Slide 1: Contents
Contents 1. Executive Summary 2 2. Introduction 5 Letter from Our CEO 6 About PPG 8 Our Commitment to Sustainability 14 3. Environment 17 Product Innovation & Stewardship 18 Carbon Footprint 26 Waste 30 4. Social 33 Employee Engagement 34 Health & Safety 38 Diversity & Inclusion 40 Modern Slavery 42
Slide 2: Executive Summary
Executive Summary Scope of Emissions Scope 1 GHG Emissions (tCO2-e) 1,883 % Share of Emissions 7% Pro-Pac is committed to driving • Improve the accuracy of our data Scope 2 19,766 79% sustainability across its business, regarding the review of operations and communities. We have packaging against th
Slide 3: Introduction
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Slide 4: Letter from Our CEO
Letter Pro-Pac commits to taking a holistic approach to from sustainability that considers our business, planet and Our CEO communities At Pro-Pac, we understand that sustainability We understand that we cannot solve these is a growing priority for our customers and complex challenges alone. In the
Slide 5: About PPG
OurOperations Pro-Pac is a diversified manufacturing Our product range is diversified and and distribution business and is an addresses many packaging and related Australian leading end-to-end needs including corrugated cartons, packaging solutions provider for the protective packaging, strapping, i
Slide 6: Our People
In PPG, we operate under two broad divisions: Our People Specialty Packaging Flexibles Division Our workforce is made up of Division operational, non-operational, and enabling employees. Our Pro-Pac Packaging Employees O ur Flexibles Division, primarily trading under the banners of Integrated operat
Slide 7: Our Supply Chain
Our SupplyChain Top spend categories are set out on the graph below: The countries of origin of Asset & equipment purchase finished products, components Lease & occupancy and other products were as IT, software & telecommunications follows: Australia, China, United Arab Emirates, India, Indonesia, I
Slide 8: Our Commitment to Sustainability
Our commitment to sustainability falls across three areas of impact Better Business • Engaged Workplace - A safe and inclusive environment where our employees are recognised and empowered to be their best selves. • Active Governance - Proactive governance that exceeds obligations and steers our indu
Slide 9: Environment
17 ENVIRONMENT 16
Slide 10: Product Innovation & Stewardship
APCO PPG has been a member of the We actively support our customers Australian Packaging Covenant to meet their packaging goals by Organisation (APCO) since 2012. As a utilising the Sustainable Packaging member of APCO, we continually Guidelines to: strive to improve our performance to • Optimise th
Slide 11: New Zealand Plastic Packaging Declaration and Innovation Approach
New Zealand Our Innovation Plastic Packaging Approach Declaration Pro-Pac are committed to creating scalable, innovative and sustainable solutions. The challenges our industry is facing are complex and Structured We use a structured approach to innovation to ensure our activities are deliberate, rep
Slide 12: High Performing Recycled Content Films
High Performing Recycled Content Films Pro-Pac are developing several These recycled content product recycled content products in low exceed the 2025 National gauge, high performance film Packaging Target for 10% recycled applications. content in films applications. They are expected to be commercia
Slide 13: Mono-material Food Packaging and PVC Substitute
Mono-material Food Packaging Multi-laminate food packaging is Pro-Pac’s Perfection Packaging a problematic, single-use business has developed a packaging format as they are portfolio of solutions enabling difficult to recover and recycle, customers to move to ‘mono- particularly in Australia after t
Slide 14: 2022 Carbon Footprint
2022 Carbon Carbon Accounts Footprint Pro-Pac is committed to reducing our greenhouse gas emissions and to contributing to global ambitions to limit global temperature rises to 1.5 degrees. In 2022, we measured our 2021 carbon baseline which saw the After removing these business units from the calcu
Slide 15: Reduction & Data Improvement Initiatives
Reduction & Data Improvement Improvement Pro-Pac are working with Microsoft to implement a digital solution that enables the company to semi- This capability will enable Pro-Pac to gather near-real time data as well as improve its overall data accuracy. Initiatives automate its carbon data collectio
Slide 16: Waste
Waste Review Pro-Pac’s commitment to There were several waste streams sustainability extends beyond its such as plastic, metal, paper and products into its operations. To cardboard, drums and pallets that had be leaders in the low carbon clear recycling routes. Other waste circular economy, we recog
Slide 17: Social
33 SOCIAL 32
Slide 18: Our Core Values
Our Core Values How we conduct our business is just ensuring that our customers are rewarded as important to us as what we do. Our with high quality products and services. commitment to acting lawfully, Our values also keep us focused so that ethically and responsibly is reflected in we can build lo
Slide 19: Employee Engagement Survey
Employee Engagement Survey In 2022, Pro-Pac conducted an Employee Engagement Survey to better gauge our team members’ 67% Employee engagement and satisfaction, Response Rate and to more deeply understand what we are doing well and can improve at. 65% The survey highlighted that Authenticity and Bala
Slide 20: Health & Safety
The health and safety of our people There has been much change in the is a priority at Pro-Pac. It is the company over the past 12 months. We responsibility of everyone in our are reviewing and realigning our safety business to ensure our people framework to suit the new structure return home safely
Slide 21: Diversity & Inclusion
Pro-Pac recognises that diversity and inclusion are key to enabling a thriving organisational culture. The 33% business has implemented several Target to increase board initiatives to ensure diversity and representation of women by inclusion is prioritised including: June 2024. • Flexible work arran
Slide 22: Modern Slavery Statement
Modern Slavery Modern Statement Slavery Each year, Pro-Pac publishes a Additionally, we deliver many Modern Slavery Statement describing ongoing activities to ensure we are its business operations and key adequately monitoring and managing improvement initiatives. our Modern Slavery risks. These inc
Slide 23: Assessing Key Suppliers and Modern Slavery Training
Assessing Key Suppliers In the financial year For our three major suppliers, 2022/2023, we conducted no Modern Slavery risks were four deeper assessments of identified. However, for our key or high-risk suppliers. cotton product supplier their This included three major audit reported excessive suppl
Slide 24: Governance
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Slide 25: Board and Committees
Board and Committees The Board of Directors is responsible for the There are two sub-committees: overall corporate governance of Pro-Pac. • Remuneration and Nomination Their role is to ensure the company is Committee responsibly managed, that shareholder • Audit, Business Risk and Compliance interes
Slide 26: Quality & Compliance Policies
Quality & Policies Compliance Pro-Pac’s Code of Conduct outlines Workplace Health and Safety how the company expects its team Policy members to behave and conduct This policy states Pro-Pac’s business. It is supported by a range commitment to the management of of Board-approved policies that health,
Slide 27: Certifications, External Signatories and Accreditations
Certifications Quality Food safety • ISO 9001 • HACCP • FSSC 22000 External Signatories and Accreditations • Australian Packaging Covenant • Soft Plastics Recycling Scheme Organisation • Operation Clean Sweep • New Zealand Plastic Packaging • Supplier Ethical Data Exchange Declaration (SEDEX) 53 51
Slide 28: Pro-Pac is an Australian and New Zealand business that is
Pro-Pac is an Australian and New Zealand business that is focused on using its investment and manufacturing expertise to capitalise on key industry trends including innovation and sustainability. Pro-Pac is listed on the Australian Securities Exchange (ASX:PPG). C orporate Office 83-85 Banbury Road,