Press release submitted on behalf of INX International Ink Co.
INX International Ink Co. has released its inaugural Sustainability Report, offering a comprehensive overview of the company’s evolving practices. The extensive 36-page report emphasizes INX’s continuing commitment to become a greener company, and how it translates into providing customers with best-in-class ink and technology solutions that enable world-class printing standards.
Since the introduction of a Coloring a Safe and Sustainable Future (CSSF) model in 2020 that is aligned with the United Nations 2030 Agenda for Sustainable Development, INX has been steadfast with its approach to developing new products and processes. All North American INX printing facilities have also committed to achieving a significant reduction of GHG emissions by 2030.
“As an industry leader and providing customers for decades with a broad range of commercial, packaging, and digital printing applications, we are dedicated to developing products that create value for our customers and help safeguard our planet,” stated Bryce Kristo, who was promoted to INX President and CEO in January 2023.
“We recognize the value of investing in a circular economy, and we have identified specific steps to improve how we manage our resources and eliminate waste through better product and process designs,” continued Kristo, who has worked at INX since 1991. “By aligning our CSSF model with the United Nations 2030 Agenda – and combining it with the proper focus and our extensive R&D capabilities – I am confident we will help our customers innovate and achieve their sustainability goals while delivering greater value to their customers.”
A priority assessment project helped INX identify Environmental, Social, and Governance (ESG) initiatives that were aligned with the CSSF model and integrated into INX’s Sustainability strategy. The report explains the company’s Sustainability strategy, focusing on the three areas of impact within the CSSF model: Product Design for the environment, Process Design for the environment, and Social Responsibility.
It further details the sustainability attributes of INX’s products, the optimized manufacturing processes supporting the UN’s Sustainable Development Goals (SDGs), INX’s identification of six high impact areas, and more. The INX Sustainability Report can be accessed here.
Last year’s report, the first since the COVID-19 pandemic, was remarkably positive as the ever-resilient print industry bounced back, reporting a more positive condition than in 2019 i.e. before COVID-19. The results this year have maintained that momentum, with a further improvement in sentiment for 2023 and very positive expectations for 2024.
Globally, 32% more printers and suppliers described their company’s economic condition as “good” compared with those reporting it as “poor.” Among printers, almost all regions and markets were more optimistic than in 2019, i.e. before the COVID-19 pandemic. Looking at markets, there is a striking recovery in confidence amongst commercial and publishing printers across the globe, while packaging continues in its confident fashion. The unexplained dip in confidence for functional print in 2022 is reversed – probably a result of the small data set.
Graphics for the Creative Toolkit were accomplished in-house by Skinner. Her goal was to ensure the piece encompassed PRP as a whole and would be appealing to both the designers and marketers of the world, as well as act as a useful and functional tool. PRP used black elements on the toolkit to provide a sleek, uniform look to all of the items.