Owens-Illinois, Inc.: O-I's Containers Achieve Cradle to Cradle Certification
February 15 2018 - 4:05PM
FOR IMMEDIATE RELEASE
For more information,
contact:
Kristin Kelley
VP, Global and Corporate Communications
567-336-2395
kristin.kelley@o-i.com
lisa.babington@o-i.com
O-I's Containers
Achieve Cradle to Cradle Certification
First Food and Beverage Packaging Company to
Achieve
Gold Rating for Material Health
Perrysburg, OH (February 15,
2018) - Owens-Illinois, Inc. (NYSE: OI) is the first food and
beverage packaging company to achieve a gold rating in material
health on the Cradle to Cradle Product Scorecard.
The Cradle to Cradle Certified(TM) Products
Program is one of the premier sustainability certifications for
products around the world and across industries. "The certification
provides brand owners, consumers, regulators, and shareholders
tangible validation of our company's ongoing commitment to
sustainability," said Jim Nordmeyer, VP, Global Sustainability at
O-I. "It's an important baseline and helps us identify next steps
to improve our environmental and social performance."
Nearly 90 percent of O-I's glass operations were certified across
product categories and for certain container colors in the beer,
non-alcoholic beverage (NAB), spirit, wine and food markets. The
certification is based on five categories: material health,
material reutilization, water stewardship, renewable energy use,
and social fairness.
"Achieving a gold rating in material health
strongly reinforces the benefits of glass," said Nordmeyer. "Glass
is safe for repeated food contact and endlessly recyclable. It's
virtually impermeable to oxygen so it protects the freshness and
taste of consumers' favorite food and beverage brands."
O-I collaborated with an environmental consulting
firm, MBDC, to conduct a rigorous product assessment of the
company's beer, food, NAB, spirits and wine platforms.
"We are thrilled to collaborate with
Owens-Illinois. It is a company taking innovation to the next
level, seeking ways to partner with other industry leaders
to incorporate more recycled content, maximize use
of renewable energy, and consider the full use cycle of its glass
products," said Jay Bolus, President of Certification Services
at MBDC, the world's foremost advisors in material health,
product design and the Cradle to Cradle® Design
Framework. "The company's continued pursuit of Cradle to Cradle
certification signifies its brand quality and value for its
consumers and the environment."
The U.S. Environmental Protection Agency (EPA)
recognizes C2C certification as a top-tier product sustainability
standard in its new federal green purchasing guidelines.
###
About O-I
Owens-Illinois, Inc. (NYSE: OI) is the world's largest glass
container manufacturer and preferred partner for many of the
world's leading food and beverage brands. The Company had revenues
of $6.9 billion in 2017 and employs more than 26,500 people at 78
plants in 23 countries. With global headquarters in Perrysburg,
Ohio, O-I delivers safe, sustainable, pure, iconic, brand-building
glass packaging to a growing global marketplace. For more
information, visit o-i.com.
About
MBDC:
MBDC is the premier Accredited Assessment Organization for the
evaluation of products against the Cradle to Cradle Certified(TM)
Program. Founded in 1995 by architect William McDonough and chemist
Dr. Michael Braungart, MBDC is the original creators of the Cradle
to Cradle® Design Framework and the Cradle to Cradle Certified(TM)
Products Program. For more information, visit mbdc.com.
The Cradle to
Cradle Products Innovation Institute
Founded by William McDonough and Michael Braungart, the Cradle to
Cradle Products Innovation Institute is an independent non-profit
organization founded by William McDonough and Michael Braungart, to
administer the Cradle to Cradle Certified(TM)
Products Program. For more information, visit C2CCertified.org.
Cradle to Cradle®
is a registered trademark of MBDC, LLC.
Cradle to Cradle Certified(TM) is a certification
mark licensed by the Cradle to Cradle Products Innovation
Institute.
OI-C2C_News Release
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Owens-Illinois, Inc. via Globenewswire
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