Charter Next Generation (CNG)
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:1,928,869 tCO2eq
Scope 1 Emissions:10,991 tCO2eq
Scope 2 Emissions:142,319 tCO2eq
Scope 3 Emissions:1,775,559 tCO2eq
Renewable Energy Share:16%
Waste Generated:6.1 million lbs diverted from landfills
ESG Focus Areas
- Customers
- Planet
- People
- Communities
Environmental Achievements
- Achieved zero waste to landfill status at 7 CNG sites, diverting more than 6.1M lbs. of waste
- Near-term and net zero GHG emission reduction targets validated by SBTi in alignment with the Paris Agreement
- 86% of specialty films portfolio is recycle-ready, where recycling infrastructure allows
- Grew specialty film volume containing post-consumer recycled materials by 400%
- Supported the collection of 423,000 lbs. of plastic through the Trex Plastic Film Recycling Challenge
Social Achievements
- Strengthened Employee Ownership Program and launched TrustPlus, a financial counseling initiative
- Improved employee safety with a 65% reduction in the lost-time incident rate
- Donated nearly $525,000 to local communities, supporting over 80 organizations
- 100% of employees completed Code of Conduct training
- 100% of Community Giving Funds are employee-directed
Governance Achievements
- Established greenhouse gas emissions reduction targets
- Sustainability strategy aligned with SBTi, UN SDGs, CDP, and TCFD
- Conducted first materiality assessment in 2023
- Earned an A- Rating for supplier engagement and a B score for climate change performance from CDP
- Achieved EcoVadis Bronze rating - Top 35% of companies rated by EcoVadis
Climate Goals & Targets
Long-term Goals:
- Reduce absolute Scope 1 and 2 GHG emissions 90% by 2050
- Reduce Scope 3 GHG emissions 97% per kilogram of film produced by 2050
Medium-term Goals:
- Increase the proportion of renewable energy in our operations by 2030
Short-term Goals:
- Reduce absolute Scope 1 and 2 GHG emissions 42% by 2030
- Reduce Scope 3 GHG emissions 52% per kilogram of film produced by 2030
- Achieve zero waste to landfill at all CNG facilities by year-end 2025
Environmental Challenges
- Reducing Scope 3 emissions (purchased goods and services, transportation)
- Recycling or transforming plastic films at end-of-life for minimal environmental impact
Mitigation Strategies
- Partnerships with suppliers to reduce emissions of incoming resin, increase usage of PCR and other reduced-emissions raw materials, and grow our use of carbon-negative raw materials
- Maximizing use of rail transport for incoming resin and minimizing less-than-truckload (LTL) shipments to customers
- Investing in recycling machinery and equipment
- Partnerships with post-consumer recycled (PCR) plastic suppliers
Supply Chain Management
Supplier Audits: Supplier Sustainability Survey to the majority of suppliers, representing more than 80% of our direct procurement spend
Responsible Procurement
- Supplier Sustainability Survey
- Business Partner Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SBTi, UN Global Compact, CDP, TCFD
Certifications: How2Recycle (250+ pre-qualification letters), ISCC PLUS (3 sites), GreenCircle (21 certifications), EcoVadis Bronze
Sustainable Products & Innovation
- GreenArrow™ sustainable films (recycle-ready, recycled content, compostable, low carbon)
Awards & Recognition
- Chicago Foundation’s Outstanding Corporate Citizen Impact Award
- YWCA Outstanding Leader in Business award