CompoSecure Releases Inaugural ESG Report Showcasing Sustainability Leadership

Core Insights - CompoSecure has launched innovative initiatives aimed at sustainability, including a waterless cleaning process that reduced water usage by 31.5% in 2023 [1] - The company has introduced a card return and recycling program to promote closed-loop material use, allowing US-based customers to securely dispose of and reuse card materials [1] - CompoSecure actively engages in community support, addressing issues such as food insecurity and mental health through volunteerism and financial aid [1][5] ESG Initiatives - The company published its inaugural 2023 ESG annual report, showcasing its commitment to sustainability through its premium metal payment cards, which are made of 65% post-consumer recycled stainless steel [3][5] - CompoSecure's metal payment cards are noted for their durability and longer product lifespan compared to plastic cards, aligning with the company's ESG goals [5] - The company continuously reviews and adapts its operational activities to ensure positive outcomes for customers, employees, communities, and stakeholders [5]