Potential offtaker

Intertape Polymer Group Inc.

www.itape.com

Estimated electricity consumption

N/A

Countries of production presence

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Intertape Polymer Group Inc. (IPG) is a leading manufacturer of protective packaging materials based in Canada. With over 60 years of experience in the industry, IPG has established itself as a trusted supplier of innovative packaging solutions to customers across a wide range of industries.

IPG's product portfolio includes a range of protective packaging materials such as tapes, films, and wraps, which are designed to protect goods during transportation and storage. The company's products are used in a variety of industries such as automotive, construction, food and beverage, and healthcare.

In recent years, IPG has been actively pursuing decarbonisation initiatives to reduce its environmental impact. The company has set ambitious targets to reduce its greenhouse gas emissions and transition to renewable energy sources.

One of the key initiatives undertaken by IPG in this regard is the implementation of corporate energy programs. The company has invested in energy-efficient technologies and processes to reduce its energy consumption and carbon footprint. IPG has also implemented a range of energy-saving measures such as LED lighting, energy-efficient HVAC systems, and building automation systems.

In addition to these measures, IPG has also entered into corporate power purchase agreements (PPAs) to source renewable energy. Under these agreements, the company purchases renewable energy from third-party providers, which helps to reduce its reliance on fossil fuels and lower its carbon emissions.

IPG's commitment to decarbonisation and renewable energy is reflected in its recent sustainability report. The company has set a target to reduce its greenhouse gas emissions by 25% by 2025, compared to its 2019 baseline. To achieve this target, IPG is focusing on reducing its energy consumption, transitioning to renewable energy sources, and improving the efficiency of its operations.

IPG's sustainability efforts have been recognized by various organizations. The company has been included in the Dow Jones Sustainability Index (DJSI) for North America for the past three years. The DJSI is a leading benchmark for corporate sustainability performance, and inclusion in the index is a testament to IPG's commitment to sustainability.

In addition to its sustainability initiatives, IPG is also focused on innovation and product development. The company has a dedicated research and development team that is constantly working on new and innovative packaging solutions. IPG's products are designed to meet the evolving needs of its customers and to provide superior protection for their goods.

Overall, Intertape Polymer Group Inc. is a leading player in the protective packaging materials sector, with a strong focus on sustainability and innovation. The company's commitment to decarbonisation, renewable energy, and energy efficiency is commendable, and it is well-positioned to meet the evolving needs of its customers in a sustainable and responsible manner.

✓ Science Based Targets member
✓ Declared Net Zero commitment