IMDPA Fundametals Newsletter [Q2]

Expert Article: The New World of Sustainability Platforms By Rebecca Lipscomb, Director Global Regulatory Affairs, INX International Ink Co S ustainability has become a buzzword over the past few years. One may find multiple definitions for sustainability. The World Health Organization (WHO) refers to it as sustainable development and defines it as “a broad term to describe policies, projects and investments that provide benefits today without sacrificing environmental, social and personal health in the future”. The EPA defines sustainability on one area of its website “as the ability to maintain or improve standards of living without damaging or depleting natural resources for present and future generations.” The European Commission has defined sustainability “as a means of meeting the needs of the present whilst ensuring future generations can meet their own needs”. However one defines sustainability, there are obvious commonalities and the take away is, the choices we make today will impact future generations. It’s time that we all consider the long term consequences of our decisions and do better. Sustainability platforms are an essential tool that businesses can use to achieve their sustainability goals. Sustainability platforms refer to a range of software and services that companies use to manage their sustainability data, measure their environmental impact, and communicate their sustainability achievements to stakeholders. These platforms play a critical role in supporting businesses to be more sustainable in their operations and supply chains. Sustainability platforms are crucial because they enable businesses to measure, track, and report on their sustainability performance. They help companies to identify areas where improvements can be made and provide benchmarks to compare their sustainability performance with competitors. Continued on page 4

Officers and Directors

President John Clark Heraeus Vice President Tim Duca** Canpack Secretary Treasurer Kyle Hurla** INX International Ink Co. Executive Director Michael Masenior** IMDPA

Bill Hoyle Hoyle Consulting . Art Hurley

Silgan Closures Sarah Jacks** INX International Ink Co. Jack Knight INX International Ink Co. Andy Layden Stolle Machinery Carl Martel Coral Chemical Ted Nevins Mauser Allan Sayers The Canmaker Mark Von Bokel SGS International Elena West** Ohio Art Michael Yavorski** Sherwin-Williams Co.

Bob Blandford Miltec UV Levi Boss Ball Corp. Sam Courtney VN Graphics

Craig Eberts* ** Paul Fennessy Crown Cork & Seal Mark Finch Silgan Containers John Friedman Northern Container Eugene Furey* ** Nick Hammer Trivium Packaging

* Honorary Member ** Committee Chair

FUNDAMETALS Newsletter

[2] Q2 2023

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