Greif, Inc. Releases 2016 Sustainability Report and Announces Winner of 2016 Michael J. Gasser Sustainability Award
25 February 2017 - 4:24AM
Business Wire
Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial
packaging products and services, announced today that it has
released its eighth annual sustainability report, demonstrating the
company’s commitment to continuous improvement through an
integrated approach to environmental and social responsibility.
“At Greif, our commitment to sustainability is steadfast. In
2016, we continued to operationalize sustainability in our
business, made good progress on our goals and served our customers
through improved sustainability practices. I’m proud to say that
through the efforts of our global colleagues, Greif has been
recognized as a leader in sustainability by independent
organizations,” said Pete Watson, President and Chief Executive
Officer.
Highlights from the Greif 2016 Sustainability Report include the
following:
- Achieving a Medical Case Rate* (MCR)
reduction of 20 percent between 2015 and 2016, outpacing our 10
percent annual reduction target and attaining Greif’s lowest ever
MCR
- Receiving an A- score from the Carbon
Disclosure Project (CDP) for our environmental leadership
- Earning silver recognition from
EcoVadis, placing Greif in the top nine percent of suppliers in its
category
- Achieving improvements in energy
efficiency and reductions in emissions, such as decreasing energy
consumption by eight percent in our Riverville Mill in Virginia and
reducing site emissions by 70 percent at three facilities in Brazil
through the use of renewable energy
The report issued also outlines Greif’s 2020 goals for energy
efficiency, emissions reduction and water conservation. It also
contains standard disclosures from the GRI Sustainability Reporting
Guidelines and fulfills the United Nations Global Compact (UNGC)
annual Communication on Progress (COP).
In addition to the 2016 sustainability report, Greif is also
pleased to announce that Rigid Industrial Packaging & Services
Italy has been awarded the 2016 Michael J. Gasser Sustainability
Award. The team developed a strategy to reduce the weight of our
IBC product. This effort reduced Greif’s carbon footprint and
achieved financial savings, while maintaining Greif’s commitment to
producing products of the highest quality for our customers.
* Medical Case Rate, measures the number of recordable injuries
per 100 full-time employees in a 12-month period.
About Greif, Inc.
Greif is a global leader in industrial packaging products and
services and is pursuing its vision to become the world’s best
performing customer service company in industrial packaging. The
company produces steel, plastic, fibre, flexible, corrugated, and
reconditioned containers, intermediate bulk containers,
containerboard and packaging accessories, and provides filling,
packaging and industrial packaging reconditioning services for a
wide range of industries. Greif also manages timber properties in
the south eastern United States. The company is strategically
positioned in over 45 countries to serve global as well as regional
customers. Additional information is on the company's website
at www.greif.com.
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Greif, Inc.Matt Eichmann, 740-549-6067Vice President, Investor
Relations and Corporate Communications
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