Sonoco, one of the largest global diversified packaging companies, has been selected for Fortune’s World’s Most Admired Companies in the packaging sector. Sonoco ranked first in Financial Soundness and second in Innovation, People, Social Responsibility and Quality of Products/Services. Sonoco ranked second overall in the packaging sector.
“We are honored to be named to Fortune’s Most Admired list again this year, and specifically proud of our overall second place ranking,” said Jack Sanders, president and CEO. “We have always subscribed to the guiding principle that People Build Businesses by Doing the Right Thing, and Sonoco’s success starts with our associates. Whether judged on financial responsibility, innovation, quality of products and services or anything else, we owe success to our 21,000 employees across the globe.”
Fortune’s World’s Most Admired Companies list is the definitive report card on corporate reputations. Executives, directors and analysts rate companies in their own industry on nine criteria, from investment value to social responsibility. A company’s score must rank in the top half of its industry survey to be listed.
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Founded in 1899, Sonoco is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. With annualized net sales of approximately $5.0 billion, the Company has 21,000 employees working in more than 330 operations in 34 countries, serving some of the world’s best known brands in some 85 nations. Sonoco is a proud member of the 2015/2016 Dow Jones Sustainability World Index. For more information on the Company, visit our website at www.sonoco.com.
Source : globenewswire.com