Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Responsibility
• Economic Sustainability
• Employee Ownership
• Renewable Energy

Environmental Achievements

• Achieved zero landfill status by sending trash to an energy-from-waste facility.
• Installed a 1-megawatt rooftop solar array, the largest roof-mounted system in Bucks County, PA at the time of installation.
• Reduced energy usage through building improvements (lighting upgrades, cool roof, energy-efficient windows, screens on dock doors, electrical system upgrades, high-efficiency motors, power correction modules).
• Implemented company-wide recycling programs for cardboard, toner cartridges, ink jet cartridges, single-use batteries, and electronics.
• Recycles plastic and silicone scrap from manufacturing processes.

Social Achievements

• Became a 100% employee-owned corporation in 2019.
• Established a Wellness Committee focused on employee health and fitness.
• Donated refurbished laptops to a school in Cambodia.
• Active participation in the Toys for Tots program.
• Established a Helping Hands Committee for community outreach.
• Partners in Education program to support local high schools.
• Semiannual blood drives in association with the American Red Cross.
• Offers employee reimbursement for work-related college courses.

Governance Achievements

• Achieved Certified B Corporation™ status in 2020.
• Established a Safety Committee to develop security protocols and conduct training.
• Established a Green Committee to promote reduce-reuse-recycle initiatives.

Climate Goals & Targets

Environmental Challenges

• Minimizing environmental impact of manufacturing operations using millions of pounds of plastic and silicone materials annually.
• Reducing energy consumption in a large manufacturing facility.

Mitigation Strategies

• Implementation of renewable energy sources (solar panels).
• Building improvements to enhance energy efficiency.
• Waste reduction and recycling programs.
• Use of AC technology for reach trucks, resulting in extended battery life and higher operating efficiency.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: B Corp

Certifications: Certified B Corporation™

Awards & Recognition

• PennFuture’s “Green Power: Make It” award
• Wharton Family Business of the Year Award

Environmental Metrics

ESG Focus Areas

• Resource Management
• Customer Satisfaction
• Team Member Engagement and Satisfaction
• Team Member Recruitment, Training, Development, and Retention
• Team Member Health, Safety, and Wellness
• Diversity, Equity, and Inclusion
• Supply Chain Assessment
• Compliance
• Ethics and Transparency
• Business Continuity and Sustainability Management

Environmental Achievements

• Net zero scope 2 emissions in US operations achieved through renewable energy sources (solar and RECs)
• Reduced energy consumption by one-third by changing to LED bulbs
• Recycled 81.47 metric tons of silicone in 2023
• Generated 1.3 million kWh from on-site solar arrays in 2023

Social Achievements

• Launched Employee Stock Ownership Plan (ESOP) in 2006, becoming 100% employee-owned in 2019
• Established several team member committees (Helping Hands, Green Committee, Wellness Committee, ESOP Communications Committee, Fun Committee) to support environmental and social initiatives
• Held first cohort of management training for mid-level team members
• 89% of team members reported being satisfied and engaged in 2023 employee engagement survey

Governance Achievements

• Finalized 10 Guiding Principles
• Submitted B Corp recertification
• Submitted to EcoVadis, earning a Silver rating (top 25% of industry)
• Implemented Hoshin Kanri Catchball process for strategic planning
• Developed and implemented environmental policy in January 2024
• Updated supplier survey to collect information on supplier environmental and social practices
• Developed a Sustainable Procurement Policy (implemented January 2024)

Climate Goals & Targets

Environmental Challenges

• Understanding and managing scope 3 emissions
• Reducing water usage
• Further reducing waste generation across the value chain
• Addressing potential climate risks to the business
• Ensuring responsible water practices across the value chain
• Managing sustainability risks across the supply chain

Mitigation Strategies

• Conducting a scope 3 inventory in 2024
• Exploring more efficient processes and infrastructure for water conservation
• Setting a baseline measurement for waste performance by the end of 2024 to explore future reduction efforts
• Conducting a climate risk analysis and implementing a climate transition and decarbonization plan by the end of 2025
• Setting a baseline year measurement for water use by the end of 2024 to establish future reduction targets
• Conducting a supplier risk assessment to understand sustainability risks across the value chain

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct
• Sustainable Procurement Policy
• Supplier risk assessment

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards 2021, SASB Standards: Containers and Packaging category

Certifications: B Corp, ISO 9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed