Sealed Air Earns Recognition Among Top Three Percent for Global Leadership in Addressing Climate-Related Issues
February 24 2020 - 10:07AM
Business Wire
Company earns position on prestigious CDP
Supplier Engagement Leaderboard
Sealed Air Corporation (NYSE: SEE) has been awarded a position
on the prestigious Supplier Engagement Leaderboard by the CDP for
its actions and strategies to reduce greenhouse gas emissions and
address climate-related issues and risks in its supply chain.
More than 4,800 companies were assessed by CDP and given a
Supplier Engagement Rating. The rating is based on answers to
select questions about governance, targets, scope 3 emissions,
value chain engagement and their overall CDP climate change score.
Sealed Air is among the top three percent of organizations assessed
by CDP, one of only 160 companies earning recognition on the
leaderboard this year.
The CDP is a global non-profit that runs the world’s leading
environmental disclosure platform, the widely recognized gold
standard in corporate environmental reporting. In 2019, more than
8,400 companies disclosed environmental data through CDP at the
request of 125 major purchasing organizations.
Sealed Air, a leading manufacturer of protective packaging, has
a history of limiting resource use and reducing greenhouse gas
emissions. The CDP provides third-party validation of these efforts
and the scores serve as a benchmark for companies to compare
environmental efforts against peers. For its 2019 disclosure,
Sealed Air received an A- for its overall Climate Change score,
marking the sixth year in a row the company has been recognized by
CDP.
"Sealed Air is proud to be one of the companies recognized by
customers, suppliers and industry partners, for our leadership in
sustainability and climate action,” said Ted Doheny, Sealed Air
President and CEO. “We continuously innovate to increase
recyclability, reusability and recycled or renewable content, while
also maintaining the highest performance standards of our essential
packaging solutions that prevent food waste, maximize food safety
and protect valuable goods shipped around the world. From how we
manage our own operations and suppliers to the development of our
products, our commitment to sustainability is fueling our growth
and leaving our world better than we found it.”
What’s Ahead in 2020
Sealed Air is continuing to improve its operations, solutions
and supply chain to be more efficient and less impactful on the
environment. Notable projects in 2020 include:
- A Sealed Air manufacturing plant in Buenos Aries recently
integrated a program that allows the facility to receive 85 to 100
percent of its electrical energy consumption from renewable energy
sources.
- Sealed Air is continuing to invest in renewable, raw materials
as a barrier in food packaging, including the CRYOVAC® brand
plant-based rollstock.
- The company now offers a version of its iconic BUBBLE WRAP®
brand packaging made with at least 90 percent recycled
content.
About Sealed Air
Sealed Air is in business to protect, to solve critical
packaging challenges and to leave our world better than we found
it. Our portfolio of leading packaging solutions includes CRYOVAC®
brand food packaging, SEALED AIR® brand protective packaging and
BUBBLE WRAP® brand packaging, which collectively enable a safer,
more efficient food supply chain and protect valuable goods shipped
around the world. Sealed Air generated $4.8 billion in sales in
2019 and has approximately 16,500 employees who serve customers in
124 countries.
Website Information
We routinely post important information for investors on our
website, sealedair.com, in the Investors section. We use this
website as a means of disclosing material, non-public information
and for complying with our disclosure obligations under Regulation
FD. Accordingly, investors should monitor the Investors section of
our website, in addition to following our press releases, SEC
filings, public conference calls, presentations and webcasts. The
information contained on, or that may be accessed through, our
website is not incorporated by reference into, and is not a part
of, this document.
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Company Investor
Relations Lori Chaitman lori.chaitman@sealedair.com
516.458.4455 Media Pam Davis pam.davis@sealedair.com
980.833.4084
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