Liberty Tire Recycling | 2023 Environmental, Social and Governance Report 46 ADVANCING SUSTAINABLE PRODUCTS Advancing Sustainable Products Key Stakeholders Why It’s Important Impact Employees Customers Suppliers Investors Sustainable packaging Minimizes environmental impact, reduces consumer waste, and aligns with our commitment to responsible resource management Environmental Manage supply chain risks Ensures long-term financial stability by minimizing disruptions, reducing costs, and enhancing resilience. It also assures our commitment to responsible sourcing Environmental Social Maximize beneficial reuse Reduces waste and provides a lower-carbon alternative to virgin materials while supporting our vision of full circularity Environmental Produce high quality products Reinforces our commitment to sustainability, builds trust with customers, and demonstrates value to investors Environmental Social Goals ` Maximize the use of PostConsumer Recycled (PCR) content in retail packaging where applicable ` Continue development efforts to achieve more recyclable retail packaging. ` Collaborate with customers and industry partners to move rubber up the value chain, create new products and develop new markets for recycled rubber materials. ` Expand consumer awareness of the value of recycled material and our sustainability efforts through packaging, social media and community outreach.
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