International Paper or IP (Memphis, Tenn., USA) announced that it has been named again by Fortune magazine as one of the "Worlds Most Admired Companies." International Paper has earned this recognition sixteen times in the last seventeen years based on scores achieved in the following categories:

 

1.Ability to attract and retain talented people 2.Quality of management 3.Social responsibility to the community and the environment 4.Innovativeness 5.Quality of products or services 6.Wise use of corporate assets 7.Financial soundness 8.Long-term investment value 9.Effectiveness in doing business globally

"This recognition reflects the exceptional talent and commitment of International Paper’s 52,000 employees around the globe," said Mark Sutton, chairman and chief executive officer. "We work with the world’s leading brands to make products that improve peoples’ lives and we mobilize our people, products and resources to address critical needs in the communities where our employees live and work. I want to thank our global team members for this well-deserved achievement."