Tension Corporation is committed to conducting business in a sustainable, responsible, and ethical manner, and creating a long-lasting positive impact on the communities where we do business.
1. TENSION CORPORATION is committed to conducting business in a sustainable, responsible, and ethical manner, and creating a long-lasting positive impact on the communities where we do business. As a leading envelope and print manufacturer, we recognize our responsibility to our stakeholders and the broader community to make strategic decisions that facilitate long-term growth while upholding our commitment to corporate responsibility and sustainability. This Environmental, Social, and Governance (ESG) Policy outlines our commitment to ESG principles and serves as a guide for our actions and decisions. We encourage our associates to recognize these responsibilities and behave in a responsible manner in all interactions, to the benefit of the society in which we function. We have been awarded a Bronze designation by EcoVadis, an
independent sustainability benchmarking organization that assesses companies’ performance on international sustainability standards.
2023
2. ENVIRONMENTAL RESPONSIBILITY
2.1. SUSTAINABLE OPERATIONS We are committed to minimizing our environmental footprint. We will: • Reduce energy consumption through energy-efficient equipment and practices.
• Implement waste reduction and recycling programs. • Engage suppliers with strong environmental efforts. • Seek opportunities for renewable and sustainable materials.
2.2. CARBON OFFSET We aim to reduce our greenhouse gas emissions and offset our carbon footprint. We will: • Incorporate sustainable energy sources where possible. • Support carbon offset projects to neutralize our emissions where feasible. 2.3. ENVIRONMENTAL COMPLIANCE We are committed to compliance with applicable environmental laws and regulations and strive for environmental excellence. Tension actively identifies, assesses, and manages the environmental, health, and safety risks and impacts of our existing and planned operations.
3. SOCIAL RESPONSIBILITY
3.1. EMPLOYEE WELL-BEING We are dedicated to creating a safe, diverse, and inclusive workplace. We are committed to providing equal employment opportunities to all associates and job applicants regardless of race, color, sex, age, sexual orientation, creed, religion, national origin, or disability. We will: • Ensure the health and safety of our employees through training and safety programs. • Foster a diverse and equitable work environment. • Provide opportunities for professional development and growth. 3.2. COMMUNITY ENGAGEMENT We recognize our impact on the communities in which we operate. We actively engage with local communities by supporting programs that make a lasting and positive impact on education, health, and community development. We will: • Support charitable initiatives and community organizations. • Encourage employee volunteerism.
3.3. SUPPLY CHAIN ETHICS We are committed to a strong and diverse supplier network that supports our goal of making a positive contribution in the communities where we do business. We expect our business partners to share this commitment. We strive to: • Avoid business relationships with suppliers engaged in unethical practices. • Promote fair labor practices and ethical sourcing. • Identify minority-owned businesses and make concerted efforts to work with diverse suppliers. 3.4 COMMITMENT TO OUR CUSTOMERS We strive to develop products and solutions for our customers to assist them in meeting ESG goals. We offer: • Recyclable and certified chain-of-custody paper options. • Recyclable and low-impact raw materials. • Sustainable envelopes and packaging.
4. GOVERNANCE
4.1. ETHICAL CONDUCT We maintain high standards of ethics and integrity in our business operations. We believe we best serve our stakeholders by operating with ethical business practices and governance standards. We will: • Maintain consistent and accurate financial reporting practices. • Engage in responsible management, use, and protection of personal information, following applicable privacy and data protection laws. • Encourage reporting of unethical or unlawful behavior through our established communication policy and anonymous hotline. 4.2. BOARD OVERSIGHT Our Board of Directors will provide oversight and guidance on ESG matters to ensure alignment with our values and long-term sustainability. 4.3. ACCOUNTABILITY AND REPORTING We work with a globally recognized third-party business sustainability rating organization to assess our ESG performance and to provide recommendations regarding how to adapt our policies and practices to reflect evolving ESG standards.
5. HUMAN RIGHTS Respect for human rights in the workplace and across our supply chain is a fundamental principle of Tension Corporation. We are committed to ensuring that people are treated with dignity and respect. We will: • P articipate in voluntary initiatives designed to protect the environment and promote human rights. • Not permit child labor in our workforce or the use of forced or compulsory labor in any of our operations. • Expect suppliers, contractors, and other business partners to follow these same principles. 6. CONCLUSION At Tension, we recognize that our success is intertwined with the well-being of our planet, our people, and our communities. This ESG policy underscores our dedication to environmental sustainability, social responsibility, and sound governance practices as a global leader in the envelope, printed product, packaging, and packaging automation industries. We will continually strive to meet and exceed these commitments, to create a positive impact for our stakeholders and on the world around us.
819 E 19th Street • Kansas City, MO 64108 • tension.com
TDG-2024-0106.1
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