Sealed Air Among Top Companies on CDP’s 2014 Global 500 Climate Change Report
September 23 2014 - 6:00AM
Business Wire
Sealed Air Corporation (NYSE:SEE) today announced that its
efforts to reduce greenhouse gas emissions and mitigate the risks
of potential climate change have been recognized by the CDP, the
world’s only global environmental disclosure system. According to
this years’ CDP S&P 500 Climate Change Report 2014, which
presents new analysis linking S&P 500 industry leaders with
financial outperformance, Sealed Air, was one of 63 companies on
the S&P 500 to achieve a position in CDP’s S&P 500 Climate
Disclosure Leadership Index (CDLI).
“It is an honor to be recognized for not only our efforts to
reduce our own carbon footprint but also for the solutions we bring
to market that help our customers do the same and thrive in a
sustainable economy,” said Jerome A. Peribere, President & CEO,
Sealed Air.
An integral part of Sealed Air’s sustainability strategy is
focused on greenhouse gas reduction and reducing operating costs
and risk and generating value through solutions that reduce waste,
conserve energy and water and optimize the use of raw materials for
its customers.
Company disclosures to CDP are scored on a scale of 100 for
completeness and data quality. High scores indicate that companies
provided robust climate data and conveyed a strong understanding of
corporate climate-related issues. The companies in the top 10% for
disclosure scores are awarded a position on the CDLI. CDP
disclosure scores are provided to investors and other decision
makers through various channels, including Bloomberg terminals, to
help them assess corporate preparedness for changing market demands
and emissions regulation.
In addition to this years’ CDLI, Sealed Air’s Diversey Care
division was recognized this year by the World Wildlife Fund for
exceeding its Climate Savers commitment and lowering greenhouse gas
emissions by 49% between 2003 and 2013. For more information on
Sealed Air’s sustainability commitments, download our
“sustainability approach” at
http://www.sealedair.com/Sealed-Air-Sustainability/default.aspx.
About Sealed Air
Sealed Air Corporation creates a world that feels, tastes and
works better. In 2013, the Company generated revenue of
approximately $7.7 billion by helping our customers achieve their
sustainability goals in the face of today’s biggest social and
environmental challenges. Our portfolio of widely recognized
brands, including Cryovac® brand food packaging solutions, Bubble
Wrap® brand cushioning and Diversey™ cleaning and hygiene
solutions, ensures a safer and less wasteful food supply chain,
protects valuable goods shipped around the world, and improves
health through clean environments. Sealed Air has approximately
25,000 employees who serve customers in 175 countries. To learn
more, visit www.sealedair.com.
About CDP
CDP is an international, not-for-profit organization providing
the only global system for companies and cities to measure,
disclose, manage and share vital environmental information. CDP
works with market forces, including 767 institutional investors
with assets of US$92 trillion, to motivate companies to disclose
their impacts on the environment and natural resources and take
action to reduce them. CDP now holds the largest collection
globally of primary climate-change, water and forest risk
commodities information and puts these insights at the heart of
strategic business, investment and policy decisions.
Please visit www.cdp.net or follow us @CDP to find out more.
Website Information
We routinely post important information for investors on our
website, www.sealedair.com, in the "Investor Relations" 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 Investor
Relations 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.
Forward-Looking
Statements
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 Sealed Air, which are
based upon management’s current expectations and are subject to
uncertainties, many of which are outside Sealed Air’s control.
Forward-looking statements can be identified by such words as
“anticipates,” “expects,” “believes,” “plan,” “could,” “estimate,”
“will” and similar expressions. A variety of factors may cause
actual results to differ materially from these expectations,
including economic conditions affecting packaging utilization,
changes in raw material costs, currency translation effects, and
legal proceedings. 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. Information on Sealed Air’s website is not
incorporated into, and does not form a part of, this press release.
Sealed Air does not undertake any obligation to publicly update any
forward-looking statement to reflect events or circumstances after
the date on which any such statement is made or to reflect the
occurrence of unanticipated events.
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Sealed Air CorporationInvestor Contact:Lori Chaitman,
201-703-4161orMedia Contact:Ken Aurichio, 201-703-4164
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