Campbell Named One of the World’s Most Sustainable Corporations by Corporate Knights
January 22 2019 - 6:00AM
Business Wire
Global 100 list recognizes sustainability
leadership and transparency
Campbell Soup Company (NYSE: CPB) has been named to the
15th annual Global 100 Most Sustainable Corporations in the World
list by Corporate Knights, a media, research and financial products
company.
The ranking of corporate sustainability performance is based on
metrics covering resource, employee and financial management; clean
revenue; and supplier performance. 7,500 companies with more than
$1 billion (USD) in revenues were analyzed to form the list.
Campbell is one of 22 U.S. companies, and one of only two U.S. food
companies, included in the Global 100.
“Campbell’s corporate responsibility efforts continue to evolve
as we live into our Purpose, Real Food that Matters for Life’s
Moments,” said Dave Stangis, Vice President of Corporate
Responsibility and Chief Sustainability Officer. “With this
evolution remains a steadfast commitment to transparently doing
what’s right—for our business, our communities and the environment.
We are proud to be recognized by Corporate Knights for these
commitments as one of the most sustainable corporations in the
world.”
Campbell’s sustainability achievements noted by the Global 100
include:
- Campbell received high marks in the
“clean revenue” metric, which counts for 50 percent of each
company’s score and measures the percentage of revenues earned from
products or services that have environmental, or well-defined
social benefits.
- Campbell included greenhouse gas
emission, water and waste reduction targets among the performance
metrics used to determine annual incentive compensation from
2012-2018.
- Campbell has successfully reduced waste
sent to landfills and is now focused on reducing food waste in its
operations with a goal to cut food waste in half by 2030, in line
with the United Nations Sustainable Development Goal 12.3.
- Campbell scored in the top percentile
for research and development innovation and employee safety.
- Campbell was recognized for the gender
diversity of its Board of Directors, with female Directors
accounting for 33 percent of the Board (as of November 2018, female
Directors make up 36% of Campbell’s Board).
In 2018, Campbell was also recognized as the #1 Most Reputable
Company in America by The Reputation Institute. In addition, the
company was included on JUST CAPITAL’s JUST 100 list as one of the
most JUST companies in America, Corporate Responsibility Magazine’s
100 Best Corporate Citizens list for the ninth consecutive year,
and on multiple indices including: the Dow Jones Sustainability
Index (DJSI), the FTSE4GOOD Index, the Human Rights Campaign
Corporate Equality Index and the MSCI Index Series.
Campbell’s Corporate Responsibility strategy evolved in 2018 to
reflect the company’s Purpose and value chain, with a focus on food
that is sustainable and ethically grown, sourced, produced and
shared. To learn more, visit www.campbellcsr.com.
About Campbell Soup Company
Campbell (NYSE:CPB) is driven and inspired by our Purpose, "Real
food that matters for life's moments." For generations, people have
trusted Campbell to provide authentic, flavorful and affordable
snacks, soups and simple meals, and beverages. Founded in 1869,
Campbell has a heritage of giving back and acting as a good steward
of the planet's natural resources. The company is a member of the
Standard and Poor's 500 and the Dow Jones Sustainability Indexes.
For more information, visit www.campbellsoupcompany.com or follow
company news on Twitter via @CampbellSoupCo. To learn more about
how we make our food and the choices behind the ingredients we use,
visit www.whatsinmyfood.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190122005312/en/
INVESTOR CONTACT:Ken Gosnell(856)
342-6081ken_gosnell@campbellsoup.com
MEDIA CONTACT:Nicky Thomson(856)
342-6283nicole_thomson@campbellsoup.com
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