IP Again Selected to FORTUNE's List of World's Most Admired Companies
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International Paper, Memphis, Tenn., USA, has been named again by FORTUNE magazine as one of the "Worlds Most Admired Companies." IP has earned this recognition 15 times in the past 16 years, based on scores achieved in the following categories: ability to attract and retain talented people; quality of management; social responsibility to the community and the environment; innovativeness; quality of products or services; wise use of corporate assets; financial soundness; long-term investment value; and effectiveness in doing business globally.
"Our mission is to improve people's lives, the planet, and our company's performance by transforming renewable resources into products people depend on every day," said Mark Sutton, chairman and CEO. "I want to thank our 52,000 global team members for achieving this well-deserved recognition by ensuring that our businesses are safe, successful, and sustainable."
International Paper is a leading global producer of renewable fiber-based packaging, pulp, and paper products with manufacturing operations in North America, Latin America, Europe, North Africa, and Russia. It produces corrugated packaging products that protect and promote goods, and enable world-wide commerce, pulp for diapers, tissue, and other personal hygiene products that promote health and wellness, and papers that facilitate education and communication. The company employs approximately 52,000 colleagues located in more than 24 countries. Net sales for 2016 were $21 billion.
More information about International Paper, its products, and global citizenship efforts, is available online.