Sonoco Named One of 2011's 100 Best Corporate Citizens
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Sonoco, Hartsville, S.C., USA, has been ranked number 61 on Corporate Responsibility (CR) magazine's recently released twelfth annual 100 Best Corporate Citizens List 2011. The Ranking documents more than 320 data points of disclosure—harvested from publicly available information in seven categories: environment, climate change, employee relations, human rights, governance, finance, and philanthropy. Sonoco received its highest rankings in the Environment, Human Rights, and Employee Relations categories.
"It is a real honor to be included on this important list again this year," said Harris E. DeLoach Jr., Sonoco chairman and CEO. "For more than 100 years, Sonoco has worked hard to be a good corporate citizen. Recognition like this proves that our commitment to transparency, sustainability, our employees, and community outreach is the right thing to do and good business."
Overall performance improved among the 100 Best Corporate Citizens by some 5% in 2010 over 2009, and three-year average returns to shareholders of the companies included on the 100 Best Corporate Citizen List 2011 outpaced the S&P average by more than 4%.
Founded in 1899, Sonoco is a $4.1 billion global manufacturer of industrial and consumer products and a provider of packaging services, with about 300 operations in 35 countries serving customers in some 85 nations.
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