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HARTSVILLE, S.C.--(BUSINESS WIRE)--Sep. 23, 2009--
Sonoco (NYSE: SON), one of the largest diversified global packaging
companies, has been ranked as one of the 100 greenest large companies in
the United States in Newsweek’s inaugural Green Rankings, which
evaluated the country’s 500 largest companies on their environmental
performance, green policies and reputation. Sonoco was listed 94th
in the rankings.
Leading environmental researchers KLD Research & Analytics, Trucost, and
CorporateRegister.com worked with Newsweek for more than a year
to develop the list and rankings. To help level the playing field for
companies in carbon-intensive businesses, more than half of each
company’s Green Score was based on its environmental policies and
reputation. The 500 companies included in the rankings are the largest
U.S. companies as measured by revenue, market capitalization and number
of employees.
“When you look at the companies that made the top 100 and consider the
in-depth research that was done in compiling the rankings, we’re
extremely proud to be recognized,” said Harris E. DeLoach Jr., Sonoco
chairman, president and chief executive officer, noting that Sonoco had
the best ranking of any U.S. based packaging company. “It means that our
commitment to sustainability is recognized by the best and that is very
gratifying for our employees and all of our other stakeholders.”
DeLoach said the recognition in Newsweek’s rankings tops off an
exciting week for the Company as it pertains to sustainability. Sonoco
recently was selected to the prestigious Dow Jones Sustainability World
Index (DJSI), which tracks global leaders in corporate sustainability.
Of the approximately 3,000 companies globally that were invited to
participate in the program, only 10 percent were selected for the DJSI
World. Sonoco also announced this week that it has launched a new brand
– called True Blue™ – to serve as an umbrella brand for its sustainable
products and services.
About Sonoco
Founded in 1899, Sonoco is a $4.1 billion global manufacturer of
industrial and consumer products and provider of packaging services,
with more than 300 operations in 35 countries, serving customers in some
85 nations. For more information on the Company and its commitment to
sustainability, visit our Web site at http://www.sonoco.com/.
About Newsweek
Trusted for more than 75 years, Newsweek provides in-depth
analysis and insight into the most significant issues of the day. Its
audience of loyal, educated, and engaged individuals is passionate about
both national and international news. With some of the most influential
journalists in the business, Newsweek speaks with one global
voice through its 11 print editions and online at Newsweek.com. Bringing
its audience well-reasoned opinions, expert voices, and incisive
reporting, Newsweek drives and shapes global conversations every
day, every week, every year.
About Our Data Partners
KLD Research & Analytics (www.kld.com):
analysis of environmental, social and governance performance by
companies worldwide, served as lead research partner, calculated the
final rankings.
Trucost (www.trucost.com):
specializes in quantitative environmental performance measurement.
CorporateRegister.com (www.corporateregister.com):
the world’s largest online directory of social responsibility,
sustainability and environmental reporting.
Source: Sonoco
Sonoco
Roger Schrum, +843-339-6018
roger.schrum@sonoco.com