HARTSIVLLE, S.C.,
April 27, 2023 - Sonoco (NYSE: SON), a diversified global packaging company recognized for its leadership in sustainability, today released its 2022 Corporate Responsibility Report which highlights progress made in support of its environmental, social, and governance (ESG) initiatives.
This report was prepared in reference to the
- Reducing Scope 1 and Scope 2 emissions by 0.7% in 2022 excluding the acquisition of
Sonoco Metal Packaging , and reducing emissions intensity (tCO2e / thousand $ revenue) by 20% - Joining the
United Nations (UN) Global Compact to advance support for the UN’sSustainable Development Goals and Ten Principles Compact - Discontinuing the use of virgin pulp in mill operations with the completion of Project Horizon; all mills now utilize 100% recycled fiber
- Conducting water risk studies at 100% of our paper mills using the
World Resource Institute (WRI) assessment; building future improvement plans based on findings - Investing in renewable energy through one completed and three additionally approved solar installations projects
- Further expanding our Envirosense® portfolio of more sustainable packaging with new paper-based flexible packaging offerings, which supports our customers’ sustainability goals
- Launching a new Executive Safety Leadership Playbook to progress our world-class safety culture
- Spending more than
$240 million with certified diverse suppliers through Sonoco’s Supplier Diversity program; almost$2 billion spent since 2010 - Strengthening our commitment to education and our communities through
$2 million in donations from ourSonoco Foundation and global volunteer efforts through our Sonoco Cares program - Advancing progress towards women and minority representation in the workplace; in 2022, women were 32% of new hires and in
the United States , 42% of new hires belonged to a minority group - Recognition by industry organizations including Fortune®, which ranked
Sonoco first on Fortune’s World’s Most Admired Companies for the packaging sector, Barron’s®, which includedSonoco on Barron’s 100 Most Sustainable Companies for the fourth consecutive year, andEcovadis ®, which rewardedSonoco with Gold for the second year in a row
“At Sonoco, our focus on ESG and sustainability initiatives is embedded in our everyday lives with our purpose of
Download our 2022 Corporate Responsibility Report:
About
Founded in 1899, Sonoco (NYSE: SON) is a global provider of consumer and industrial packaging products. With net sales of approximately $7.3 billion in 2022, the Company has approximately 22,000 employees working in more than 300 operations worldwide, serving the world’s best-known brands. With our corporate purpose of
Source: Sonoco