NEWS
RELEASE
Winpak
embraces environmental transparency by disclosing through CDP
WINNIPEG,
MANITOBA, January 20, 2022 – Winpak Ltd. (“Winpak” or the “Company”)
today announced that it has furthered its commitment to environmental
transparency by disclosing its environmental impact through Carbon Disclosure
Project (CDP), a global non-profit that runs the world’s leading environmental
disclosure platform. Winpak has disclosed through CDP since 2018, and for 2021
completed CDP’s Climate Change questionnaire.
Disclosing data around environmental impact is now a
business norm; in 2021, over 13,000 companies worth more than 64% of global
market capitalization disclosed through CDP. Over 75% of the S&P 500
disclose and more than 590 investors with US$110 trillion in assets under
management have requested environmental data from companies through CDP. By
disclosing, Winpak is prepared to handle the increasing demand for
environmental transparency from investors, customers and policymakers.
“Winpak is pleased to have achieved a score of B in its
latest filing”, states Phillip Crowder, Director, Corporate Sustainability.
“Winpak has set meaningful Sustainability targets that help us improve as
stewards of our utilized resources and ensure we reduce our environmental impact.
Disclosing through CDP helps us benchmark our efforts and ensures
accountability to our stakeholders.”
Simon Fischweicher, Head of Corporations and Supply
Chains at CDP North America, commented, “Climate change poses a present and
future risk to companies and their supply chains. Only by measuring
environmental risks and opportunities can companies manage them now, prepare
for the future and remain competitive – especially as large mainstream
investors and federal policymakers increasingly push for greater transparency
through disclosure. By disclosing their environmental impact through CDP,
Winpak has taken an important first step. I look forward to their continued
dedication to transparency and effort in securing a net-zero, sustainable and
just world.”
The companies disclosing through CDP can be accessed
here: https://www.cdp.net/en/responses
About Winpak
Winpak’s vision is to provide the best packaging
solutions for people and planet. Winpak
manufactures and distributes high-quality packaging materials and innovative
packaging machines, primarily used for the protection of perishable foods,
beverages, pharmaceuticals, medical and personal care.
Winpak specializes in three main streams of packaging –
Flexible Packaging, Rigid Packaging & Lidding, and Packaging
Machinery. The company is closely
aligned with Wipak, one of Europe’s leading manufacturers of packaging
materials. Winpak is actively engaged in
driving the principles of a Circular Economy, and is a member of the
Sustainable Packaging Coalition, Polypropylene Recycling Coalition, PAC
Packaging Consortium and CEFLEX.
Learn more about Winpak at www.winpak.com
About CDP
CDP is a global non-profit that runs the world’s
environmental disclosure system for companies, cities, states and regions.
Founded in 2000 and working with more than 590 investors with over US$110
trillion in assets, CDP pioneered using capital markets and corporate
procurement to motivate companies to disclose their environmental impacts and
to reduce greenhouse gas emissions, safeguard water resources and protect
forests.
Fully TCFD-aligned, CDP holds the largest environmental
database in the world, and CDP scores are widely used to drive investment and
procurement decisions toward a net-zero, sustainable and resilient economy. CDP
is a founding member of the Science Based Targets initiative, We Mean Business
Coalition, The Investor Agenda and the Net Zero Asset Managers initiative.
Visit cdp.net to find out more.
For further information about Winpak, please contact:
Caroline Schroen
Manager, Corporate Communications
204-889-1015
caroline.schroen@winpak.com
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