HARTSVILLE, S.C., May 3 /PRNewswire-FirstCall/ -- For the fifth consecutive year, Sonoco (NYSE: SON) was named by Business Ethics magazine as one of the '100 Best Corporate Citizens.' Sonoco is one of 29 companies that has made the list five years in a row.
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The ranking identifies companies among the Russell 1000 -- the largest publicly traded companies -- that excel at serving a variety of stakeholders well. The ranking is based on quantitative measures of corporate service to seven stakeholder groups: stockholders, employees, customers, the community, the environment, overseas stakeholders, and women and minorities.
"It is an honor to be recognized by Business Ethics magazine for the fifth time. Sonoco has always stressed the importance of people, culture and values since its founding in 1899. It is encouraging that our business tenets are affirmed by others," says Harris E. DeLoach Jr., president and CEO.
The 100 Best Corporate Citizens story will appear in the spring issue of Business Ethics magazine, which for 17 years has been the premier publication for the movement to bring greater social responsibility into business. Statistical analysis for the list was done by Sandra Waddock and Samuel Graves of the Carroll School of Management at Boston College in Chestnut Hill, Mass. Social ratings were provided by KLD Research & Analytics of Boston, a research firm serving socially responsible investors.
For the full list and story, see www.business-ethics.com/100best.htm .
Sonoco, founded in 1899, is a $2.8 billion manufacturer of industrial and consumer products and provider of packaging services, with approximately 295 operations in 32 countries serving customers in some 85 nations. More information about the Company is available on its Web site at www.sonoco.com .
SOURCE Sonoco