Letter from the President Introduction to our company
2023 has been a year in which we continued building our strong foundations to improve and expand our operations, while keeping our constant commitment to sustainability and regenerative practices. In 2023, we continued working across our four priority areas: fostering sustainable growth by embedding our values in our company culture, diversifying product offerings and markets, emphasising sustainability to differentiate the Group’s commitment, and identifying synergies across businesses to optimise value capture and retention. These priorities are aimed at achieving both long-term aspirations and immediate objectives, driving our group towards a more sustainable and regenerative future while capitalising on its scale, integration, and resources. One of our main achievements of 2023 has been our capacity expansion into a well-diversified international footprint, designed to be closer to our customers, providing them a better service and lower carbon impact. As examples, during 2023 we started up our new production facility in Italy which employs more than 80 employees today, and we also upgraded and increased our production capacity in Mexico and Brazil with new extrusion lines. As part of our growth and diversification strategy, Evertis has been working for over a year in developing a business line dedicated to medical and pharmaceutical clients: Evercare™. During 2023, we worked together with suppliers, technical teams and clients in developing our proposition to support healthcare customers looking for more sustainable packaging alternatives, while ensuring the highest standards on technical and regulatory requirements. Together with our expansion plans, we continued working on actively demonstrating the circularity potential of PET products through our Renascis business. Through our Innovation Task Force initiative, we managed to identify an efficient and
effective technology to successfully delaminate PET material from multi-layer films. This proprietary technology has been used to build a new recycling unit focused on multilayer films with a capacity of 350 tonnes per month. This is an exceptionally innovative and circular investment which will support Evertis and the industry to meet its circular ambitions. Circularity, renewable energy, energy efficiency and sustainable raw materials are part of our key strategies towards our goals of reduction of our carbon footprint. To reinforce our decarbonisation plans, we adhered to the Science-Based Targets initiative (SBTi), as a complement to our ongoing calculation of Life Cycle Assessments (LCAs) of all our products. These initiatives are part of our commitment to transparency and reduction of carbon footprint. Other important milestone in 2023 includes the certification of our production facilities in Mexico and Portugal under ISO 45001 for Occupational Health and Safety (OHS) management systems, and in Mexico and Brazil under ISO 14001 for Environmental Management systems. These certifications underscore our dedication to upholding the highest standards of safety, health, and environmental responsibility. Looking ahead, our focus remains on driving regenerative management practices, fostering innovation, and strengthening partnerships to create lasting positive impacts. We are actively engaged in initiatives such as the Business Coalition for a Global Plastics Treaty, demonstrating our commitment to collaborative solutions for tackling plastic pollution. In conclusion, I want to express my gratitude to our employees, customers, partners, and other stakeholders for their unwavering support and dedication to our sustainability journey. Together, we will continue to lead the way towards a more sustainable and regenerative future. Manuel Matos Gil Group President
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OUR COMPANY
STRATEGY
CIRCULARITY
INNOVATION
ENVIRONMENT
GOVERNANCE
PEOPLE
ADDENDUM & GRI
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