Financial News
Berry Named One of America’s Most Responsible Companies
Berry Global Group, Inc. (NYSE: BERY) Berry is honored to be named number 35 out of 2,000 public companies on America’s Most Responsible Companies presented by Newsweek and global research firm Statista, Inc. Berry secured the number four spot on the list within its respective industry. The list includes the top 500 most responsible companies in the United States across fourteen industry subcategories. Companies were evaluated on their publicly available performance data for the three areas of ESG (environmental, social, and corporate governance).
Focused on ESG
Berry has placed special emphasis on its ESG efforts, leveraging its global capabilities to help customers meet their sustainability goals. In addition, Berry has increased its transparency on relevant ESG topics. With an industry-leading safety record and robust code of ethics, Berry is proud of its achievements thus far in the areas of corporate stewardship.
Within this focus on environmental sustainability leadership, Berry has recently announced the following:
- Our goal to achieve 30% circular plastics use by 2030, surpassing our previous goal to use 10% post-consumer recycled (PCR) resin by 2025
- Agreements to secure over 600 million pounds of recycled material, including advanced recycled material from top suppliers (PureCycle, LyondellBasell, Borealis, and Repsol)
- Secured ISCC PLUS certification for 39 sites globally
- Led through participation in industry organizations like the Alliance to End Plastic Waste and The Recycling Partnership’s Polypropylene Recycling Coalition and the Film & Flexibles Coalition
“I am proud of our people who contributed to our debut on this list which includes our customers and peers,” said Berry Chairman and CEO, Tom Salmon. “Our focus on sustainability and corporate responsibility are incorporated into our day-to-day decisions and are fundamental to who we are. This commitment drives us to be better for our customers, employees and communities.”
About the ranking
The list of America’s Most Responsible Companies begins in a pool of the top 2,000 public companies by revenue based in the U.S. and recognizes the holistic view of ESG. For the environmental category, companies were evaluated on key performance indicators (KPI) in areas such as waste, emissions, energy use, water use, environmental engagement, and long-term performance. For the social category, KPIs spanned the dimensions of leadership diversity, employees, philanthropy and engagement, and long-term performance. Lastly, in the governance category, areas of evaluation included disclosure and transparency, economic performance, and long-term performance. In addition, they conducted a survey, asking 11,000 U.S. citizens about their perceptions of the companies related to corporate social responsibility. All elements were weighted to produce a final score.
About Berry
At Berry Global Group, Inc. (NYSE: BERY), we create innovative packaging and engineered products that we believe make life better for people and the planet. We do this every day by leveraging our unmatched global capabilities, sustainability leadership, and deep innovation expertise to serve customers of all sizes around the world. Harnessing the strength in our diversity and industry-leading talent of 47,000 global employees across more than 300 locations, we partner with customers to develop, design, and manufacture innovative products with an eye toward the circular economy. The challenges we solve and the innovations we pioneer benefit our customers at every stage of their journey. For more information, visit our website, or connect with us on LinkedIn or Twitter.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211209006021/en/
Contacts
Berry Media Contact:
Eva Schmitz
mediarelations@berryglobal.com
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.