DELAWARE, Ohio, Jan. 16,
2020 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a
global leader in industrial packaging products and services, today
announced it earned two prestigious recognitions in December 2019 for its continued corporate social
responsibility efforts.
In its December 23, 2019 rating,
MSCI recognized Greif with an "A" rating in sustainability
performance. The "A" rating reflects Greif's concerted efforts
towards reducing the Company's environmental impact and advancing
responsible business practices.
MSCI ESG Research provides ratings to measure a company's
resilience to long-term environmental, social and governance risks.
Companies are scored on an industry-relative AAA-CCC scale across the most relevant key
issues based on a company's business model. This most recent "A"
rating is Greif's best score to date and represents an improvement
over the "BBB" score received in 2018.
In addition, in December Newsweek recognized Greif on its
premiere list of America's Most Responsible Companies 2020. The
list of 300 companies was compiled from a detailed analysis of more
than 2,000 public companies, honoring businesses that give back to
the communities in which they operate and excel in corporate social
responsibility and citizenship efforts.
These latest recognitions build upon the Gold Rating Greif
received from EcoVadis for sustainability leadership in
August 2019. That EcoVadis rating
placed Greif in the top four percent of all companies evaluated by
the firm.
"We are proud that Greif was again recognized for our leadership
in corporate social responsibility," said Pete Watson, Greif's President and Chief
Executive Officer. "Our global team is focused on being a leader in
sustainable business performance and we appreciate that our
progress is being recognized by respected outside
organizations."
Greif reports its corporate responsibility efforts and progress
in accordance with the Global Reporting Initiative (GRI) standards
and fulfills UN Global Compact requirements. Greif's sustainability
achievements can be seen in its annual Sustainability Report.
About Greif, Inc.
Greif is a global leader in
industrial packaging products and services and is pursuing its
vision: In industrial packaging, be the best performing customer
service company in the world. The Company produces steel, plastic
and fibre drums, intermediate bulk containers, reconditioned
containers, flexible products, containerboard, uncoated recycled
paperboard, coated recycled paperboard, tubes and cores and a
diverse mix of specialty products. The Company also manufactures
packaging accessories and provides filling, packaging and other
services for a wide range of industries. In addition, Greif manages
timber properties in the southeastern United States. The Company is strategically
positioned in over 40 countries to serve global as well as regional
customers. Additional information is on the Company's website at
www.greif.com.
Contact:
Matt Eichmann
740-549-6067
matt.eichmann@greif.com
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SOURCE Greif, Inc.