INX International Ink Co. (Schaumburg, IL) has released its 2023 Sustainability Report, according to a press release.
The new report examines key initiatives and metrics regarding INX’s products, processes and social responsibility pillars relating to Environmental, Social and Governance (ESG) priorities, as well as alignment with the United Nations’ Sustainable Development Goals. The company reduced their Scope 1 carbon emissions by 4.19% and Scope 2 emissions by 4.69% last year.
“As consumer demands and regulatory requirements evolve, INX International is committed to enhancing and growing our leadership position in the industry and helping meet the needs of brand owners, customers and consumers by improving the sustainability of our products,” INX President and CEO Bryce Kristo is quoted in the release. “Our commitment to Coloring a Safe and Sustainable Future serves as a guide to how we develop, manufacture and distribute products and how we work with our customers and suppliers.”
The report also highlights a $50M venture capital investment program introduced in 2022. Last summer, INX began to invest in Detrapel, a manufacturer of sustainable coatings from advanced materials, Kristo states.
To access the 2023 INX Sustainability Report, visit inxinternational.com.