive change, we recognize the critical role ESG plays in shaping our future. A more thorough understanding of our impact in such areas will provide Supremex with the ability to carry out targeted sustainability practices and initiatives that will have a significant positive effect on the environment, our employees, and local communities.”
About Supremex
Supremex is a prominent North American manufacturer and marketer of envelopes while also expanding its offerings in paper-based packaging solutions. The Company operates ten manufacturing facilities across various provinces and states, employing approximately 900 individuals. Supremex's extensive network enables it to efficiently produce and deliver envelope and packaging solutions tailored to the specifications of major national and multinational corporations, direct mailers, resellers, government entities, SMEs, and solutions providers.
Contact Information
For further inquiries regarding the ESG report or other company-related matters, interested parties can reach out to:
François Bolduc, CPA
Chief Financial Officer
Email: investors@supremex.com
Phone: 514 595-0555, extension 2316
Martin Goulet, M.Sc., CFA
MBC Capital Markets Advisors
Email: mgoulet@maisonbrison.com
Phone: 514 731-0000, extension 229
Frequently Asked Questions
What is the purpose of Supremex's ESG report?
The ESG report outlines Supremex's commitment to environmental sustainability, social responsibility, and governance practices, providing transparency to shareholders and stakeholders.
Which areas does the ESG report focus on?
The report focuses on three key areas: Environmental initiatives, Social contributions, and Governance structure.
How does Supremex plan to measure its carbon footprint?
Supremex has implemented strategies for measuring its carbon emissions and is dedicated to managing its resources sustainably.
What initiatives does Supremex have for employee well-being?
Supremex is committed to fostering diversity, community engagement, and creating a supportive work environment for all employees.
How can stakeholders learn more about Supremex's ESG commitments?
Stakeholders can view the full ESG report and find more information by visiting the Supremex website.
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