CompoSecure Releases Inaugural ESG Report Showcasing Sustainability Leadership
19 Juin 2024 - 11:30AM
CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards,
security, and authentication solutions, announced that it published
its inaugural 2023 ESG annual report.
As described in the report, CompoSecure has demonstrated its
commitment to sustainability, highlighted by its premium metal
payment cards which offer sustainability advantages compared to
plastic cards. CompoSecure’s metal payment cards are more durable,
have a longer product lifespan and are made of 65% post-consumer
recycled stainless steel. CompoSecure reviews, assesses and adapts
its operational activities to ensure its ESG activities meet or
exceed its ESG goals with a focus on driving positive outcomes for
its customers, employees, communities and stakeholders.
CompoSecure’s ESG initiatives over the past year included:
- Introduction of Innovative
Waterless Cleaning Process: Conscious that metal card
manufacturing is a water-intensive process, CompoSecure initiated a
project to implement waterless cleaning in certain production
operations The new project exceeded our expectations, reducing our
water usage by 31.5% in 2023 within those test areas. The process
is currently being qualified for use in other areas of card
production.
- Launch of a Card Return and
Recycling Program: CompoSecure launched a card return and
recycling program last year to support closed-loop material use.
The program offers US-based customers an opportunity to reduce
waste streams through secure disposal and facilitated reuse of card
materials.
- Prioritization of Community
Support and Outreach: CompoSecure’s team actively engages
with local and regional organizations, addressing challenges like
food insecurity and mental health treatment. They support these
efforts through volunteerism, financial aid, mentoring and
donations of essential supplies.
You can find out more about CompoSecure’s sustainability efforts
on the Company’s ESG website.
About CompoSecure
Founded in 2000, CompoSecure (Nasdaq: CMPO) is a technology
partner to market leaders, fintechs and consumers enabling trust
for millions of people around the globe. The company combines
elegance, simplicity and security to deliver exceptional
experiences and peace of mind in the physical and digital world.
CompoSecure’s innovative payment card technology and metal cards
with Arculus security and authentication capabilities deliver
unique, premium branded experiences, enable people to access and
use their financial and digital assets and ensure trust at the
point of a transaction. For more information, please visit
www.CompoSecure.com and www.GetArculus.com.
Contact:Wes
Robinson310.824.9000wrobinson@olmsteadwilliams.com
Corporate ContactAnthony PiniellaHead of
Communications, CompoSecure(908)
898-8887apiniella@composecure.com
CompoSecure (NASDAQ:CMPO)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
CompoSecure (NASDAQ:CMPO)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024