Sonoco was also rated 202nd overall, placing the company in the Green Ranking’s top 40% for the third consecutive year.
To create the 2011 Green Rankings, Newsweek collaborated with environmental research providers Trucost and Sustainalytics to evaluate each company’s environmental footprint, management of that footprint and transparency.
Trucost used publicly disclosed environmental data to evaluate company performance on more than 700 environmental impact metrics and determine each company’s environmental impact score.
The 500 companies included in the 2011 Green Rankings are the largest US companies as measured by revenue, market capitalisation and number of employees.
Harris DeLoach, Jr, Sonoco chairman and CEO, said: “We are extremely pleased to have our commitment to setting the standard for sustainability in the packaging industry recognised again this year and to be ranked the top company in the Materials Sector. It is also very gratifying for our employees and other stakeholders to be rated so highly, given the extensive and detailed research involved in developing the Green Rankings.”
Source: Sonoco
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