The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from Business Wire

Sealed Air Ranks Second in Its Industry in Newsweek Green Ranking

Thursday, October 25, 2012

Sealed Air Ranks Second in Its Industry in Newsweek Green Ranking07:30 EDT Thursday, October 25, 2012 ELMWOOD PARK, N.J. (Business Wire) -- Sealed Air Corporation (NYSE:SEE) advanced its position this year on Newsweek's Green Rankings list to Number Two in its industry and Number 174 overall out of 500 U.S. based companies, according to the publication's survey, which was released Monday. The annual ranking compares the environmental performance of America's largest public companies. “This recognition is a testament to our environmental commitment and management systems that are represented throughout all of our operations,” said Sealed Air's Chairman and Chief Executive Officer, William V. Hickey. “As part of our Smartlife™ approach to sustainability, we constantly strive to bring continuous improvement in our own operations and to provide solutions to our customers that reduce waste and the use of valuable resources, provide operational efficiency, and reduce risk and improve overall safety.” A panel of independent judges ranked companies in the survey based on performance in three major areas: environmental footprint, environmental management and sustainability disclosure. The survey is regarded as one of the most comprehensive analyses of environmental leadership, and Sealed Air was one of 500 large U.S. organizations evaluated. Sealed Air has been ranked on the Green Rankings list every year since Newsweek introduced the survey in 2009. About Sealed Air Sealed Air is a global leader in food safety and security, facility hygiene and product protection. With widely recognized and inventive brands such as Bubble Wrap®brand cushioning, Cryovac® brand food packaging solutions and DiverseyTM brand cleaning and hygiene solutions, Sealed Air offers efficient and sustainable solutions that create business value for customers, enhance the quality of life for consumers and provide a cleaner and healthier environment for future generations. On a pro forma basis, Sealed Air generated revenue of $8.1 billion in 2011, and has approximately 26,300 employees who serve customers in 175 countries. To learn more, visit www.sealedair.com. Forward-Looking Statements Company statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 concerning our business, consolidated financial condition and results of operations. These statements include comments as to future events that may affect the Company, which are based upon management's current expectations and are subject to uncertainties, many of which are outside the Company's control. Forward-looking statements can be identified by such words as "anticipates," "expects," "believes," "plan," "could," "estimate," "will" and similar expressions. A variety of factors may cause actual results to differ materially from these expectations, including: economic conditions affecting packaging utilization; changes in raw material costs; currency translation effects; and legal proceedings. For more extensive information, see "Risk Factors" and "Cautionary Notice Regarding Forward-Looking Statements," which appear in our most recent Annual Report on Form 10-K, as may be revised and updated from time to time by our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, as filed with the Securities and Exchange Commission. These reports are available on the Securities and Exchange Commission's website at www.sec.gov or our Investor Relations home page at http://ir.sealedair.com. Sealed Air CorporationKen Aurichio, 201-791-7600ken.aurichio@sealedair.com