As a result of the recent COP21 meeting in
Paris, Sealed Air pledges that we will publish our sustainability
impact on all our new products and solutions.
Sealed Air Corporation (NYSE:SEE) and its President and Chief
Executive Officer, Jerome A. Peribere, released the following
statement in response to the outcomes of the United Nations COP 21
climate change conference.
“Earlier this week, we saw an historic outcome from COP 21.
Global government leaders and communities convened and agreed to
reduce greenhouse gas emissions, place a larger focus on climate
temperatures, and pledged $100 billion a year to help developing
countries meet their goals. We applaud our global leaders and tip
our hat to all in attendance. Thank you for the good work you have
committed to accomplish.
Although the agreements entered in Paris last week are goals,
not requirements, it’s up to us and our fellow businesses to
venture onward, continuing the good work set in Paris. We also
added our names as a signatory in the Business Backs A Low Carbon
USA statement. We are one of many brands in the United States
committed to supporting the evolution of our economy into one that
is energy efficient and focused on lower carbon emissions. Many of
the things we already do at Sealed Air are helping us achieve this
goal, but it cannot be done alone. We cannot see an impact in the
global climate change problem without global collaboration and
commitment.
At Sealed Air, we are well on our way to reducing our carbon
footprint and mitigating the effects of greenhouse gases (GHG’s)
and climate change. Just recently, CDP recognized us on their
Climate A List and Climate Disclosure Leadership Index for the work
and reporting we are doing to mitigate the effects of climate
change in our operations.
In June 2015, we announced our 2020 Sustainability Goals,
detailing our aggressive commitments in our own operations, our
product solutions, and the communities we serve. Further, we are
not just reducing our global impact; we are finding better ways to
leverage our use of resources. Not only are we reducing the climate
change impact of our own operations, but our product solutions
reduce the impact at our customers' operations as well. And we are
not just focusing on renewables, we are eliminating waste entirely
– for our customers and in the supply chain.
Furthermore, we will make additional commitments to publish the
sustainability, or carbon impact, of all our products and
solutions.
Our product packaging innovations preserve the use of resources
by eliminating damage in transit, reducing returns, and ensuring
shelf space and delivery vehicle space are optimized. Our work in
food packaging is eliminating food waste around the globe through
both innovation and education. Our Diversey Care solutions are all
about conserving water and energy resources in our customers’
operations while ensuring performance and sustainability. Diversey
Care low temperature laundry, for example, reduces water and energy
consumption while extending the life of fabrics
We believe by continuing to innovate and focus on how we use
resources, we will be able to effectively reduce our footprint and
greenhouse gas emissions, achieving our 2020 Sustainability Goals
and the goals set in place at COP 21.”
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
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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version on businesswire.com: http://www.businesswire.com/news/home/20151215006859/en/
Investors:Lori Chaitman, 201-703-4161orMedia:Ken Aurichio,
201-703-4164
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