Sealed Air Highlights Its Commitment to Eliminate Food Waste on World Environmental Day
June 05 2013 - 7:45AM
Business Wire
Today, Sealed Air Corporation (NYSE: SEE) joins the efforts of
World Environment Day (WED) to increase awareness and encourage
action to eliminate food waste.
This annual, one-day awareness initiative is aimed at being the
biggest and most widely celebrated global day for positive
environmental action. With more than 1.3 billion tons of food waste
each year1, this year’s theme, Think.Eat.Save, focuses on an
anti-food waste and food loss campaign that encourages reducing the
foodprint throughout the world.
“There is a growing need to address the most pressing issues
facing our food supply, including food safety, waste and access,”
said Dr. Ronald Cotterman, vice president of Sustainability at
Sealed Air Corporation. “With regard to food waste, we are more
conscious of the impact our actions have on the environment yet our
society throws away billions of tons of edible food each year that
ends up in our landfills, releasing methane gas into the
atmosphere.”
Consumers throw away nearly as much food as they eat, the
results of which devastate our environment, communities and the
economy. The food we waste translates into lost profits for farmers
and producers plus higher prices for consumers and reduces food
security for those who cannot afford enough to eat. In the U.S.
alone, food waste consumes 300 million of barrels of oil each year,
is responsible for one quarter of all freshwater consumption and
represents an economic loss of $160 billion per year.
Nearly every step in the food production and consumption chain
affords the opportunity for waste reduction. Through its
SmartLifeTM initiative, Sealed Air has focused its R&D efforts
on solutions that eliminate waste throughout the entire value
chain.
- Food Processors – Preventing
contamination and production yield loss and ensuring food is
distributed without damage or spoilage to retailers and
restaurants.
- Retailers – Reducing in-store prep
losses, damage and product expiration prior to sale.
- Foodservice – Providing meals and
ingredients in portions to match varying customer demands and
extending food quality life while minimizing product loss during
storage.
- At Home – Lessening waste by providing
consumers more shelf life for perishable products, reducing
spoilage or damage during storage and enabling food portioning that
helps with meal planning.
“World Environment Day provides the platform to highlight our
continued commitment and expertise across the supply chain to help
our industry partners enhance their overall sustainability,”
continued Dr. Cotterman. “Sealed Air continues its mission to
provide sustainable solutions for some of today’s biggest global
issues to ultimately create a better way for life.”
To learn more about the ways Sealed Air is making strides to
reduce food waste, or for more information on World Environment
Day, visit www.sealedair.com or www.unep.org.
About Sealed Air
Sealed Air is a global leader in food safety and security,
facility hygiene and product protection. With widely recognized and
inventive brands such as Bubble Wrap® brand cushioning, Cryovac®
brand food packaging solutions and DiverseyTM brand cleaning and
hygiene solutions, Sealed Air offers efficient and sustainable
solutions that create business value for customers, enhance the
quality of life for consumers and provide a cleaner and healthier
environment for future generations. Sealed Air generated revenue of
approximately $7.6 billion in 2012, and has approximately 25,000
employees who serve customers in 175 countries. To learn more,
visit www.sealedair.com.
Sealed Air SmartLife
SmartLife is our initiative to innovate solutions for several of
today’s biggest social and environmental global challenges while
driving economic growth. It is designed to accelerate the progress
our customers are making toward achieving their sustainability
goals by providing solutions that fit their specific needs without
sacrificing performance or cost competitiveness. We achieve this,
in part, by incorporating life cycle thinking that results in a
holistic approach for looking beyond the product and to consider
the value chain where the product is part of a broader life cycle
involving sourcing, distribution, use and even disposal.
Forward-Looking Statements
Company statements in this press release may be "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995 concerning our business, consolidated financial
condition and results of operations. These statements include
comments as to future events that may affect the Company, which are
based upon management's current expectations and are subject to
uncertainties, many of which are outside the Company's control.
Forward-looking statements can be identified by such words as
"anticipates," "expects," "believes," "plan," "could," "estimate,"
"will" and similar expressions. For more extensive information, see
"Risk Factors" and "Cautionary Notice Regarding Forward-Looking
Statements," which appear in our most recent Annual Report on Form
10-K, as may be revised and updated from time to time by our
Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, as
filed with the Securities and Exchange Commission. These reports
are available on the Securities and Exchange Commission's website
at www.sec.gov or our Investor Relations home page at
http://ir.sealedair.com.
1“Food Waste.” UNEP.org. United Nations Environment Programme.
31 May 2013.
Sealed Air CorporationMedia:Ken Aurichio,
201-791-7600Ken.aurichio@sealedair.com
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