Supremex Unveils Its First Environmental, Social, and Governance Report
Supremex Inc. (“Supremex” or the “Company”) (TSX: SXP), a prominent manufacturer and marketer of envelopes in North America, along with its expanding range of paper-based packaging solutions, has announced the release of its inaugural Environmental, Social, and Governance (“ESG”) report. This report signifies an important milestone in the Company’s journey to understand its impact on both the environment and society, while also outlining its sustainability goals for the future.
Key Focus Areas of the ESG Report
The ESG report covers activities from the fiscal year ending December 31, 2023. Supremex has dedicated efforts to establish an ESG committee comprising employees from various departments. This committee has gathered pertinent information from each operational segment and analyzed stakeholder needs to create a strategic approach aimed at delivering value throughout the ESG process.
Environmental Efforts
In the Environmental section of the report, Supremex details its initiatives to assess its carbon footprint, manage resources wisely, and encourage eco-friendly practices across all production processes. The Company is committed to minimizing its environmental impact by adopting sustainable operational strategies.
Social Impact
The Social section emphasizes initiatives designed to enhance employee well-being, promote diversity, engage with the community, and ensure ethical supply chain management. Supremex acknowledges the significance of maintaining a diverse and inclusive workplace and is dedicated to continuous improvements in its corporate social responsibility efforts.
Governance Framework
The Governance section reviews the existing governance structures within the organization, evaluates the effectiveness of the board, and addresses risk management. Supremex is committed to strong governance practices that align with stakeholder interests, ensuring that accountability and transparency remain central to its operations.
CEO's Dedication to ESG Principles
Stewart Emerson, President and Chief Executive Officer of Supremex, emphasized the Company’s commitment to ESG principles. 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 leading manufacturer and marketer of envelopes in North America, while also expanding its offerings in paper-based packaging solutions. The Company operates ten manufacturing facilities across various provinces and states, employing around 900 people. Supremex's extensive network allows it to efficiently produce and deliver envelope and packaging solutions tailored to the needs of major national and multinational corporations, direct mailers, resellers, government entities, SMEs, and solutions providers.
Contact Information
If you have any questions regarding the ESG report or other company-related matters, please 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 emphasizes three main areas: Environmental initiatives, Social contributions, and Governance structure.
How does Supremex plan to measure its carbon footprint?
Supremex has implemented strategies for assessing its carbon emissions and is dedicated to managing its resources sustainably.
What initiatives does Supremex have for employee well-being?
Supremex is committed to promoting diversity, engaging with the community, 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 additional information by visiting the Supremex website.
