Sonoco’s 2016-2017 Corporate Responsibility Report shows steady progress
July 31 2017 - 6:50AM
Sonoco (NYSE:SON), one of the largest diversified global packaging
companies, has released its 2016-2017 Corporate Responsibility
Report. The report, which is available on the Company’s website at
www.sonoco.com/sustainability, celebrates Sonoco’s successful
projects while reporting on the Company’s significant progress
toward long-term sustainability goals.
In 2016, Sonoco reduced total water usage by 4.09 percent, total
energy usage by 0.52 percent and total greenhouse gas emissions by
3.35 percent (all figures are year over year). Sonoco Recycling
recovered the equivalent by weight of 57 percent of the product
that Sonoco places into the marketplace.
The Company also made great strides in safety, with 21 fewer
employees injured worldwide compared to the previous year. And the
Sonoco Diversity and Unity Council worked to create a diverse
workforce within an inclusive environment by sponsoring activities
for several affinity teams and fostering diversity and inclusion
education, awareness and communication throughout the Company.
“This year’s report shows great progress as we advance toward
our 2020 targets,” said Jack Sanders, Sonoco’s president and CEO.
“At Sonoco, we believe People Build Businesses by Doing the Right
Thing. This principle guides all our actions—maintaining our
commitment to our customers, treating our employees with respect,
delivering shareholder value, making a positive impact in the
communities where we live and work, and taking steps to lessen our
impact on the environment.”
Since 2009, Sonoco has reduced total greenhouse gas emissions
(CO2e) by 6.7 percent, or by 21 percent per metric ton of
production; and it has reduced total water usage by 31 percent, or
by 42 percent per metric ton of production. Among the Company’s
global manufacturing operations, 10 percent have achieved 95
percent or greater diversion of wastes to landfill.
Sonoco’s increasing emphasis on the Sustainable Materials
Management philosophy focuses on how to make a positive impact
throughout the supply chain, for all customers. Sustainability
remains a key motivation throughout all project stages: design,
production, delivery, display, consumption, and recycling and
reuse. Factors like sourcing, shelf life, energy efficiency, carbon
footprint and recycling are weighed throughout the packaging
lifecycle.
To learn more about Sonoco’s sustainability goals, initiatives
and progress, visit www.sonoco.com/sustainability.
About Sonoco Founded in 1899, Sonoco (NYSE:SON)
is a global provider of a variety of consumer packaging, industrial
products, protective packaging, and displays and packaging supply
chain services. With annualized net sales of
approximately $4.8 billion, the Company has 20,000 employees
working in more than 300 operations in 33 countries, serving some
of the world’s best known brands in some 85 nations. For more
information on the Company, visit www.sonoco.com.
Contact:
Roger Schrum
+843-339-6018
roger.schrum@sonoco.com
Sonoco Products (NYSE:SON)
Historical Stock Chart
From Aug 2024 to Sep 2024
Sonoco Products (NYSE:SON)
Historical Stock Chart
From Sep 2023 to Sep 2024