Press release from CNW Group
Sonoco Listed on Dow Jones Sustainability World Index for Fifth Consecutive Year
Tuesday, September 17, 2013
Sonoco Listed on Dow Jones Sustainability World Index for Fifth Consecutive Year08:01 EDT Tuesday, September 17, 2013
HARTSVILLE, S.C., Sept. 17, 2013 /CNW/ - Sonoco (NYSE: SON), one of the largest diversified global packaging companies, has been listed on the 2013/2014 Dow Jones Sustainability World Index (DJSI), marking the fifth consecutive year it has received the prestigious recognition. Only 333 component companies were selected to DJSI World 2013/2014 following RobecoSAM's Corporate Sustainability Assessment of nearly 3,000 invited companies.
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"Sonoco has been committed to corporate responsibility and sustainable business practices throughout our 114-year history," said M. Jack Sanders, president and CEO. "As one of only a handful of global packaging companies listed on DJSI World, we understand the importance of reducing the environmental footprint from our global operations, providing a safe and healthy workplace for our employees, providing innovative packaging and recycling solutions to meet our customers' sustainability goals and supporting the communities where we operate by providing ongoing engagement with all stakeholders."
From the assessment, Sonoco received industry-leading scores in corporate governance, risk and crisis management, supply chain management and corporate citizenship and philanthropy. More details about Sonoco's overall corporate responsibility and sustainability efforts are available at www.sonoco.com/sustainability.
Launched in 1999, DJSI were the first global indices to track the financial performance of the leading sustainability-driven companies worldwide in terms of economic, environmental and social criteria. The indices serve as benchmarks for investors who integrate sustainability considerations into their investment strategies, and provide an effective platform for companies who want to adopt sustainable best practices. All changes to DJSI are effective on September 23, 2013.
Founded in 1899, Sonoco is a global provider of a variety of consumer packaging, industrial products, protective solutions, and displays and packaging supply chain services. With annualized net sales of approximately $4.8 billion, the Company has 19,900 employees working in 347 operations in 34 countries, serving many of the world's best known brands in some 85 nations. Sonoco is a proud member of the 2013/2014 Dow Jones Sustainability World Index. For more information on the Company, visit our website at www.sonoco.com.
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