DELAWARE, Ohio, Feb. 5,
2020 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a
global leader in industrial packaging products and services,
announced today that the non-profit organization CDP (formerly the
Carbon Disclosure Project) has awarded Greif a Supplier Engagement
Rating (SER) of A as a part of their annual climate change
assessment of companies globally. This rating earns Greif a
position on the Supplier Engagement Leaderboard, which consists of
the top three percent of 4,800 companies assessed by CDP for their
actions and strategies to reduce emissions and manage climate risks
in their supply chain.
Greif also earned a CDP score of A-, which places Greif in the
"Leadership" category for its climate change assessment for the
second consecutive year. CDP operates a global disclosure system
for investors, companies, cities, states and regions to manage
the impact they make on the environment.
"Being named to the exclusive Supplier Engagement Leaderboard by
the CDP validates our ongoing efforts to align our differentiated
service to customers with our dedication to environmental
sustainability," says Pete Watson,
President and Chief Executive Officer. "We are steadfast in our
commitment to enhancing our standing as a leader in environmental
stewardship."
Greif has earned an A- score three of the past four years,
despite the increasingly stringent criteria adopted by the CDP. The
A- Leadership distinction outpaces the overall and North American
regional average of a C score, on a scale from A to F. This is the
first year Greif has received a SER rating.
CDP recognizes thriving, sustainable long-term economies that
work for people and the planet. CDP's findings are disclosed to
global investors, companies and cities so they can take action to
measure and understand environmental impacts. In 2019, more than
8,400 companies disclosed environmental data through CDP at the
request of 125 major purchasing organizations with US$3.6 trillion in purchasing spend, and 525
investors with US$96 trillion in
assets, making it the gold standard in corporate environmental
reporting.
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.
Contacts:
Matt Eichmann
Office: 740-549-6067
Email: matt.eichmann@greif.com
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SOURCE Greif, Inc.