WINNIPEG, MB, Jan. 20,
2022 /CNW/ - 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.
SOURCE Winpak Ltd.