Sealed Air Named to CDP Climate Disclosure Leadership & Performance Leadership (A List) Status for Reporting, Results & Achie...
November 16 2015 - 7:30AM
Business Wire
Sealed Air Corporation (NYSE:SEE) today announced that its
efforts to reduce greenhouse gas emissions and mitigate risks of
potential climate change have been recognized by CDP, the world’s
only global environmental disclosure system. According to this
year’s CDP 2015 Climate Change Report, Sealed Air was named to the
Climate Performance Leadership Index (CPLI) A List and also earned
a position in CDP’s S&P 500 Climate Disclosure Leadership Index
(CDLI), for the second consecutive year.
“We are pleased to be recognized by CDP for our focus on
sustainability improvements. Our sustainability strategy is
centered on greenhouse gas reductions, 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 our customers. Our investments in game-changing improvements
within our operations, both technically and procedurally, have
delivered new, sustainable products and solutions that address
these global challenges,” said Jerome A. Peribere, President and
Chief Executive Officer, Sealed Air.
This year, approximately 2,000 companies reported to the CDP
Climate questionnaire. Company disclosures to CDP are scored on a
scale of 0 - 100 for completeness and data quality. This year,
Sealed Air scored 100 for Disclosure and achieved an A rating on
the Climate List, one of only 113 companies accounting for the top
5% of those reporting. High scores indicate that companies provided
robust climate data and conveyed a strong understanding of
corporate climate-related issues. 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, current and future emissions regulations, as well as
current and future physical risks and opportunities associated with
climate change.
For more information on Sealed Air’s sustainability commitments,
visit our website.
CDP’s annual global climate change report, along with the
climate scores of all companies publicly taking part in CDP’s
climate change program this year, is available on CDP’s
website.
About Sealed Air
Sealed Air Corporation creates a world that feels, tastes and
works better. In 2014, the Company generated revenue of
approximately $7.8 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, enables 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 24,000 employees who serve customers in 175
countries. To learn more, visit www.sealedair.com.
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
This press release contains “forward-looking statements” within
the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 concerning our business, consolidated
financial condition and results of operations. Forward-looking
statements are subject to risks and uncertainties, many of which
are outside our control, which could cause actual results to differ
materially from these statements. Therefore, you should not rely on
any of these forward-looking statements. Forward-looking statements
can be identified by such words as “anticipates,” “believes,”
“plan,” “assumes,” “could,” “should,” “estimates,” “expects,”
“intends,” “potential,” “seek,” “predict,” “may,” “will” and
similar references to future periods. All statements other than
statements of historical facts included in this press release
regarding our strategies, prospects, financial condition,
operations, costs, plans and objectives are forward-looking
statements. Examples of forward-looking statements include, among
others, statements we make regarding expected future operating
results, expectations regarding the results of restructuring and
other programs, anticipated levels of capital expenditures and
expectations of the effect on our financial condition of claims,
litigation, environmental costs, contingent liabilities and
governmental and regulatory investigations and proceedings. The
following are important factors that we believe could cause actual
results to differ materially from those in our forward-looking
statements: the tax benefits associated with the Settlement
agreement (as defined in our 2014 Annual Report on Form 10-K),
global economic and political conditions, changes in our credit
ratings, changes in raw material pricing and availability, changes
in energy costs, competitive conditions, success of our
restructuring activities, currency translation and devaluation
effects, the success of our financial growth, profitability, cash
generation and manufacturing strategies and our cost reduction and
productivity efforts, the effects of animal and food-related health
issues, pandemics, consumer preferences, environmental matters,
regulatory actions and legal matters, and the other information
referenced in the “Risk Factors” section appearing in our most
recent Annual Report on Form 10-K, as filed with the Securities and
Exchange Commission, and as revised and updated by our Quarterly
Reports on Form 10-Q and Current Reports on Form 8-K. Any
forward-looking statement made by us is based only on information
currently available to us and speaks only as of the date on which
it is made. We undertake no obligation to publicly update any
forward-looking statement, whether written or oral, that may be
made from time to time, whether as a result of new information,
future developments or otherwise.
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Sealed Air CorporationInvestors:Lori Chaitman,
201-703-4161orMedia:Meredith Rigdon, 704-794-4114
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