MEMPHIS, Tenn., Jan. 22, 2019 /PRNewswire/ -- International Paper
(NYSE: IP) announced that it has been named again by FORTUNE
magazine as one of the "Worlds Most Admired Companies."
International Paper has earned this recognition sixteen times in
the last seventeen years based on scores achieved in the following
categories:
- Ability to attract and retain talented people
- Quality of management
- Social responsibility to the community and the environment
- Innovativeness
- Quality of products or services
- Wise use of corporate assets
- Financial soundness
- Long-term investment value
- Effectiveness in doing business globally
"This recognition reflects the exceptional talent and commitment
of International Paper's 52,000 employees around the globe," said
Mark Sutton, chairman and chief
executive officer. "We work with the world's leading brands to make
products that improve peoples' lives and we mobilize our people,
products and resources to address critical needs in the communities
where our employees live and work. I want to thank our global team
members for this well-deserved achievement."
About International Paper
International Paper (NYSE:
IP) is a leading global producer of renewable fiber-based
packaging, pulp and paper products with manufacturing operations in
North America, Latin America, Europe, North
Africa, India and
Russia. We produce corrugated
packaging products that protect and promote goods, and enable
worldwide commerce; pulp for diapers, tissue and other personal
hygiene products that promote health and wellness and papers that
facilitate education and communication. We are headquartered in
Memphis, Tenn., and employ
approximately 52,000 colleagues located in more than 24 countries.
Net sales for 2017 were $22 billion.
For more information about International Paper, our products and
global citizenship efforts, please visit
internationalpaper.com.
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SOURCE International Paper