2020 Sustainability Report

We believe sustainability is one of the core growth drivers of our business in the long term. On June 21, 2021, our parent company, Intertape Polymer Group (IPG), published its 2020 Sustainability Report, and we are very proud to share the highlights here.

Greg Yull, President and CEO of IPG, commented: “We embrace sustainability at IPG as a way to conduct ourselves every day. Practicing respect toward one another and our communities, delivering innovations and striving for efficiencies and eliminating waste in the use of raw materials, water and energy are inherent to our values. This year’s report details our approach toward sustainability, our achievements and where we have more work to do. The report builds on our prior work and enhances our disclosure, including a materiality assessment to guide our strategy and judge our performance against.”

• Committed to developing safe, circular, and sustainable products as demonstrated with the adoption of a Sustainable Product Design and Development Vision, which places the precautionary principle outlined in the United Nations Global Compact (the “Compact”) and the Cradle to Cradle® (C2C) design principles as central pillars to guide our aspirational sustainable product lifecycle goals

• Expanded the number of products under the Cradle to Cradle Certified(TM) Product Standard, a globally recognized measure of safer, more sustainable products and was the first to certify water-activated tape, stretch and shrink films, woven structure membranes, as well as acrylic and hot melt carton sealing tapes subsequent to the end of the year

• Awarded the 2020 ENERGY STAR® Partner of the Year, the sixth year in a row

• Completed the initial EcoVadis supplier reporting assessment to measure and develop our roadmap for further development

• Updated supplier contracts to include IPG’s participation in the Compact and the Company’s expectation that suppliers abide by its commitments, even if they are not signatories themselves

• Established a new Environmental, Social and Governance committee on the Board of Directors to govern IPG’s stakeholder sustainability activities

• Formalized our sustainability senior management structure by introducing a new Vice-President, Sustainability, that reports to the Chief Financial Officer, with responsibility to coordinate and direct the Company’s sustainability strategy

• Signed the Association of Plastics Recyclers Demand Champion Commitment letter signifying our support of including increased amounts of post-consumer recycled content in our products

• Joined REBA, the Renewable Energy Buyers Alliance, a group of large, clean energy buyers, energy providers, and service providers working with NGO partners to unlock the marketplace for nonresidential energy buyers, enabling a more rapid transition to a zero-carbon energy future

• Improved worker safety with a 1.9 total case incident rate2 (TCIR) and a 0.6 lost workday case incident rate2 (LWCIR) in 2020

• 21% of total IPG sales were C2C certified by the end of 2020

• 47% of the Company’s packaging products, by sales, were recyclable, reusable or compostable by the end of

  2020

• 7.0% reduction in direct energy use in 2020 compared to 2019

• 7.2% reduction in energy intensity in 2020 compared to 2019

• 5.9% reduction in direct CO2 emissions in 2020 compared to 2019

• 2.8% reduction in carbon intensity in 2020 compared to 2019

• 6.4% reduction in water usage in 2020 compared to 2019