Liberty Tire Recycling | 2023 Environmental, Social and Governance Report 50 ADVANCING SUSTAINABLE PRODUCTS Product and Packaging Materials Product Packaging Compliance In 2023, Liberty Tire Recycling had no incidents of noncompliance with product and service information and labeling regulations for any recycled rubber products, including fines, penalties, warnings, or breaches of voluntary codes. Rigorous Procedures Adhered to detailed procedures for marketing and labeling, ensuring information on material sourcing, product content, safe use instructions, and responsible disposal methods. ESG Standards and Best Practices Incorporated emerging ESG standards, stakeholder feedback, and industry best practices for comprehensive and relevant product information. 100% Compliance Assessment Assessed 100% of significant product and service categories for compliance with procedures, reinforcing commitment to transparency, responsibility, and ESG alignment. New Packaging Design Predominately displays sustainability messaging and logo on consumer packaging Innovation Without tire recycling, end-of-life tires have no upside—they serve as breeding grounds for mosquitoes and rodents and take up valuable space. At Liberty Tire Recycling, we create value out of end-of-life tires through processing and product innovation. Our teammates see opportunities to innovate, create new products, and build a greener tomorrow. Innovation is at the core of what makes us the premier sustainable solutions partner. We constantly ask ourselves if recycled rubber is the perfect answer to an unsolved problem or if it can be a better solution than products that currently exist. As a company, we work with partners producing recovered carbon black (rCB) and pyrolytic oil, both of which provide valuable materials for end-markets in need of solutions. We are exploring new opportunities in molding and the use of plastic and rubber combinations for a variety of applications. More important than any one product, however, is developing the right approach. At Liberty, the approach is twofold: the company pursues a diversified portfolio of outbound products, and we invest our free capital into growth and innovation. We know the scale of the challenge continues to grow but so does the opportunity. Certifications The Recycled Claim Standard (RCS) is an international, voluntary standard that sets requirements for thirdparty certification of recycled input and chain of custody. The standard gives the textile industry a tool to verify the raw material content of products through third-party verification and chain of custody. Liberty Tire Recycling is certified to the Recycled Claim Standard (RCS) Version 2.0, which certifies and tracks our processed post-consumer materials from the source to final product. Certified by SCS Global Services (SCS), License number CL27157.
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