MWV Named to Dow Jones Sustainability World Index for Ninth Straight Year
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MeadWestvaco Corp. (MWV), Richmond, Va., USA, reports that for the ninth consecutive year it has been listed on the 2012 Dow Jones Sustainability World Index. The Index recognizes leading global companies in the areas of economic, environmental, and social performance, and evaluates organizations based on their commitment to and success in integrating sustainability into core business objectives and performance.
In addition to being among the 340 companies listed on the Index, MWV was the only company in the Containers & Packaging sector to be listed on the North American index.
"Our drive to find sustainable solutions is embedded in our core and reflects the way we run our business every day," said John A. Luke Jr., chairman and CEO of MWV. "As a global leader in packaging solutions, serving the world's most recognized brands, we find inspiration from working with others – partnering with customers to create valuable solutions that satisfy their needs and move us toward the goals we share in business and for our environment."
In the past year, MWV has launched a comprehensive Sustainability Strategy for its business and released measurable targets to monitor progress toward energy efficiency, carbon emissions and water use reductions, certified fiber sourcing, beneficial reuse of waste, and supplier conduct. On this year's index, the company increased its overall score in the Operational Eco-Efficiency, Labor Practices and Human Rights, and Social Reporting sectors. MWV maintained its high score for the social criteria based on its programs to engage stakeholders and its industry-leading Code of Conduct for employees, and also scored above its peers for environmental policies and management systems.
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