ESG Governance - Primo Water Corporation

DRIVING RESPONSIBLE INVESTMENT

Our formalized governance structure provides a framework to ensure that we are coordinated in implementing our ESG initiatives and that we remain accountable in the execution of those initiatives.

GOVERNANCE STRUCTURE

We have embedded ESG across all layers of our organization, with oversight at every level starting with our Board of Directors.

Board of Directors

The Board of Directors (ESG + Nominating Committee) assesses our strategy, initiatives and policies relating to environmental, social and governance.
Executive Team

The Executive Team, including the CEO, is responsible for our strategic direction and the integration of ESG into our broader business strategy.
VP of ESG

The VP of ESG supports and coordinates management’s ESG processes and activities.
Senior Leaders

Our senior leaders are tasked with providing direction to the Vice President for annual budgets and directing our ESG priorities down to our business units.
Business Units

Individual business units are responsible for the day-to-day management and operations of ESG and report progress against goals to leadership.

A COMMITMENT TO GOVERNANCE

Advancing sound governance over our ESG risks starts with understanding the need for full, fair, accurate and timely disclosure of information in reports and documents. Our commitment to governance can be found in our charters and corporate governance documents.

Committee Charters

HRCC Charter February 2023

ESG & Nominating Committee Charter February 2023

Audit Committee Charter February 2023

Governance Documents

Water Inventory Data Collection

Data Collection for 2022

Inaugural Report

Global Supplier Code of Conduct

Corporate Governance Guidelines February 2022

Majority Voting and Director Resignation Policy

Code of Ethics for Senior Officers December 2023

Diversity Policy December 2023

Code of Business Conduct and Ethics Dec 2023

2022 ESG Report

CDP Disclosure

As a corporation committed to environmental transparency and securing a 1.5°C world, we recognize the importance of tracking our emission reduction progress. We are proud to disclose our environmental data annually through the Carbon Disclosure Project (CDP) alongside 23,000+ companies.

GHG Inventory Data

Since our inaugural report in 2020, we’ve improved our greenhouse gas (GHG) data collection and achieved over 90% primary data collection for 2022.

Water Inventory Data

We’ve also improved our water inventory data collection, achieving 100% primary data for plants and 96% company-wide, an improvement of 6.3% and 68% respectively, compared to 2021.