MEMPHIS, Tenn., Jan. 21, 2020 /PRNewswire/ -- International Paper
(NYSE: IP) was once again named by FORTUNE magazine as one of the
"Worlds Most Admired Companies." International Paper has
earned this recognition in seventeen of the last eighteen years
based on its scores 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
- The wise use of corporate assets
- Financial soundness
- Long-term investment value
- Effectiveness in doing business globally
"This award is further validation that we continue to build a
better future for our people, the planet, and our company," said
Mark Sutton, chairman, and chief
executive officer. "Our 50,000 colleagues around the world are
committed to creating value for our customers, strengthening the
communities where we live and work and ensuring everyone returns
home safely at the end of each day. I'd like to thank our
colleagues for achieving this recognition."
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, and Russia. We produce corrugated packaging
products that protect and promote goods and enable world-wide
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., employ more
than 50,000 colleagues and serve more than 25,000 customers in 150
countries. Net sales for 2018 were $23
billion. For more information about International
Paper, our products, and global citizenship efforts, please visit
internationalpaper.com.
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SOURCE International Paper