CHICAGO, Oct. 17, 2024 /PRNewswire/ -- Charter Next Generation (CNG), a leader in specialty films and material science solutions, proudly announces the release of its first-ever Sustainability Report. This report showcases significant advancements made in 2023 as CNG fulfills its purpose of "Enhancing Lives for a Better World," focusing on four strategic pillars: Customers, Planet, People, and Communities.
Key Highlights from the 2023 Report:
"At CNG, adaptability and innovation are fundamental to our success in safety, sustainability, and financial performance," said Kathy Bolhous, Chairman and CEO. "These dedicated efforts in 2023 have led to substantial progress in our sustainability commitments, including doubling the volume of sales of sustainable film products and establishing ambitious greenhouse gas emissions reduction targets. Driven by our commitment to purpose and people, we are positioned to make a lasting impact and achieve sustainable growth."
With this first report, CNG reaffirms its commitment to transparent data disclosure, focusing on aligning with frameworks such as the SBTi, CDP, and the United Nations Sustainable Development Goals (UNSDGs). CNG also reports to the Task Force on Climate-related Financial Disclosures (TCFD).
"CNG is seeing strong growth in recycle-ready films and is expanding its range of sustainable products by incorporating PCR content and innovating with compostable films," said John Garnett, Senior Vice President of Sustainability, Technical, and Innovation. "In 2024, our goal is to double sales of sustainable films once again."
"We're committed to a sustainable, low-carbon future by minimizing our carbon footprint and helping our customers achieve their sustainability goals," he continued. "With ambitious emissions targets and a focus on zero waste, we design recycle-ready products and use recycled, bio-based, and compostable materials to support a circular economy."
More information on CNG's sustainability progress can be found in the full report and dedicated Sustainability section on the CNGinc.com website.
1. Recycle-ready measures packaging designed for recyclability with current technology, following standards from the Association of Plastics Recyclers (APR), Circular Economy for Flexible Packaging (CEFLEX), and similar organizations. This metric does not reflect the actual amount of flexible packaging that is recycled.
2. Industry average data is based on the Bureau of Labor Statistics (BLS) Injuries, Illnesses, and Fatalities (IIF) program, which provides comprehensive information on workplace injuries and illnesses. This data is collected and reported annually through the Survey of Occupational Injuries and Illnesses (SOII) and the Census of Fatal Occupational Injuries (CFOI).
About Charter Next Generation
Charter Next Generation (CNG) is a leading provider of specialty films and material science solutions in North America, serving essential markets including food, consumer goods, industrial, and healthcare. Since 1971, we have showcased exceptional manufacturing capabilities across 16 U.S. facilities. Driven by our 2,200+ employee owners, CNG helps address a broad range of global challenges, such as food preservation, waste reduction, energy efficiency, wage equity, and climate change, by leveraging cutting-edge innovation and advanced materials. Committed to addressing sustainability, circularity, and a low-carbon future, we aim to enhance lives and lead with purpose. As a proud partner of Ownership Works™, we empower employees by giving them a stake in the value they create. Visit cnginc.com, follow us on LinkedIn, or contact media@cnginc.com.
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SOURCE Charter Next Generation, Inc.