How ACE Metal Crafts’ Bet On Its Employees Paid Off

Big hydropower plants are an important source of clean and cheap electricity for many countries in Southeast Asia. However, dams harm the environment and have dire consequences on local communities. Building more dams would therefore pose major trade-offs between electricity supply and environmental protection.  A team of scientists based in Singapore showed that these two challenges can be decoupled. Their study, titled “Solar energy and regional coordination as a feasible alternative to large hydropower in Southeast Asia,” recently published in Nature Communications, showed that there are more sustainable pathways to a clean energy future (refer to figure below).

We believe sustainability is one of the core growth drivers of our business in the long term. On June 21, 2021, our parent company, Intertape Polymer Group (IPG), published its 2020 Sustainability Report, and we are very proud to share the highlights here.  Greg Yull, President and CEO of IPG, commented: “We embrace sustainability at IPG as a way to conduct ourselves every day. Practicing respect toward one another and our communities, delivering innovations and striving for efficiencies and eliminating waste in the use of raw materials, water and energy are inherent to our values. This year’s report details our approach toward sustainability, our achievements and where we have more work to do. The report builds on our prior work and enhances our disclosure, including a materiality assessment to guide our strategy and judge our performance against.”