CompoSecure Earns Sustainability Silver Medal from EcoVadis for Second Consecutive Year, Placing in the Top 15% of Companies Globally
03 October 2024 - 10:00PM
CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards,
security, and authentication solutions, was awarded a Silver Medal
by EcoVadis, a globally recognized leader in business
sustainability ratings, for the second consecutive year. This
accolade places CompoSecure in the top 15% of companies globally
and highlights its commitment to sustainability through its
environmental, social, and governance (ESG) practices.
CompoSecure is honored to have earned a second EcoVadis Silver
Medal, a testament to our relentless drive for environmental
progress,” said Greg Maes, COO of CompoSecure. “This achievement
reflects the dedication of our employees, whose efforts each day
propel us forward in our mission to enhance our ESG practices. We
are grateful for their commitment and excited to continue making a
positive impact.”
CompoSecure’s received a 67 in 2024 versus 60 in 2023,
demonstrating significant progress in integrating ESG principles
into its operations. The company's performance was assessed by
EcoVadis across four critical categories, including environment,
labor & human rights, ethics, and sustainable procurement. This
year, EcoVadis updated its benchmarking methodology, which the
Company believes makes the score improvement even more
impressive.
Key ESG Highlights Contributing to the Silver Medal:
- Environment: CompoSecure has expanded its use
of recycled materials in its metal payment cards, which are made
from 65% post-consumer recycled stainless steel, reducing
environmental impact.
- Labor & Human Rights: CompoSecure
maintains fair labor practices and safe, inclusive working
conditions across its operations, prioritizing the well-being of
its workforce.
- Ethics: The company aligns its ethical
practices with global corporate responsibility and transparency
standards.
- Sustainable Procurement: CompoSecure upholds
high standards for sourcing and procurement.
EcoVadis is a purpose-driven company dedicated to embedding
sustainability intelligence into every business decision worldwide.
With global, trusted and actionable ratings, businesses of all
sizes rely on EcoVadis’ detailed insights to comply with ESG
regulations, reduce GHG emissions, and improve the sustainability
performance of their business and value chain across 220 industries
in 180 countries. More than 130,000 companies globally have been
rated by EcoVadis. EcoVadis’ business sustainability ratings
are based on international sustainability standards such as the Ten
Principles of the UN Global Compact, the International Labour
Organization (ILO) conventions, the Global Reporting Initiative
(GRI) standards and the ISO 26000 standard. The ratings provide an
evidenced-based analysis on performance and an actionable roadmap
for continuous improvement.
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.
For CompoSecure
Anthony PiniellaHead of Communications (917)
208-7724apiniella@composecure.com
Sean Mansouri, CFAElevate IR(720)
330-2829CMPO@elevate-ir.com
CompoSecure (NASDAQ:CMPO)
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