Graham Packaging wins top ESG rating from Sustainalytics
Feb. 24, 2021
The sustainable packaging company receives a low-risk profile for environmental, social and governance impact while ranking number one out of 54 others in the plastic, metal and glass packaging industry category
Graham Packaging received its inaugural Environmental, Social and Governance (ESG) rating from Sustainalytics, where it ranked number one out of 54 others in the plastic, metal and glass packaging industry category. The company also ranked third in the containers and packaging industry segment and received an overall ranking of 169 out of more than 13,560 global companies who were assessed — landing it in the top 2%.
Sustainalytics’ ESG risk ratings measure a company’s exposure to industry-specific material ESG risks and how well a company is managing those risks. The ratings distinguish between five levels of risk: negligible, low, medium, high and severe, with a lower score equating to a better risk assessment. Graham Packaging’s low-risk rating of 11 was the best of all rated plastic, glass and metal packaging companies.
(Source: Graham Packaging)
"Our ESG Risk Rating is a clear sign of our dedication to creating sustainable packaging that minimizes harm to the planet," said Tracee Auld, chief sustainability officer, Graham Packaging. "As a packaging company, we understand the important role we play in taking steps necessary to reduce emissions and manage climate risks."
The company also received a risk management score of 62.3, which highlights how well the company is managing its relevant ESG issues.
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