At Bio Pappel, we understand progress comprehensively and that is why, through a sustainable vision as well as the adoption of ESG criteria, we managed to lay a foundation for continue consolidating our position as a world-class paper-producing company.

Under this premise, our leadership is built on pillars that are fundamental to sustainable development, ranging from environmental and social impact to strengthening corporate governance and economic growth. Within these areas, there are initiatives that we have launched, all of them standing out equally and based on the company's mission: to create shared value with our stakeholders by through taking care of the planet.

As a result of our solid management and meticulous financial planning activities, during 2023, we maintained our expansion projects, thereby recognizing the significant opportunities obtained from being part of the North American economic bloc, USMCA. Consequently, we will continue promoting our growth in the United States to consolidate our global vision, investing in green technology, and strengthening our partnerships to take care of the environment and ensure the well-being of our neighboring communities.

We have invested significant amounts in the environment and promoted projects focused on reducing our carbon footprint through energy efficiency and the proper use of natural resources, as well as improvements in supply chains, in order to guarantee more responsible practices in the company’s operations. An example of this is our adherence to the Science-Based Targets Initiative (SBTi), which will guide us in establishing our emission reduction goals to contribute to the international agenda against global warming, while supporting the innovation and competitiveness of our energy efficiency and optimization programs.

Furthermore, thanks to our circular economy model called Urban Forest, we managed to extend the life of paper through large-scale recycling, thus becoming one of the top recyclers in Mexico. As a result, we prevented the emission of 7.48 million tons of CO₂e into the atmosphere. During 2023, we recycled 2.06 million short tons of post-consumer paper and cardboard to manufacturing our products saving the lives of 8.04 million trees. Moreover, through our Bio-ENERGY system we cogenerated 85% of the energy we use, while managing to recycle 92% of the water used in our operations through our zero-effluent and wastewater treatment system.

Related to the company’s social impact, we continue strengthening our community engagement programs, considering and promoting initiatives that address relevant topics such as caring for the environment, community development, and equitable access to education.

Similarly, the transparency implemented across our operations has driven us to meet new goals and build trust among our employees and stakeholders, which are fundamental to our value chain. Their policies are continuously reviewed and updated to expand Bio Pappel´s reliability.

Looking ahead, we confirm that collective actions are essential to addressing future challenges; the planet demands concrete actions to reduce the adverse effects of climate change; hence, we firmly believe that sustainability as a business strategy is the best way to guarantee a better future for all.