DELAWARE, Ohio, Jan. 28,
2019 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a
global leader in industrial packaging products and services,
announced today that it was awarded an A- score for environmental
leadership by the non-profit organization CDP (formerly the Carbon
Disclosure Project). CDP operates a global disclosure system
for investors, companies, cities, states and regions to manage
the impact they make on the environment. The A- Leadership
distinction outpaces the overall average of a B- score, along with
the North America regional average
of C on a scale from A to F.
"We are thrilled that our efforts in environmental
sustainability have been recognized by the CDP," said Pete Watson, Greif's president and chief
executive officer. "Environmental impact and management both factor
strongly into the decisions we make as a company in the present and
with our future strategy. We will continue to enhance our standing
as a leader in environmental stewardship."
In 2018, more than 7,000 companies, representing more than 50
percent of the global market capitalization, disclosed data on
climate change, forestry and water through CDP. The organization
awards the highest ranking of A/A- to companies that, in comparison
to industry peers, demonstrate a high degree of transparency and
governance in environmental management and a thorough understanding
of risks and opportunities related to climate change. Environmental
best practices of leading companies, according to CDP, include
defining targets, achieving emissions cuts via reduction measures
and/or verification of reported data.
Greif's A- Leadership achievement is an improvement from its
previous B Management score received in 2017.
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 and packaging
accessories and provides filling, packaging and other services for
a wide range of industries. Greif also 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, Vice
President, Investor Relations & Corporate Communications,
740-549-6067
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SOURCE Greif, Inc.