Technimark Environmental Sustainability Policy
Revised May 13, 2024
Technimark’s sustainability vision is to create value for our customers and the world around us by designing and manufacturing solutions that improve the lives of people while protecting the planet. As a global leader in the plastics industry, we aim to be the sustainable supplier of choice for our customers by working to minimize environmental impact across all aspects of our business.
We commit to the following principles and practices:
- Meeting or exceeding all applicable federal, state and local regulations and standards to protect the environment and the health and safety of our workforce and communities.
- Minimizing our use of energy, water and raw materials by always prioritizing efficiency in how we build, manage and operate our facilities.
- Limiting our impact on the planet and climate change by reducing our greenhouse gas (GHG) emissions through resource efficiency and investments in renewable energy.
- Monitoring and measuring air emissions and wastewater discharges to prevent local air and water pollution.
- Encouraging a Zero Waste mindset with our associates and business partners, always looking for ways to reduce, reuse, recycle and compost materials so we avoid waste to landfill, incineration or the environment. We strive to eliminate plastic resin pellet, powder and flake loss in operations.
- Replacing or eliminating the use of hazardous substances. Where hazardous substances must be used, we will prevent accidental pollution by implementing best practices and ensuring disposal meets regulatory requirements.
- Partnering with our customers to design products for recyclability and reuse, incorporate recycled and renewable resins, and minimize the amount of plastic resin in molded parts. Every year, we increase our use of recycled materials in our manufacturing facilities. Through our subsidiary, Wellmark, we are a leader in plastics recycling.
- Recognizing the value of nature and the importance of conserving biodiversity – the variety of all living things – for the well-being of people and our planet. Through our environmental management system, we will address and limit any identified impacts.
- Creating a culture of environmental awareness and responsibility through training, educational opportunities, and forums where green ideas are sought, shared, and rewarded.
- Setting ambitious targets and implementing a global program to effectively track performance and enable continuous improvement toward our sustainability goals.
- Engaging with our suppliers on environmental issues and assessing their compliance with our Global Supplier Standards.
Our 2030 Ambition:
Our commitment to the above principles and practices will advance the goals set across the People, Planet and Product pillars of our sustainability strategy:
Climate Impact: We strive to reduce operational (Scope 1 and 2) emissions 42% by 2030 as compared to a 2021 baseline. This is aligned with the reductions required to limit global warming to 1.5°C. Because electricity is the most significant source of our operational emissions, our manufacturing sites will work to reduce electricity use 2% per year.
Waste Reduction: We aim to minimize waste generation and utilize the most sustainable treatment methods for waste disposal. Our goal is to promote zero waste initiatives and achieve Zero Waste to Landfill certification at the majority of sites globally by 2030.
Recycled Resins: We aim to increase Wellmark’s production of post-consumer resin by 30% by 2030 as compared to a 2021 baseline.
Product Content: Our goal is that greater than 75% of the solutions in our consumer packaging and proprietary lines are recyclable, recycled, refillable and/or reusable.
Product Design: We will lead sustainable design in healthcare by offering sustainable solutions for the products and packaging we manufacture.
Substances of Concern: We aim to eliminate substances of concern in our products and manufacturing process where possible.
