19

Sep

LDI's Inaugural Sustainability Report
Liberty Diversified International Announces Commitment to Environmental, Social, and Governance (ESG) Principles
MINNEAPOLIS, MN – 9/19/2024, Liberty Diversified International (LDI), a leader in paper, packaging, plastics, and workspace solutions, today announced its commitment to formalizing its Environmental, Social, and Governance (ESG) principles across its operations through a published report of the goals and progress thus far. Since 1918, LDI has championed sustainability, transforming waste into value.  This commitment marks the beginning of a strategic journey to enhance LDI’s sustainable practices and corporate responsibility efforts.

"We recognize the significant impact we can have in promoting sustainability and ethical practices as a large manufacturing company," said Greg Theis, CEO. "We elected to provide this level of transparency as a privately-held company, to show that we put our communities and our world first. Our ESG journey is about aligning our corporate values with our operational practices and ensuring long-term sustainability and success."

Initial Steps in Our ESG Journey:
  • Building Climate Resilience – We are committed to ensuring our operations and supply chains are adaptive, sustainable, and prepared to thrive in the face of change. By investing in sustainable practices, we build resilience for both our business and the communities where we work and live.
  • Making Sustainable Products – We create products that are responsibly sourced and manufactured, ensuring minimal environmental impact. Sustainability is at the core of our design and production process.
  • Empowering People – We are a team that cares for each other in a safe, engaging work environment that values our communities and is committed to excellence. Empowering our people strengthens our company’s ability to innovate and succeed.
  • Strengthening Communities – We actively engage with and support the communities where we work and live. Our initiatives focus on driving positive social and environmental outcomes.
While we develop our specific long-term targets in the coming year, we have six objectives for Fiscal Year 2025. This includes implementing technology that will assist in the collection and analysis of ESG data so we can set ambitious goals for future years. Through this report, we are setting a precedent of transparency with stakeholders to measure our progress and success every year.


“As we look ahead, we remain committed to transparency, accountability, and continuous improvement in our sustainability efforts,” says Jenny Lindstrom, LDI’s Chief Legal and Sustainability Officer.

"We believe that a strong ESG framework is not just good practice — it's essential for building a resilient and adaptive business," added Theis. "We look forward to sharing more about our ESG goals as we define these further and set concrete targets."

For more information about Liberty Diversified International and our ESG initiatives, See Report.

About Liberty Diversified International: Based in Minneapolis, Minnesota, Liberty Diversified International (LDI) is a family-owned company. LDI's portfolio includes Liberty Paper, Liberty Packaging, Liberty Plastics, and Safco Products, focusing on innovation and sustainability.
 
Contact: Kaia Chambers, Communications Business Partner, (763-536-6661, kaiachambers@libertydiversified.com)