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Rooted in

SUSTAINABILITY

2023-2024 Environmental, Social,
and Governance Report

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Rooted in
Sustainability

As a company, our roots run deep. We were founded 80 years ago by father-and-son team Abraham and Phil Granovsky. Over the decades, the team grew, their ideas grew, and their operations grew, as the company responded to the evolving needs of new generations. But one thing remained unwavering: our dedication to building a responsible, sustainable company. At Atlantic Packaging, sustainability isn’t a trend; it’s woven into our DNA. We have always created high-quality packaging that is environmentally responsible. As innovators, we are committed to driving sustainability – at our company, within our industry, and for our customers – by creating packaging that is respectful of resources and our planet.

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Environmental Leadership

2030 Goal

Reduce scope 1 & scope 2 GHG emissions intensity (per MSF*) at our mills by
20%

2030 Goal

Reduce water consumption intensity (per MSF*) at our mills by
15%

2030 Goal

Reduce waste intensity (per MSF*) at our mills by
20%

*One thousand square feet

Atlantic Packaging has proudly been manufacturing predominantly recycled-based products since 1969

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People and Communities

2030 Goal

Achieve Occupational Safety and Health Administration (OSHA) rate of 1.89
1.89

2030 Goal

Maintain our record of
0 fatalities

2030 Goal

Increase employee engagement score to
4.25
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Giving Back to Our Communities

For over 26 years, Atlantic Packaging has supported the Juvenile Diabetes Research Foundation (JDRF), a global leader in Type 1 Diabetes (T1D) research. In June, our Ontario team and their families participated in the JDRF Walk to Cure Juvenile Diabetes, with others sponsoring their colleagues. Atlantic matched all employee donations dollar for dollar. Since 2019, we’ve proudly donated $1 million to JDRF, thanks in large part to the advocacy and fundraising efforts of our Quebec and Ontario teams.

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Responsible Management

Number of independent Board Advisors
4
Percentage of Board of Advisors and Board of Directors that are women
42%
Number of suppliers aligned to Supplier Code of Conduct
437
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A Sound, Transparent Governance Structure

Our Board of Directors (BoD) plays an integral role in setting direction and having oversight of our ESG initiatives. At Atlantic Packaging, we also have an independent, third-party Board of Advisors who advise the BoD. They bring specialized knowledge, ensure an objective perspective. and provide enhanced credibility to the company’s overall governance.

As we strive to continuously improve our ESG disclosure, we value input from all our stakeholders and welcome your feedback. Any ESG inquiries can be directed to esginquiries@atlantic.ca.