International Paper Co., Memphis, Tenn., USA, announced this week that it has been named again by FORTUNE magazine as one of "America's Most Admired Companies." IP has earned this recognition 14 times in the past 15 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 vision to be among the most successful, sustainable, and responsible companies in the world," said Mark Sutton, chairman and CEO. "Our 55,000 employees are committed to doing the right things, in the right ways, for the right reasons, all of the time—this is The IP Way. Congratulations to our global team for achieving this well-deserved recognition." 

International Paper is a global producer of renewable fiber-based packaging, pulp, and paper products, with manufacturing operations in North America, Latin America, Europe, North Africa, Asia, and Russia. It produces 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; papers that facilitate education and communication; and paper bags, cups, and food containers that provide convenience and portability. IP employs some 55,000 people in more than 24 countries. Net sales for 2016 were $21 billion.