AptarGroup Inc

Lobbying Governance

AI Extracted Evidence Snippet Source

###### Position and Responsibilities for Climate-related Issues\n\n###### Chief Executive Officer (CEO)\n\n Aptar's President and Chief Executive Officer (CEO) is actively dedicated to supporting and promoting the company's global sustainability strategy, which encompasses social, environmental, and economic pillars. The CEO effectively manages the incorporation of sustainability initiatives into Aptar's business standards, rules, and guidelines. The CEO receives monthly updates on specific initiatives, including progress on goals, targets, emerging sustainability trends, as well as risks and opportunities associated with material sustainability issues and climate change.\n\n The CEO plays a crucial role in leading the Executive Committee, making strategic decisions related to climate change. These decisions include Aptar's commitment to Science Based Targets, and the final decision to update the company's Scope 1 + Scope 2 target to the more ambitious 1.5-degree scenario. Additionally, the CEO determines future commitments regarding SBTN Nature Positive and plans along Aptar's Energy Roadmap, such as supporting the renewable energy purchasing strategy.\n\n###### Specific climate-related responsibilities of the CEO include, but not limited to:\n\n • Managing annual budgets dedicated to climate mitigation activities.\n\n • Overseeing significant capital and operational expenditures related to\n low-carbon products or services, including research and development.\n\n • Supervising climate-related acquisitions, mergers, and divestitures.\n\n • Providing climate-related employee incentives.\n\n • Integrating climate-related issues into the company's overall strategy.\n\n • Establishing corporate targets related to climate initiatives.\n\n • Monitoring and evaluating progress against these corporate targets.\n\n • Managing public policy engagement that may impact the climate.\n\n Furthermore, the CEO actively contributes to Aptar's industry thought leadership by representing the company within organizations such as the World Business Council for Sustainable Development. Through these engagements, the CEO helps Aptar maintain its position as a trusted authority in the industry.\n\n###### Board-level Committee\n\n One of the key responsibilities of Aptar's Corporate Governance Committee is the development and recommendation of a set of corporate governance principles for the company and the Board. As environmental, social, and governance (ESG) topics have gained increased importance, the committee regularly receives and reviews ESG information. The Corporate Governance Committee actively participates in the annual sustainability reporting process, carefully evaluating targets, data, and public disclosures before their publication, particularly within the Corporate Sustainability Report and Annual Report.\n\n Given our public commitments that require frequent review, the Executive Vice President, General Counsel, and Corporate Secretary serves as the liaison between the Global Sustainability Team and the Board of Directors. This role ensures that information and progress related to each public ESG target are effectively presented to the Governance Committee. The committee, acting in an advisory capacity, provides valuable insights and challenges our progress in achieving these targets.

https://aptar.com/wp-content/uploads/2023/07/2023-Aptar-Climate-Transition-Plan.pdf

### W6.5a

**(W6.5a) What processes do you have in place to ensure that all of your direct and indirect activities seeking to influence policy are consistent with your water**
**policy/water commitments?**

Most of our manufacturing facilities have closed loop water systems, and overall, Aptar sites consume less than 3% of our total water withdrawal. What we return to the
system is often even at a better and cleaner quality than what was drawn, due to our internal closed loop and internal water treatment processes.

As described in the previous sections, Aptar's boards established mechanisms to ensure that our global activities aligns with the company's commitments and strategic
objectives for water security, maintaining a consistent approach to addressing our water challenges. For example our EHS department developed internal procedures related
to the water management, sites report water withdrawal and discharge metrics on a monthly basis, and we respond to the CDP water

assessment annually.

In addition, our enterprise risk management is costantly looking for the best evaluation of water-related risks and opportunities to avoid business interruptions.

Notably, during reporting year 2023, Aptar joined different working group and working stream (e.g. SBTN, WBCSD Nature Positive) supporting the development and testing
feedback of new Science Based Targets for Nature, on which freshwater topic is on top of the nature aspect.

In addition, Aptar water audit commitment was implemented to assure data collection process and identify reporting inconsistencies, aid in short and long-term business
planning, and support our Water Roadmap to ensure that our water strategy is effective.

https://aptar.com/wp-content/uploads/2023/08/AptarGroup-CDP-Water-Security-Response-2023.pdf

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]In 2018, Aptar revised our global sustainability strategy. One of the five pillars of this revised strategy is "Suppliers & Partners†. With the aspiration that our partners have similar aspirations related to people, circular economy, solutions, and operations, we understand that working with suppliers and partners is critical to achieving not only our internal targets, but also global goals. In addition to expanding partnerships with customers and suppliers, we look to establish additional partnerships in all regions to facilitate circular packaging systems. Along year 2019 Aptar joined different associations focused on the sustainability topics as Ellen MacArthur Foundation and World Business Council Sustainable Development in order to boost our knowledge and expertise with projects in collaboration with multiple partners. More in accuracy, we are managing the multiple engagement activities around climate change thanks to the participation in specific projects and working groups promoted by these organizations and alliances with the aim to influence the sustainability topics in terms of policy alignment and common methodologies to different sustainability topics in packaging sectors.
In year 2020 we promoted in definitive way guidelines and documents to define policy aspects for circular economy and guidelines to measure the circularity of businesses in collaboration with different stakeholders around the globe.
For example in collaboration with WBCSD we conducted pilot study related to Circular Transition Indicators to promote circularity in our operations and products.
Regarding energy management, along year 2020 (in collaboration with WBCSD) Aptar joined different working group focused on the energy decarbonization in compliance with SBT targets and Net Zero strategy.
Finally, during the reporting year 2021, we collaborated in different WBCSD workin group like PACT - Partnership for Carbon Transparency (standardizing emissions data exchange along value chain).

CDP Questionnaire Response 2022